Web news…

R&SA subsidence claims

Royal & SunAlliance (R&SA) said it would transfer the handling of subsidence claims to two specialist subsidence management companies, InFront Innovation (IFI) and Crawford & Co. The changes will result in around 30 roles being transferred to IFI from R&SA.

First published on 29 June

Macquarie launch

Macquarie Bank is entering the UK business lending market with the launch of specialist services for UK brokers, including lending solutions to finance merger, acquisition and succession planning activities.

First published on 28 June

Open GI signs up broker

Open GI signed a four-year deal with Welsh broker Thomas, Carroll Group, to supply systems to its 90-strong Cardiff headquarters.

First published on 28 June

FSA ICOB proposals

The FSA published a consultation paper proposing to reform the rules firms need to follow when carrying out general insurance business with their customers. The regulator said that for general insurance business, such as household, motor or pet policies, this would means moving to principles and high-level rules, except where detailed provisions are required by EU Directives. First published on 29 June

Quoteline appoints Arc

Arc Legal Assistance was appointed by Quoteline Direct to provide landlord legal expenses and rental guarantee cover.

First published on 28 June

Lockton’s affinity launch

Lockton International launched Lockton Affinity to spearhead its drive into the SME volume and specialist markets.

First published on 28 June