News
FSA powers boosted
The Financial Services Bill, which received Royal Assent on 8 April, gives the Financial Services Authority (FSA) new powers and duties, according to law firm Lovells.
Flood Bill gains Royal Assent
The Flood and Water Management Bill has gained Royal Assent after passing through the House of Commons and House of Lords earlier this week.
Overseas terrorism compensation scheme given seal of approval
A scheme to compensate British citizens injured by terrorist attacks outside the UK has received Royal Assent.
TEn Insurance Services boosts board
TEn Insurance Services, the network for start-up commercial brokers, has announced that John Rusby has joined its board of directors.
Lonmar raids HSBC Insurance Brokers for A&H chiefs
Lonmar Global Risks, the Lloyd’s and international insurance broker has announced that David Gray and Simon Henderson will be joining the company to lead the accident and health (A&H) division.
Jubilee hires former Oval underwriter
Jubilee Managing Agency has appointed Steve Green as accident and health (A&H) underwriter at Jubilee Syndicate 5820
Quinn still banned from UK trading, dossier handed to Irish regulator
Sean Quinn has said the insurer is going to lose money in April after a profitable March
DAS to launch revised ATE scheme
The after-the-event (ATE) trading division of DAS, 80e, has unveiled the latest version of its scheme Justice Solutions.
Aggregator market set to shrink, claims Beachcroft
According to solicitors Beachcroft, the aggregator market will either dissolve or consolidate within three years and consumers will have the choice of only a "handful of aggregators".
One Group to expand into medically-impaired travel sector
One Group has announced the expansion of its business into the medically-impaired sector.
New broker claims software to be launched
Whitespace Software is launching a new web-based claims management package aimed specifically at insurance brokers.
Groupama enhances SME risk management solution
Groupama Insurances has appointed risk management survey provider, Risk Stop to provide commercial policyholders with an end-to-end risk management solution.
Oxygen creates affinity unit
Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings, has announced the appointment of former Howden divisional director Steve Johnson as head of affinity.
APC raids NIG for senior underwriter
Commercial insurance underwriting agency APC has hired Chris Page as senior underwriter.
Technology: All aboard the IT express
Emmanuel Kenning looks at PowerPlace's efforts to move the broker market towards a growing technological presence in commercial lines
Arc adds car cloning cover
Arc Legal Assistance has developed cover for vehicle ID theft, which is available as part of its Motor Legal Protection (MLP) offering, in response to concerns over the impact of ‘car cloning’.
Lanes Assistance Services in MBO
Gresham, the UK mid market private equity specialist, has completed an investment of £12.3m in Lanes Assistance Services (LAS).
PB Week: The row over National Insurance
Darling and Osborne have differing views and want your vote
IGI opens IRIS portal
IGI Insurance has launched its new online broker portal, IRIS
Ace adds to trade credit team
Stuart James has been appointed head of trade credit, based in London, with effect from 1 June 2010.
Heath Lambert appointed as broker on multi-million Transport Scotland project
Heath Lambert’s specialist project risks team has been appointed as the insurance advisor for Transport Scotland’s Borders Railway Project.
Charles Taylor appoints new board of directors
A new board of directors has been appointed at Charles Taylor Insurance Services (CTIS) as the latest stage of the development of the business.
Chubb warns new fit note will not create "duty of care"
The insurer said the new Government scheme could potentially raise some questions with regards to employer’s insurance liability in the event of a claim from an employee
Thousands flock to Quinn protest rally
About 6,000 protestors have turned out in support of Quinn Insurance workers at events in Dublin and Cavan.