PIA News ::Aon launches US mortgage impairment solution
Aon Underwriting Managers has launched a solution for US financial institutions that own or service mortgage loan portfolios. The group’s Insurmark/Floodwatch and Bankers Insurance Service divisions will underwrite the product together, on b…
PIA News ::Lawyers switch to outcomes-focused regulation
The Solicitors Regulation Authority (SRA) has marked the arrival of a new type of law firm and a more radical approach to its work, with the publication of a handbook containing regulation that comes into force on 6th October 2011. The Authority s…
PIA News ::Employers emotional over long-term sick leave
Half of employers questioned in a recent survey consider long-term sick leave to be an issue for their business, with 27% admitting it gives them a major staffing headache. However, new research from Aviva UK Health also indicates that employers f…
PIA News ::Aon expands London-based Professions practice
Aon Risk Solutions has expanded its London-based Professions practice with a number of strategic appointments.
The team provides insurance brokerage and risk advisory services to professional service firms, and a recent restructure has seen:
David…
PIA News ::Soft commercial insurance market to continue
The soft commercial insurance market conditions experienced throughout Europe, the Middle East and Africa (EMEA) in 2010 are set to continue into 2011, according to Marsh.
In a new report, the broker suggest that the key market drivers of recent y…
PIA News ::Aviva enhances group income protection cover
Aviva UK Health has announced a series of enhancements to its group income protection (GIP) cover, including the introduction of a new escalation rate which will see payments measured against the Retail Price Index (capped at 2.5%).
New customers…
PIA News ::Groupama launches business underwriting team
Groupama Insurances has created a dedicated business underwriting team for London and the South.
Three underwriters have been appointed: Therese Crowhurst, Steve Scrimgeour and Darren Carter, and all are reporting to Dawn Dillaway, the group’…
PIA News ::Personal injury discount rate to be reviewed
The Association of Personal Injury Lawyers (APIL) has welcomed the Lord Chancellor’s agreement to a review of the discount rate.
The discount rate is used to calculate the amount deducted from an injured person?s compensation to account fo…
PIA News ::Hiscox launches Charities Insurance Portfolio
Hiscox has launched a Charities Insurance Portfolio aimed at charities, clubs and associations.
The business insurer says its liability and property package enables charities to meet their insurance needs with one policy from one insurer.
Availab…
PIA Articles ::Professional Indemnity Insurance Explained
Professional Indemnity Insurance provides essential financial protection for a wide range of professional advisers including accountants, engineers and computer consultants. In the event that a client suffers financial loss as a result of alleged …
PIA News ::JLT Specialty launches Risk Practice division
JLT Specialty has launched a risk practice division following the reorganisation of its global risk solutions and regional partnership divisions. The firm provides specialist broking, risk management and claims consulting services to medium enterp…
PIA News ::Towergate urges businesses to check insurance
Towergate Insurance has urged businesses to review their insurance coverage in the light of the recent shocking bouts of looting to afflict London, and other cities across England. Last night the capital saw fewer and smaller disturbances, but oth…
PIA News ::Hospitality and leisure attract cyber attacks
The vast quantities of personal, identifiable information collected by the leisure and hospitality industry have made the sector a chief target for cyber attacks, according to Willis. The broker’s cyber risk unit reports a 56% rise in cyber …
PIA News ::Global insurance managers short on visibility
Companies with global insurance policies may be duplicating cover, according to JLT Specialty, which surveyed 70 delegates attending a Global v Local workshop at the recent AIRMIC Conference. The research revealed that while 54% of those responsib…
PIA News ::Markerstudy expands with Blagrove acquisition
Markerstudy has acquired Blagrove Insurance Brokers of Carterton in Oxfordshire. The fleet insurance specialist with GWP of £4 million was established in 2004, and for Markerstudy, the acquisition endorses its strategy of developing a commercial …
PIA News ::APIL proposes alternative to CFA restrictions
Proposed cuts to legal aid and restrictions on conditional fee agreements (CFAs) will create a ?perfect storm?, denying proper access to justice for some of the most seriously injured people, warns the Association of Personal Injury Lawyers (A…
PIA News ::SME wake up call on business continuity plans
Small and medium-sized businesses (SMEs) are putting their livelihoods at risk by not taking the time to prepare disaster recovery and business continuity plans (BCP), claims Aviva.
In a recent survey by the insurer, half of SME owners asked about…
PIA News ::Beazley extends global environmental practice
Beazley is establishing an environmental risks underwriting capability at Lloyd?s, which will be headed by Nicholas Pearson, a senior member of the specialist insurer’s global environmental risks team.
Mr Pearson has over a decade of expe…