Post - 2010-06-24

Kwik Fit bidders close in on deal

The private equity parent of Kwik Fit Insurance is within reach of a deal to sell the motor specialist to a trade buyer, Post understands.

Ex-Fusion bosses outline MGA plan

The new managing general agency led by Fusion founders Kevin Pallett and Geoff Crisp aims to establish at least five offices as it gears up for its launch next year, backed by Bermuda-based insurance group Aspen.

Moorhouse Enterprise

Welsh broker Moorhouse is to launch its first business under Moorhouse Enterprise, set up to support the next generation of broker start-ups.

Insurance Fraud Awards

The second annual Insurance Fraud Awards will be held on 21 October at the Grand Connaught Rooms, London, to recognise the industry's continued efforts to tackle fraud and encourage the spread of best practice and excellence across the sector.

Isis move creates 40 jobs

Validation and fulfilment firm Isis Claims Solutions is set to move to a new office as it looks to grow its headcount.

Start-up seeks to aid genuine claims validation

An initiative that aims to help claims handlers make faster, informed decisions to validate a claim or pass it on for further investigation, has been launched by Stuart Dennis, chief executive of fraud management company TCF Corporate.

View from the top: The new watchword

Efficiency has become the watchword of the new government, as it looks for savings to combat the UK's budget deficit. The same watchword could be applied to businesses. While the likelihood of a double dip recession has lessened, we are still at a…

Postbox: Time to use hindsight

I read with interest earlier this week that, despite a decline in foreign travel, the number of available travel insurance policies has risen by 9.5% in the last year as new policies, covering strikes and volcanic ash cloud disruption, have come onto the…

Postbox: Training rules

I read Patrick O'Connell of Oval recently on the role of qualifications in promoting greater professionalism in our industry.

Environmental liability: Grasping the impact

Despite it providing the potential for conflict, Mike Marston asks why brokers have failed to fully understand the implications of the Environmental Damage (Prevention and Remediation) Regulations 2009.

Penny Black's insurance week

While many have tired of crooning ex-soldier-turned-popstar James Blunt, Penny was pleased to see that one insurer was giving him a boost as he desperately clings onto fame. RSA will be strapping Mr Blunt into a plane and flying him over London in an…

Post triumphs at Biba bash

Post has been acclaimed with a prestigious award and three 'highly commendeds' at the British Insurance Brokers' Association's 2010 journalist of the year awards.

RIIG share issue

Resources in Insurance Group, the provider of claims management and consultancy solutions to the UK insurance sector, has raised £190 000 with the placing of 44 444 444 new ordinary shares of 0.1 pence each.

Lloyd's appoints Jardine

Lloyd's has appointed Paul Jardine from Catlin Syndicate as deputy chairman of The Council of Lloyd's, following Ewen Gilmour's retirement from the position earlier this month.

RICS chooses Howden

The Royal Institution of Chartered Surveyors has appointed specialist Lloyd's broker Howden as its preferred UK professional indemnity broker.

FSA to probe Apollo leak

The Financial Services Authority is investigating the leak of Apollo's takeover approach for Brit Insurance.

Loss adjusters survey

Are your contracted loss adjusters up to scratch, or could you be getting better performance elsewhere? With your help, Post's sister industry insight unit, Insurance 360, is going to find out.

Marston quits Cunningham

Cunningham Lindsey is searching for an environmental services boss following Mike Marston's announcement that he plans to leave the business after six years.

RDT customer service tool

RDT has developed a software package that aims to help insurance claims departments tackle customer complaints more efficiently.

Jelf CEO optimistic asnew hires reap rewards

Jelf group chief executive Alex Alway has said the broker's investment in account executives has been key to growing the business despite recording a £616 000 loss for the six months ended 31 March 2010.

Co-op hands keys to Nash

The Co-operative Financial Services is to hand over its motorcycle insurance book to Carole Nash next month. Equity Red Star is set to benefit from the deal after being appointed by the latter, a long-term broker partner, to underwrite the 5000 policies.

Ex-Layton duo return

Layton Blackham founder Chris Blackham and former managing director Geoff Bradford are offering investment to general insurance brokers and managing general agents as part of a new venture.

Towergate sales day

Amanda Blanc, Towergate deputy chief executive, said its first annual sales day, held on 17 June, generated "tens of thousands of new leads".

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