Online Insurance: Car Insurance UK: Latest Events
Do you want to insure your car vehicle for affordable price and find the saving insurance policies from insurer agent? Learn the important car vehicle insurance shortcuts about new rent guarantee section in jml website written below in «CAR INSURANCE UK: LATEST EVENTS» paragraph of our news feed for still uninsured site guests.
New Rent Guarantee section in jml website.
As the British recession stubbornly persists and unemployment continues to climb, more and more landlords are finding that their tenants are incapable of paying their rent.
To counter this, many consider taking out a Rent Guarantee Insurance policy from providers such as HomeLet and Letsure to acquire some protection should such a situation arise.
Landlords can find [...] New Rent Guarantee section in jml website. Posted at 16:10, 27.10.2009
Endsleigh opts for ntl:Telewest upgrade.
Endsleigh has appointed ntl:Telewest Business (part of the Virgin Media Group) to help support its online operations.
The personal lines specialist calculates that over 80% of its insurance and financial services business now originates from the Internet and the forthcoming upgrade should speed up quotations and policy production for both Internet and telephone customers.
ntl:Telewest Business is [...] Endsleigh opts for ntl:Telewest upgrade. Added at 16:10, 27.10.2009
Standard Life Bank sold to Barclays.
Standard Life has sold its retail banking business to Barclays, for Ј226 million.
Under the terms of the transaction, Barclays will acquire a savings book of approximately Ј5.5 billion and a mortgage book with outstanding balances of around Ј8.8 billion (both figures as at 30th June 2009).
The unit, which was set up in 1998, reported underlying [...] Standard Life Bank sold to Barclays. Compiled at 14:10, 27.10.2009
Aon acquires Carpenter Moore Insurance.
Aon Corporation has agreed to acquire New-York based brokerage, carpenter Moore Insurance Services.
The latter was formed through the merger of carpenter Moore and NASDAQ Insurance Agency, in 2005, and specialises in executive liability, Internet liability, and risk management services.
The firm’s clients are to be found in the technology, pharmaceuticals, healthcare, durable goods, transportation, energy and [...] Aon acquires Carpenter Moore Insurance. Printed at 14:10, 27.10.2009
Kwik Fit recruits 89 staff.
Kwik Fit Insurance is recruiting new staff at its Lanarkshire headquarters, where it expects to employ over 1,000 by the turn of the year.
The insurance intermediary will be filling 84 new posts between now and January 2010 and local jobseekers are invited to a recruitment day on Saturday 31st October between 11.00 am and 1.00 [...] Kwik Fit recruits 89 staff. Approved at 23:10, 26.10.2009
Standard Life’s Canadian business for sale.
Standard Life is believed to have asked advisers to review its Canadian business with a view to a sale, The Independent has reported.
Such a move would have come only days after the Edinburgh-based insurer announced that David Nish is to succeed Sir Sandy Crombie as group chief executive officer, effective from 1st January.
The insurer’s Canadian [...] Standard Life's Canadian business may go up for sale. Compiled at 21:10, 26.10.2009
Malicious damage claims about to rise.
AXA is highlighting the increased risk of malicious damage at Halloween and on Bonfire Night.
Malicious acts to property rise throughout the week starting 31st October, peaking on 5th November when claims involving incidents of this sort increase 350% against the average, compared with a 270% rise at Halloween.
This year, Halloween falls on a Saturday, which [...] Malicious damage claims about to rise. Written at 20:10, 26.10.2009
Christie’s launches insurance business.
Christie’s has launched an insurance services business for clients based in the UK and European customers serviced from London.
The world-famous art dealer says it can offer a unique service for the sophisticated collector, in partnership with Heath Lambert and Chubb Insurance.
The trio aim to provide private clients with “bespoke, seamless insurance, that encompasses not only [...] Christie's launches insurance business. Checked at 20:10, 26.10.2009
Open GI signs up Close Premium Finance.
Open GI has entered into a three-year agreement with Close Premium Finance (CPF), a provider of electronic premium finance software with over 2,500 customers in the UK and Ireland.
Electronic premium finance enables brokers to increase earnings and save costs by delivering a point of sale service than includes a reconciliation facility.
According to Open GI, the [...] Open GI signs up Close Premium Finance. Posted at 23:10, 25.10.2009
Car premiums rise at fastest rate in 15 years.
The AA’s car insurance premium index shows average premiums increasing 14% in the past year.
In the last quarter alone, typical premiums surged 5.6%, rising at their fastest rate since the AA began keeping records 15 years ago.
