News
Inflation still above Bank of England target in May
The Bank of England looks set to keep interest rates down as inflation continues to miss its target
Snowball and Towergate split
Patrick Snowball has parted company with Towergate Financial Servies as part of a restructure of the operation.
CII: CPD more than box ticking
The Chartered Insurance Institute (CII) has launched a comprehensive review of policy on continuous professional development (CPD) as part of its wider professionalism agenda to raise standards and build trust across the sector.
Dual growth leads to relocation
Dual Corporate Risks has relocated its Manchester office into bigger premises while also announcing the addition of Ross Griffin to the Manchester team as D&O Underwriter.
TLSS appoints advisory board
Total Loss Settlement Services (TLSS) has created an advisory board, made up of insurance professionals from a variety of sectors within the industry.
KGM focuses on fraud
KGM Motor Insurance has appointed a fraud manager to streamline financial crime management processes across the business.
Allianz secures Lloyds TSB deal
Allianz Commercial has secured a multiyear partnership with Lloyds Banking Group to provide insurance solutions to Lloyds TSB (LTSB) and Bank of Scotland's (BOS) 850,000 small business customers.
THB's SPR launches complex exposures service
Engineering risk consultancy Specialists in the Protection of Risks (SPR) have launched a range of new services for brokers, insurers and reinsurers to help improve their understanding of complex exposures.
Consumers see no value in expensive motor policies
The vast majority (89%) of British consumers do not believe that paying more for their car insurance results in the delivery of a better product or service from their insurance provider according to a market survey conducted by Datamonitor.
Broker Assistance moves up another gear
Broker Assistance the specialist motor claims outsourcing company, based in Cheshire, have just moved into a new, purpose built office complex in Warrington
150 more new roles at Hastings Direct
Shortly after announcing the recruitment of 150 staff across the business, Hastings Direct has announced the recruitment of a further 150 new staff across the organisation, further bucking trends in the current climate.
LAM lose appeal hearing
London Authorities Mutual will cease underwriting activities today and go into run-off, pending any fresh legislation, following defeat in Appeal Court this morning.
Insurance executives optimistic of growth
Insurance executives are cautiously optimistic about the next 12 months, with many expecting to experience growth, according to a recent survey by KPMG International and the Economist Intelligence Unit.
Alphatec software - Timebox competition
Understanding the true cost of doing business is important for brokers at a time when every company is focused on its bottom line. A growing number of brokers are finding that concentrating on managing and analysing their staff's time can mean a more…
New training consultancy service launched
Searchlight Insurance Training has launched a new Training Needs Analysis (TNA) service.
Police and insurers given new ammunition in auto theft
A new partnership between stolen vehicle recovery firm Tracker and the police could help insurance companies save thousands of pounds.
RFIB sheds retail operation
International insurance broker RFIB Holdings Limitedhas has sold its UK retail intermediary, Bridle Insurance Brokers to CFN Insurance Services for an undisclosed sum.
QBE poaches COO from Brit
QBE has appointed Kathy Lisson from Brit Insurance as its new chief operating officer (COO).
ABI warns regulators over 'one size fits all' approach
Regulators and governments must not harm other industries such as insurance, as they deal with the banking crisis, the Association of British Insurers (ABI) has warned.
Brit designates new north-west development manager
Brit Insurance has hired Axa area manager Keith Commander as its business development manger for the North-west region.
KGM aims to enhance claims capabilities
KGM Motor Insurance will aim to expand its twin-centre in-house claims department. The jobs are being created as part of KGM's growth strategy in which it is targeting a GWP in excess of £100m by 2011.
Zero-settlement household claims rises to over 50%
The rate of suspicious household claims with zero settlements increased in the first quarter of 2009 to 53% overall on the amount of claims over the previous quarter, according to Innovation Group's statistics.