Latest News – Page 1928
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News
Indie three consider appeal against jail terms
Serious Fraud Office moves to seek confiscation of assets
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News in brief
Capita and QuestGates panel winCapita Insurance Services and Questgates have been appointed to carry out road traffic accident (RTA) investigation work for RBS Insurance, following a review of its motor claims service providers. The review has created a panel of seven providers, covering areas such as surveillance, theft and RTA ...
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VP passes £500m GWP
AXA’s insurance broking arm Venture Preference (VP) surpassed the £500m premium income mark with the acquisition of the Health Insurance Group (THIG).THIG, which was purchased for an undisclosed sum, is an independent UK private medical intermediary generating £45m of gross premium income.The purchase propels Venture Preference into the private medical ...
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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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Reform chief questions electronic mandate threat
Market Reform Group chair Douetil confident the market can reform of its own accord
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R&SA and Munich Re to lead 2012 Olympic cover
Royal & SunAlliance and Munich Re will be the lead insurers for the London 2012 Olympic Games, the Olympic Delivery Authority (ODA) announced this week. The two insurers will provide half of the project-wide construction insurance and just over half the primary third party liability cover.The remaining cover will be ...
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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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AXA lobbies MPs over flooding concerns
Minister hints that government could increase flood defence spending
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UK insurers face exposure over support for Burma
Insurance action group ready to pressure companies over involvement in Burma regime
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Insurers counter lure of authorities’ mutuals
Insurance companies are understood to be offering special deals to public and fire authorities to discourage them from joining recently-launched mutual insurance schemes. A mutual scheme was launched last month for fire and rescue authorities. It is expected to collect £4m in premiums in the first year. A mutual for ...
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Willis appoints three in life science and technology drive
Move made to increase specialisation, says CEO
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Harlosh rebrands as Target Harlosh
Software provider targets global insurance technology market
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Increase in risk reporting, says Marsh
FTSE 100 companies are reporting above and beyond the required level
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Howden pushes into Central and Eastern Europe
Lloyd's broker appoints business development manager
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Mutual for fire and rescue authorities launched
Move adds to growing mutual activity in UK
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Atrium begins outsourcing of risk entry
Insurer says BPO solution will free up underwriting staff
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Venture Preference acquires health insurer
Deal for The Health Insurance Group (THIG) takes premium income over £500m
