SSP wins India deal
SSP Holdings has been awarded a contract by United India Insurance company. A consortium of SSP and HP, supported by Microsoft, will provide core insurance IT solutions across the insurer’s entire Indian business. The agreement, initially in place for seven years, will generate SSP approximately $2.4m (£1.2m) extra revenue.
First published 12 December
Mobile Doctors buy
Mobile Doctors acquired medico-legal reporting company Medi-fiche for £1.2m.
First published 12 December
Fitch governance warning
Rating agency Fitch warned that corporate governance, if not adequately implemented and carried out, could be detrimental to the overall health of an enterprise.
First published 12 December
FSA cuts return data
The FSA will simplify and shorten the complaints return and the retail mediation activities return (RMAR) which brokers must complete. The volume of information that firms must report will be reduced by around 80% for complaints and 30% for retail mediation.
First published 12 December
Huxley’s marketing move
Former Axis International director Mark Huxley returned to the insurance sector launching Lamb Creative Marketing, a strategic marketing and design agency specifically for the insurance and reinsurance sectors.
First published 13 December
Clarification
Aon has asked us to point out that it has charged a 2.5% insurer services brokerage on fee-based business since 2001, not as reported last week in “Seeing through broker transparency” (Times2, December 2007).
