UK’s Office of the Fair Trading (OFT) has directed the Competition Commission to probe the private motor insurance market in the country over allegations of unfair activities being carried out by insurers on motorists. Referring to ...
Tags: OFT, Competition Commission, motor insurance, insurance market
The Navigators Group, a US-based insurance company focusing on specialty products within the overall property/casualty insurance market, has selected Saul Basch to its board of directors. The Navigators Group president and chief executive ...
Tags: Navigators Group, Stanley Galanski, director, insurance
Electric Insurance has signed renewal rights agreement with Millers First Insurance and Millers Classified Insurance to offer renewal quotes for its preferred personal lines business. As part of the agreement, the company will provide ...
Tags: Electric Insurance, Millers First Insurance, renewal quote
Royal Bank of Scotland’s insurance arm Direct Line being demerged from the parent company is gearing up to slash about 900 employees, as a part of its 100m pounds cost-cutting drive. The auto insurer has drawn an outline to save the ...
Tags: demerge, Royal Bank of Scotland's insurance, Direct Line
Thompson Heath & Bond (THB) Group’s European division in Amsterdam has appointed Rick Gerritsen as broking director. Prior to accepting the new role, Gerritsen served at Marsh Netherlands as vice president since 2008 and has more ...
Tags: THB, Rick Gerritsen, broking director, insurance
Irish IT Consulting and Managed Services firm Version 1 has entered into a strategic partnership with TIA Technology, to offer services to Ireland's insurance and financial market. The partnership is expected to deliver complete ...
Tags: TIA Technology, Version 1, Ireland insurance, financial market
RBS is looking for viable ways to dispose its car and home insurance business in the UK, which may fetch 7bn pounds. The partly government owned bank abandoned the disposal of the underwriting firm through bid approaches from trade buyers ...
Tags: RBS, car insurance, home insurance, insurance
UK-based insurance company, Aviva is reportedly putting its South Korean and Sri Lankan businesses up for sale as part of its strategy to raise money to protect against its comparetively higher eurozone exposure. Reuters reported the ...
Tags: insurance, Aviva, insurance market, insurance business
Taipei, Nov.21, 2012 (CENS)--AXA S.A, a French insurance group, which planned to set up a base in Taiwan for the third time, has decided to cease investments in Taiwan and transfer NT$2 billion (US$66.67 million) to other Asian countries. ...
Tags: AXA S.A, cease investments in Taiwan, Asian
Aquarium Software Has Introduced A New Software Project Intended Specifically For The Pet Insurance Sector. Since Past One Year Or Two,Aquarium Has Been Working Alongside Major Players In The Pet Insurance Sector To Provide Pet ...
Crawford&Company has appointed James Devall as vice president and managing director of its London-fronted business in the US. In his new role,Devall will be responsible for all business coming from the London insurance market to ...
Endsleigh Insurance Services chose nearshore application development resources from a supplier when it was stretched during the busiest time of the year. The finance firm, which specialises on the student insurance market, outsourced ...
Tags: Endsleigh Insurance Services, nearshore application, finance firm
Catastrophe modeling firm AIR Worldwide has opened a new office in Singapore, in a bid to meet the increasing needs of clients in the Asian insurance market. The newly launched office, located at One Finlayson Green, will be managed by a ...
Tags: AIR Worldwide, New Office, Singapore, Asian insurance market