Insurer
Emergency Budget 2010: PMI costs set to soar due to IPT rise, claims Healix
Healix has warned that the increase in insurance premium tax (IPT) will result in even higher costs for employers offering private medical insurance (PMI) or health cash plans to their staff.
Quinn model "deeply troubled" claims regulator
A senior official at the Irish Financial Regulator has described Quinn Insurance's business model as "deeply troubled", according to reports.
LV Broker appoints new regional manager
LV Broker has promoted Mark Hands to regional manager for the North of England and Scotland.
Emergency Budget 2010: IPT rise will not impact on rate hikes says Bluefin boss
Stuart Reid, chief executive, Bluefin Insurance Services, said the IPT standard rate increase announced by as part of the emergency Budget would be welcomed by many.
Video: will Axa pull out of the UK?
Head of corporate development at the CII, Alasdair Stewart and Incisive Media’s, David Worsfold, join Martin Friel, Insurance Age editor to discuss the big industry news stories of this month.
Emergency Budget 2010: IPT to rise
Chancellor George Osborne has announced that insurance premium tax (IPT) will rise from 5% to 6% while the higher rate of 17.5% will increase to 20%.
Allianz Commercial to boost productivity by 10%
Following a successful trial, Allianz Commercial has said it would take advantage of a bespoke solution from systems integrator LAN2LAN in a bid to create new efficiencies across the company’s risk assessment business.
Allianz launches household comparison tool
Allianz Insurance has launched an online comparison service for brokers on its e-broker website using the latest independent Defaqto Compare comparison tool.
DAS confirms growth and Canadian launch
DAS has announced it is on target to achieve record growth during 2010 with annual premium income leaping by £19 million during the first five months of the year.
Alpha Underwriting launched
Alpha Underwriting has announced the launch of its accident, health and travel sector offering to handle corporate travel and personal accident cover utilising underwriting capacity from Lloyd’s of London.
Aviva hires corporate risk chief from Mitsui
Aviva has announced that Dipak Warren will be joining them as corporate risk solutions director.
CII outlines new London Market qualification
The Chartered Insurance Institute has outlined its new award in London Market Insurance to be launched in July.
High Court personal injury disputes jump 32% in two years
The number of personal injury claims continues to surge despite reforms to regulate claims handling companies according to statistics obtained by Sweet & Maxwell.
Aviva revamps commercial offering
Aviva claims to have improved its commercial policy documentation to extend the cover and make it more broker and customer-friendly.
Aviva reports 50% increase in motorcycle claims
Aviva has revealed that since 2005 it has seen a 57% increase in the number of bodily injury claims made against motorcyclists. The insurer has also seen motorcycle claims costs increase by 51% in the same period, and its statistics indicate that this is…
QBE raids RBSI for property claims chief
QBE has announced the appointment of Julian Millar as head of claims in its property division.
Ecclesiastical absorbs partner insurer
Ansvar, the specialty insurer bought by Ecclesiastical Insurance in 1998, is to be absorbed into the larger group.
Markel relocates Scottish office
Markel (UK) Limited, the retail division of Markel International, the specialty property and casualty insurer, has relocated its office in Scotland to Glasgow.
Four promotions at Canopius
Canopius has announced a number of promotions following a review of its senior management organisation at its Lloyd's platform, Canopius Managing Agents.
Fusion founders Pallett and Crisp join Aspen
Aspen Insurance UK, a subsidiary of Aspen Insurance Holdings, has announced the appointment of Kevin Pallett and Geoff Crisp to launch a range of new insurance and risk management products for selected brokers and their clients in the UK market.
RSA's Devitt to depart UK business
RSA’s sales and strategic relationship director Aaron Devitt is to leave the UK business after taking an internal promotion in Copenhagen.
AMII warns Government off IPT increase
Any rise in insurance premium tax (IPT) will severely hit an NHS already under pressure, according to the Association of Medical Insurance Intermediaries (AMII).
Argo moves into entertainment with Mitsui appointment
Argo International, the specialist Lloyd's insurer and subsidiary of Argo Group International Holdings, has expanded its specialist portfolio with the addition of entertainment to its underwriting business.
Axa appoints former Allianz man as property chief
Axa Insurance has appointed Tony Hutchins as its new head of property insurance. Mr Hutchins has joined from Allianz Commercial where he was UK head of property and risk control.