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Archive
Markel: PI rates to rise 5%-15%
Professional indemnity (PI) rates will continue to rise, Markel International chief administrative officer Richie Whitt forecasts.All types of PI risk could see increases of between 5% and 15% - e ...
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Archive
Stevenson acquires Annandale
Bruce Stevenson has acquired fellow Edinburgh-based broker Annandale.Annandale, which development and marketing director at Bruce Stevenson, Alan Russell described as a "typical small composite", ...
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Comments/Letters
A bum rap for loss adjusting
Partnership and sharing of skills and knowldege within the loss adjusting community is essential if we are to save the profession, says Michael Burnett
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Archive
Allianz calls for ATE cost summit
Allianz Cornhill call on insurers to work together to streamline ATE
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Archive
Allianz truckers get Euro discount
Allianz supports Eurowatch security service for its haulage clients
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Features
Ambulance chasing
With the Royal London Hospital aiming to reduce its costs by encouraging the emergence of a US-style claims culture, British insurers should beware.
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Archive
Aon profit slump
Aon's profits fell in the third quarter due to losses from discontinued operations.The world's second largest broker reported earnings of $114m, or 36 cents per share, against $127m, or 46 cents p ...
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Archive
Aon deal for OutRight
Aon has handed the administration for part of its personal lines business to OutRight Company UK.Under the outsourcing agreement OutRight will administer household, motor, travel and add-on insura ...
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Archive
First ATE rehab policy launched launched
New product allows personal selection of treatment, immediately for claimants
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Archive
NHS rehab should go beyond EL
The NHS is expected to be given responsibility for rehabilitation when the Department for Work and Pensions (DWP) releases its second report into the employers' liability (EL) crisis on 20 November. ...
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Archive
Galbraith heads Biba
Eric Galbraith started this week as chief executive of Biba, as predicted by Insurance Times in September. Galbraith left Hill House Hammond in early September where he was managing director.Biba ...
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Archive
Stop press...Fortis loses bid
Fortis loses bidFortis has lost its legal bid to force the British government to pay some of the compensation claims arising from the Selby rail crash in 2001. Fortis had been seeking …
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Archive
Broker's profit rise
Lloyd's broker Alexander, Brooks & Stevens reported a huge rise in profits - despite a small fall in revenues - in the year ended 31 March 2003.Turnover was down 4% to £2.6m from £2.7m the year be ...
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Archive
Decision time for brokers
The FSA warns brokers considering becoming ARs to check out their principal agents
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Archive
Budget panel takes NU
Budget Insurance Services has added Norwich Union to its household panel.The insurer will be the eleventh underwriter on the Budget panel, operating on a common policy basis.Budget product dev ...
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Archive
Cruise ship bug claims
Travel insurers and marine liability underwriters are looking at a boatload of claims coming ashore from the P&O liner Aurora. It is understood that Fortis is P&O's insurer. Hundreds of medical cl ...
