Best from the web...Hampden licensed

Hampden licensedHampden Agencies said it had received FSA authorisation to facilitate the buying and selling of NameCos at Lloyd's. Limited liability vehicles, NameCos, have been available since 1994, and all new Names have been obliged to enter as a NameCo since 2003. Hampden acts for over 500 NameCos, it said.(First published on 8 July.)

Aon in BskyB dealAon has won a contract with BskyB to provide its UK insurance and risk management services. The contract covers all classes of insurance business for BskyB in the UK and its global news desks.(First published on 13 July.)

Lloyd's efficiencyLloyd's Market Association's market processes committee chairman Dane Douetil has said critical impact on loss ratios could result from initiatives to improve the efficiency of insurance markets globally. Douetil said that while many analysts were focusing on the cost savings such projects could deliver, this element accounted for only 3% of a risk carrier's combined ratio.(First published on 12 July.)

TGSL softwareSoftware specialist TGSL has developed a system aimed at small and medium sized intermediaries that it said will reduce staff costs and increase conversion rates. The package is available with Sirius, CDL and Misys data conversion.(First published on 13 July.)

Fire defence fearsLack of adequate fire protection is causing in excess of half a billion pounds worth of fire damage and interruption costs to British businesses every year, revealed a study by Royal & SunAlliance. The study found that of 40,000 recorded commercial fires, less than half the premises had fire alarms, fewer than 10% had sprinkler systems and hardly any had a pre-planned recovery strategy in place. (First published on 9 July.)