Latest News – Page 1931
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News
News in brief
Liberty appoints chiefLiberty Syndicate Management appointed Nick Metcalf as its new chief executive, following the departure of Sean Dalton in July 2006. Metcalf joins from Arch Insurance Group. First published on 19 OctoberEndurance appointmentPatrick Aeschbacher will join Endurance Worldwide Reinsurance to lead further development of its reinsurance business in Asia ...
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News
Claimants gear up for new plaques compensation bid
House of Lords rules pleural plaques not compensable
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Comments/Letters
We’re on the claims case
Sue Langley says Lloyd’s is winning the cultural revolution to implement electronic claims handling
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Backchat
A grave statistic
Motor insurers take note – a reliable profession does not always guarantee safety behind the wheel.A recent study found that doctors and surgeons are among the nation’s most accident-prone drivers along with lifeguards, accountants and – yes – Insurance inspectors.Astrologers were revealed as the safest profession on the road. But ...
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Backchat
The wheels of a Gent
Brokers in the North are keeping it real. Following a recent report by Cumbrian outfit Peart claiming the average age of a Bentley, Aston Martin or Ferrari owner has fallen from 45 to 35, Backchat was informed that Peart’s own employees were not rushing to upgrade their wheels. The age ...
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C-Zone
Going Places
BrokerMarshMarsh UK has appointed James Elder to the new position of chief risk officer.Elder joins from Credit Suisse where he was a director in bank operational risk oversight. He will report to John Nicholson, chief operating officer of Marsh UK.Marsh has also appointed Jill Husbands as Bermuda head of office ...
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News
Cobra set to create hubs in seven regional centres
Broker group in regional drive following Manchester broker buy
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News
Broker Network rejects takeover bid
Broker Network has rejected an approach from a potential buyer, believed to be Towergate. In a statement to the stock exchange on Tuesday, Broker Network said discussions had been held with a company, but the approach had been rebuffed. It said: “It [Broker Network] has concluded that the terms and ...
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News
Oval confirms talks of Allianz stake in group
Oval has confirmed that it is in discussions with Allianz about taking a stake in the broker group.Managing director Jeff Herdman said that the company hoped to make an announcement regarding Allianz’s stake – believed to be 10% – in the next few weeks. He would not comment on speculation ...
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News
News in brief
VPL appointmentsVenture Preference (VPL), AXA’s broker subsidiary, made four senior appointments. Ian Story, finance director at Smart & Cook, is now chief financial officer for VPL. Geoff Bradford, managing director of Layton Blackham, takes on the role of integration director. Graham Coates, managing director of Stuart Alexander, will now be ...
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Features
News in brief
5,000 broker jobs at riskAlmost 5,000 broker employees could lose their jobs as a result of the slowdown in the UK economy, a report warned. The research, by Plimsoll Publishing, found that in the 1,730 largest brokers in the UK almost a third would be axing staff. The cuts were ...
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News
Insurers face supply shortage as bodyshops decline
Falling numbers of bodyshops blamed on insurers’ demands for low-priced repairs
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News
Biba launches Islamic committee to aid brokers
First Islamic insurance company set to write business in 2008
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Online only
Heath Lambert appoints commercial affinity chief
Growth in trade association business targeted
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Online onlyBIBA blasts government over ATOL reforms
New protection contribution system leaves 40% of travellers unprotected
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Online only
Preferential appoints new Chairman
Travel specialist continues to strengthen senior management
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Online only
Lockton: water escape is main source of 2007 property claims
Storms also a problem area, but fire claims are down
