News
Immediate action needed to address conflicts of interest law
British businesses need to move more quickly to ensure they comply with new laws governing directors’ conflicts of interest, UK law firm Dundas & Wilson has warned.
Insurance Age on-air news review
Insurance Age news editor Sarah Hills provides a run down of the major news stories from the week - watch it now
Pallett and Crisp leave Fusion
Towergate executive chairman, Peter Cullum, confirmed today that Kevin Pallett and Geoff Crisp have left Fusion Insurance Services.
FSCS contains costs, according to annual report
The Financial Services Compensation Scheme (FSCS) improved its service to consumers while cutting its costs during 2007/08, according to its annual report out today.
Home insurance websites are the best in the industry says survey
New research has found that the majority of consumers go online to research and buy financial services products. Global Reviews, the customer experience benchmarking company, asked thousands of consumers what they are looking for online from credit card,…
Kiln debate predicts shortage of loss adjusters
Insurance market professionals estimate that within ten years there will be a serious shortage of loss adjusters worldwide if the industry does not act soon according to a debate hosted by Kiln.
Aon comment on ‘toothless’ MoJ personal injury reforms
Comment by John Bell, head of claims at Aon Risk Services, on the Government's response to the consultation on case track limits and the claims process for personal injury claims.
MoJ decision means faster claims process says law firm
After a year of contemplation, the Ministry of Justice has finally published its response to the consultation on revisions to personal injury claims. The changes affect all personal injury litigation, uninsured loss recovery claims, credit hire and most…
Group chief executive appointed for Provident Insurance and Car Care Plan.
GMAC Insurance has promoted Tim Heavisides to group chief executive, Car Care Plan Holdings and Provident Insurance.
Allianz reaction to MoJ response
Allianz said they are disappointed with MOJ response. Roy Hebburn, divisional claims manager (technical) said: “The Ministry of Justice (MoJ) response to the consultation is deeply disappointing. It is difficult to conclude that the outcome is anything…
Government PI reforms ‘too limited’ says Browne Jacobson
The Government has published its long awaited proposal for reform of case track limits and claims process for Personal Injury (PI) claims. The response includes radical changes to procedure in relation to Road Traffic Accident (RTA) claims worth under …
DAS welcomes MoJ report on personal injury claims reforms
DAS Legal Expenses Insurance Company (DAS) has embraced the response from the Ministry of Justice (MoJ) to the consultation on case track limits and the reform of the personal injury claims process.
Countrywide confirms new MD
Network Countrywide has appointed Nick Haycock as managing director, as revealed by Insurance Age at the beginning of the month.
Over £700m needed to address flood issues across UK says Axa
Axa has called for clear accountability and increased investment to deal specifically with drainage problems that cause flooding, along with a larger financial commitment from central and local government to address infrastructure issues.
Sagicor Underwriting re-vamps website
Sagicor Underwriting, formerly Byrne and Stacey Underwriting (BSU), has rebranded and re-launched its website for the broker market.
Towergate launches personal financial advisory model
Towergate Financial, a new financial advisory business launched under the Towergate brand, has raised over £100m to pursue its plans to acquire regional IFAs. Funding for the deal has largely been provided by The Royal Bank of Scotland, Lloyds TSB…
Insurance Age on-air news review
Insurance Age news editor Sarah Hills provides a run down of the major news stories from the week - watch it now
More Than selects Junction for motor insurance
Junction, the BGL Group’s affinity partnerships arm, today announced a new relationship to enhance More Than’s motor insurance offering.
Insurers’ IT strategies are not 'green' says Datamonitor
The insurance industry, perhaps more than any other sector, has the most to lose - and gain - from global climate change. In spite of this, a recent survey by independent market analysis firm Datamonitor, ‘Business Trends: Global Insurance Technology…
Peter Hubbard takes on role of vice president at CII
The CII Group has elected its new line-up of officers for the 2008-2009 Institute year at the Annual General Meeting.
Provident MD to head up BGL's personal lines division
The BGL Group has appointed Mark Collier as managing director of Frontline - BGL's personal lines division - Insurance Age can reveal.
Companies urged to protect bottom line with risk management
Workplace injury and illness is wreaking enormous harm in British industry and millions of people are counting the cost, according to risk broker, Alliance Corporate Risk Management.