Post - 2011-02-10
Setting up schemes to cover specialist sectors can be a lucrative business - but it requires brokers, insurers and customers to work together. Stephanie Denton looks at this evolving market.
Some US-based insurers find plans to align more closely with their European counterparts under the Solvency II equivalency scheme 'irritating'.
Global driver-safety firm Greenroad has signed a deal with Zurich fleet client Iron Mountain to roll out its service across the UK.
Softly spoken Marshall King has a track record worth shouting about. Lynn Rouse finds out about his plans to make sure everybody hears about broker RFIB.
Looking through Post's back catalogue paints a unique picture of mroe than 150 years of insurance news, as this highlight from 30 years ago reveals.
A high level of interest from bond investors in London and Edinburgh saw Towergate management cancel travel plans to meet potential investors in Europe and the US last week, and conclude its refinancing arrangement on UK soil.
Business secretary Vince Cable and skills minister John Hayes have urged more employers to drive economic growth by creating a new generation of skilled workers, while underlining the government's commitment to increase the budget for apprenticeships to…
With more advanced smartphones and tablet computers, Rachel Gordon asks if mobile technology is merely the latest passing fad, or the shape of the future for the broking community.
More Than is to take its road and fire children's safety campaign sponsorship to Manchester.
Markel International does not expect its future profits to be badly affected by the New Zealand earthquake and recent Queensland flooding, after previous catastrophe events added six points or $33m (£20.5m) to its 2010 full-year combined ratio.
Total costs for motor and home claims reached £1.4bn between during 24 November to 31 December 2010, as the big freeze swept across the UK, figures released by the Association of British Insurers have revealed.
I note with interest Mike Eve's letter in Post referring to the level of penalty under the Continuous Insurance Enforcement process being "far too low"
Chaucer has again become the subject of speculation in the market after it was revealed "a number" of potential buyers have made provisional approaches for the firm.
The rescue and relaunch of the UK's first Shariah-compliant insurer Salaam Halal has fallen through over disagreements with its prospective backer, Post has learnt.
The Association of British Insurers is poised to reject the concept of having a centralised response to surge events, which could have seen streets allocated a specific loss adjusting firm to moderate claims.
One of the UK's largest specialist female insurers has scoffed at the Association of British Insurers' suggestion that it could potentially have to re-underwrite its whole book following the European Court of Justice's gender verdict due on 1 March.
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
A better understanding and quantification of risk portfolios will be provided by Solvency II. Sam Barrett assesses the benefits and potential pitfalls.
The Financial Ombudsman has admitted that more works needs to be done to speed up cases to conclusion, once adjudication has been challenged.
The Co-operative Insurance is aiming to sell 10 000 new pet insurance policies, after entering a multi-year deal with underwriter Allianz.
The big freeze over the winter of 2010/2011 is the latest event to raise the issue of how loss adjusters and other service providers find extra capacity to meet insurer and policyholder demands.
RSA is set to launch a new property product next month as part of wider plans to become a top-five player in the SME sector.
Mike Eve makes some interesting points regarding uninsured driving and, unfortunately, he is correct that fines for uninsured driving, and most other offences for that matter, are governed by the financial status of the offender.
With its 20th anniversary just passed, David Worsfold looks at the success of the All Party Parliamentary Group on Insurance & Financial Services, detailing some key highlights from two decades of debate.
As law firms acquire work from distressed practices, both they and professional indemnity insurers need to be wary of the rules regarding succession. Craig Jones reports.
"There's unlimited supply. And there is no reason why". No, I'm not talking about the overcapacity in the UK motor market, but the opening lines to EMI by the Sex Pistols.
High net worth clients demand a high standard of service, as do their brokers, but which insurers are delivering it? Peter Joy unveils the answer.
Insurance brokers have reacted angrily to Financial Services Compensation Scheme proposals to increase their fees to more than £90m for 2011/2012.
Affinity Insurance Management, an appointed representative of Affinity Scheme Insurance, has disclosed a £150 867 loss in its first full-year of trading, and warned about its future viability.
The Financial Ombudsman Service is making increasing use of outsourcing as it battles to keep up with the volume of cases it has to deal with, especially in the payment protection sector.
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
With 80% of business data having a geographical element, Sarah Adams looks at the way this insurers can improve their data.
Looking through Post's back catalogue paints a unique picture of more than 150 yeas of insurance news, as this highlight from 50 years ago reveals.
Penny was delighted to be entertained by the lovely ladies at Royal Bank of Scotland Insurance, when she was whisked off to the O2 to see R&B megastar Usher perform a selection of his greatest hits.
Application fraud is "potentially an Achilles heel" for the UK insurance industry.
Legal expenses insurers have warned that a recent ruling could pave the way for solicitors without Financial Services Authority approval to offer indemnity against defendants' legal costs.
Beazley expects to reap "significant benefits" from merger & acquisition opportunities presented by Solvency II, if the new rules prove difficult to implement for some insurers.
Spanish insurer Mapfre has revealed that it is set for a global roll out of its direct-to-consumer travel products, following its acquisition of Insure & Go.
Hastings is the first insurer to pilot lifestyle management and concierge company Red Onyx's new replacement vehicle scheme for total loss claims.
The Association of British insurers is to take an active role in the recently announced review of the standard for repairing flooded property — PAS 64 — after it was highlighted as an action point by one of the trade body's working parties.
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.