Insurer
Utley to leave IAG UK
Insurance Australia Group has announced today that Ian Foy, currently CEO of IAG’s New Zealand business, will return to the United Kingdom to become CEO of IAG’s UK business, succeeding Neil Utley.
Government to consult on how to implement Jackson Review
The coalition Government has announced a consultation on implementing the recommendations laid out in Lord Justice Jackson’s Review of Civil Litigation Costs.
ABI reveals fraudulent claims cost more than £16m a week
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers (ABI).
CII elects its 114th president
Chris Hanks, general manager of commercial insurance at Allianz, has been elected president of the Chartered Insurance Institute (CII).
FSCS has paid out over £200m in compensation
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out in compensation to over 21,000 claimants.
RSA launches online quote and buy facility for brokers
RSA has launched RSA Online, a new service which enables brokers to obtain quotes and bind a policy online.
Three arrested in cash for crash operation
Durham Constabulary’s Serious and Organised Crime Group has arrested three men as part of an ongoing major investigation into organised criminals believed to be involved in ‘crash for cash’ activities.
Head of underwriting leaves DAS
DAS Legal Expenses has confirmed the departure of Mike Timmons.
BLG scoops Halliwells' insurance partners
Barlow Lyde & Gilbert (BLG) has bolstered its insurance practice with the former Halliwells partners joining the firm in Manchester.
Employment tribunal claims soar
Figures released by the Tribunals Service show that 236,100 employment tribunal (ET) claims lodged in the year 1st April 2009 to 31st March 2010, an increase of 56% from the previous year.
Heath Lambert loses director to Argo International
Argo International has appointed James Russell as underwriter to its professional indemnity (PI) team.
Octagon extends its aggregator presence
Octagon Insurance has joined the comparethemarket.com panel.
Former Aon broking director joins QBE
QBE has appointed Maureen Robertson as commercial manager, leading its business in Scotland.
Incisive Media urges insurance industry to take up professionalism challenge
The insurance industry was challenged to embrace professionalism, and in particular to embrace the Aldermanbury Declaration at the British Insurance Awards last week.
New government: Coalition consequences
The new government has already announced the end of the Financial Services Authority and an Emergency Budget full of spending cuts and tax rises. Emmanuel Kenning looks at the implications for insurance brokers.
Former CII director Knowles returns with MMA role
Broker-only insurer MMA has announced the appointment of Peter Knowles to the new position of head of UK development.
Court throws out Quinn appeal over information disclosure
The Court of Appeal has dismissed Quinn's appeal against the decision made in Quinn Direct Insurance v The Law Society of England and Wales, which refused the insurer access to confidential documents relating to a firm of solicitors that was being…
Senior hire marks Torus' entrance into PI market
Torus Executive Risks has entered the professional lines market with the appointment of David Robinson as professional indemnity manager.
Dual in £10m alliance with Newline
Dual Corporate Risks has announced the creation of a strategic alliance with Newline Syndicate 1218 at Lloyds.
Ace appoints president
Ace UK has announced the appointment of Matthew Shaw as president, Ace Global Markets (AGM) and active underwriter for Syndicate 2488.
SMEs predict two year wait for UK economic recovery
The majority (58%) of small to medium sized enterprises (SMEs) believe there will be a two year wait before the country experiences a full economic recovery, according to research from QBE.
Chartis grows regional presence
Chartis Insurance UK has opened an underwriting office in Chelmsford as it continues to grow its regional operations in the UK.
Fortis invests in household risk offering
Fortis has invested in a new suite of computer models from technology provider Business Insight that are designed to predict the relative risk of claims for a number of insured perils across the UK.
Westfield Health launches consumer focused online offering
Westfield Health has launched Health365 in a move which it claims will shake-up the health insurance industry.