Motorists who shop around can expect to pay Ј522 on average for fully-comprehensive cover, whereas those who fail to [...] Car premiums rise at fastest rate in 15 years. Approved at 22:10, 23.10.2009
Aviva appoints chief financial officer.
Aviva has announced the appointment of Patrick Regan as chief financial officer, replacing Philip Scott who steps down at the end of the year after a 36-year career with the group.
Mr Regan will take up his post during February 2010 when he will also join the group board.
He is moving from Willis Group Holdings where [...] Aviva appoints chief financial officer. Published at 22:10, 23.10.2009
Heath Lambert poach Baker.
Heath Lambert has announced that it is bolstering its corporate division with the hiring of Judy Baker to lead the division.
Baker leaves behind Bluefin Insurance to join Heath Lambert, and brings with her a combination of a strong track record and decades of experience in the corporate sector.
She began her career with Sun Alliance, then [...] Heath Lambert poach Baker. Printed at 19:10, 23.10.2009
Aviva CEO compromised in office affair rumours.
Rumours of a romantic affair between the chief executive of Aviva and a junior employee have resulted in the group’s chairman, Lord Sharman, speaking to The Times.
Chief executive, Andrew Moss, reportedly arranged for the member of staff with whom he is linked to be seconded to his office and his reputation has been put on [...] Aviva CEO compromised in office affair rumours. Approved at 22:10, 22.10.2009
Custodial sentence for ВЈ1.6m crash for cash.
A man appearing before Manchester Minshull Street Crown Court has been jailed for four-and-a-half years after pleading guilty to involvement in a Ј1.6 million “crash for cash” conspiracy.
Mohammed Patel pleaded guilty to 17 charges, including conspiracy to defraud, dangerous driving and disqualified driving.
Between 2005 and 2008, he staged at least 93 motor vehicle “accidents” in [...] Custodial sentence for ВЈ1.6m “crash for cash” scammer. Approved at 21:10, 22.10.2009
Zurich security breach affects 51,000 customers.
Zurich Insurance plc has announced that it has written to around 51,000 general insurance customers and other parties in the UK regarding the loss of a back-up data tape in South Africa.
The tape, which also holds details of customers and other parties in South Africa and Botswana, was lost in August 2008 during a routine [...] Zurich security breach affects 51,000 customers. Printed at 20:10, 22.10.2009
Cooper Gay bolsters Latin American presence.
Cooper Gay has announced that it has acquired a majority shareholding in Reinsurance.com.ar, a specialist reinsurance broker with offices in Miami and Buenos Aires.
The firm, which focuses on the Latin American treaty and facultative reinsurance market, was established in 2006 by Guillermo Pastore who will be retaining his post as chief executive officer following the [...] Cooper Gay bolsters Latin American presence. Approved at 21:10, 21.10.2009
GMAC divests property and casualty business.
US financial services giant, GMAC Inc, is proposing to sell its property and casualty insurance business to American Capital Acquisition.
The transaction is pending regulatory approval and other customary closing conditions.
The group says its dealer-related insurance business (which includes extended service contracts and insurance for auto dealer inventories) is not affected by the move.
The sale follows [...] GMAC divests property & casualty business. Compiled at 20:10, 21.10.2009
Towergate acquires Hull broker.
Towergate Partnership has strengthened its presence in the North East with the acquisition of Rixon Matthews Appleyard Ltd.
The Hull-based firm, which employs 25 staff, will complement the group’s existing broking operations in the city.
Rixon Matthews Appleyard has been trading for over 40 years ago and controls premiums of Ј10 million.
The firm has strong commercial and [...] Towergate acquires Hull broker. Published at 21:10, 20.10.2009
Theft risk increases as clocks go back.
Agricultural and general insurer, Cornish Mutual, is reminding property owners that they are more likely to become the target of thieves from Sunday 25th October, when the UK reverts to Greenwich Mean Time.
With dusk drawing in an hour earlier, homes and gardens need that extra bit of attention to remain secure.
The firm actually serves members [...] Theft risk increases as clocks go back. Compiled at 20:10, 20.10.2009
Aviva’s Delta Lloyd IPO to net €1.2bn.
Aviva has announced that the flotation of its Dutch business, Delta Lloyd, on Euronext Amsterdam should raise between €2.6 billion and €3.1 billion, with shares priced between €15.50 and €19.
Assuming a mid-range outcome, the initial public offering (IPO) of the 42% stake could provide the group with a cash injection of €1.2 billion, some of [...] Aviva's Delta Lloyd IPO to net €1.2bn. Published at 20:10, 20.10.2009
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