Axis extends Australian Stardex agency deals

AXIS Specialty Europe has extended a three-year underwriting agreement with Australian specialist professional liability underwriting agency Dexta for a further two years until 2010 to and has signed a new deal to provide capacity for fellow member of the Stardex Insurance Group, professional risks specialist Macquarie Underwriting from June 2007 onwards.

Tony Wheatley, Dexta managing director, said the extended partnership meant greater security for clients and brokers transacting business with Dexta and had led to the Stardex Group transitioning

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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