Unum policies deal
UnumProvident has signed a deal with Swiss Life (UK) to acquire its creditor insurance and critical illness renewal rights.
Subject to regulatory approval, UnumProvident will inherit 280,000 creditor policyholders and
1.3 million critical illness policyholders. Munich Re will assume a 50% quota share reinsurance arrangement with UnumProvident.
Zenith EDI offering
Zenith has made its motorcycle policy available with full-cycle EDI on the Misys Biker Writer quote engine.
Nash repair savings
Motorcycle intermediary Carole Nash claimed it has cut the cost of accident repairs by 13% since it launched an in-house repair centre and approved repairer network.
Claims solutions provider Audatex has joined forces with software house ClaimWatch to launch a system that enables car repair bodyshops to communicate repair data to motorists.
New Sirius user
Hall and Clarke Insurance Brokers has gone live with Sirius Financial System's Sirius for Broking software.
Highway web entry
Broker-only motor insurer Highway has struck a deal with insurE-com to add its Choice EDI motor product to the intermediary portal.
£10m ATE recovery
Access to Justice, the company formed from Litigation Protection and Greystoke Legal Services, said that solicitors using ATE policies have recovered £10m in damages during July.
Bermudian insurer Endurance Specialty Holdings has secured a $500m (£310m) letter of credit facility.
Ecclesiastical Insurance has appointed five managers for its seven new regional underwriting centres.