News
Quinn urges reopening of UK business
In a statement, the insurer said it is "pleased" with the decision to adjourn its administration hearing.
Quinn administration hearing postponed
The full hearing of the Financial Regulator's action to put Quinn Insurance into full administration has been postponed.
Ace launches environmental offering
Ace UK has today launched its new Environmental Protect policy offering coverage for both small to medium sized companies and multinational operations.
XL targets Irish mid-market
XL Insurance, the global insurance operations of XL Capital, today announced the launch of its new Dublin based underwriting operation for middle market casualty business.
THB expands London Market team
THB’s specialist Lloyd’s broking arm, Thompson Heath & Bond, has expanded its THB London Market team.
Sterling hires new commercial underwriting chief from Axa
Sterling Insurance Company has appointed Kevin Donoghue to a newly created position, head of commercial underwriting.
Coversure and Lorega join forces to launch commercial claims service
Coversure Insurance Services and loss recovery insurance specialist Lorega have launched Coversure Commercial Concierge, a new commercial claims service for Coversure clients.
Arista targets Midlands growth
Commercial lines underwriting specialist Arista Insurance has hired Gavin Benson as senior underwriter and will be based at Arista's Birmingham office.
RFIB raids Willis for director
RFIB Group, the international Lloyd’s insurance and reinsurance broker, has announced the appointment of Karl Haynes as director of international claims.
Biba publishes liability guidance for brokers
The British Insurance Brokers’ Association (Biba) has launched a new publication that aims to clarify the issue of limitation of liability for brokers when advising clients.
Trade credit insurers paid out £320m in claims in 2009
Trade credit insurance helped UK businesses by dealing with 22,791 claims in 2009, according to figures from the Association of British Insurers (ABI).
RSA and Axa named as potential bidders for Quinn, according to reports
Dutch insurance giant Eureko, RSA and Axa have been named among the 20 or so predators circling the Quinn Insurance group, according to reports in Ireland.
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.