Daily Insurance Industry News
 
 
Daily Insurance Industry News
Monday 23rd of July 2018
May 31, 2010

Time limit suspended for PPI complainants

by Gill Montia

Story link: Time limit suspended for PPI complainants

Consumers complaining about their payment protection insurance (PPI) have been given breathing space by the Financial Services Authority (FSA). The regulator has introduced a temporary rule that allows those who have recently complained about the purchase of a PPI policy more time in which to refer their complaint to the Financial Ombudsman Service (FOS). The […]



May 27, 2010

ABI issues World Cup reminder

by Richard Kilner

Story link: ABI issues World Cup reminder

The Association of British Insurers (ABI) has issued a reminder to the 20,000 English football fans due to travel to the World Cup in South Africa to ensure that they have adequate travel insurance. Director of General Insurance and Health Nick Starling has said that proper insurance is essential for fans travelling to South Africa, […]



Brit Insurance partners Chance to Shine

by Richard Kilner

Story link: Brit Insurance partners Chance to Shine

International general insurance and reinsurance group Brit Insurance has announced a four year partnership with Chance to Shine, the grassroots sports development programme run by The Cricket Foundation. Brit will support the programme’s ten year mission to educate two million children through cricket. The £50m campaign was five years old last week, and celebrated supporting […]



ABI nominate new chairman

by Richard Kilner

Story link: ABI nominate new chairman

Legal & General Group Chief Executive Tim Breedon has been nominated to become the next chairman of the ABI (Association of British Insurers). His appointment will be formalised at the July Annual General Meeting, when incumbent Chairman Archie Kane will step down following a three year term in the post. Breedon has been group chief […]



May 26, 2010

Neocol appointed by HCC International

by Richard Kilner

Story link: Neocol appointed by HCC International

Specialist international insurer HCC International has appointed Neocol to provide a range of Information on Demand solutions to provide the firm with real-time data integration and analytics. With such an appointment HCC can analyse and utilise data far more swiftly, cutting costs and enhancing efficiency. The Neocol solution will allow HCC to deliver a consolidated […]



NetPig Insurance to launch in June

by Richard Kilner

Story link: NetPig Insurance to launch in June

Ian Meyer, formerly the director of Capita Insurance and development director of Hero Insurance, has announced that June will see him launch a new broker, named NetPig Insurance. Also participating in the launch is John Sexton, the internet insurance expert, who brings with Meyer collective experience of decades to the new venture. Initially NetPig Insurance […]



P J Hayman advises checking travel insurance details

by Richard Kilner

Story link: P J Hayman advises checking travel insurance details

Specialist travel insurer P J Hayman has urged travellers to read the small print when taking out travel insurance. There have been a number of serious disruptions to British travellers’ plans recently, most notably the ongoing industrial strife at BA and the intermittent volcanic activity in Iceland. Director Peter Hayman explained that cheap insurance can […]



XL Insurance bolsters Professional Lines team

by Richard Kilner

Story link: XL Insurance bolsters Professional Lines team

XL Insurance has bolstered its Professional Lines underwriting team in London with the expansion of its Financial Institutions team. Emma Knowles formerly worked at Liberty International, as part of the Financial Institutions team where she worked as a senior underwriter. Eve Coen leaves behind Munich Re to join XL Insurance, and also brings experience from […]



May 25, 2010

Britons turn to insurance to cover funerals

by Richard Kilner

Story link: Britons turn to insurance to cover funerals

Research by YouGov SixthSense has shown that one in three Britons has a funeral insurance policy or would contemplate taking one out in the future. The costs of funerals continue to rise ahead of inflation, fuelling an interest in funeral insurance. One in nine respondents indicated that their policy would meet the costs of their […]



Bupa enhances income protection plans

by Richard Kilner

Story link: Bupa enhances income protection plans

Bupa’s income protection plans have been further enhanced to provider customers with even better bespoke protection. Customers will now enjoy a benefit guarantee, which entails the policyholder’s salary being verified at the point of approval and grants them an agreed pay out if they make a claim, even if their situation has since changed. Premium […]



