Insurer
Novae-Omega merger falls through
Novae has announced to the London Stock Exchange that “it is unlikely a transaction can be structured in its interest” with fellow Lloyd’s insurer Omega.
AMII to step up fight for tax concessions
The Association of Medical Insurance Intermediaries has appointed executive committee member Lindsey Joseph from LEBC Corporate Healthcare Solutions as secretary/membership secretary.
Foil calls for fixed fees to be slashed
The Forum of Insurance Lawyers has urged the government to extend the road traffic accident claims portal to £25 000 and to reduce fixed fees in the regime.
Flagstone: US reinsurance rates rise 10%
North American reinsurance renewals have increased by an average of 10%, according to Flagstone Re.
Hire car insurance "baffles" consumers
British travellers are being "scared" into buying extra car insurance on hire cars because of widespread ignorance about excess cover, an online insurance company has found.
‘Dirty secret’ comes as no surprise to legal expenses group
The Legal Expenses Group has welcomed Jack Straw’s investigation into referral fees.
First named storm of 2011 hurricane season
Tropical storm Arlene has become the first named storm of the 2011 Atlantic hurricane season, according to catastrophe modelling firm Air Worldwide.
Hoban addresses insurance community
This morning Mark Hoban, Financial Secretary to the Treasury gave a speech to the London 100 Group at the City of London Club.
Government delivers gender certainty
The government has today announced that domestic law is to be amended to deliver absolute clarity for brokers and insurers on when and how the forthcoming European ban on gender-based premiums takes effect.
Government delivers gender certainty
The government has today announced that domestic law is to be amended to deliver absolute clarity for brokers and insurers on when and how the forthcoming European ban on gender-based premiums takes effect.
Aviva major acquisition spree 'unlikely'
Major acquisitions to fast-track the creation of a multi-brand general insurance strategy for Aviva are unlikely, despite the £600m windfall set to be secured from last week's sale of roadside assistance provider RAC, according to analyst Eamonn Flanagan.
Allianz wins £150m BMW deal from RBSI
Allianz Insurance has expanded its partnership with BMW Financial Services after winning a deal to provide car, home and travel products to customers of the car manufacturing giant from Royal Bank of Scotland Insurance.
ABI biennial conference: Cable tackles short-termist culture
Business Secretary Vince Cable has launched a three-pronged strategy to tackle a culture of short-termism and bolster corporate governance, while ensuring the proper functioning of capital markets.
Career development: How do you ensure your employees are motivated?
Whether full-time, part-time, or temporary, it is of the upmost importance to do your best as employers to ensure staff are motivated. We all know that a company's people are its greatest asset and this is due in part to the significant say they have in…
Postbox: Unfair broad brush comparisons
I couldn't help but notice the story in Post on 16 June entitled 'Brokers warned networks no panacea'.
Ex-HSBC staff to support Capewell's venture
A team of former HSBC Insurance Brokers employees are poised to facilitate the launch of the new venture headed by Martyn Capewell, the chief executive of the bank's now defunct insurer arm.
Law firms poised for top-25 merger
Legal bosses from Beachcroft and Davies Arnold Cooper are remaining tight-lipped over merger talks — despite market speculation a decision could be reached within a week.
Editor's comment: Referral fees witch hunt
Well, it was bound to happen sooner or later: public outrage at referral fees and the "gobsmacking" practice of insurers making money from passing on details of claimants to personal injury solicitors. Few, however, would have put money on it emanating…
Spotlight on: Insurance scores - Adapting to new methods
Despite there being restrictions to exactly replicating US insurance scoring methods in the UK, Graham Lund asserts that certain elements could be adapted for much greater effect.
News comment - Women in business: Room at the top
After Business Secretary Vince Cable called on insurance company chairmen to publish their medium-term targets for female board representation, Heather Jackson explains why quotas are not the answer.
In-depth PI report finds no solution for midwives
A study into the provision of insurance for independent midwives has found there is no "foreseeable" insurance solution for the high risk they present to insurers.
News analysis - Regulation: The more things change
With detail emerging on what life under the Prudential Regulation Authority will look like, Mathew Rutter analyses the similarity of themes to the current approach and pinpoints potential problem areas.
ABI biennial conference: Insurers urged to find ways to interact with customers
Insurers must find ways of addressing their lack of direct contact with personal lines customers if they are to improve loyalty and service.