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Insurance Age Magazine
Broking,Claims,Legal

• Heath Lambert reappointed by Calthorpe
  Heath Lambert Group has been reappointed as broker to property developer and investor Calthorpe Estates. ...
• Aviva continues disposal programme with UK subsidiary sale
  Aviva has sold HPI Limited to Solera Holdings. ...
• Lloyd's insurer launches new platform
  Canopius Managing Agents, the specialist insurance underwriting business, has merged its two recently-acquired service companies and formed Canopius Underwriting Limited. ...
• CII pulls out of ANZIIF merger
  The Chartered Insurance Institute (CII) Group has decided to terminate the proposed merger with the Australian professional body ANZIIF after a number of financial discrepancies have emerged in ANZIIF’s accounts. ...
• Hastings and Advantage MBO team speak out
  The team behind the management buy out of Hastings and Advantage have spoken of their plans to build the business. ...
• Swinton deal for IAG branches confirmed
  Insurance Australia Group Limited has agreed to sell its "mass market distribution businesses" in the United Kingdom for a total value of £73.5m. ...
• $50bn fraud could hit insurance hard
  JLT has warned that Bernard Madoff's alleged $50bn fraud could potentially have a huge impact on the insurance market. ...
• Aon warns of claims hotspots
  Aon has warned companies to brace themselves for several claims hotspots with fraud on the increase coupled with spiraling legal claims. ...
• FSA opts for market solution to commission disclosure
  The Financial Services Authority (FSA) has decided against mandating compulsory commission disclosure, preferring instead to allow the market to come to its own solution. ...
• Zurich Financial changes name and status in Ireland move
  Zurich Financial Services Group has confirmed that Zurich Insurance Ireland, the group’s Ireland-based European general insurance risk carrier, will be changing its name and incorporation status to Zurich Insurance Public Limited Company (ZIP) with effect from January 1, 2009. ...
• IIB responds to commission disclosure decision
  The Institute of Insurance Brokers(IIB) has welcomed the long-awaited feedback statement from the Financial Services Authority (FSA) regarding transparency and commission disclosure in the commercial market. ...
• IIB slams unlimited compensation awards proposal
  The Institute of Insurance Brokers (IIB) has voiced strong opposition to unlimited compensation awards as part of its response to the Financial Services Authority (FSA) consultation paper - Financial Services Compensation Scheme (FSCS): review of limits. ...
• Lloyds TSB introduces monthly PPI product
  Lloyds TSB will launch a new payment protection insurance (PPI) product for personal loan customers in January 2009. ...
• Aon Benfield places Olympics cover
  Aon Benfield has completed the cancellation and abandonment insurance programme for the 2014 Winter Olympics in Sochi. ...
• Arista in Manchester move
  Arista Insurance has promoted Jim Morrison to the position of regional underwriting manager for the North west. ...