ERS
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
ERS adds chief risk officer Ryan to the Board
Ryan Warren is to join ERS as chief risk officer and as a director of the Equity Syndicate Management Limited Board.
ERS puts 380 staff on notice as it targets 90% COR
Specialist motor insurer ERS today put 380 staff on notice of redundancy ahead of the closure of its Brentwood office.
Credit hire firms tipped to focus on repair costs following landmark ruling
The Court of Appeal ruling on credit hire costs for pecunious claimants will trigger an increase in exaggerated credit repair costs, according to market commentators, who have warned the judgment is not as wide-reaching as insurers might hope.
Landmark judgment on credit hire sees court adopt “lowest reasonable rate” approach
A Court of Appeal’s judgment today has been hailed as a major breakthrough for insurers, putting a stop to the inflated rates that credit hire organisations have been allowed to charge in recent years.
ERS reports first full-year profit in five years
ERS has reported a full calendar year profit for the first time in five years, a £28m improvement year-on-year.
ERS recruits Innovation Group to manage repair and engineering network
Motor Insurer ERS has inked a three year deal with Innovation Group that will see the claims specialist manage its repair and engineering network for cars, light and heavy commercial vehicles.
ERS swoops for Rees to head underwriting fraud
ERS has appointed Linda Rees as underwriting fraud head as it looks to expand its anti-fraud measures.
Insurers warned over SSL phoenix company as ex-staff hit out at former bosses
Former insurer clients of defunct loss adjusting firm SSL have been warned to avoid phoenix company Artemis amid criticism of the company directors’ business practices.
Quindell's Moorse sees share deal terminated
Quindell group finance director Laurence Moorse has failed to meet margin call on the controversial share purchase agreement with Equities First Holdings.
CPP seeks capital injection as it restructures balance sheet
Credit Card insurer CPP has received interest from investors to inject £9m of new equity into the business as it looks to restructure its balance sheet after paying out £1.3bn compensation to customers who were mis-sold insurance.
Research: State of the Broking Nation Part 1: Insurers
A warts-and-all qualitative view from the broking market
ERS owner Aquiline splurges on US adjuster
Private equity house Aquiline Capital has announced a deal to buy one of the largest independent claims adjusters in the United States.
ERS hires ex QBE casualty claims head
Non-standard motor specialists ERS have appointed Donna Willis as head of personal injury claims.
ERS reports profit for first time since 2009
Insurer ERS has recorded a half year profit for the first time since 2009 improving its 2013 Q2 result by £25m.
ERS recruit from Rural for business development pair
ERS has picked up a pair of business development executives from Rural Insurance, with responsibility for Scotland and the North East.
Axa motor boss Byford to head up retail underwriting at ERS
ERS has hired Axa’s head of motor personal lines intermediary Jon Byford to head up retail underwriting at the broker-only motor insurer.
ERS to launch two motor products at Biba conference
ERS is launching two new motor solutions at the Biba 2014 conference in Manchester.
Equity emerges from rebrand as ERS
Equity Insurance Group has rebranded as ERS - the latest move in the continuing overhaul of the business since its acquisition by Aquiline last year.
Equity Syndicate reports 12.6% capacity loss for 2011
Equity Syndicate 218 has closed its 2011 account year with a 12.6% loss of capacity.
Utley buys ‘Beckingham Palace’ for £11.5m
Hastings Direct chairman Neil Utley has bought the Hertfordshire home of David and Victoria Beckham for £11.5m.
Equity activates Quindell Challenger tools
Motor insurer Equity has this week activated new tools from Quindell focusing on claims, policies and management intelligence.
BIA countdown: Young achievers look back: Q&A with Victoria Cuggy and Claire White
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to two past winners of the Young Achiever accolade. Equity’s Victoria Cuggy won the award in 2006 for her work in managing the company’s compliance…
Devitt appoints Hill as underwriting director
Devitt Insurance Services have appointed Andrew Hill as underwriting director further strengthening its senior management team.