Daily Insurance Industry News
 
 
Daily Insurance Industry News
Tuesday 06th of January 2009
November 28, 2007

The Insurance Partnership Continues Expansion

by Stewart Douglas

Story link: The Insurance Partnership Continues Expansion

The Insurance Partnership has today announced it has appointed a new commercial account executive in the form of Mike Ratcliffe in the latest of several high profile appointments at the insurance firm.
The Insurance Partnership, having undergone an extensive programme of expansion over the last few years, have announced today that Chartered Insurance Institute associate Mike […]



November 27, 2007

Brit Insurance names new North American Underwriter

by Richard Kilner

Story link: Brit Insurance names new North American Underwriter

Brit Insurance Holdings has named Clive Moore as its North American Professional Indemnity Underwriter, taking up the role on 28 November 2007.
Moore has had a long career in the industry, having worked in the London Markets and Lloyd’s since 1974. He specialises in in professional liability in USA for many professions, such as Lawyers and […]



Aon eSolutions impresses client so much she joins the firm

by Richard Kilner

Story link: Aon eSolutions impresses client so much she joins the firm

Ilka McHugh has been named by Aon eSolutions as its new sales manager for EMEA.
Formerly she had enjoyed a stint of several years as head of corporate insurance management for Panalpina, a Swisss logistics firm that also happens to be one of Aon’s clients.
During her time with the Swiss firm she saw through the […]



Ratcliffe named as Insurance Partnership’s newest executive

by Richard Kilner

Story link: Ratcliffe named as Insurance Partnership’s newest executive

Mike Ratcliffe has been appointed by the Insurance Partnership as their new commercial account executive.
Previously Ratcliffe has worked as a claims investigator and commercial account executive. He is also an associate of the Chartered Insurance Institute and has over 25 years of experience in the financial services industry.
He has expressed his delight at joining the […]



LV overhauls Income Protection range

by Gill Montia

Story link: LV overhauls Income Protection range

Liverpool Victoria (LV), the UK’s largest friendly society, has overhauled its award winning income protection product range.
The improvements are aimed at simplifying products and making them more attractive to both financial advisers and their clients.
The main enhancements to cover are as follows: a simplified approach to business mileage; enhanced rates for teachers and dentists; improvements […]



November 26, 2007

Europa and iprism Tie Up Strategic Agreement

by Stewart Douglas

Story link: Europa and iprism Tie Up Strategic Agreement

Internet-based comparative quote service iprism has today announced it is to increase its reach into the mainstream insurance market through a distribution deal agreed today with Europa’s 1500 strong broker network.
iprism announced today that it had secured a strategic deal with Europa that will enable it to promote services down Europa’s expansive broker network as […]



AXA Launches Small Professionals Lines

by Stewart Douglas

Story link: AXA Launches Small Professionals Lines

Insurer AXA has today announced the creation of two new types of insurance cover, targeted to those small businesses operating without their own premises, in a bid to capitalise on the growing small business market.
The two new product lines will be fully automated, and encompass over 450 different small business trades which the company is […]



UK has £74bn of gadgets

by Richard Kilner

Story link: UK has £74bn of gadgets

First Direct has revealed that Britain’s love affair with gadgetry is stronger than ever, with over £74bn worth of gadgets currently owned and that figure is predicted to grow massively following Christmas.
More than 400 million gadgets are installed in homes through the UK, which, as an average, means 16 per household. The latest generation of […]



Car insurance premiums higher for the famous

by Richard Kilner

Story link: Car insurance premiums higher for the famous

Research conducted by elephant.co.uk has revealed that although millions aspire to the status of celebrity, the reality of being one is not great for car insurance premiums.
From now on ‘celebrity’ will be available as an occupation option on the website, to try and correctly categorise the large and growing number of people who acquire fame […]



Willis appoint new CEO for Continental Europe

by Richard Kilner

Story link: Willis appoint new CEO for Continental Europe

Flavio Piccolomini has been named by Willis Group as the CEO for Continental Europe, which presently has approximately 2,000 associates.
Formerly Piccolomini served as CEO for the Group’s Italian operations, Willis Italia Spa. He will be succeeded as head of Italian operations by Guido De Spirt.
In his new role he will be responsible to Milan-based Allan […]



