All Insurance Times articles in Issue 01-11-2007
View all stories from this issue.
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Wouldn’t wannabe with Winehouse
Insurance for the up-coming Spice Girls world tour is current-ly being brokered on the Lloyd’s trading floors, prompting numerous discussions as to which is the best… song. But although the Spice Girls may be insurable, what of the husky-voiced Amy Winehouse and her novel approach to time management?“Haha! Good voice ...
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Ruff time of the year
Pet owners beware. Guy Fawkes Night could lead to expensive sessions with the dog whisperer.Recent research claims that the sounds and smells of fireworks can leave dogs and cats traumatised.The cost of treating our forlorn furry friends following a fireworks show reached £1.6m last year, according to Sainbury’s Bank.Although the ...
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News
Web news
DAS welcomes BTE reportDAS welcomed an indepen-dent report on the before-the-event (BTE) legal expenses market commissioned by the Ministry of Justice. The legal expenses insurer said it particularly welcomed the government's endorsement of the role BTE played in delivering access to justice. First published 26 OctoberEndsleigh deal for IprismIprism, the ...
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Comments/Letters
Letters
Website database checkIt was pleasing to read the commendation of askmid.com from Roy Rodger (Letters, 25 October). Undoubtedly this website will assist everyone in ensuring that their own vehicles are appearing correctly on the motor insurance database (MID). This is becoming increasingly important as the enforcement authorities are, in practice, ...
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More tricks, less treats
Did you open your door to trick or treaters this Hallowe’en?According to Norwich Union, insurers could be hit with a flood of claims caused by Hallowe’en tricksters.Home insurance claims go up by 150% compared to an average day, and car insurance claims double due to pranksters that take trick or ...
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News
Ten looks to Northern Ireland
Ten Insurance, the fast-growing network for start-up brokers, is targeting businesses in Northern Ireland following its expansion into Wales. The Buckinghamshire-based network, which has members from around the UK, recently added its first appointed representative in South Wales.Kedric Rhodes, Ten director, said the network was now hoping to attract businesses ...
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Features
Stepping out from the Indie shadow
Independent Insurance recruited and trained a talented workforce and after the insurer’s collapse many went on to become key industry players. Chris Wheal tracks them down
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News
MPs look to force U-turn on pleural plaques ruling
Pressure is growing in Westminster for the government to overturn the House of Lords’ ruling on pleural plaques. There were also calls for insurers to contribute to a pool to compensate victims of the condition. Thirty-five MPs are supporting a parliamentary motion calling for legislation to ensure sufferers of pleural ...
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News
Financial news
Record Budget profitThe BGL Group (formerly the Budget Group of Companies) announced another set of record profits and substantial growth for its financial year July 2006 to June 2007. The group delivered a pre-tax profit of £43m, up 93% on the previous year, which had also been a record performance. ...
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Features
The SFO has its day
After years of hard work, the SFO achieved a significant boost with the Independent convictions. Ellen Bennett sums up the case
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C-Zone
Has the CII scored with its Talent Initiative?
The CII’s Talent Initiative was announced in a blaze of publicity a year ago. Anita Anandarajah reviews its progess
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CII site makes insurance sexy
The CII’s efforts to encourage bright young things into the insurance industry received a boost this week from The Times. In a supplement on careers in financial services, it described the CII’s insurance careers website as “an excellent website that makes insurance look like the most interesting career on the ...
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News
Reform chief questions electronic mandate threat
Market Reform Group chair Douetil confident the market can reform of its own accord
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News
New Lorega chief to target high net worth
John Sims, the new chief executive of claims advocate Lorega, is targeting the high net worth personal lines market as part of his growth strategy for the company. Personal lines clients currently account for only 5% of Lorega’s business, with the remainder being commercial customers.Sims, who joined Lorega in September ...
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Cowed into a long career
It seems some people are just made for the insurance industry. It emerged last week that a certain public relations executive from Royal & SunAlliance had a road mishap during his youth that found him and his vehicle upside down in the middle of a farmer’s field.The fact that no ...
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News
Munich Re to make second Lloyd’s buy
Munich Re will strengthen its presence in Lloyd’s with the acquisition of Syndicate 318, it announced this week.The German reinsurer expects to complete the acquisition of MSP Underwriting, owner of managing agent Beaufort Underwriting and service company Evergreen Underwriting Services for a price it says is “in the mid double-digit ...
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Comments/Letters
Stop insuring Burma and help democracy
Mark Farmaner, says pulling cover will speed the collapse of the military
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News
UK insurers face exposure over support for Burma
Insurance action group ready to pressure companies over involvement in Burma regime