Latest News – Page 1999
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Online only
Highway interims boosted by strong investment returns
Profits rise 60% despite underwriting loss
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FeaturesClear for take-off
Perry Wilson tells Andrew Holt how he put InsureandGo on the travel map by introducing sensible additions and some attention-grabbing ideas
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Features
Supply strain
The recent product recall of Mattel toys made in China has highlighted the importance of managing the supply chain. Anita Anandarajah reports
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Features
Can one lawyer serve two masters?
Law firms have long thrived on acting for both parties in personal injury and professional liability cases, but new regulations may curtail the practice. Frank Maher explains
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C-Zone
All about approved persons
The FSA has a designation for people who have a responsible role in insurance mediation. Steve Dutton explains
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Comments/LettersWhere size doesn't matter
Grant Ellis says the new SME direct campaigns are aimed at too small a market to worry brokers
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News
Heath Lambert hires key staff for FSJ division
?Heath Lambert has boosted its wholesale division, FSJ, with seven new appointments, including a divisional director. The broker said the appointments, which included former Lowndes Lambert managing director Martin Wildridge, were key to the expansion of the division.The division “was forging ahead and winning important business for the group”, it ...
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News
We'll break even by year end, says Oxygen chief
Start-up losses worsen, but Robertson Taylor acquisition will boost premium income
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News
Cooper nets CRS terror teams
Cooper Gay Group has acquired the reinsurance and terrorism broking teams of CRS Group. The teams transferred to Cooper Gay’s Lloyd’s broker, Cooper Gay & Co, on 1 September. It is the first major acquisition made by the group since SC Insurance and Risk Services, a subsidiary of Portuguese corporation ...
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News
Web news...
Network buys memberBroker Network acquired commercial broker Sullivan Garrett, its twentieth buy. The Swindon-based broker has been a member of Broker Network since June 2000. First published 3 SeptemberBDML gadget coverBDML Insurance Solutions, part of the Capita Group, launched Gadgetsafe, a policy to cover electronic gadgets. BDML said it ...
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News
Bright defends his record
Former Independent boss Michael Bright continued to present his defence against charges of conspiracy to defraud this week, as he was cross examined by prosecution lawyers. Bright, founder of the insurance firm that famously collapsed in 2001, insisted that he had not been aware of information being withheld from auditors, ...
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News
Felix losses to be less than £200m
?Hurricane Felix is expected to cause no more than £200m worth of insured losses, experts have predicted. The US National Hurricane Centre, which has been tracking Felix, said it was heading north towards Texas.But it had since veered slightly south and was expected to strike Honduras, Nicaragua, Belize and then ...
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News
News in Brief
?Hampden raises £5.2mHampden Underwriting raised an initial £5.2m before expenses following its flotation on AIM this week. AIG buys travel insurerAIG Europe acquired Direct Travel Insurance Services, one of the UK's leading independent travel insurance specialists. Aon head for Cila committeeAon’s head of claims John Bell was appointed chair of ...
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News
Brit cautious after half year profit rise
Brit Insurance Holdings has warned its second half year profits are likely to take a hit, despite announcing strong first half results.The company reported strong overall profits and underwriting performance with its gross written premium (GWP) up 4.6% to £727m. First half pre-tax profit rose to £106.8m, up from ...
