Latest News – Page 2005
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News
Capita expands process outsourcing business
Capita Insurance Services is set to go head-to-head in the London market with rival business process outsourcer, Xchanging
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Backchat
Royal welcome for R&SA
Royal & SunAlliance chief executive Bridget McIntyre and a group of employees recently returned from a trip to China (which, Backchat hears, included a fair few stints on the karaoke machine). The group were surprised to find that, on arriving at the airport, they were greeted by a fleet of ...
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Backchat
Boozy buyers show the way
The notoriously sociable broking industry was surprisingly upstaged at this year’s Biba Conference by the wine-guzzling antics of delegates at the London International Wine and Spirits Fair.Backchat watched in wonder as buyers from across Europe showed the 3,200 or so Biba delegates how it was done after three days of ...
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Backchat
Cullum longs for AIG stardom
?When you’re the president and chief executive of the world’s biggest insurer it’s little wonder that your peers suffer a little of the green-eyed monster syndrome from time to time.Martin Sullivan, boss of AIG, must be used to it by now having held the revered post for more than 10 ...
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News
WTC insurers pay out $2.5bn to settle claims
Seven companies have agreed to pay $2.5bn to settle outstanding claims on the WTC
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News
News in brief
?Aon and Heath settleAon and Heath Lambert today announced they have reached a settlement of all of the litigation relating to former Aon Newcastle employees. The employees defected to Heath Lambert in the first quarter of last year. QBE forms casualty unitQBE European Operations announced the formation of ...
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News
IGI plans broker expansion following online trading launch
IGI Group is preparing to expand its network of broker agencies, following the launch of its online trading platform, IGI Online.
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News
Financial news
?Chaucer premiums upChaucer reported premium income, net of brokerage, to the end of April 2007 was £228.9m compared to £228.8m in 2006. This represented 50.4% of the combined planned income for Syndicates 1084 and 1176. Amlin premiums down Amlin said written premium in the first four months of 2007 was ...
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News
Kwik-Fit in the frame for Express
Speculation mounts that Kwik-Fit is in the frame to buy Express Insurance
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News
Admiral in talks over sale of Confused.com
Admiral is in talks with a number of companies over selling all or part of its price comparison website, Confused.com.
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Online only
Mondial boasts success in e-tourism
Mondial says 38% sales rise in 2006 was due to e-tourism focus and travel industy growth
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News
Biba news
Business disruption adviceThe insurance community must explain the concept of risk management to clients to prepare for the event of a disaster that would disrupt business, according to Paul Dyer, non-executive director of Towergate. He said: “Start by advising clients during normal renewals and Inquire about business continuity plans.” ...
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News
Iprism seeks £100m in SME quote service
Iprism aims to write over £100m of business a year with new SME quote system.
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News
Cullum says direct writers must disclose expenses
Towergate chairman Cullum encourages expenses transparency for direct insurers
