Insurer
Quinn given hope over UK insurance return
The Financial Regulator has offered Quinn Group some hope that it may be allowed to reopen for insurance business in the UK, albeit in a limited capacity.
Offshore insurers deny cutting rates to win ex-Quinn business
Two unrated offshore insurers said to be among the key beneficiaries of Quinn¹s problems in the UK have hit back at suggestions they are underpricing risks to win commercial business previously underwritten by the Irish firm.
Allianz hires new household operations manager
Allianz has appointed Gary Coton as household operations manager responsible for handling all UK household claims.
Finsure MD steps down ahead of run-off
Royal Bank of Scotland’s Finsure Premium Finance has parted company with managing director Trevor Brittain ahead of its closure next year.
Libs to give mutuals dedicated minister and create local stock exchanges
In order to sustain jobs and promote growth, the Liberal Democrats today said it planned to set up an Infrastructure Bank to direct private finance to essential projects such as new rail services and green energy, building the environmentally sustainable…
Matthews named new FSSC chairman
Trevor Matthews has been appointed as chairman of the Financial Services Skills Council.Mr Matthews is chief executive of Friends Provident and immediate past president of the Chartered Insurance Institute.
Lloyd's hosts Tower Hamlets public speaking competition
Lloyd's hosted the final of the annual Tower Hamlets public speaking competition where Year 10 students gathered to give their views on the topic 'Social networking sites: harmful or empowering?'.
CII rolls out free new employee starter pack
The Chartered Insurance Institute has introduced free induction packs for companies looking to recruit staff who are new to the insurance sector.
Damage Management - Green Credentials: Green machine
The damage management sector deals with adverse environmental impacts every day, but are its solutions wholly green, asks Jane Bernstein
View from the top: Staff cutbacks mean that we all pay the price
Recent events with Quinn Insurance have proved once again that choice often comes at a price. Solicitors, as many industries in the UK, are facing tough times. Income is down, claims are up and there is not much light at the end of the tunnel. Hard-hit…
CILA fends off conflict of interest criticism
The Chartered Institute of Loss Adjuster has defended its decision to strengthen its member guidance on conflicts of interest against accusations it may be acting outside its remit as a professional standards body.
Swiftcover ops centre to create 350 new jobs
Swiftcover plans to create 350 jobs over the next three years when it opens a new multi-million pound operations centre in Stockton, Teesside.
Editor's comment: Taking your chances offHollywood Boulevard
For American movie lovers, if a film is said to be "unrated" it normally means that it is likely to be a bit edgier than the standard offerings pumped into the multiplexes and video chains.
RSA achieves 90% target for promise
RSA has rolled out its 'broker promise' initiative across its entire middle-market business, following its initial launch last year.
Aviva improves flood map
Aviva is set to unveil a new flood mapping model it claims will enable it to offer "more competitive prices" to household policyholders.
LV boss hails new deals as firm exceeds target
LV's breakdown division Britannia Rescue has agreed a number of new broker partnerships as it seeks to widen its distribution in the intermediary market.
Fire claim insurer named
Zurich and Cunningham Lindsey are involved in the claim resulting from last week's blaze in Southampton in which two fire fighters died.
Benchmarking briefing
In today's competitive market, companies are looking for innovative ways to reduce claims costs, improve efficiencies, and provide superior customer service.
ABI reveals massive trade credit claims increase for 2009
The Association of British Insurers has revealed the cost of trade credit claims soared by 95% in 2009, while business prospects remain "highly uncertain".
Brittain steps down as Finsure ceases writing business
Trevor Brittain has stepped down as managing director of Royal Bank of Scotland's premium finance business Finsure ahead of its closure.
Exeter Friendly joins Protect
Income protection specialists Exeter Friendly Society has joined credit insurance trade body Protect under the umbrella of its Pioneer brand.
Carole Nash reveals “satisfactory” result despite fall in profits
Specialist motorcycle insurance broker Carole Nash has announced a pre-tax profit of £6.17m for 2009 – more than £1m less than the figure for 2008 (£7.6m).
Quinn planned to reduce UK broker panel before Regulator stepped in
Quinn Insurance wrote to brokers outlining plans to grow its UK business days before the insurance group was banned from writing any new business there, according to reports this morning.
Homeserve makes US acquisition
Homeserve is expanding its international operations and the development of its US business with the acquisition of National Grid Energy Services service contract business from National Grid Energy Services.