Rise in PMI subscribers
For the first time in recent years, the number of subscribers to personal private medical insurance (PMI) policies grew year-on-year. ABI figures show that in 2006, 1,030,000 people had personal PMI policies, an increase of 1.8% from 1,012,000 in 2005.
First published on 13 June
ECIC launches division
The Electrical Contractors’ Insurance Company (ECIC) is expanding its operations with the launch of a specialist underwriting division focusing on the SME market. The service will be available exclusively via brokers, through the Facilitas internet cover and quotation system.
First published on 13 June
Hyperion chief triumphs
David Howden, chief executive and founder of the Hyperion Insurance Group, was awarded the Ernst & Young London region Business 2 Business Entrepreneur of the Year Award 2007.
First published on 15 June
Arc wins AXA account
Arc Legal Assistance has been appointed as sole manager and administrator of AXA Insurance’s personal legal expenses account.
First published on 18 June
New QuestGates directors
Loss adjuster QuestGates strengthened it senior management structure with the appointment of three new board directors.
First published on 22 June
Foreign vehicle crash rise
The Motor Insurers Bureau said between 2004 and 2006 claims involving foreign vehicles rose from 17,032 to 19,621. Accidents involving vehicles from Poland, Slovakia, and Lithuania have all seen significant increases.
First published on 22 June