Tuesday, 8 May 2012

Insurance News

1. Aviva CEO will be leaving Andrew Moss after agreeing not to take a rise in his wages, which would have given him a salary over £1million.

2. Professional Insurance Agents Ltd expand their Online Quote & Buy Software division, CEO Graham Hearsey said PIA have to be ready for Europe with all the Eurozone problems, clients are looking for a better deal on their insurance costs and our system will deliveries cheap business insurance throughout Europe.

3. HSBC set to make provision against the bad selling of PPI plans when setting up loans. The bank is likely to keep a fund in reserve of about 3.2 billion  to pay against possible claims.

Friday, 4 May 2012

Labour Wins Victories in England and Wales

Labour after winning around 200 seats in local elections in England and Wales claim that Ed Miliband is now of course for no 10.

Based on what has happened locally they claim to project 39% in the national vote which will seriously effect any future coalition government.

Todays Insurance News


- Towergate report losses after tax up to 75.5 million with annual interest bill, 2011 remains positive blaming the economy.

- Fears that Zurich's latest job cuts are not going to mean it plans to leave the personal lines area, even with up to 400 job cuts between now and then end of 2014.

- Ken Clarke the justice secretary is gunning for claims on whiplash and a meetings due at a second ministerial summit which insurance bosses will attend. This will be top of the agenda.

- Professional Insurance Agents Ltd CEO Graham Hearsey said they are now interested in rapid expansion and looking for a growth plan over 2 years which he claims could produce 20 million GWP. If plans for Europe, UK, and international trading goes ahead.

Wednesday, 2 May 2012

Insurance News

- Aviva brings in changes at the top

- AXA has direct PI insurance from their quote and buy system.

- Simply business owned partly by Brit who were taken over by QBE may be up for sale.

- Professional Insurance Agents Ltd seal a new deal with Canadian brokers to offer PI and household insurance from there online quote and buy system.

-QBE get regional brokers who were dealing with Brit to sign new agreements to trade.

Roy Hodgson Appointed

Roy Hodgson the new England manager is trying to get terry and Ferdinand to play together in Euro 2012. Not every one is happy about Roy Hodgson appointment when most people are players ant to give Harry Redknapp for the new England manager. So it will be left for us all to see.

Tuesday, 1 May 2012

Dr James Flanagan Research Could Predict Womens Breast Cancer Risk

Dr James Flanagan of Imperial College London, could predict breast cancer years before any diagnosed problems by a genetic test.

The test looks at how genes are altered by hormones, alcohol and environment, the concept is called Epigentic.

Research has indicated that as many as one in five women is thought to have a genetic "switch" that could double breast cancer risk.

Europe Plans May Day Protests

Europe rises up against austerity measures, plan protest in France, Greece, Portugal and Russia could take place on the 1st May.

Even North America and some areas in Asia are planning to join the marches.