Crawford & Company UK has announced that it is widening the range of healthcare and rehabilitation services available through its Broadspire brand. Broadspire UK was launched last year, and offers bespoke TPA (third party administration) solutions. Broadspire had already operated in the US for many years, employing 2,500 employees and generating Q1 revenue of $74.6m. [...]
Liberty International Underwriters Europe has announced the appointment of Andreas Ofner as the firm’s new Construction senior underwriter. In his new position Ofner will be based in Paris and work to build up a local book of construction in France, as well as collaborating with various other LIU construction offices throughout Europe. For the last [...]
AXA Insurance has named Tony Hutchins as the firm’s new head of Property Insurance, bolstering AXA’s underwriting capability. Hutchins joins the firm from Allianz Commercial where he served as the UK leader of Property and Risk Control. In his new role with AXA he will be tasked with the development of the firm’s Commercial Property [...]
International health insurance specialist, ALC Health, has launched an online quote-and-buy facility accessible via its website. Visitors to the site, including intermediaries, are able to buy international private medical insurance instantly by completing the online form and paying with a credit card. The firm claims to be one of only a few companies in its [...]
The Chartered Insurance Institute (CII) is to support Career Academies UK, which works to raise the aspirations of 16 to 19-year-olds studying a Level 3 qualification. The national charity is currently engaged with over 800 employers of all sizes and sectors and more than 120 schools and colleges across the country. In its new role, [...]
AXA has confirmed that it is in discussions with life insurance consolidator, Resolution Ltd, regarding the potential sale of part of its UK life & savings operations, for £2.75 billion. The deal would involve AXA retaining its Wealth Management and Direct Protection units while offloading the remainder of its UK life & savings business. The [...]
The Co-operative Insurance has commissioned research which shows that more than two out of five parents are illegally fronting their children’s car insurance, in the knowledge that it is against the law. Fronting is defined as a higher risk driver (in this case a young driver) being added as a named driver to the policy [...]
Trade Protector Plus, a fully autorated tradesman liability product, has been released by Evolution Underwriting Limited as part of its Stingray trading platform. Groupama Insurances underwrites the product, which offers a creative new referral system, enabling Evolution to make faster decisions regarding risks that do not meet typical underwriting criteria. Paul Upton, of Evolution, explained [...]
New research from Defaqto suggests that women motorists are more concerned than men that their insurance policy covers the cost of replacing car locks in the event of keys being lost or stolen. The study also reveals that 24% of policies do not include cover for locks under such circumstances. Furthermore, where cover is provided [...]
Hughes Insurance, one of Northern Ireland’s leading brokers, has extended its relationship with Open GI. The four-year deal involves solutions that will drive up productivity across the company’s 200 plus staff and automate many routine processes. The move forms part of a long-term growth strategy with a focus on e-commerce and SME business that will [...]
Fortis Insurance has opened a second office in Tollgate, Chandlers Ford to handle the firm’s increasing growth and expanding workforce. Fortis, which already has more than 1,000 employees in Tollgate, has acquired office space in Turnpike House, opposite its current offices. The new office follows the announcement that the firm is to hire a further [...]
Specialist loss adjuster QuestGates has announced that it is bolstering its Liability team with a trio of new appointments following a recent surge in growth. The newly created post of liability services manager is filled by Clive Roberts, who joins the firm after spending more than three decades with AXA in a number of senior [...]
Heath Lambert (Leeds) has announced that John Dakin, head of office in Leeds, has joined the newly formed Heath Lambert national corporate team, handling large Yorkshire accounts and fostering corporate relationships in the region. Following this, David Fryer has been appointed to succeed Dakin as head of the Leeds office, a year and a half [...]
A leading UK think tank is calling for radical reforms in the savings market. In a new report from the Centre for Policy Studies, savings and pensions analyst, Michael Johnson, recommends changes that would bring ISAs and pensions closer together. He suggest that “fluidity” between ISA and pension savings could be improved by combining pre-retirement [...]
Zurich is reported to be talking to the Financial Services Authority over plans to relocate its European life assurance headquarters to Dublin. The group is said to be weighing up the tax benefits of such a move and according to The Independent, its operations in Swindon and Cheltenham would not be affected. In other Zurich [...]
The Mutuelle Générale de l’Education Nationale (MGEN), France’s largest supplementary insurance company, has chosen SAS® OpRisk Monitor software to optimise its operational risk management. It was two years ago that MGEN began to assess its operational risk program with a view to bolstering internal monitoring and meet new EU regulatory requirements, such as Solvency II. [...]
Parhelion Underwriting, risk specialists in carbon climate and alternative energy, has announced the appointment of Stuart Burchell as Renewable Energy underwriter. Prior to joining Parhelion he spent seven years with Lloyd’s broker Windsor Partners where he established and ran the Renewable Energy insurance facility. He also worked for Ascot Syndicate in the Spanish office as [...]
Direct Group has enlarged its travel claims operation following its appointment by FirstAssist Insurance Services Ltd to handle FirstAssist’s travel claims. Direct Group Travel Services handles travel claims for a number of major firms, offering high quality customer service and excellent management of indemnity spend. Direct Group Chief Executive Derek Coles has expressed his delight [...]
Over 50s insurer Staysure.co.uk has targeted the ever growing ex-pat community in Europe with a range of new products, including home, health and travel insurance plus pre-paid funeral packages. The firm is the only insurer offering over 50s products aimed specifically at ex-pats residing in Europe, and hopes that the move will help it double [...]
