Insurer
Aspen achieves chartered status
Aspen Risk Management has been awarded corporate Chartered Insurers status by the Chartered Insurance Institute.
Household market predicted to strengthen
Home insurance premiums could rise by up to 10% in 2012 according to Deloitte.
Hoban calls on insurance industry to face long term challenges
Mark Hoban MP has warned that the insurance industry must be careful to avoid becoming “absorbed by the short term challenges” it faces and be more aware of the long term difficulties.
Elite in solicitors’ PI U-turn
Elite Insurance has confirmed that it will re-enter the solicitors’ professional indemnity (PI) insurance market in 2012.
Hyperion launches takeover bid for Lloyd's broker
Hyperion has entered into talks with Lloyd's broker Windsor regarding a potential offer.
Markel International makes brace of underwriting hires
Markel International has made two new underwriting appointments to its MGA division.
New account executive for Jelf Manson
Jelf Manson has appointed Alastair Teague as account executive.
Covéa exerts control over UK arm with merger and rebrand
French-owned insurer MMA is to be rebranded as Covéa as part of a merger with Provident Insurance.
Brokers urged to respond to FSA consultation on PPI
Brokers have been urged to respond to the joint investigation into payment protection products by the Office of Fair Trading and Financial Services Authority (FSA) and respond accordingly.
Brokers' profitability predicted to fall
Brokers saw a strong decline in business at the end of 2011 and face further reductions in profitability at the start of 2012 according to a new report.
Liberty Syndicates appoints new risk chief
Liberty Syndicates has appointed Dan Wilkinson as head of risk management.
LV unveils new commercial distribution chief
LV Broker has promoted Kevan Aubrey to head of commercial distribution and Mark Campbell to head of key commercial accounts.
CFC launches policy for the cloud
CFC Underwriting has launched a new cyber liability policy for firms using cloud computing services.
FOS proposes changes to case fee structure
The Financial Ombudsman Service (FOS) has launched a consultation aimed at changing its case fee structure.
FOS to introduce £350 PPI surcharge
The Financial Ombudsman Service (FOS) has revealed plans to introduce a supplementary case fee of £350 from April 2012 for firms that have more than 25 payment protection insurance (PPI) complaints.
Cameron's attack on H&S culture challenged by legal sector
David Cameron has vowed to “wage war” against the health and safety culture in Britain.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Axa loses London sales chief
Axa Commercial Lines' head of sales for London, Jamie Lewis, has resigned from the company, although a spokeswoman for the insurer would not confirm when he had done so.
Household rates will continue to rise says PwC
Accounting firm PwC has warned that the recent winter storms could push household premiums up this year.
Consumer champion slams travel insurers
An investigation by Which? has revealed that nearly one third of its members who told their travel insurance provider about a medical condition after taking out a policy had to pay a higher premium or had their cover removed.
Axa warns of home insurance claims surge
Home insurance claims are set to rise in the coming year due to the increased number of events taking place this summer, according to research conducted by Axa Personal Lines.
New power and utilities underwriting vehicle launched
Ascot Underwriting has formed a technical underwriting vehicle for the power and utilities industry.
Equity dodges £1m fine as it receives censure from Lloyd's
Equity Syndicate Management, the managing agent of Syndicate 218, has been censured by the Lloyd’s Enforcement Board regarding deficiencies in its reserving that saw the Lloyd’s player require a £311m injection from parent company Insurance Australia…
Hastings boss to face Lloyd’s disciplinary board
Neil Utley, chairman of Hastings Direct, will face Lloyd’s enforcement board later in January over his time as boss at Equity Red Star.