Latest News – Page 1950
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Backchat
Meeting the Apprentice
In its latest Yuletide jaunt, on this occasion with BGL Group, Backchat was delighted to share the floor with none other than Tim Campbell, hallowed winner of the first series of The Apprentice.Campbell was a guest of Frank PR, the agency for Bennett’s. Having survived his two-year stint working for ...
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News
News in brief
FSA plans travel regimeThe FSA has set out its detailed plans for regulating travel insurance sold alongside a holiday – known as Connected Travel Insurance (CTI) – mainly sold by travel firms and holiday providers. The FSA also published its new Insurance Conduct of Business sourcebook (ICOBS) which sets out ...
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News
Lloyd’s misses two reform targets
The Lloyd’s market will miss its year-end targets for two electronic reform milestones, according to a report released this week.Lloyd’s also unveiled a price-monitoring tool and online coverholder system, in its three-year business plan also published this week.In its 2007 year-end progress report, Lloyd’s estimated that electronic claims files (ECF) ...
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News
Contract uncertainty hits Leo shares
Shares in property insurance specialist Leo Insurance Services fell 6% as the company announced that one of its business units was likely to lose a major client.The listed property insurance specialist said its subsidiary, Grafton Insurance Services, was expecting to lose a long-term contract worth over a quarter of Grafton’s ...
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News
CBG to buy niche sports firm for HNW links
Broker CBG is set to acquire sports specialist PenMc in a bid to expand its high net worth (HNW) business.The acquisitive broker said it had agreed the terms of a recommended share offer for PenMc which values the company at £186,000.CBG said the acquisition would provide business opportunities for its ...
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Online onlyLloyd's to build school in China
£50,000 donation to benefit 200 children in Yunnan province
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Oval restructures London broking divisions
Acquisitive broker forms new retail broking team
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ICOB rules welcomed by ifs School of Finance
Move hailed as important achievement in principles-based regulation
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Catlin purchases $225m catastrophe swap cover
$87.5m for severe US earthquake and $137.5m for severe US hurricane
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IHI adds unlimited medical cover to travel insurance
multi-lingual 24 hour emergency service also available
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Online onlyFSA begin consultation on new travel insurance regime
Consultation process to end 18 March 2008
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Dandridge takes up RFIB directorship
Ex-Atrium underwriter to become non-executive director in 2008
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News
Decision time for FSA
Michael Faulkner says it is time for the FSA to resolve its stance on commission disclosure and move on
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Insurers to receive FSCS refund
£40m levy refund 'reflects recoveries and lower than expected claims volumes'
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Online onlyDirect Fleet accelerates business
Over £500,000 of premium already submitted for quotation as Brit and HSBC sign up to insurer panel
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