Latest News – Page 2006
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Study reveals a quarter of Brits are uninsured on holiday
Top three reasons for claiming on travel insurance are: medical emergency, cancellation, loss, theft or damage to baggage
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News
Biba chief raps FSA over pace of reform
Eric Galbraith brands FSA’s commission disclosure review a ‘backward step’
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Biba news
?Avoiding lawsuitsBrokers faced a “formidable” task to avoid being hit by litigation, according to James Dingeman QC. He advised brokers to take practical steps such as taking notes during meetings with clients and writing a contract with clients each time, rather than relying on a standard form of wordings.Record attendancesThis ...
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Brokers key to dealing with emerging risks
AIG chief tells Biba Conference to remain vigilant to legal and environmental challenges
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Comments/Letters
Biba's goodwill crisis
?Biba goodwill crisisSo at last, “Biba acts in goodwill crisis” (News, 24 May). And about time too.Many months ago I raised this issue with Biba simply to get some advice as to what it felt might happen in January 2008 and to ask for its advice.I was told that it ...
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Comments/Letters
Banking on local insurance
Andrew Cave says HSBC’s tie-up with Norwich Union is logical but history is against it
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KC Partners to drive further growth with new commercial lines initiative
SSP's broker business network, KC Partners, is expanding its SME offering by launching a new commercial lines initiative
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Tim Riddell joins Axiom as managing director
Riddell will head the London insurance market financial reporting division.
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Chubb rebrands and expands M&A offering
Chubb opts for a rebrand to reflect broader M&A product solutions and continued spacialisation in the sector
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Towergate denies sale rumours
Rumours of a £3bn sale are strenuously denied by Towergate
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Elite Insurance posts profits
Company says that ruling on medical reporting should pave the way for growth
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Insurer launches green driving scheme for employees
Payments made by the insurer to a carbon offsetting organisation
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EMB Japan opens for business
EMB Japan will bring firm's range of actuarial software to market
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Fitch Affirms Royal & Sun Alliance at IFS 'A-'
Fitch Ratings has affirmed the ratings of R&SA following the annoucement of the proposed buy-out of Codan
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'Too much regulation' tops insurance risks
Regulatory overkill is identified as the greatest risk facing the insurance industry according to a survey
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Ace targets private firms with enhanced D&O cover
Ace extends D&O coverage for SME private companies and promises a more effective and relevant policy
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Chubb launches financial services product
Enhanced cover to include provision for D&O and professional liability
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KnowledgeCenter launches repository process solution for insurance industry
New product to assist brokers and underwriters is a web-based repository system which works within Microsoft Outlook
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BIBA news: Broker continuity planning
Insurance community must prepare clients for business interruption, says Towergate director