Kwik-Fit employs 100 extra staff

Kwik-Fit employs 100 extra staff
Kwik-Fit Insurance Services is to expand its workforce by more than 100 at its Tannochside headquarters.

The jobs will be spread across the board at the call centre, with 70 full-time motor insurance sales positions, 25 part-time positions in the customer services department, 12 full-time jobs in the renewals department and eight part-time sales positions.
Around 800 people are currently employed at the site.

Controversy over euro
UK Exporters are split in their opinion of the European single currency, with 51% against joining and 49% in favour, according to a survey from credit insurer NCM UK.

Reasons given by those against joining included constitutional implications, weakened relationships with the US and not wanting to contribute towards a European superstate.

Those who voted yes cited price transparency, exchange rate certainty and expected lower costs within the euro zone.

Watch where you're going
Transport for London has compiled a list of the top ten accident blackspots in London.

Equal first are the A40 Western Avenue, where it crosses the A312 Church Road in Ealing, and the junction of the A10 Great Cambridge Road and the A406 North Circular Road in Enfield.

Both recorded 111 accidents between 1998 and 2000. The A406 features in seven of the blackspots.

Team effort for credit insurance
BNP Paribas and Coface have teamed up to distribute Coface's credit insurance products and its @rating solution via BNP Paribas's worldwide trade centre network.

There are currently 27 operational trade centres and the number is expected to reach 80 by the end of next year. Initially, BNP will distribute Coface's modular credit insurance policy, Globalliance.

Elderflower for baby boomers
The first consultancy dedicated to marketing and communications for the “baby boomer” generation was launched last week.

Elderflower, based in London, has been set up by a group of experienced consultants to offer a specialist service to marketers in large consumer-directed organisations, businesses, the public sector and agency planners.

Baby boomers – born between 1947 and 1964, in the post war fertility boom – account for nearly 30% of the UK population.

Summer roadshows
Paymentshield, which provides mortgage payment protection insurance (MPPI), is running a series of summer roadshows to show intermediaries how to increase sales of MPPI and household insurance using their new quotation and application system.

Mortgage advisers can complete on-screen applications and email them to Paymentshield without the need for client signatures.

Road deal
Direct motor insurer Admiral has signed a long term roadside agreement with Colchester-based Call Assist. Under the deal, Call Assist will provide various levels of roadside assistance to Admiral's 500,000 policyholders for the next three years. The two companies have worked together for the past two years.

Moody's has downgraded the performance rating of Lloyd's energy and aviation syndicate 1009, Markel Management Syndicate, from B+ Average to B Average, in light of the departure of senior members of the syndicate's team.

It is also based on a short-term outlook, with the expectation that the syndicate will form part of a Markel umbrella syndicate in 2002.

Alleghany syndicate downgraded
MOODY'S has changed the status of the performance rating of syndicate 376 - Alleghany Underwriting - from B Average, under review for possible downgrade, to B Average, negative outlook.

This follows the announcement of a loss of 29% for the account and with Alleghany Underwriting contributing losses of £120m to the year-end 2000 results.

The agency has since appointed a new chief executive and proposed significant changes to the underwriting book.

In light of these developments and the proposed restructuring, the syndicate has been taken off review but remains on negative outlook.

Private health figures double
THE number of people paying for private health treatment on a one-off basis rather than through insurance has doubled in the course of the last parliament.

According to the Independent Healthcare Association, the number of people paying privately to see a consultant has increased by more than one million since Labour came to power.

And figures from Health Which? magazine show about a quarter are from London and the south east.

E-commerce risk guide
THE Financial Services Authority (FSA) has published proposals on how to tackle the key regulatory risks in e-commerce.

Its discussion paper, called The FSA's Approach to the Regulation of E-commerce, outlines three regulatory objectives it plans to fulfil: to ensure that companies and markets have adequate IT systems and controls to address possible risks, that consumers have access to information about financial services via ecommerce channels and that the FSA adapts regulation to e-commerce developments.

On board
OUTSOURCING group Miller Fisher has appointed Malcolm Hughes to the board of directors.

Hughes is currently head of Miller Farrell, Miller Fisher's Irish subsidiary, which completed the successful acquisition and integration of Brian Collins and Associates last year.

He will have responsibility for all international operations, encompassing the Middle East, Asia, Europe and Latin America as well as Ireland.