International general insurance and reinsurance group Brit Insurance has announced the appointment of Tom Taylor as Liability Portfolio management underwriter in the firm’s London office. Taylor assumes his position with immediate effect and is directly responsible to Jamie McNab, UK Portfolio manager for Liability. He joins the firm from RSA, where he held numerous liability [...]
A-Plan has opened a new branch in Poole, Dorset. The move follows a line of openings since December of last year that has seen branches spring up in Maidenhead, Wimbledon, and Salisbury. The independent intermediary has a couple more branch openings on the drawing board, both within its current geographical footprint. Commenting on the firm’s [...]
RSA has expanded its Renewable team with the appointment of Soledad Vitale as a Renewable Energy underwriter. The group now has three such underwriters, providing clients with a dedicated resource for advice and cover. Previously working for Marsh’s Argentinian operations, Ms Vitale moved to the UK to take up a post as underwriter for Construction, [...]
SunGard has created a new enterprise risk management (ERM) framework that will help support insurance companies’ with Solvency II (SII) compliance. Working in partnership with Microsoft and HP, the US technology firm says it has identified and packaged components and services that can define and implement a ERM technology framework that supports SII requirements. The [...]
Royal Bank of Scotland (RBS) is consulting with potential advisers on the future of its insurance business, which includes Direct Line, Churchill, Green Flag and NIG. The outlook for the business has been uncertain for the past couple of years, the division having been put up for auction in 2008 with a price tag of [...]
Independent insurance broker and adviser Heath Lambert has won the Commercial Lines Broker of the Year award at the British Insurance Awards. In December last year the firm won the Commercial Lines Broker of the Year Award 2009 at the Insurance Times magazine awards, demonstrating its continuing excellence with consecutive awards for its commercial lines [...]
Travel insurance policy gaps are being successfully filled by ProtectMyHoliday.com, the financial protection website. Defaqto has recently found that more than three quarters (77%) of travel insurance products do not provide financial protection, leaving travellers exposed should airlines and other travel-related firms become insolvent. The CAA does provide ATOL Protection, but this is only applicable [...]
CETA Insurance has selected Jacksons Claims Group to provide CETA’s policyholders with its Claims Assist service. Current policies are augmented by Claims Assist managing claims made from the beginning to the end of the process, with all policyholders eligible to benefit regardless of the scale or type of claim involved. CETA Managing Director David Quick [...]
AXA and the RSPCA enjoyed a joint success at the Business Charity Awards, when they scooped the Affinity Marketing Award in recognition of the RSPCA Pet Insurance product. The two organisations began collaborating four years ago, working together to create a product to protect pet owners against unexpected illness and vet fees. The product also [...]
Global specialty insurer Torus has announced the appointment of Adrianne Vigueras as a new vice president, tasked with the development of new bespoke environmental products aimed at SMEs in the US. She brings a quarter of a century of experience to her new position and before joining Torus managed her own consultancy firm, CEC Consultants. [...]
The average cost of comprehensive car insurance rose by 14.2% in the second quarter of 2010, compared with increases of 4.3% and 6.3% in the two previous quarters. According to the Confused.com/EMB Car Insurance Price Index, £74 was added to the average premium in the three months to the end of June, with an annual [...]
Fortis Insurance UK enjoyed a good night at the 2010 British Insurance Awards, hosted at the Royal Albert Hall, winning a quartet of awards. The firm won the Customer Care Award for the quality of service it provides long-term partner Age UK’s 400,000 elderly customers. Its service to its customers is rated as exceptional, and [...]
Aon Corporation has agreed a merger with HR consulting and outsourcing firm, Hewitt Associates, in a $4.9 billion cash and shares deal. Hewitt will merge with a subsidiary of Aon and be integrated into the group’s existing consulting and outsourcing operations under a newly created Aon Hewitt brand. The firm’s chairman and chief executive officer, [...]
The European Commission (EC) has released a new Green Paper which advances the case for more development regarding cross-border pensions schemes, according to global professional services company Towers Watson. Towers Watson Senior International Consultant Paul Kelly explains that whilst the Green Paper also deals with Solvency II and state pension ages it does mark an [...]
Open GI, the broker solutions provider, has announced the appointment of Sean Garfield to the post of product specialist. Garfield was previously a training consultant for the firm and brings more than a decade of experience in the sector to his new post, including two years with Open GI. The firm is expanding its Product [...]
Independent insurance broker and adviser Heath Lambert has won the general insurance business of Pace plc, the biggest supplier of set top boxes to the PayTV industry in the world. More than 120 PayTV operators across the globe are supplied by Pace plc, and the firm won the 2010 Queen’s Award for International Trade. Damien [...]
The Law Commission and Scottish Law Commission, which are conducting a joint review of insurance contract law, are currently considering the insured’s post-contract duty of Good Faith. As insurance contracts are said to be based on mutual duties of good faith, commissioners have been looking at how these duties work after the contract has been [...]
The world’s largest independent global wholesale and reinsurance broker has been created, following the completion of the merger of US independent wholesale broker, Swett & Crawford, and Cooper Gay, the London-based wholesale, reinsurance and specialist retail insurance broker. The companies have come together under a new group holding company, Cooper Gay Swett & Crawford Ltd. [...]
Caravan Guard reckons caravan owners are holding on to their vans for longer and has extended its “new for old” cover limit from five to 15 years in response. According to the specialist insurer, changes of caravans have been down 47% in the last year, compared with the previous 12 months, probably as a result [...]
