Online quotes
Northampton-based classic car and motorbike broker MCE has signed a deal to use Misys' OASys e-Quotes web-enabled system.
Newly named CFC
Click for Cover, the Lloyd's underwriting agency, has changed its name to CFC Underwriting.
Beddis move
Beddis & Partners, formerly Beddis Hobbs, is moving to larger premises in central Birmingham.
Stress up
Claims relating to stress in the workplace have increased by 51% since 1995, according to income protection provider UnumProvident.
Absenteeism due to stress is said to result in the loss of 65 million work days every year in Britain, according to the company.
Electronic trading
Sectornet brokers have started trading electronically with the first live commercial product available from its electronic trading arm, iSector. The Property Owners product is aimed at the residential sector, and is underwritten by Euclidian at Lloyd's.
Gresham expansion
Gresham Insurance Brokers has bought the on-going business of CUS, formerly Crowe Underwriting Services. Gresham said this was the first stage of a regional expansion plan.
HGV theft costs
Theft of HGV vehicles costs the insurance industry £500m a year, according to the Motor Insurance Repair Research Centre (Thatcham). Thatcham said over 3000 HGVs were stolen every year and never recovered.
THB shortlisted
Lloyd's broker THB will find out today whether it has won newcomer of the year in the AIM awards.
The award is presented to the best performing company to have joined the alternative investment market (AIM) this year. THB was shortlisted from a list of over 100 companies.
