Property
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.
Household - Flood risk: Removing the safety net
In two years, the insurance industry's pact with central government to provide flood cover for at-risk properties will cease to exist. Ralph Savage reports on how insurers are planning to meet the challenge post-2013.
PCUK marks ten year relationship with UIA with new contract
The CEO of a Somerset-based consortium has spoken of his delight after it was announced that UIA Insurance will be renewing contracts with two of his group’s companies – while also adding a third.
Insurance brokers predict annual increase in policy sales
Increases in a variety of insurance policies - including motor insurance and home contents insurance - are expected over the coming year as consumers look to "safeguard their incomes".
Whitaker to take Plum MD role
Underwriting and broking group Somerville Holdings has promoted David Whitaker to the role of managing director at its specialist household subsidiary Plum Underwriting.
View from the top: The pace of change
Twenty years ago the world wide web was in its infancy. E-mail, if it was used in the insurance industry, was limited and contained within organisations. Letters and faxes dominated. We may have had second generation mobile phones but the first UK text…
Duty of care ruling overturned by appeals court
Surveyors and their insurers can "breathe a huge sigh of relief" according to lawyers, after the appeal court limited the duty of care owed to buy-to-let property investors.
Interview - Peter Winslow: Best at building
Backed by an armoury of well-known brands, BGL CEO Peter Winslow tells Lynn Rouse about pan-European aggregation, acquisitions and why there is plenty of life in meerkats yet.
Climate change - Renewable energy: The future energy landscape
With the government committed to cutting carbon emissions and improving energy efficiency, the insurance industry may play a crucial role in providing effective cover, reports Mark Potter.
Hastings eyes Aviva and Allianz in 2012 IPO push
Hastings Direct's panel of insurers has more than doubled in size since a management buyout 18 months ago, with more firms due to sign up this year, as it eyes one million policies.
ABI conference: Financial support promised for all 'worthwhile' flood defence schemes
Environment Minister Richard Benyon has promised that “every worthwhile” flood defence project will obtain some degree of financial support under the government’s new partnership funding scheme, and confirmed he will look into whether the government’s…
Hart leaves KGM as Canopius launches UK retail division
Colin Hart, chef executive of Canopius-owned KGM Motor is set to leave the group amid a restructure that sees the formation of a new UK retail division.
Valuers and insurers breathe a sigh of relief
Valuers and insurers will breathe a huge sigh of relief after the Court of Appeal limited the duty of care which a valuer owes to a buy-to-let investor, according to Browne Jacobson.
Canopius bolsters global property team
Canopius Group has promoted Derek Hansen to divisional underwriter, global property, reporting to Mike Duffy, joint active underwriter, syndicate 4444.
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Ex-Guy Carp MD joins BMS board
Former Guy Carpenter managing director Philip Campbell has joined BMS as executive vice president of its US-based operations and a member of its US strategy board.
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
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.
Beazley recruits property underwriter
Beazley has appointed Will Roscoe as an underwriter on the open market property team.
L&G boosts broker force as motor return mooted
Legal & General has revealed plans to recruit a 15-strong team of regional sales & marketing experts to support brokers and intermediaries "on the ground", as it prepares to diversify into motor, pet and travel. Duncan Finch, L&G's managing director for…
PE-backed firm targets GI with ex-Rias head
Online financial services sales and marketing firm Media Ingenuity is in discussion with insurers to support a push into the general insurance personal lines space. It follows the recruitment of the former head of commercial management at Rias and head…
Go Compare to study FSA recommendations
Go Compare has backed the Financial Services Authority's latest set of guidelines for aggregators.
Biba backs regulator's guidance for aggregators
The British Insurance Brokers' Association has welcomed the Financial Services Authority proposed guidance for comparison websites, which it said has addressed its own concerns about consumer detriment.
Airmic 2011: Firms underestimate true cost of major claims
A lack of understanding surrounding the range of uninsured costs and management time wasted means the true financial cost of major property claims are underestimated, says Heath Lambert.