Willis: Professional And Liability Rates Slashed

by Stewart Douglas

Story link: Willis: Professional And Liability Rates Slashed

Insurance premium costs across Directors’ & Officers’ liability lines have fallen to some of their lowest rates in seven years, according to the results of a survey published today by London insurers Willis.
According to the Willis’ Financial Executive and Professional Risks Division pricing index premiums for Directors’ & Officers’ liability cover had fallen to similar […]



Fortis Signs Up TO Unisure Panel

by Stewart Douglas

Story link: Fortis Signs Up TO Unisure Panel

Insurer Fortis has today revealed it has signed up to the Uinsure home insurance panel. Fortis is the fourth member to sign up to the body, designed to present greater communication options between brokers and insurance operatives, and to provide enhanced policy distribution strategies.
Fortis today announced it has signed an agreement with Uinsure making it […]



Aviva partners Bank Zachodni for Polish expansion

by Gill Montia

Story link: Aviva partners Bank Zachodni for Polish expansion

Aviva plc, the global insurance and investment group, has entered into an exclusive 15 year partnership with Bank Zachodni WBK (”BZ WBK”), the Polish bank.
Under the agreement, BZ WBK will sell insurance products throughout its extensive network in Poland.
Two joint venture companies will be established, with one specialising in life insurance and the other in […]



November 23, 2007

Aon Re forms new RVI team

by Richard Kilner

Story link: Aon Re forms new RVI team

A dedicated residual value insurance (RVI) centre of excellence will be established by Aon Re Global, the firm announced this week.
The RVI will be based in London and run by Martin Welsh and Robert Prince, who will focus exclusively on the RVI business.
RVI is a tool that has a number of uses. It can be […]



Centor appoints Graeme Whittle to its commercial development team

by Richard Kilner

Story link: Centor appoints Graeme Whittle to its commercial development team

The growth of Centor continues, as the firm appoints Graeme Whittle as a senior account executive for the commercial development division.
Whittle is a man of extensive experience, having spent a career of over 30 years in the financial services industry.
In his new role, he will be responsible with both expanding and improving the firm’s technical […]



Ntegrity appoints new director and account executive

by Richard Kilner

Story link: Ntegrity appoints new director and account executive

The drive for expansion at newly formed Ntegrity Professional Indemnity continues apace, with the firm appointing two new key roles.
A new director has been named as David Gleeson, who joins the firm from Lockton.
He described the firm’s emphasis on the customer and innovation as attractive aspects which drew him to the firm, also saying that […]



Zurich Announce Experian Partnership

by Stewart Douglas

Story link: Zurich Announce Experian Partnership

Personal lines insurer Zurich has today announced a strategic development deal with information services group Experian that will see it overlook the company’s marketing campaigns over the course of the next year, particularly within its home and motor cover products.
The agreement will see Experian, best known for its credit rating information services, assist Zurich through […]



November 22, 2007

Geldof To Headline BIBA 2008 Keynotes

by Stewart Douglas

Story link: Geldof To Headline BIBA 2008 Keynotes

The British Insurance Brokers’ Association has today announced its itinery of guest speakers for its upcoming 30th annual conference in Glasgow to take palce in 2008, including several notable keynote speech prospects including figures from a vairety of political and cultural backgrounds.
Amongst some of the more notable speakers to address the BIBA conference are former […]



HIPs to become mandatory for every sale

by Richard Kilner

Story link: HIPs to become mandatory for every sale

Every property in England and Wales from 14 December will be required to include a Home Information Pack (HIP), the government has stated.
The HIPs have been in effect since September of this year, but only for three and four bedroom houses.
The government claims that first time buyers will benefit by the increased usage of HIPs, […]



Homeowners not protecting themselves against winter weather

by Richard Kilner

Story link: Homeowners not protecting themselves against winter weather

Cornhill Direct have conducted a survey of 1,000 people which reveals homeowners are putting themselves at substantial financial risk by failing to protect their homes against adverse winter weather.
The insurer points out that the cost of a single pipe bursting can be as much as £3,500.
The survey shows that 43% of respondents have no lagging […]