Personal

Fortis Insurance to be rebranded "Ageas"

In a statemement it added: "This change of identity is a logical next step in our evolution from bancassurer to international insurance company. Our new name confirms our rebirth as a new company, but one that will benefit from past experience and the…

WNS offers MOJ web solution

Motor claims management specialist WNS Assistance is offering insurers an integrated web service solution to the Ministry of Justice’s new electronically streamlined compensation system for low cost road traffic accident personal injury claims.

Aviva health specialist lands UKRC role

Aviva UK Health clinical development manager Mark Sharpe has been elected as the sole private medical insurance representative on the board of the UK Rehabilitation Council.

AMA and Nacho confirm merger plan

The executive committees of the Accident Management Association and the National Association of Credit Hire Operators have agreed proposals to merge and have recommended acceptance to their respective memberships.

Broker Technology - Motor: Making IT accurate

The British Insurance Brokers' Association is urging its members to sign up to DVLA vehicle registration validation technology. Stephanie Denton looks at why 80% of regional brokers don't use it.

Allianz ups motor rates by 24% in 2009

Allianz's UK profit rose 5.2% to £203.7m in 2009 despite a 5.4% fall in gross written premium in its retail division to £579.9m as a result of corrective action on private motor rates, which increased by almost a quarter.

Admiral: no sacred cows

Admiral has admitted there are "no sacred cows" among its burgeoning international operation, but that it remains committed to the loss making insurance businesses for now.

RBSI catches a claims "cold"

Royal Bank of Scotland Insurance has reported its first ever quarterly loss during the last three months of 2009, blaming the "industry phenomenon" of the UK claims environment for a £170m hit.

Former AIG boss unveils start-up

A personal lines underwriting agency, Halo Insurance, has been launched by AIG's former personal lines boss. It aims to provide niche products for the wholesale and retail markets.

Industry challenged to meet 2013 deadline

By December 2013, every single UK broker and insurer will exceed a minimum threshold in terms of the number of their staff qualified to advanced diploma level. That is the vision of the Insurance Profession Task Force that has today unveiled the…

AI Claims wins "significant" intermediary deal

Credit hire firm AI Claims reported revenue increased by 59% to £38.2m (2008: £24.0m) for the six months ended 31 December 2009. Its EBITDA increased by 26% to £1.548m (2008: £1.225m) and adjusted profit before tax increased by 27% to £906k before IFRS 2…

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