QBE launches PI division
QBE is to launch its professional indemnity (PI) division, QBE PI, following the December 2006 announcement of its plans to integrate the professional indemnity portfolios of QBE Insurance (Europe) and DA Constable Syndicate 386.
First published on 2 April
Reinsurance rates flat
Reinsurance rates for personal lines, standard commercial lines and complex commercial lines are likely to be flat to lower, during mid-year renewals of property catastrophe reinsurance programmes, according to Aon Re Global.
First published on 2 April
Premex acquires 3D Risk
Premex Group, a provider of medical reporting and rehabilitation services, acquired medical underwriter 3D Risk Solutions. Premex said the acquisition was part of its diversification strategy to develop related businesses.
First published on 29 March
Allianz Cornhill's IT launch
Allianz Cornhill implemented a new IT system which allows claims handlers to work in a paperless environment. The company said the Puma image and workflow system scans claims documents and stores the data on a system available to everyone involved in the claims handling process.
First published on 2 April
R&SA eyes Codan
Royal & SunAlliance (R&SA) is considering a move to buy out the minority shareholders in its Scandinavian business, Codan, in a deal worth an estimated $600m. Reports said R&SA was reviewing whether to buy out the remaining 28% stake.
First published on 2 April
Liberty's deal with Kynixa
Liberty International Under-writers agreed with Kynixa to provide rehabilitation services to employees covered under Liberty's employers' liability policies.
First published on 2 April
Fortis, MMA join Imarket
Fortis Insurance and MMA Insurance joined Imarket. The new additions bring the total number of Imarket insurers to 12, comprising over 80% of the total UK commercial insurance capacity.
First published on 26 March
Groupama panel deal
Groupama has joined the home insurance panel of Castle Cover, the specialist over-50s broker that launched in July 2006. The panel provides home, motor, travel and pet insurance.
First published on 30 March
Aegis appointment
Aegis London has appointed Phil Lawson as non-marine property underwriter to underwrite primarily binding authorities.
First published on 30 March
Iprism recruits two
Iprism Insurance Underwriting Agency, the online SME insurance comparative quote facility for brokers, appointed two broker relationship development managers. Louise Austin, previously employed by Groupama, will look after the North of England and Maggs Quant, previously with AXA, will have responsibility for the South West and Wales.
First published on 30 March
EurotaxGlass web claims
EurotaxGlass launched a web-based solution for motor insurers to settle total loss claims. The company said Glass's Value Assessor will make the claims settlement a consistent, auditable and transparent process.
First published on 28 March
CDL compatibility check
Software house CDL completed development work to ensure the compatibility of its new CDL Strata software system with IBM hardware and software platforms. CDL said the development extended the suitability of the software solution for insurance intermediaries of all sizes.
First published on 28 March
