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GHLIS pledges full cycle EDI private motor product
Personal lines insurer GHL Insurance Services, the appointed UK service provider to Gibraltar-based ...
PwC voices support for Solvency II directive
The European Commission's drive for a single European market for insurance is being openly supported...
Axa accused of undermining brokers
Axa are the latest insurer to stand accused of undermining the broker channel with mailings that suggest that a client could save time by going direct.
Green light for policy transfer between BUPA and Quinn Direct
More than 400,000 individuals with health insurance were the winners of a case heard in the High Court today which gave the green light to the transferral of policies between BUPA Insurance to Quinn Direct, according to leading business and financial…
Navigators & General extends flood cover
In response to the recent flooding across the UK, pleasurecraft insurers Navigators & General is offering a free extension of cover which will allow flood victims to use their boats for residential use, and extend personal effects cover by £5,000 for up…
Oxygen recruits three senior PI brokers
Oxygen Insurance Brokers has recruited three senior and high profile Professional Indemnity (PI) brokers as part of its strategy to grow its financial lines business.
RMS predicts total flood losses of £3.25bn
The June and July floods that gripped parts of the U.K. could cost insurers between £2.25bn and £3.25bn in total, according to latest estimates by Risk Management Solutions (RMS).
Law firm issues flood clean up warning
Flood-affected companies whose staff get involved in cleaning up their business premises must consider very carefully all the potential health and safety risks before any work begins, even if this means slowing down the process, law firm Reynolds Porter…
Law firm issues flood clean up warning
Flood-affected companies whose staff get involved in cleaning-up their business premises must consider very carefully all the potential health and safety risks before any work begins, even if this means slowing down the process, City law firm Reynolds…
Cobra makes post-AIM acquisition
Cobra Holdings, has acquired the share capital of West Byfleet commercial broker, Tubbs Insurance Services.
Fortis expands broker support team by 50%
Fortis is set to increase the size of its broker team by 50% over the coming months.
Landmark Act on corporate manslaughter approved
Companies whose gross negligence leads to the death of individuals will now face prosecution for manslaughter under tough new legislation approved today.
Discrimination tribunal costs on the up
Tribunal costs for UK Small to medium-sized enterprises are rapidly increasing as staff discrimination cases have rocketed and, with new age discrimination laws now in force, many will be expecting to see further increases during the second half of 2007.
Open GI reports slight profit increase
Open International, the holding company for Open GI, the Countrywide network, and London market technology provider, Mi Limited, has announced further growth in revenues and profits for the year ended 31 May 2007.
Brit receives A+ Fitch rating
Brit Insurance Holdings has announced that Fitch Ratings has affirmed Brit Insurance Limited’s Insurer Financial Strength Rating at ‘A+’.
Insurers could cut flood cover warns Aon
Insurers could remove flood cover in more areas of the UK if the government does not start investing in adequate flood defences rapidly, Aon has warned.
QBE fails to buyout Syndicate 386 Names
QBE confirmed today that it had withdrawn a proposed offer to buyout the remaining Names that participate on its specialist liability Syndicate 386, managed at Lloyd's under the Limit brand within QBE European Operations. The external minority comprises…
Markel upgraded to A rating by A.M. Best
Markel International Insurance Company (MIIC) has been upgraded to an ‘A’ rating by A.M. Best, with a positive outlook assessment.
Fitch predicts flood costs could exceed £3bn
Fitch Ratings has said that the total cost to insurers of recent flooding in the UK could exceed £3bn. However, Fitch expects the flooding to have a limited rating impact on UK insurers.
Brit restructures in bid for profitable growth
Brit Insurance Holdings, the UK-domiciled international general insurer and reinsurer, has announced a group restructure as it continues its strategy of profitable growth.
Broker launches web-based quote facility for the construction industry
PWS Holdings, the independent international reinsurance broker, has launched an Internet-based facility to offer insurance brokers real-time insurance quotations on-line for construction industry-related insurance.
Standard and Poor's increase Allianz rating
The ratings of Allianz Insurance and Allianz SE have been raised by Standard and Poor's to AA- and AA respectively, both with a stable outlook.
Unitas appoint chairman of new underwriting agency
Unitas, the alliance of leading UK Independent Insurance Brokers, has appointed Mark Boucher chairman of the recently-announced Underwriting Agency Company. Mark was, until recently, chief executive officer of Endurance Worldwide Insurance.
Outright takes steps to secure customer data
OutRight, one of the UK’s leading affinity phone and internet insurance brokerages has implemented a ban on non-essential mobile phones and other electronic storage devices (such as USB drives and iPods) in its call centre to further secure its customer…