Loss adjuster GAB Robins has targeted seven lines of business in its new Protect and Grow strategy.
Managing director Derek Coles exclusively revealed in Insurance Times in November 2003 that credi ...
Loss adjuster GAB Robins has targeted seven lines of business in its new Protect and Grow strategy.
Managing director Derek Coles exclusively revealed in Insurance Times in November 2003 that creditor adjusting would be a growth area for 2004.
This week Coles said that the adjuster was looking to develop services in employment protection, legal expenses, liability lines, high-end commercial insurance and high net worth.
Coles explained that creditor insurance was forecast to have a compound annual growth rate of 6.5% per year until 2006, because of the boom in consumer credit and that meant more claims. He added that liability premiums were forecast to grow at 5.5% per year until 2006.
Coles said there would be emphasis on expanding services beyond loss adjusting and investigation. He dampened rumours of a UK division management buy-out.
Joe Zubretsky has been replaced as chairman of GAB's global operations by Jun Tsusaka. He remains chief executive and president of the global operation.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
