Latest News – Page 1963
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Fortis builds IT claims system
Fortis is in the midst of building an electronic system that can be used to immediately settle some travel insurance claims.The technology, built by the insurer’s IT team and costing approximately £600,000, received board approval last year and will be up and running by early next year, said John ...
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Lib Dems slam weak fines for uninsured drivers
The government came under fire this week after fines handed out to uninsured drivers fell by a quarter over a decade. Liberal Democrat MPs claimed there was no incentive for drivers to take out insurance with fines being cheaper than buying cover. Official figures obtained by the Liberal Democrats show ...
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Ntegrity opens in Bristol with £10m brokerage aim
Start-up broker to focus on professional indemnity and plans London and North offices
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Quinn-direct lifts profits 8%
Irish insurer Quinn-direct made a pre-tax profit of £90m in the six-months to the end of June 2007, an increase of 8% over the first half of 2006. Written premium increased by 25% to £327m over the same period, including £10m from Quinn-healthcare, a new health insurance business.Underwriting margins ...
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Flooding forces AXA to raise property rates
AXA Insurance chief executive Peter Hubbard said AXA would be increasing property rates following the flooding, with rises of as much as 10%. He said: “Rates have been going backwards while claims inflation has been increasing. This needs to be addressed. AXA will be putting up household and commercial property ...
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UK meat and by-products may face rejection
Confirm worldwide orders before shipping meat, advises Aon
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Beazley CEO to reduce involvement in company
Beazley Group CEO is to have a reduced day-to-day involvement in the business for medical reasons
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Allianz in training push
Insurer is using media information pack to promote the industry
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Online onlyInsurers bounce back from share falls
Insurance companies have followed the yo-yo trend of the stock market in the last week. Chris Wheal reports
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Helphire acquires CS2 Group
Care hire company strengthens presence in motor claims market
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Online onlyInsuremycaravan adds two insurers to panel
Fortis and Equity Red Star sign up for quote and buy service
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Arc expands into Ireland with AXA deal
First of its kind cover for personal and motor legal expenses
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Towergate wins award
Towergate partnership voted UK Private Company of the Year by ACQ Finance Magazine
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Online onlyProtectaGroup to expand commercial division
Rugby legend Ieuan Evans appointed as non-executive director
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40-year-old case law may determine foot and mouth farmers' fate
Many businesses directly affected cannot claim compensation
