The Association of British Insurers has strongly endorsed “tougher measures to improve young driver safety,” which it explained is “crucial to delivering a better motor insurance deal to customers.” It described the urgent need to reduce young driver deaths and …
Security firms led by G4S are providing armed guards to ships sailing pirate-infested Somali waters, with one start-up kitting out a gunboat to lead World War II style convoys, as ship owners step up their response to constant attacks. G4S, …
UK-based insurer AmTrust Europe, Ltd., a FSA [Financial Services Authority] authorized insurance company, which already has had operations in Italy “under freedom of services (LPS) for a number of years,” announced that it “has been given the green light from …
The UK’s Huber Dixon, in partnership with Sterling Insurance Group, are now providing renewable energy cover to their specialist household and commercial customer base. The announcement explained that “Huber Dixon specializes in providing cover for individuals, firms and organizations involved …
Willis Group Holdings announced that nine new members have joined Willis Networks, its alliance with local, independent insurance brokers in the UK. Willis Networks is made up of the Willis Commercial Network (WCN), which represents larger independent brokers and Willis …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., announced that it has updated its UK terrorism catastrophe model, which now “estimates the financial loss to life insurers from potential terrorist events and helps to satisfy the …
Charlotte-based AmWINS Group, Inc. has confirmed that it intends to acquire THB Group plc of London. AmWINS said the directors of THB have unanimously agreed to recommend that its shareholders approve AmWINS’ cash offer price of 80.55 pence [$1.28] per …
MMA Insurance (UK) announced that it “has enhanced its Shops, Offices and Surgeries products with a new level of rating sophistication on its Broker Online system.” It also noted that the developments “have also resulted in reduced minimum premiums, rate …
UK-based RSA has announced announces a number of changes to the Group’s operating structure and Executive Team. As of January first the group will be reorganized into four regions: UK & Western Europe; Scandinavia; Canada; and Emerging Markets. A number …
A British court has ruled that Roman Catholic priests are equivalent to employees, a decision that could pave the way for victims of sexual abuse to win damages from the church. Tuesday’s ruling involved a 47-year-old woman who says she …
