Property
British Insurance Awards 2010: Making risk manageable
The recession has highlighted the need for firms to use their budgets more effectively. FM Global's Riskmark impressed judges with the way in which it improved risk assessment, writes Daniel Dunkley.
British Insurance Awards 2010: Investing in its people
With a quality product, new brand identity and associated advertising campaign, RIAS delivered impressive results last year and this is, above all, down to its staff. Liz McMahon explains how the over-50s insurance provider has kept its people at the…
Moneysupermarket marketing and site investment contributes to earnings drop
Moneysupermarket this morning said investment in its new motor insurance site and subsequent marketing campaign have contributed to a predicted drop in profits in the first half of 2010.
QBE extends heating scheme
QBE and Bristol-based broking company Sutton Specialist Risks have extended their joint scheme covering heating, ventilation and refrigeration contractors.
Fortis wins American Express insurance deal
Fortis Insurance and American Express have announced a new five-year strategic partnership to deliver fully branded motor and household insurance products to American Express’ UK customer.
Halliwells to seek more time for sale
Halliwells is expected to ask for more time to negotiate its sale after more parties showed an interest in buying all or part of the firm.
Clear boost for household book
Allianz has grown its household book by almost £30m in the 18 months since the launch of its Clear household product. Gareth McChesney, head of portfolio management at Allianz Retail told Post that in December 2008 its household book in the broker market…
Dual makes property and casualty move
Dual Corporate Risks has branched out from its professional indemnity and directors’ and officers’ heartland and entered the property and casualty market with the appointment of the former managing director of Glacier Group, Steven Price.
Claims - Real estate: Estate of play
With real estate investment going global, Graham Smart examines the insurance industry's approach to protecting the assets involved.
Interview - Stefano Tranquillo: Sticking to the principle
FM Global's Stefano Tranquillo may have a diverse background but, he tells Lynn Rouse, the company has achieved first-class underwriting results using a risk management model that has changed little in the 175 years since it was founded.
NIG launches property product
NIG will launch its premier property owners product to a broker panel on the 6 July.
Argo signals international push
Argo International has recruited Tony Cabot to support its active international growth strategy.
Dry spell linked to subsidence risk
As the Met Office confirms the first five months of 2010 in the UK to be the driest since 1964, it is likely there could be a rise in subsidence claims, according to Cunningham Lindsey.
Amlin backs new Dual division
Dual Corporate Risks has launched a property & casualty division with initial capacity to be provided by Amlin.
Markel revamps property division
Markel International has reorganised its property division in a bid to enhance the service it offers brokers and ensure better market coverage.
Willis Re promotes Byng
Willis Re has named James Byng Property Resource group leader for its International and Specialty reinsurance business.
View from the top: Stand up to EC on renewal
The law of unintended consequences dictates that on occasion some of us will suffer from the well-meant actions of others. This certainly appears to be so in the case of the Consumer Rights Directive currently being debated at the European Parliament.
KFI reaps benefit of non-motor book growth
For sale-intermediary Kwik Fit Insurance's move away from its motor heartland helped it increase pre-tax profits by 24% to £10.93m in 2009.
Quadra wins place as APC goes for panel
Start-up Quadra has landed a place on the new property loss adjusting panel of underwriting agency APC.
EA calls for flood funding
The Environment Agency is calling for communities and businesses to contribute more towards the funding of future flood defences.
Environment Agency appeals to business to support flood defences
The Environment Agency is calling for communities and businesses to contribute more towards the funding of future flood defences.
MMA ramps up micro-commercial offering
Broker-only insurer MMA is adding a series of new products to the remit of its micro underwriting team as part of a first year review.
Marsh appoints new property and casualty practice leaders
As part of its drive to grow its property, business interruption and casualty risk and insurance solutions Marsh has appointed Caroline Woolley as property practice leader, and Alain Petit-Lambotte as casualty practice leader, for Europe, the Middle East…
Law reports: Uninsurable risk means fire claim was defendable
This law report has been contributed by national law firm Berrymans Lace Mawer.