New Online Insurance Manager Launched By E-Insurance Directory & Refero
by Elisha Sanders
Story link: New Online Insurance Manager Launched By E-Insurance Directory & Refero
Through a collaboration between E-Insurance Directory and refero, a new insurance policy tool has been brought online. Your Policy Manager allows users from the U.K. and Ireland to look over available policies from providers, as well as sign up for reminders about renewing their own policy and keeping records of their insurance expenditure.
E-Insurance Directory has […]
Legal & General research reveals household financial strain
by Richard Kilner
Story link: Legal & General research reveals household financial strain
Legal & General has conducted research which reveals that the current financial turbulence is having a serious impact on individual spending habits.
The research shows that 82% of Britons are altering their home life to take account of the economic situation.
Many are cutting back on going out, with 39% spending more time at home.
Over a quarter […]
Willis: Power industry underestimating property values by 30%
by Richard Kilner
Story link: Willis: Power industry underestimating property values by 30%
The first Utility Market Update, produced by Willis’ Global Markets International team, has reached a number of key findings.
The report has considered the implications and impact facing the global power industry given the recent market conditions.
Perhaps most importantly, the update reveals that power companies seeking to make a claim could suffer serious damage as […]
RBSI sets bidding deadline as interest wanes
by David Masters
Story link: RBSI sets bidding deadline as interest wanes
RBS has set the bidding deadline for RBSI, its £7 billion insurance business, as the end of this month.
RBSI is the biggest motor insurer in the UK, owning Direct Line and Churchill.
According to analysts, it is worth up to £8 billion, but is unlikely to sell for more than £6 billion due to […]
Heath Lambert launches new Homeline Solutions policy
by Richard Kilner
Story link: Heath Lambert launches new Homeline Solutions policy
Heath Lambert Group has launched a new product under its Homeline Solutions brand, a policy created specifically to address specialist risk frequently rejected by other insurers.
Quotes will be available for risks that fall outside mainstream categories, with examples including subsidence, flood, converted barns, people who work from home (such as dentists) and previous convictions.
Heath Lambert’s […]
Car insurance fraud worth £5m per week
by Richard Kilner
Story link: Car insurance fraud worth £5m per week
The Association of British Insurers (ABI) has released figures which show that over the course of last year, 24,000 fraudulent motor insurance claims were uncovered by insurers.
The fraud was worth a total of over a quarter of a billion pounds, or £5m per week.
The last three years has seen a surge in the number of […]
Willis deal with HRH given go ahead
by Richard Kilner
Story link: Willis deal with HRH given go ahead
Willis Group Holdings Limited has been granted the approval of the US Federal Trade Commission to acquire Hilb Rogal & Hobbs with a shortened waiting period, under the provisions of the Hart-Scott-Rodino Antitrust Improvements Act.
Willis announced its intention to combine both firms back on 8 June, a deal which is now predicted to be completed […]
Aon Risk Services appoints Novak to Washington
by Richard Kilner
Story link: Aon Risk Services appoints Novak to Washington
Aon Risk Services has announced the appointment of Laura Novak to its Washington office, where she will work as an originator.
Novak’s appointment is made to expand the range of services available to clients in the real estate sector.
She joined Aon on 2 June, and brings with her more than two decades of experience in the […]
Marsh bolsters Manchester marine team
by Richard Kilner
Story link: Marsh bolsters Manchester marine team
Iain Brown and Shirley Sutcliffe have been appointed by Marsh as senior placement brokers in its Manchester National Marine Broking Centre (NMBC).
Brown joins from broker Abbott & Bramwell, and earlier in his career served Aon as a marine account director, bringing over 30 years of experience to Marsh.
Sutcliffe leaves behind Aon’s marine broking unit to […]
Ernst & Young appoint Schlich as Global Banking chief
by Richard Kilner
Story link: Ernst & Young appoint Schlich as Global Banking chief
Ernst & Young has announced the appointment of Bill Schlich as leader of the firm’s Global Banking & Capital Markets Practice.
Schlich brings more than two decades of industry experience to his new role, which will make him responsible for the supervision of 14,000 financial services professionals involved in the firm’s largest practice.
