Axa supports Paralympics
Axa supports Paralympics
Axa Insurance employees will be following the 2000 Paralympics in Sydney very carefully when the games start on October 17. Commercial services clerk Caroline Maclean, 25, left England on Saturday to represent the UK in the women's basketball. Axa donated £5,000 to the Great Britain Wheelchair Basketball Association to show its support for Maclean. Axa chief executive Andy Homer said: "Axa Insurance salutes Caroline's discipline and ambition – values which are essential to any success story, be it that of a person or a company."
Miller Sheppard joins RAC
Miller Fisher Group's vehicle inspection division Miller Sheppard has won an exclusive contract with RAC Accident Services. Miller Sheppard will be the sole inspector of vehicles that are handled by the RAC's network of authorised bodyshops. RAC accident services network manager Stuart Birch said RAC was attracted by Miller Sheppard's ability to send engineers anywhere in the UK through its one-call inspection booking service. "We were also impressed by the team's training and their professional qualifications," Birch said.
Omega gets syndicate 529
Non-marine corporate syndicate 529 has been transferred to Omega Underwriting Agents, subject to Lloyd's regulatory consent. The syndicate, previously managed by Sterling Underwriting Agencies, lost its licence to underwrite new or renewal business in July but it will resume as soon as the necessary consents for the transfer are granted. Omega already manages non-marine syndicate 958 and its active underwriter John Robinson will also underwrite for 529, supported by the existing 958 team and some staff transferred from Sterling. Syndicate 529 underwriter Maurice Howell will stay with Sterling as run-off manager.
Pilot for inland lifeboat stations
The Royal National Lifeboat Institution (RNLI) is to launch a pilot programme of inland lifeboat stations next year. The scheme will be launched at three or four locations in the UK and Ireland in time for the 2001 season. The RNLI said there was considerable logic to the argument that the risk assessment it used for stations on the coast should be applied to stretches of inland water. A spokesperson said the move was unconnected with the recent floods.
New casualty at AIG
America International Group (AIG) has launched a London unit called AIG Excess Casualty North America. The unit will be managed by Chris Horton and will handle excess liability business written in the London market for customers with US and Canadian exposures. AIG is the biggest underwriter of commercial and industrial insurance in the US and has 130 outlets around the world.
Chubb moves to Lloyd's
Chubb Europe is to relocate its UK marine department to the Lloyd's of London building. Chubb's representation at Lloyd's will be expanded to include marine liability underwriter, Michael Codd, together with Nick Derrick, David Grant and Chris Timcke who write ocean marine cargo/transit business. The Lloyd's division will focus on the London market.
Norwich-based Highway Glass picked up the Business of the Year and Customer Care awards at the recent Eastern Daily Press business awards. Highway lists most of the major domestic insurers among its clients, including Axa and Legal & General.
Resolex is mediator
Jersey Airport has appointed Resolex for contracted mediation work at its new project, only a week after Resolex formed its Co-Med service. The project, a £15m taxiway, is out to tender, with work due to start in February 2001. Resolex's Co-Med experts have been appointed to help prevent and resolve disputes from the outset of the project.
Applied social responsibility
Co-operative Insurance Society (CIS) now applies socially responsible investment policies across the £26bn it manages. CIS surveyed the companies in which it has holdings to detemine whether they were socially responsible. It found 81% had increased their spending on the issue, which includes policies on the environment and fair trading practices in the past two years.
Insurance up to scratch
Online recruitment service Scratch-jobs.com is extending to include the general and life insurance markets. Scratchjobs brings together employers and job seekers, putting them in charge of the whole process.
Airmic lecture by Rentokil
Rentokil Initial chief executive Sir Clive Thompson will present the 2000 Airmic Annual Lecture on October 30. Thompson will address the Association of Insurance and Risk Managers on "The Risk to Profit" at the seventh conference in London.
Ex president speaks at CII
United Nations Commissioner Alan Cleary will speak at the Chartered Insurance Institute (CII) Society of Fellows Annual Lecture on November 7. Cleary, a former CII president, will speak on his responsibility for settling corporate claims arising out of the Iraqi invasion of Kuwait. Details of the lecture, hosted in association with Norwich Union, are available by phoning 020 7417 4780.
Insurance and reinsurance recruitment agency Royce Appointments has put itself online. The launch of royceappointments.com spearheads the company's latest online information brochure. The site has a questionnaire designed to create a fingerprint of all the career paths and personnel in the insurance market.