Latest News – Page 1986
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Online only
R&SA loses replacement car case appeal
Court of Appeal upholds DAS car hire agreement stemming from ULR claim
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Online only
Coleman appointed head of personal lines at Zurich
Appointment completes strong team to serve the UK broker market
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Online only
Bollington acquires Manchester broker
Group strengthens North West position with first aquisition since Groupama takeover
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Online onlySwiss Re gets rating
SR International Business Insurance placed on review for possible upgrade
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Former Cunningham Lindsey director joins Davies Group
Gary Liptrot appointed as director
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Features
A day in the life of…
Anita Anandarajah joined a GAB Robins loss adjuster on a day of dealing with flood claims
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Comments/Letters
Letters
Poor drainage, more floodingIf the government allows water companies to take money from the public to provide water and renew and maintain the infrastructure, but then the companies give a large chunk of revenue to fat cat shareholders, rather than spend it on renewal and maintenance, I can understand why ...
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News
Brokerbility shops for South East brokers
Four new acquisitions push group’s controlled premium closer to year-end target
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News
Willis partners climate study
Willis and Deloitte have joined forces with the University of Reading in an attempt to analyse the effects of climate change on business.The partnership will seek to involve further stakeholders, including insurers.Deloitte partner Lis Gibson said that the scheme would have a vital part to play in risk assessment. She ...
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News
Lloyd’s backtracks on naming and shaming
Lloyd’s chief gives reprieve until year end for firms failing to reach electronic reform targets as Lloyd’s profit soars 33%
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News
Zurich axes 40 jobs in UK restructure
Forty jobs have been cut at Zurich, with most believed to be redundancies, following a restructuring of the insurer’s business change and IT functions.The company said it was attempting to pursue redep-loyment opportunities for the 40 people affected, but some had been unsuccessful and others had chosen to leave.A spokesman ...
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News
FSA to assess TCF progress
The FSA is to begin visiting brokers and undertake telephone assessments to test their progress in implementing its Treating Customers Fairly (TCF) initiative. The regulator said the move aimed to help firms make faster progress in meeting the TCF target, and to identify more quickly those firms most in need ...
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News
Web news
D&O cover expansionBroker Miller predicted that D&O insurers will begin to broaden their policy cover in response to changes made by Liberty International Underwriters, which launched a D&O policy wording with features such as no pollution exclusion, no bodily injury/property damage exclusion and cover for shareholder derivative costs. First published, ...
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News Analysis
Is commission disclosure on its way?
A weighty report into competition by the European Commission could start the process to force UK brokers to disclose commission to commercial customers. Sarah Kennedy explains
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Backchat
Flood plans submerged
Backchat was keen to learn of the latest efforts to equip insurers with data to model flooding and manage flood risk. But if names are anything to go by, the government-sponsored programme – the Atlantis Initiative – could end up dead in the water.The project is designed to foster collaboration ...
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Backchat
Wisdom of the elders
Backchat was honoured to speak to a stalwart of the insurance industry this week. A man, who in 1937 at the age of 16, got his first job at a small insurance company, before heading off to war.Now, after 70 years in the sector, and still with no plans to ...
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Backchat
Addressing the the issue of letters
Royal & SunAliance (R&SA) appears to be doing all it can to embrace the so-called IT revolution. While some are looking for ways to encourage paperless transactions, R&SA has gone one better by implicitly discouraging the use of letters. A bulletin issued to customer account handlers regarding changes to credit ...
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News
Brit seeks provider deal to expand e-trading
Brit Insurance is seeking to expand its electronic trading system to provide a wider range of products to brokers. Simon Cooter, Brit UK’s distribution director, said the company was talking to electronic trading platform providers, with a deal expected in less than two months.The insurer is looking to increase the ...
