Latest News – Page 2015
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Four arrested in 'cash for crash' insurance scam
The Insurance Fraud Bureau (IFB) has helped West Yorkshire Police with intelligence-gathering, leading to the arrest of four people today suspected of staging motor accidents...
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Zurich posts record 1st quarter results
Zurich Financial Services Group said first-quarter profit rose 71% to a record $1.4bn...
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Litcomp welcomes Woollard deal
Legal expenses and medico-legal agency provider Litcomp...
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New bidder for Alea could emerge
The board of Alea announced today that it has received...
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Benfield loses ReMetrics head
Dr Milan Simic, former co-head of the ReMetrics Natural Hazards team at Benfield, has been named managing director of AIR Worldwide Ltd...
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ACE settles another contingent commission charge
ACE has reached a $9m settlement with the Attorney General for the State of Pennsylvania over underwriting practices...
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Govt to spend more on flood resilience measures
The government is set to announced today a £500,000 funding package to help make flood vulnerable homes more resilient against flooding...
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Talbot confirms sales to Validus
Talbot Holdings has announced that agreement has been reached...
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Premex welcomes agreement on medical reporting fees
Agreement between medical reporting organisations and insurers creates two new level of fees as industry standard
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MCE launches motor insurance website
Broker, MCE, has launched a new fully interactive e-commerce site for private car and motorcycle insurance...
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Morley hires head of property research
Morley has hired David Skinner for the newly created position head of property research following expansion in continental Europe and Asia...
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InsureYourMotor Switches to Open GI
Internet-based motor broker, InsureYourMotor, has switched quote engine supplier from CDL to Open GI...
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Technology duo to launch messaging hub
Xchanging and Advisen are set to jointly launch an ACORD messaging hub to all brokers and insurers in the London Market...
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Travel insurance is “too cheap” to be any use
Some policies charge too little to be able to pay out, warns Defaqto...
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Lead underwriter to leave AEGIS London
Nick Rnjak, the lead power underwriter with AEGIS Energy Syndicate 1225, is leaving the company.In a statement the company said that Mr Rnjak, who has been with AEGIS since late 2004, "has played a significant role in the syndicate's development." AEGIS will announce Mr Rnjak's successor in the near future. ...
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Converium CEO and CFO to resign by end of year
Converium chief executive Inga Beale and chief financial officer Paolo De Martin are to resign at the end of 2007.Both will play an active role in the merger of Converium into SCOR should the French reinsurer's latest share offer be accepted by Converium's shareholders, before departing at the end of ...
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Xbroker changes broker quote system
Xbroker, from Moorhouse Group, plans to add retail to its product portfolio and reengineer the system to better suit brokers' needs. The new retail product, which will be rolled out by the end of the month, will be underwritten by NIG and Zurich. Additionally the Xbroker system now includes the ...
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Oslo Marine opens London representative office
Russian-based insurance and leasing specialists Oslo Marine expands to the UK
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Attorney general announces national anti-fraud strategy
Lord Goldsmith said the government was planning to establish a National Fraud Research Centre...