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Equity and Cunningham Lindsey in claims partnership
Equity Red Star’s home insurance division has paired up with Cunningham Lindsey UK to form a dedicated claims team.
Equity dodges £1m fine as it receives censure from Lloyd's
Equity Syndicate Management, the managing agent of Syndicate 218, has been censured by the Lloyd’s Enforcement Board regarding deficiencies in its reserving that saw the Lloyd’s player require a £311m injection from parent company Insurance Australia…
Hastings boss to face Lloyd’s disciplinary board
Neil Utley, chairman of Hastings Direct, will face Lloyd’s enforcement board later in January over his time as boss at Equity Red Star.
Equity Red Star appoints new motor fleet underwriter
Equity Red Star has appointed Andrew Dodd as motor fleet class underwriter.
Equity Direct Broking gets rebrand
IAG UK has repositioned its specialist affinity division and given it the new trading name Equity Insurance Partnerships (EIP).
Hastings Direct appoints insurer relations head
Hastings Direct has found a replacement for Adrian Parry as head of insurer development.
Equity targets large accounts with dedicated team
Equity Red Star has established a national broker relationship management team dedicated to its largest broker accounts.
Charles Earle hits back at Arista capacity rumours
Arista chief executive Charles Earle has hit back at industry rumours claiming the insurer is being forced out of the motor trade market.
Job losses at Equity Red Star
Equity Red Star, the UK arm of Insurance Australia Group, is set to make redundancies with up to 185 staff at risk, our sister title Post has revealed.
Personal lines exits highlight need to avoid reliance on single insurer
Reduced insurer appetite in the personal lines market should serve as a timely reminder to brokers to avoid the pitfalls of placing all their eggs in one basket.
Product launch: Travel, PA and emergency link
A product that unites the handling of personal accident and travel claims and the provision of emergency medical assistance has been launched by Cega Group Services.
Regional review: Way out west
An area that sometimes falls off the radar, Louise Meeson surveys brokers and insurers in Wales and the South West to discover many have been shielded from the worst of the economic crisis.
Broker claims debate
Claims are a thorny issue at the best of times but when credit-hire organisations and accident management companies are involved, it seems everyone gets prickly.
Broker claims debate - roundtable: A case of too many cooks?
The friction between brokers, insurers and accident management companies is well documented, but what has come under less scrutiny is the underlying reason for this tension. Martin Friel reports on this special roundtable debate.
Market Moves
A monthly look at who is moving where...
Editor's comment: The motor market is shot
A senior industry figure told me this month that it is the "worst time" in the history of the motor market for insurers. A pile of news has confirmed this, including RBS's loss of over £200m in its first-half results, Equity's reserving issues and NIG…
Editor's comment - September 2010
So the private motor sector has finally been revealed as the insanely priced kamikaze market that many in the industry always thought it was.
NTR pilot to ease complex business underwriting
Broker Network is piloting a network trading room (NTR) environment that aims to allow members to place complex commercial risks.
Equity Red Star slammed for being too slow to adjust reserves
Equity Red Star should have taken quicker and more decisive action in reserving for increasing bodily injury claims according to a report produced by JP Morgan.
Motor insurers' excuses for poor results rejected
Insurer claims that increases in bodily injury costs are to blame for poor performance in the private motor market may be misleading, according to industry experts.
Bollington, Equity Direct Broking and THB Risk Solutions launch new schemes
New schemes have been launched by Bollington, Equity Direct Broking (EDB) and THB Risk Solutions.
Utley quits IAG to focus on his own investments
Neil Utley has revealed his intention to return to his entrepreneurial roots after quitting his role as chief executive of Insurance Australia Group's (IAG) UK business.
Equity wins Mazda scheme deal
Mazda UK has appointed Equity Direct Broking to administer its car insurance scheme.