Personal Lines articles – Page 196
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Provident sells motor business for £170m
Provident Financial has confirmed the sale of its motor insurance business to a subsidiary of GMAC Insurance...
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C-Zone
PPI for the expert
Payment protection insurance has received much unwanted publicity recently, mainly because of confusion over what it covers. Steve Dutton details the covers provided
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News
DRI data recovery launch
The DRI Group has launched an insurance-backed data recovery package for desktop computer and laptop users with two further products out before the summer.The company claims the product, underwritten by AXA, is the first of its kind. DRI Group said it was aimed at the commercial and personal lines markets. ...
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Emerging risks impeding business development says Lloyd's
Increased concerns at board level regarding terrorism and political violence risk is causing businesses to avoid investing in politically sensitive areas or locating offices in large cities, according to Lloyd's.In a new report Lloyd's reveals that over a third of companies avoid investing in overseas markets for fear of political ...
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FSA sets further deadline for TCF
The FSA has reported an increase in commitment by senior management to the principle of Treating Customers Fairly but warned firms who have failed to engage that they face tough action...
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Burgess: PPI market investigation too slow
The Competition Commission is standing by and letting millions of cash-strapped consumers waste money on inflated Payment Protection Insurance premiums...
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Assurant launches in Irish insurance market
Assurant Solutions has entered the Irish insurance market...
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Over 1,500 properties damaged by Kent earthquake
Biba warns SMEs to implement business plans after freak earthquake hits Kent
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Archive
Higos announces West Country expansion
Higos insurance services, of Wells, have bought Mike Deverell insurance services, also based in Somerset. Managing director Mike Deverell commented: “I am pleased we have secured the continuity of service and products by joining Higos. Their high standard of customer care was a primary reason for my decision to join ...
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News Analysis
Cutting a swathe through legal costs
The DCA has proposed far-reaching reforms of the personal injury system, but while generally welcomed critics want more detail. Katy Dowell reports
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News
Swinton extends acquisition drive as profits grow
Personal lines giant Swinton is looking to follow its purchase of commercial broker Vectis Insurance as early as this month, according to its chief executive Patrick Smith.Swinton acquired Isle of Wight-based Vectis last week. "There are a couple we have our eye on and we may be purchasing in the ...
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News
Protectagroup to float after expansion plan
Welsh broker Protectagroup is set to float on the London Stock Exchange after completing an aggressive acquisition drive which will more than quadruple its size.The personal lines broker intends to proceed with an initial public offering (IPO) by 2011 through a main market flotation, which may include the yet to ...
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News
Chubb appoints personal insurance head
Chubb has appointed Paul Chapman as head of personal insurance, following a restructure of its personal lines division. The appointment is the final phase of the overhaul, which will increase the company's regional presence. All underwriting will remain in London.The new role will see Chap-man, former worldwide underwriting manager for ...
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Insurers count the cost of Kent earthquake
Insured losses from the earthquake which struck Kent in the early hours of Saturday morning are expected to result in tens of millions of pounds worth of insurance claims, while homeowners in the affected area face the prospect of higher premiums.At around 8:18am on Saturday 28 April the largest earthquake ...
