Broker

Risk report attacks industry failures

The insurance industry's failure to make significant changes to the "deficient" commercial lines sector has been "wholly unacceptable", according to research firm Mactavish.

Postbox: Time to revisit underwriting essentials

I have worked in underwriting for more than 20 years and, while technology has massively increased the array of tools we have available to underwrite risk, it's frightening to realise how few improvements have been made to the professionalism of our…

Axa prepares to scrutinise customer claim behaviour

Axa is looking into using the Claims and Underwriting Exchange to check prospective household customers' claims experience before it quotes for business, as part of its plan to manage claims costs within this portfolio.

Court dismisses Towergate application

A high court judge has dismissed an application from Towergate Underwriting for a pre-action disclosure against Lorica Insurance Brokers and ordered it to pay costs amounting to £17 000.

Biba stands firm on call for FSCS funding changes

The British Insurance Brokers' Association has reiterated its call for a change to the Financial Services Compensation Scheme funding rules before April 2012, after an MP warned the final figure for payment protection insurance mis-selling compensation…

AIS marks first anniversary of motor deal

Ageas Insurance Solutions has celebrated the first year anniversary of its three year deal with Aioi Nissay Dowa Insurance Company of Europe Ltd regarding the provision of motor insurance to Toyota PLC’s 1.3 million UK Toyota and Lexus customers.

Bluefin appoints new CFO

Bluefin Insurance Group has announced the appointment of Robert Organ as Chief Financial Officer replacing Ian Story who is stepping down in April.

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