Insurer
Willis announces Broker Direct network tie up
Willis Networks and Broker Direct, through its commercial insurance solution Our Network, have entered into a strategic alliance that will allow their respective members access to the services and facilities of the other.
Bennetts bosses attribute e-commerce developments to record sales
Motorcycle insurance specialist Bennetts has recorded a sales increase of 31% on last year, leading company bosses to highlight the impact of e-commerce developments as a major cause behind the recent success.
Event Insurance urges brokers to cash in on Jubilee and Olympics
Event Insurance Services is attempting to cash in on the Queen’s Diamond Jubilee and the London Olympic and Paralympic Games by launching policies covering events celebrating these landmark events.
Online insurer launches mobile wallet protection
Online mobile phone insurance specialists insurance2go.uk is claiming to be the first insurer to offer consumers protection for mobile wallet technology.
Ecclesiastical adds Quadra to increase property adjuster panel
Ecclesiastical has appointed Quadra Claims Services to its property loss adjuster panel to focus on commercial and personal lines property claims.
Insurance Age blog: Brokers as moths
Brokers often get a bum rap from the public. For years the public have been told that brokers are merely a middle man that adds cost to the insurance process and customers would do well to 'cut them out'.
Hiscox reports H1 losses of £85.6m in 'worst year ever'
Hiscox has announced a half year pre-tax loss of £85.6m, leading the insurer to claim the year so far has been the costliest year ever for the insurance industry.
Arag launches divorce insurance
Legal expenses insurer Arag has teamed up with London law firm Prolegal to offer divorce insurance.
Clyde & Co and Barlow Lyde & Gilbert merger agreed
A merger between Clyde & Co and Barlow Lyde & Gilbert has been given the go-ahead by the partners of the two firms.
Exclusive IP and catastrophe articles now live
Insurance Insight’s weekly update is live with articles on intellectual property and natural catastrophes.
Lloyd's Names group sets up investigation taskforce for syndicate losses
A Names group has set up an “investigation” taskforce to uncover the reason behind the huge losses of Lloyd's Equity syndicate 218 and KGM 260 in the 2008 account.
View from the Top: Threat from wave of natural catastrophes?
The spate of natural catastrophes around the world shows no signs of abating.
Soil deficit figures support predicted upturn in subsidence claims
Unless there is significant rainfall over the UK in the next six weeks, the industry should brace itself for a rise in subsidence claims later this year.
Lloyd’s receives reduced collateral approval in NY
Lloyd’s has received approval from the New York Insurance Department to post reduced collateral on reinsurance contracts.
Solvency II delay poll results
Find out what the market voted on for the Solvency II delay.
DAS appoints senior risk and compliance officer
DAS Group has appointed Deborah Douglas as the new senior risk and compliance officer.
MGAA to launch in September
The Managing General Agents’ Association has confirmed that it is to officially launch on 1 September.
Prominent insurance leaders to join IIS board of directors
Eight insurance leaders will join the board of directors at the International Insurance Society, effective 1 August.
Solvency II 2014 delay confirmed
The European Parliament has agreed that Solvency II should be delayed until 2014.
Markel launches Dutch operation
Markel International is preparing to open a branch office in Rotterdam this September.
Julian James elected new CII president
At the Chartered Insurance Institute’s annual general meeting held in London on 22 July 2011 Julian James was elected 115th president of the CII.
Consumers feel little love for insurance brands
Churchill has topped a list of insurance and pension brands according to the quality of relationship they have with their customers, but overall insurance and pension brands fared worst in the survey of financial services.
Insurers uncovered 9% more fraud in 2010, according to the ABI
Insurers uncovered 133 000 fraudulent insurance claims in 2010 - 2500 every week - up 9% on 2009.
Jersey avoids Solvency II
Jersey’s insurance sector has welcomed the announcement from the island’s financial services regulator, the Jersey Financial Services Commission, that it has no plans to implement Solvency II measures in Jersey.