E-Trading
Broker supports Euro-wide campaign
Risk broker Alliance Corporate Risk Management has thrown its support behind a Europe wide bid to improve risk assessment and injury prevention in the workplace.
New online Risk Library for IRM members
Institute of Risk Management (IRM) members around the world now have a new online Risk Library as part of their membership benefits when they renew. IRM chief executive, Steve Fowler, said, “We are delighted to offer this unique new benefit to our…
Defaqto comments on ABI’s calls for more flood prevention
Defaqto’s Brian Brown, head of insight, commented on the ABI’s calls to reduce flooding. “It is no surprise that the widespread flooding of summer 2007 is having an impact on the home insurance market," he said.
Consumers to reduce insurance cover as credit crunch hits home says Deloitte
Retailers and restaurants may not be the only ones to feel the effects of reduced household spending following the credit crunch. Research by YouGov for Deloitte, the business advisory firm, has found that 26% of consumers who buy insurance from a price…
One year on from last year’s floods and homeowners need to be prepared
One year on from the floods that devastated many parts of the country, Sir Michael Pitt has highlighted the need for homeowners to take responsibility for their homes and protect their families from flood risk. Following the events which saw 44,600 homes…
Fish re-brands as expansion plans gather pace
Fish Insurance has completed a major overhaul of its corporate identity as part of ambitious expansion plans which are set to see leading disability and independent living insurance specialist treble in size within the next three years.
QuestGates launches specialist building validation service
Specialist loss adjuster, Questgate has launched a new division, specifically for building validation service.
Jardine Lloyd Thompson acquires Harman Wicks & Swayne
Jardine Lloyd Thompson (JLT) has acquired HWS Holdings (HWS), with its two Lloyd’s Broker subsidiaries Harman Wicks and Swayne Limited, the London based Reinsurance Broker and Harman Wicks & Swayne International, a wholesale provider of SME insurance…
BPO on insurer's agenda says Datamonitor
Insurers in Europe and the US are increasingly considering policy administration business process outsourcing (BPO), says a new report by independent market analyst Datamonitor.
Environment Agency reports 12 months on since the summer floods
Nearly 12 months on since unprecedented rainfall led to widespread flooding in England and parts of Wales, the Environment Agency has completed 34 flood defences to increase protection to more than 30,000 homes and signed up 73,000 more people to its…
Not switching home insurance cost Brits £26m last year
Research published today by Tescocompare.com has revealed that almost two thirds (64%) of Brits stayed with their existing home and contents insurance provider at their last renewal. This is despite almost half (44%) seeing a price increase and a massive…
Business as usual despite credit crunch says Focus Solutions’ survey
44% of financial services institutions said that it was business as usual and that the current economic climate has had no effect on their business, according to a survey conducted by Focus Solutions at their focus:360° launch event and industry briefing…
Defaqto response to the CC Provisional Findings Report
Defaqto has welcomed the publication by the Competition Commission of its provisional findings in its inquiry into the Payment Protection Insurance market.
Zurich to cut general insurance workforce by up to 900
Zurich has announced that up to 900 people could be made redundant as part of a “significant re-shaping of the company”, putting one sixth of the insurer’s UK general insurance workforce at risk.
Take PPI away from credit providers says British Insurance
The Competition Commission’s latest Report recommending measures to prevent consumers being ripped off by lenders selling Payment Protection Insurance is lightweight and will not protect against exploitation, said Simon Burgess from independent PPI…
'You reap what you sow' say moneysupermarket.com on CC proposals
Commenting on the Competition Commission's findings into PPI, Stuart Glendinning, managing director of price comparison site, moneysupermarket.com, said: “You reap what you sow. The prospect of preventing lenders selling PPI at the point of sale is an…
Brits underestimating home contents insurance, says Legal & General
Legal & General recently surveyed over 4,000 people as part of the Changing Face of British Homes research which revealed that 15% of Brits have no idea how much it would cost to replace the contents of their home.
Travel insurers discriminate against 15% of UK population says Karma Insurance
Travel insurers are openly discriminating against the 9 million UK sufferers of Diabetes, Epilepsy, Asthma, Multiple Sclerosis, Parkinson’s, Motor Neurone and Dementia, claims Brian Wright, Managing Director of karmainsurance.com
Europ Assistance survey reveals European holiday trends
According to the research British travellers spend more money on holidays, holiday more often, use the Internet more for booking their next holiday, and are the least worried about the risk of terrorism. Findings include:
Fraud prevention low priority for Private UK firms
Just 37% of private UK companies employ specialists to detect fraud, compared with a global average of 45% and 59%in the US, according to new research released as part of Grant Thornton's annual International Business Report.
Environment - Call to action - Industry climate policies struggle
As, environmental concerns seemingly remain low on the industry agenda, Andrew Tjaardstra asks how ClimateWise is trying to change perceptions to instigate positive action
Underwriters must be adaptable
Managing the cycle and maintaining underwriting discipline remains critical to the long-term health ...
Appointment at Glacier Insurance
Glacier Insurance has appointed Morten Pahle as a senior underwriter (space) based at its London off...
Notification provisions - Validate and be damned
Any confusion that existed over notification provisions was eradicated by two recent High Court cases. Julian Miller and Parminder Badhan explain the minutae