Personal
JLT enjoys revenue boost in broking as economy afflicts underwriting
Jardine Lloyd Thompson's risk and insurance business generated revenue growth of 8% to £331.6m, while trading profit increased to £80.3m (H1 2011: £70.4m) in the first half of 2012.
LV reduces broker rates after losing out to competitors
Uncertainty in the general personal lines market has led LV to reverse its strategy of hardening rates after the company's PL broker book lost out to competitors in the first half of the year.
ABI demands Riot Damages Act reform one year on from civil unrest
Industry leaders are calling for urgent reform to the Riot Damages Act 1886 after publishing comprehensive claims data on the eve of the first anniversary of the UK riots.
Compare the Market launches refreshed landlord website
Compare the Market has unveiled a "new and improved" price comparison offering for landlord insurance.
Post magazine - 2 August 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Editor's comment: Meritable but marred
After years of wrangling over questions of fairness, viability and necessity - not to mention extended periods in political limbo - this week we finally witnessed the creation of an insurance fund of last resort for mesothelioma victims.
Insurance Mediation Directive II: Broking new ground
The European Commission's controversial Insurance Mediation Directive II proposals are aimed at unifying the sale of cover across the continent and increasing consumer protection. But how have the recommendations been received by the broking and buying…
Interview: Jelf’s Phil Barton - shooting to success
Phil Barton's football career was cruelly cut short, but that didn't stop him reaching the insurance big league. The Jelf insurance chief executive explains how, in the past two years, his tactics have transformed the firm, and outlines his goals for…
Music mogul recruits expert team for insurance industry ‘game-changer’
A music industry executive who signed rock band The Killers has set his sights on cornering the insurance market by using digital technology to sell and promote personal and commercial products through social media.
€1.7bn Quinn Insurance administration costs is 'shocking', says High Court president
Justice Nicholas Kearnes has described the €1.65bn administration costs for Quinn Insurance as "truly shocking".
Heath Lambert integration costs fail to halt Gallagher growth momentum
Arthur J Gallagher has chalked up a strong first half to the year, despite the continued Heath Lambert integration costing the business $3.3m (£2.1m) in H1 2012 - a $1.5m rise on the same period last year.
IAIS methodology consultation sparks Insurance Europe 'regrets'
Insurance Europe has responded to the consultation by the International Association of Insurance Supervisors on its proposed methodology for identifying global systemically important insurers.
Garwyn oil and gas expert Baillie joins Argent Liability Adjusters
Argent Liability Adjusters has recruited Allan Baillie, Garwyn expert in the onshore and offshore oil and gas sector, to the firm's Glasgow office.
MIB boss slams Arsenal striker for driving without insurance
The Motor Insurers' Bureau has warned drivers without insurance that there is nowhere to hide after Arsenal footballer Nicklas Bendtner was found guilty of the offence.
RSA Ireland teams up with Xactware on home insurance
RSA Insurance Ireland has adopted Xactware's claims management and assignment network, Xactanalysis, for its home insurance supply chain.
Aviva to recognise 'growing trend' by underwriting pet insurance
Aviva will underwrite its own pet insurance from tomorrow, in a move bosses claim recognises a growing trend among the UK's 15 million cat and dog owners.
BGL recruits new Fusion contact centre manager
BGL Group's Fusion Contact Centre Services business has appointed Jane Alexander as contact centre manager.
Court of Appeal general damages clarification fails to appease Apil
The Court of Appeal has handed down a judgment confirming a 10% increase in general damages in most civil cases where judgment is given after 1 April 2013.
FSA clampdown on packaged deals gains support from industry player
Lifestyle Services Group director Andy Morris has hailed the Financial Services Authority's crackdown on packaged bank accounts as "a positive step for the insurance industry".
LV profit stable while GWP rises 6%
LV's general insurance business has reported 6% growth in gross written premium income to £747m (H1 2011: £704m) in the first half of the year.
Motor claims solutions provider signs technology deal with Groupama
Audatex UK has agreed to work in partnership with Groupama Insurances to implement a web-based technology platform designed to improve the company's motor claims processes.
Hiscox UK falters while group profit soars
Hiscox returned an interim pre-tax profit of £125.8m (H1 2011: loss £85.6m), following a more benign catastrophe season compared with the previous 12 months.
Trio jailed after attempting to defraud Havering Council
Three fraudsters who attempted to con Havering Council out of an estimated £100 000 have received combined custodial sentences totalling seven months.
FSA tightens grip on package deals offered by banks
The Financial Services Authority has published new rules today requiring banks and building societies to check whether customers are eligible to claim on insurance cover before selling them a packaged bank account.