News
LMA elects chairman
Barnabas Hurst-Bannister, chairman of Travelers Syndicate Management, has been elected chairman of the Lloyd’s Market Association (LMA).
ABI urges football fans to choose correct travel cover for World Cup
With less than a month to go until kick off, the Association of British Insurers (ABI) is reminding the 20,000 English fans planning their trips to the World Cup in South Africa to ensure that they have the right travel insurance in place.
Wealthy households lack insurance cover
UK home homers are pre-occupied with price rather than cover, with wealthy households most likely to lack the appropriate coverage, according to Datamonitor.
FSSC appoints chief executive
The Financial Services Skills Council (FSSC) has announced the appointment of Liz Field as chief executive, after it was required to recruit for a permanent chief executive following the renewal of its licence in March.
Arista reports £1.5m operating loss for 2009
Charles Earle, Arista Insurance chief executive, said the 2009 figures were in line ambitions to make a "consistent trading profit" during year three of trading.
PB Week: Aviva's latest appointment gets personal
As the recently-appointed head of broker personal lines, one of the most common questions I am asked is why we are investing in the broker market when some are speculating that personal lines via brokers is dead, writes Sam Hudson, head of broker…
BVCA branches into insurance
The British Private Equity and Venture Capital Association (BVCA) has launched BVCA Insurance Services.
Tim Breedon to become ABI chairman
The Association of British Insurers has confirmed that Tim Breedon, group chief executive of Legal & General, has been nominated to become its next chairman.
Lloyd's counts cost of Chile earthquake and Deepwater Horizon explosion
Lloyd’s announced today that it estimates its net claims before tax from the earthquake in Chile to be in the order of $1.4bn.
Total Objects appoints Colville Wood as managing director
Software provider to the London and global insurance markets, Total Objects, has announced the appointment of Colville Wood as managing director.
Giles makes Midlands acquisition
Giles Insurance Brokers has announced the acquisition of the retail broking division of James Hampden Insurance Brokers.
Aviva broker chief Brigid Murphy to quit
Aviva has today announced that Brigid Murphy, director of regional brokers for the UK general insurance business, is to leave her role in June.
Heath Lambert merges two divisions
Heath Lambert is merging its commercial affinity and small business division (CASB) into its personal lines division, Heath Lambert Insurance Services.
Allianz Commercial joins PowerPlace panel
Allianz’s commercial combined product for SME business will be available on PowerPlace later this year.
NIG in regional underwriting recruitment drive
RBS owned insurer recruits underwriters from four rivals to boost its regional presence
Europ Assistance announces rise in turnover and profits
Europ Assistance Group has announced a 6.6% rise in turnover in 2009 to €1.288bn (up 7.6% in constant euros) despite the economic crisis hitting its two traditional markets of automotive and travel.
Osborne and Laws announce spending cuts for 2010/11
The coalition has set out bold plans to cut £6.243bn for existing fiscal year, in a move that has prompted Clegg to defend a manifesto u-turn citing the Greek debt crisis.
Cunningham Lindsey loss team claims to save insurers millions
£21m of suspect claims are under scrutiny by the loss adjusting firm's investigation unit
More chaos in the skies as BA strikes start
Since midnight British Airways' cabin crew have been on a strike set to last five days.
Aviva attempts to close the ash gap with new volcano add on
Insurer charges more for covering ash cloud or similar travel disruptions with an add-on to its travel policies.
Video: Industry leaders' views of the Lib-Con government
Liz McMahon talks to key industry figures at the recent Biba conference to garner opinion on the new coalition Government and the impact it may have on the insurance industry.
Liverpool's oldest broker expands with hires from rival firm
New city office and staff for Butterworth Spengler as it sees "rapid growth". Three staff join from Oval . . .
Towergate and Allianz link up over employment legislation
Allianz Legal Protection and Towergate Risk Solutions Milton Keynes want to give more access to legal advice over employers' responsibilities.
US insurer expresses Quinn interest
US insurance giant Liberty Mutual has reportedly contacted the administrators of Quinn Insurance to express an interest in taking over the company.