Capita
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
Insurers facing £38.6m ARP cash call
Solicitor’s professional indemnity qualifying insurers will have to pay £38.6m to fund the assigned risks pool this year.
Capita Managing Agency to manage new run-off
Capita Managing Agency has been approved by Lloyd’s to manage a newly created run-off syndicate at Lloyd’s, 2255.
Solicitor ARP audit after cover under-reporting
Solicitors' professional indemnity insurers could escape an increase in their exposure to the assigned risks pool following an audit of their premiums.
Capita secures contract extension with Ascot
Capita Commercial Insurance Services has secured a five-year contract extension to run risk capture, aggregations and pre-bind checking services for Lloyd’s managing agent, Ascot Underwriting.
National Dental Plan names new MD
Capita-owned National Dental Plan has confirmed Andrew Bower as its new managing director.
Capita insurance boss promoted to board in shake up
Vic Gysin, the divisional director for Capita's insurance and investor services division, has been appointed to the group board as part of shake up.
Capita Consulting announces third key appointment
Capita Consulting has announced the appointment of Andrew Reader as a principal consultant within the newly created financial services practice.
Capita lands Virgin Money contract
Capita Insurance Distribution has agreed a five-year contract to deliver the administration of home and motor policies for Virgin Money.
Career development & CSR news: Lloyd's launches bursary to help Tower Hamlets students
Lloyd's is seeking to ease the financial burden for university students with the launch of a new bursary scheme to help students in Tower Hamlets afford to continue their higher education.
Broking review of the year: A breakdown in momentum
2010 was a fairly low key year for the broking market, as the sector kept a low profile during the financial turmoil. Daniel Dunkley reports on the opportunities that were taken up and deals made.
Solicitors PI firms in the firing line as SRA begins ARP audit
A number of solicitors' professional indemnity insurers may see their declared premiums uplifted amid concerns cover was under-reported to avoid exposure to the assigned risks pool.
Claims supplement: The faces of the new revolution
Claims are often said to be the shop window of the insurance industry, but with many firms stuck with legacy issues do new entrants have the greatest advantage when it comes to innovation. Stephanie Denton approached firms across four distinct sectors —…
Claims supplement - London Market Modernisation: We've come a long way
The introduction of the electronic claims file system has modernised the way the London market handles losses. Jane Bernstein reports on where these advances may lead next.
SRA to audit PI insurers
The Solicitors Regulation Authority has revealed that it will audit qualifying solicitor’s professional indemnity insurers.
Capita research reveals PPI interest
Almost 30% of people who have cancelled or are considering cancelling their payment protection insurance would consider buying a replacement policy, research by Capita has revealed.
Capita acquires First Assist Services
The Capita Group has announced that it has acquired First Assist Services for a cash consideration of £12.5m on a cash-free, debt-free basis.
Aviva hires ex-Capita man Briggs
Former Capita Insurance Services chief executive Matthew Briggs has returned to the market to take up a role in Aviva's claims division.
Interview - Andrew Homewood: A developing role at the CILA
With 35 years in the industry, new CILA president Andrew Homewood is well placed to guide the institute through an important phase in its development. Leigh Jackson finds out his plans for the organisation.
Jelf goes on front foot as it unveils new board
Jelf Insurance chief executive Phil Barton has unveiled a new look executive board to replace its previous "dysfunctional" model.
Legal Assistance Direct launches out of Capita acquisition
Legal Assistance Direct has confirmed its entrance to the insurance market following the acquisition of Capita Assistance legal helpline business.
Capita names new commercial MD
Capita Insurance Services has appointed Derek Henry to the role of managing director of Capita’s commercial insurance business.
Capita Consulting launches financial services practice
Capita Consulting has launched its new financial services consulting practice, appointing Tony Tarquini, formerly head of financial services at Celerant Consulting, to head up the new operation.
UK-Indian traing relations: A passage to India
The UK has long looked at India as a trading partner, especially its outsourcing sector. Following a recent visit by a delegation led by the Prime Minister, Daniel Dunkley looks at how the insurance industry is building its own links with the country.