RSA's commercial broking division is to lose a second key director within a month, when Aaron Devitt leaves the UK business. Mr Devitt, sales director since November 2008, will leave to take over as commercial lines director for RSA's Scandinavian…
Intermediaries that accept commission should be prevented by law from describing themselves as independent, according to a member of the Committee of European Insurance and Occupational Pensions Supervisors.
The Association of Insurance and Risk Managers has unveiled plans to end disproportionate member penalties for inadvertent non-disclosure in a move it hopes will be mirrored by eventual insurance law reform.
Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.
The British Insurance Brokers' Association has urged members to take an active role in an upcoming consultation of Financial Services Compensation Scheme levies to help reduce the burden of fees on intermediaries.
Professional Broking, the management magazine for insurance brokers, has announced the latest round of dates for its leadership training for broker managers course, helping managers develop skills from problem solving to recruiting the right people.
Lloyd's broker NCG Professional Risks has targeted a move into UK retail, international reinsurance and international commercial property and casualty after receiving £1.4m of investment from BP Marsh.
Over-50s insurance provider Staysure has opened a branch in Marbella, Spain offering home, health and travel insurance plus pre-paid funeral packages to the expat community. As well as running the expat service, the new office will provide a base for…
Insurance broker QLP and law firm Davies Arnold Cooper have joined forces to launch a risk management tool aimed at helping law firms reduce their exposure to professional indemnity insurance price and provision volatility.
A newly elected Labour MP has called on the government to reveal the outcome of a consultation into the establishment of an employers' liability insurance bureau undertaken before the general election.
Eighteen years of independent corporate governance reviews have failed to reduce the risk to shareholder value and corporate reputation, according to Matthew Bates, Heath Lambert's head of risk management.
Cyber liability is the most significant emerging liability exposure in the UK, according to the Airmic's first-ever benchmarking study into the casualty insurance market, carried out jointly with Advisen.
UK corporations remain overly reliant on insurance as a catch-all solution and are failing to take risk seriously as a board issue by delegating responsibility downwards. These are among the key initial findings of a three-year study being undertaken by…
Multinational clients of Ace UK are set to benefit from real-time management and monitoring of their insurance programmes with the launch of Worldview this week, a web-based portal clients can access direct from their desktops.
Compensating those who suffer injury at work and returning them to employment as fast and as safely possible is not only the morally right thing to do, but it is also in the best interest of the insured and their insurer. Nevertheless, average claims…
With the new coalition government currently reviewing spending and revenue, many forecasters believe that the 5% tax rate on general insurance will be at least doubled in the emergency Budget due on 22 June.
In the second article of a two-part series on the new rehabilitation code of practice, Lynn Rouse explores concerns about cost, cohesiveness and potential public sector failure to join their private provider counterparts in the journey to compliance.
Staff from Haywards Heath-based First Central Insurance Management, the service provider for online motor insurer First Central, defended their title and won the annual Action For Children Football Tournament, which is organised by recruitment agency…
Leigh Jackson talks to HSB UK's American chief executive officer and managing director of engineering insurance Stephanie Watkins about her past as a police officer in the US and her curious love for cricket.