E-certificates welcomed by swiftcover.com

by Richard Kilner

Story link: E-certificates welcomed by swiftcover.com

Online insurer swiftcover.com has welcomed the green light given by the Department for Transport to the electronic car insurance certificate. According to swiftcover, the move will enable motorists to enjoy substantial cuts to the amount of time administration takes, as electronic certificates can be immediately e-mailed to people whose policies have been approved. This means […]



Kwik Fit Insurance to raise funds for Yorkhill

by Richard Kilner

Story link: Kwik Fit Insurance to raise funds for Yorkhill

A quartet of bikers from Kwik Fit Insurance, including Business Development Director Stevie Sutherland, is participating in the 1600 mile Caledonian Bike Challenge around the coast of Scotland. The event, which takes place from 31 May to 4 June, will raise funds to help provide Yorkhill’s Cardiology Department with a new cardiac ultrasound machine. Sutherland […]



Heath Lambert merges divisions

by Richard Kilner

Story link: Heath Lambert merges divisions

Heath Lambert is to commence an expansion into the SME sector by merging the Commercial Affinity and Small Business division (CASB) into its Personal Lines division, Heath Lambert Insurance Services (HLIS). By making such a move CASB will be able to reap the benefit of HLIS’ experience. The new division will then be integrated into […]



May 24, 2010

82 new insurers join Gocompare.com’s panels

by Richard Kilner

Story link: 82 new insurers join Gocompare.com’s panels

Over the last 12 months price comparison website Gocompare.com has added 82 insurance brands to its panels. During the same period the site has seen greatly increased volumes of quotes, a rise attributed to its Gio Compario advertising campaign. So far this year the site has generated in excess of 10 million quotes for insurance. […]



Brit Insurance promotes Cunningham

by Richard Kilner

Story link: Brit Insurance promotes Cunningham

International general insurance and reinsurance group Brit Insurance has announced that Andrew Cunningham has been promoted to serve as head of office for its Gibraltar operations. Cunningham will report directly to the firm’s Netherlands geneal manager, Ferdinand Voskens, who was himself appointed only last week. He assumes his new post with immediate effect, and also […]



Cornish Mutual bolsters Somerset presence

by Richard Kilner

Story link: Cornish Mutual bolsters Somerset presence

Regional insurer Cornish Mutual has announced a brace of new inspectors to cope with increased demand for specialist agricultural insurance advice. Andy Grossey and Joff von Tyszka both joined the firm recently and will enhance its presence in Somerset. Grossey is based in Ilminster and will be responsible for East Somerset, including Yeovil, Somerton, Langport […]



LIU Europe appoints German casualty manager

by Richard Kilner

Story link: LIU Europe appoints German casualty manager

Liberty International Underwriters in Europe (LIU Europe) has announced the appointment of Michael Weesbach as casualty manager for the firm’s operations in Germany. Weesbach joined the firm at the start of May, and is based in Cologne where he reports directly to Dr Wolfgang Weis, branch manager of Cologne and executive officer of Northern Europe. […]



Henderson undergoes Mancunian expansion

by Richard Kilner

Story link: Henderson undergoes Mancunian expansion

Henderson Insurance has announced it is making a number of new appointments, following the recent acquisition of subsidiary UK Credit Insurance Specialists Ltd. Ron Brander and Gayle Connolly are appointed as new business broker and servicing broker respectively. The new staff members join the Manchester office, where UK Credit Insurance staff are presently sharing room […]



May 21, 2010

Brit appoints Netherlands general manager

by Richard Kilner

Story link: Brit appoints Netherlands general manager

International general insurance and reinsurance group Brit Insurance has announced the appointment of Ferdinand Voskens as general manager of its Netherlands head office. Voskens assumes his new position with immediate effect, and will report directly to Commercial Director Peter Goddard. He brings extensive experience in the Dutch corporate sphere to his new role, for which […]



Bike Insurer represents UK at European Awards

by Richard Kilner

Story link: Bike Insurer represents UK at European Awards

Bike Insurer Services Ltd has been named the Country Representative for the UK at the European Business Awards, sponsored by HSBC. The high profile awards will take place in Paris on 16 November 2010 before an audience of political and entrepreneurial high fliers from Europe. The news follows strong growth from Bike Insurer Services, including […]