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Exclusive professional indemnity and collective redress content
Insurance Insight’s weekly update is now live with an article on how the professional indemnity market in Europe is in line for growth and a View from the Top on why the European Commission needs to reconsider it push for a system of collective redress…
View from the Top: No need for European consumer collective redress
The European Commission is continuing to push for a system of collective redress for consumers that would allow a type of class action litigation.
Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
Only 12% of Global insurance programme managers are convinced they have full visibility of their global policies
Following the 'International Programme Design - Global v Local' workshop run by JLT Specialty Limited at the AIRMIC Conference this week, JLT has claimed many of the people in charge of arranging insurance for their companies on a global basis are not…
FSA spends £763k on delayed FSCS review
The Financial Services Authority spent £763 000 on a review of the Financial Services Compensation Scheme that it later abandoned.
Admiral & BGL: Motor rates to slow in H2
Motor rates are likely to slow to single digit levels in the second half of the year, according to analysts, as some players “fight back” from market share losses.
CBG launches into brewery insurance
Craft Brewery Insurance has been designed to provide a full range of insurance cover essential for a commercial brewer.
Only 12% of Global insurance programme managers are convinced they have full visibility of their global policies
Following the 'International Programme Design - Global v Local' workshop run by JLT Specialty Limited at the AIRMIC Conference this week, JLT has claimed many of the people in charge of arranging insurance for their companies on a global basis are not…
FSA spends £763k on delayed FSCS review
The Financial Services Authority spent £763 000 on a review of the Financial Services Compensation Scheme that it later abandoned.
Admiral & BGL: Motor rates to slow in H2
Motor rates are likely to slow to single digit levels in the second half of the year, according to analysts, as some players “fight back” from market share losses.
Kiln acquires 49% stake in WNC Holdings
Insurance and reinsurance underwriting group Kiln has bought a 49% share in US-based WNC Holdings, a company the Tokio Marine member has worked in partnership with since 1986.
Mapfre Re launches Paris branch
Mapfre Re has opened a new office in Paris.
Former Zurich Municipal boss returns
The former managing director of Zurich Municipal Rob Allison has joined York-based broker DE Ford.
Willis looks to enhance alliance relationships with insurers
Over 100 Willis commercial network members are expected to attend the annual forum of Willis Group Holdings’ which today in Alicante, Spain.
Mapfre Re launches Paris branch
Mapfre Re has opened a new office in Paris.
Healix Insurance Services boosts revenue by 32%
Wholesale travel insurance broker, Healix, has reported premium income rising to in excess of £30m for the year ended 31 March 2011.
Willis looks to enhance alliance relationships with insurers
Over 100 Willis commercial network members are expected to attend the annual forum of Willis Group Holdings’ which today in Alicante, Spain.
ABI welcomes FSA aggregator guidance
The ABI has responded to the publication of the Financial Services Authority’s proposed guidance to comparison sites.
Brit joins Power Place panel with D&O offering
Newly appointed Power Place panellist Brit Insurance is to launch directors & officers’ liability cover to the marketplace later this month.
Aviva re-enters fleet telematics market
Aviva is re-entering the telematics market seven years after its initial launch of a fleet telematics insurance policy.
Beazley recruits property underwriter
Beazley has appointed Will Roscoe as an underwriter on the open market property team.
Markerstudy acquires Blagrove Insurance
Markerstudy Group has announced the acquisition of Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Post history - 50 years ago: Insurer move to practice as it preaches
Looking through Post's back catalogue paints a unique picture ofmore than 150 years of insurance news, as this highlight from 50 tears ago reveals.
Airmic 2011: New contract clause seeks to prevent claim avoidance
Inadvertent omissions in underwriting information will no longer allow insurers to walk away from claims. At least, that is the hope of corporate buyers preparing to insist on the inclusion of a new model clause in contracts unveiled on Tuesday at the…