Network Data deal
Network Data has signed a deal with Paymentshield to enable all its appointed representatives to place their business via Paymentshield's electronic submission system. …
Network Data dealNetwork Data has signed a deal with Paymentshield to enable all its appointed representatives to place their business via Paymentshield's electronic submission system. Network Data said it was in talks with a number of other major providers to increase its panel.(First published on 30 June.)
Property/casualty upThe US property/casualty industry more than doubled its net income for the first quarter of 2004, said the Property Casualty Insurers Association of America. It said net income increased from $6.5bn (£3.5bn) in the first quarter of 2003, to $13.3bn (£7.3bn) for the first quarter of 2004.(First published on 30 June.)
FirstAssist IT moveFirstAssist has selected Phoenix Technology Group to deliver its content and business process management solution. The solution will be used to upgrade the system for two FirstAssist service centres in Bournemouth and Plymouth.(First published on 30 June)
Atradius recoveryCredit insurer Atradius reported a profit of E17.5m (£11.7m) after tax for 2003. This contrasts with a post-tax loss of E75.1m (£50.3m) for 2002. The company, previously known as Gerling NCM, recorded a premium income of E1.097m in 2003 versus a figure of E1.084m for 2002.(First published on 30 June.)
Irish motor riseThe Irish insurance market made an operating profit of E747m (£502m) in 2003. The Irish Insurance Federation said motor premiums had risen by more than 20% over 2003 and commercial insurance premiums reduced by a similar amount. Chief executive Michael Kemp said reductions in commercial insurance rates were likely to continue.(First published on 30 June.)
