Business technology services provider Avanade has announced the launch of its new CRM for Insurance IndustryTM solution. The new solution takes information from multiple system and consolidates them into Microsoft Outlook or a Web browser, creating a holistic view of each customer. Global Technologies & Solutions Executive VP Aziz Virani has stated that the new [...]
As the wedding season begins, Defaqto has included wedding insurance in its Star Ratings reports of financial products. The firm’s analytical minds examined more than 80 products and gave each one a Star Rating ranging from 1 to 5. The average wedding costs £20,000, making insurance an important aspect just in case any crucial supplier [...]
Bridge Insurance Brokers Limited has announced the appointment of Daniel Stockley to the post of head of Sales. Stockley has been with the firm since 2008, when he first joined as a business development executive. In response to his promotion Stockley has expressed his eager anticipation of the challenge ahead, and paid tribute to his [...]
The latest Confused.com/EMB Car Insurance Price Index shows the cost of car insurance rising by a further 4.3% in the first three months of the year. The average quoted premium stood at £524 at the end of March, an increase of £66 or 14.3% over the past year, and £21 in the first quarter of [...]
Aviva is proposing changes to its UK staff pension arrangements for employees of both Aviva and the group’s RAC business. The insurer has been reviewing its pension commitments in light of the future funding requirements, and wants to switch 7,600 staff from final salary benefits to money purchase arrangements, from 1st April 2011. Under the [...]
Hiscox, the specialist event insurer, has issued advice to organisers concerned about the possible impact of the volcanic ash cloud on their events. The firm advises organisers to immediately contact their insurer, who can help provide guidance as to the best course of action. Money is also vital, and organisers are recommended to find out [...]
Henderson Insurance Brokers has announced that it has appointed Gordon Brain to the post of group broking director. Brain, who is to be based at the firm’s head office in Leeds, joins the firm from Bluefin’s Harrogate office and brings with him more than a quarter of a century of industry experience. Brain explained that [...]
Travellers unable to make their planned journeys due to the volcanic ash cloud and those who are stranded overseas due to the same reason have been reassured by Direct Travel Insurance’s statement that the firm will cover relevant claims. Although many insurers are not providing coverage, Direct Travel Insurance has chosen to consider the ash [...]
Henderson Insurance Brokers, the commercial insurance specialist based in Leeds, has acquired local independent financial advisers, Denney O’Hara (Life and Pensions) and Denney O’Hara. Established in 1966 Denney O’Hara specialises in advising employers and their employees how to make the best use of pensions and employee benefits legislation. The purchase has been made for an [...]
Aviva has appointed Pierre-Emmanuel Lefebvre as deputy director of strategy and development. The thirty-year-old, who holds a degree in international strategy from the ESSEC business school in Paris, began his career with Barclays in 2003, ending up as special assistant to the chairman of Barclays France. He joined Aviva in 2009 as secretary and co-ordinator [...]
Defaqto has been studying the recommendations contained in a recent paper on the long-term care funding crisis, and is asking whether the insurance industry is up for the challenge? “Long Term Care of the Elderly: Shaping the Future” is the work of a cross-party group of MPs that proposes a private-public partnership between government, individuals [...]
Catlin has acquired Colchester-based Angel Underwriting, which is to become one of its new owner’s region offices. Angel was established in 2004 as a specialist underwriting agency offering cover for Professional Indemnity and Directors’ & Officers’ liability. The firm has been underwriting business as a coverholder on behalf of Catlin UK for several years and [...]
With the Masters at the weekend, most golfers’ minds will be concentrated on the game rather than insurance. Independent research company Defaqto has advised golfers to examine their home and car insurance policies to ensure that their clubs are adequately covered. Insight Analyst Mike Powell has stated that, typically, comprehensive car insurance provides limited protection [...]
Newly established specialist London broker Gibbs Hartley Cooper has announced the appointment of Garry Taylor to the post of property practice leader. The firm has stated that hiring Taylor is indicative of its ambitious plans for future growth and the confidence Taylor himself has in establishing the firm as a leading broker for third party [...]
Engineering specialist insurer HSB Engineering Insurance Limited has announced a pair of development executive appointments to help increase its Midlands presence. Gail Voyle brings more than a decade of experience in business development to HSB, and formerly worked for AXA and RSA. In addition to this, she is versed in underwriting and claims, and hence [...]
Long Bay Re has announced its intention to float on AIM. The newly-established Class 3 reinsurer is a private company incorporated under Bermuda law. It has been formed for the sole purpose of providing fully collateralised reinsurance cover for a select portion of the catastrophe risk portfolio of certain members of the Catlin Group. The [...]
Cullum Capital Ventures (CCV) has acquired Paul Scully Insurance Brokers. The latest broker to join the CCV group is based in East Sussex and has personal lines business as its main focus. The firm will be retaining both name and premises but will unite with existing local CCV business, Crawford Davis. Founder Paul Scully is [...]
Groupama Insurances has added to its private motor team with the appointment of Ian Pritchard as development underwriter. Pritchard will be tasked with focusing upon all aspects of private motor insurance and will report directly to Andrew Fletcher, the head of private motor at Groupama. He joins the firm from Capita Insurance Distribution, where he [...]
Insurance broker and risk adviser Marsh has announced that it is responding to increasing demand by bolstering its specialist risk and insurance services in Maidstone. The firm has appointed former Willis employees Steve Adams and John Bellingan to spearhead its South East business development strategy and client services. Adams has spent over three decades in [...]
David Croom-Johnson, a leading energy insurance underwriter, has expressed his embarrassment at the over-capacity and over-broking in the energy sector. Croom-Johnson, AEGIS London’s chief underwriting officer, spoke at the AEGIS London energy conference in Prague and said that the feast or famine culture caused volatility and uncertainty for customers. He added that over-capacity created instability [...]
