Lee Wai Pong, the former executive director of the Singapore Chamber of Maritime Arbitration, has set up LWP.Sg Consultants, a maritime and dispute resolution agency based in Singapore.
The UK government will clamp down on claims management companies (CMCs) and establish the Financial Conduct Authority (FCA) as their regulator, Chancellor of the Exchequer George Osborne said in the budget statement last week (16 March).
The British Insurance Brokers' Association (Biba) has said it would like to launch its flood insurance initiative for UK businesses and property owners this summer.
ANV Syndicates has received green light status from Lloyd's, indicating that the Corporation now considers the carrier to be compliant with Solvency II, The Insurance Insider can reveal.