Property
Evander MBO opens new client stream up
Insurance services provider Evander believes that its recent management buyout has opened up a significant new potential client stream for it.
Aviva revealed as insurer of City fire complex
Aviva has confirmed it is the insurer for the four-storey complex in Tabernacle Street in the City of London destroyed by a fire that broke out in the early hours of 11 March.
Hancox steps down as Evander MD
Evander Validation Services managing director Simon Hancox has resigned from his role at the property repair company to be replaced by operations director Colin Jones.
Folding plug wins Brit design award
British student, Min-Kyu Choi from London, has won the Brit insurance design of the year 2010, for his reinterpretation of the plug, beating over 90 international nominees in the process.
Transactor new provider for Cornish Mutual
Transactor Global Solutions is the new provider for south west based insurer, Cornish Mutual, with a complete system replacement scheduled to go live in September 2010.
Extending the definition of "too big to fail" could have severe consequences
The definition, which is currently being discussed in the US senate, could have severe consequences for the insurance industry according to Scott Harringdon, professor at the Wharton School.
LIU Europe expands into Birmingham
Liberty International Underwriters Europe has expanded its regional operation into Birmingham with the appointment of Dave Canning as regional senior underwriter.
Plum aims to double new business
Plum Underwriting has outlined its intention to double new business and grow its agency base in 2010.
Home & Legacy joins Keychoice
Home & Legacy has become the latest insurance provider to join the household panel of Keychoice network.
Marsh looks to Scottish law firm for real estate head
Candice Sammeroff who has 10 years' experience in the legal sector, joins Marsh from MacRoberts Solicitors in Glasgow.
SBJ Global Risks completes re-branding
Formerly trading as SBJ Global Risks, Lonmar Global Risks was launched yesterday as a new independent broking organisation operating globally from its London Base.
Aviva unveils broker claims guides
Aviva has launched a series on online guides for brokers outlining the details of their claims process.
Hannover Re posts substantial profit growth
Hannover Re closed 2009 by generating an operating profit in excess of one billion euros for the first time.
Building Repairs - energy efficiency: It's not easy being green
Planning requirements focused on energy efficiency are increasingly affecting property owners nationwide. Matthew Gordon reports on the pros and cons for property owners.
Fire Risks - Timber Frame: The burning issue
Timber frame construction has seen a massive resurgence in the past couple of years. Stefan Bramwell and Chris Dee look at the benefits and the risks involved.
Anxiety over fire engineering
Insurers were among the most heavily criticised groups in a recent interview-based survey on attitudes towards fire-engineered building solutions.
UKTFA members threatened with ejection
Members of the UK Timber Frame Association not signed up to its Site Safe initiative will be ejected from the body, while the "ultimate sanction" against principal contractors flouting the new process will be for members to stop work.
Hardy sees profits rocket before exchange
Bermuda-domiciled insurer Hardy has reported a steep increase in profit before tax and foreign exchange movements of £26.7m (2008: £4.4m), in contrast to a slight dip in profit before tax of £20.1m (2008: £23.1m). The combined ratio before foreign…
LV to recruit another 75 staff
LV's new 24-hour call centre for motor insurance customers in Hudddersfield may be expanded to household during 2010. The insurer hopes to create up to 75 jobs over the next 18 months following the opening.
Glacier reports $34m growth in net income
Glacier has reported net income for 2009 up to $60m and a total gross written premium decline pf 17% from 2008.
PartnerRe Chile quake claims could reach $320m
PartnerRe has said it expects initial claims worth $220m-$320m, on a pretax basis, related to the recent devastating earthquake in Chile.
Alterra names new executives
Alterra, the new name for the newly-combined entities of Bermudian reinsurance rivals Harbor Point and Max Capital, has named its executives.
RSA warns manufacturers over rising order risks
Insurer RSA has warned manufacturers of the risk of a sudden surge in large and untypical orders as the sector’s fortunes improve.
Max ratings won't be affected by Harbor Point merger, say Fitch
Max Capital's announcement that it is merging with Bermudian rival Harbor Point is unlikely to affect its ratings, Fitch has said.