Global Banking & Capital […]
Amuso named as Radford’s president
by Richard Kilner
Story link: Amuso named as Radford’s president
Aon Consulting’s Radford Surveys + Consulting, has announced the appointment of Linda Amuso as president.
Amuso has advised senior management and boards for the last 20 years on the development and implementation of pay strategies, with particular regard for the constantly changing business environment.
Fifteen years ago she founded iQuantic and played a critical role in making […]
Transatlantic Holdings’ chairman resigns
by Richard Kilner
Story link: Transatlantic Holdings’ chairman resigns
The chairman of Transatlantic Holdings, Inc., Martin J. Sullivan, has resigned from the board.
Consequently, the board has temporarily elected Robert F. Orlich, presently chief executive officer and president, to serve as chairman on a short-term basis.
Elsewhere, Richard S. Press continues in his role as lead independent director of the firm.
Orlich paid tribute to Sullivan’s time […]
Open GI form partnership with Optilead
by Richard Kilner
Story link: Open GI form partnership with Optilead
Open GI and Optilead, lead optimisation specialists, have reached an exclusive agreement to help brokers bolster their online conversion rates.
Optilead is a real-time platform specifically created for the insurance market as a lead optimisation and management solution.
It permits brokers to follow up online quotes immediately through utilising Open GI’s eBroker and eAggregator simply by using […]
Alan Boswell Group reaches agreement with New World
by Richard Kilner
Story link: Alan Boswell Group reaches agreement with New World
The Alan Boswell Group has reached an agreement with New World Hotel Operations whereby the Group will provide insurance for the firm as they expand their hotel business, operating numerous hotels under the Ramada Encore brand.
Birmingham is to be the site of a 166 room hotel, with New World converting former offices in the NEC.
The […]
DWF appoints 8 in the North
by Richard Kilner
Story link: DWF appoints 8 in the North
DWF has bolstered its presence in the North of England with 8 appointments.
Jennifer Barnes leaves behind Kippax Beaumont Lewis to join DWF in Manchester, where she will serve as solicitor in the corporate team.
Also joining Manchester is Linda Olanipekun who becomes a senior solicitor in the real estate department having left behind Nabarro.
DWF’s Manchester presence […]
Broadspire make raft of senior personnel changes
by Richard Kilner
Story link: Broadspire make raft of senior personnel changes
Broadspire, a third party administrator to employers and insurance companies owned by Crawford & Company, has announced a number of key appointments to improve co-ordination within the organisation, all of which are effective immediately.
Dennis Replogle leaves his post as chief executive officer to assume the role of chairman.
Kenneth F. Martino Jr., presently president, is to […]
Heath Lambert bolsters Risk Retention Practice
by Richard Kilner
Story link: Heath Lambert bolsters Risk Retention Practice
Heath Lambert has announced the appointment of Nigel Godwin as business development director of the Risk Retention Practice.
He joins the Practice from the Major Accounts and Major Financial Professional Group (MFPG) of Heath Lambert, where he served as director.
The move is another step in the bolstering of core divisions following on from the firm’s internal […]
McFadden becomes Lockton’s NY VP
by Richard Kilner
Story link: McFadden becomes Lockton’s NY VP
Lockton Companies has appointed Michael McFadden to the post of executive vice president for the firm’s operations in New York.
He brings 20 years of industry experience to his new role, during which time he has held a broad range of senior positions.
Before joining Lockton he served with Marsh’s Private Equity and Mergers Practice as managing […]
Ecclesiastical bolsters its casualty capability
by Richard Kilner
Story link: Ecclesiastical bolsters its casualty capability
Specialist insurer Ecclesiastical has announced the appointment of Chris Lynwood as technical casualty manager.
Lynwood leaves behind Capita, where he held the same position, to join Ecclesiastical.
He brings over three decades of experience in the insurance industry to his new post, including 10 years spent in the liability claims sector.
In his new role Lynwood will be […]
Open GI’s eBroker expanded
by Richard Kilner
Story link: Open GI’s eBroker expanded
Open GI’s eBroker solution is being extended to permit firms to quote online for schemes beyond the standard Open GI search engines.
In September last year the eBroker was launched as an addition to Open GI’s eCommerce portfolio.
It creates a method to trade over the internet by utilising the firm’s search engines.
Direct data capture is ensured […]
