Articles by Liz McMahon
Jelf enters mechanical engineering affinity partnership
Jelf has secured an affinity partnership with the Institution of Mechanical Engineers (IMechE).
Aviva launches package for metal and machinery sector
Aviva has launched two bespoke policies for those working specifically in metals or machinery and equipment.
Bridge Insurance secures Chartered Broker Status
Bridge Insurance Brokers has been awarded Chartered Broker Status by the Chartered Insurance Institute.
Axa signs up to Powerplace
Powerplace has finally secured what it describes as the “3 As” after announcing Axa’s intention to join its panel.
"Ghost" brokers charged with offences totalling £500,000
Three individuals - a man and a woman from Kent and a man from West London - have been charged with motor insurance fraud, tax fraud and money laundering with offences totalling £500,000.
ABI issues advice for Cornwall's flood victims
The Association of British Insurers (ABI) has issued advice for people who have been flooded following heavy rainfall in Cornwall.
Jackson consultation silent on referral fees
The Government said it was waiting for the Legal Services Board review before it made a decision on whether to abolish referral fees.
Travel hikes spell trouble for schemes brokers
Following the rise in insurance premiums from Axa, Peter Hayman, director of P J Hayman, has predicted that some scheme holders will have difficulty renewing on competitive terms.
Amlin UK's motor income jumps by 36%
Amlin’s interim management statement for the period from 1 July 2010 revealed that its UK's gross written premium (GWP) grew to £248.8m (Q3 2009: £140m) despite a "mixed" trading environment.
MUM poaches director from RSA
Broker-only MGA Manchester Underwriting Management (MUM)has announced the appointment of Danny French as a director of the business.
Ageas' retail profit remains static while COR continues to improve
Ageas' quarter three results have shown its UK retail operations, RIAS, Kwik Fit Insurance Services and Ageas Insurance Solutions (UKAIS), have delivered a 32% increase in total inflows to £96m.
Exeter Friendly to cut PMI premiums
Exeter Family Friendly has cut premiums on its "Health Cover for Me" private medical insurance (PMI) plan by up to 12.5%.
Markel makes three senior hires for MGA arm
Markel International has strengthened its new MGA (Managing General Agent) division with three senior appointments.
Hiscox UK sees growth while group experiences slight dip
Hiscox’s interim management statement for the first nine months of the year to 30 September 2010 has revealed its UK retail business premium income has grown by 8.9% to £249.1m (2009: £228.7m) with the direct business growing by 22%.
FOS compensation case gives industry much needed clarity over claims
Claimants who accept a Financial Ombudsman Service (FOS) final determination will be bound by it and will not be able to then bring a civil claim through the courts against their broker in respect of the same claim following a recent High Court decision.
Only one in ten automatically renew car insurance
UK consumers are the most determined to shop around for a good deal on insurance, and the least likely to stay loyal, according to Datamonitor.
Cooper Gay CEO resigns
Cooper Gay Swett & Crawford Group (CGSC) has announced that the company has accepted the resignation of Jim Summers, CEO of the Group’s UK based Lloyd’s broker, Cooper Gay & Co.
THB sells motorsport division
The Board of THB Group has reached agreement to sell THB Clowes to the Lloyd's broker Ellis Clowes & Company, headed by Karen Ellis.
One in four pay off other driver after crash
A quarter of drivers have avoided using their motor insurance by giving money to a driver they have crashed into to fix the damage, according to website Myvouchercodes.co.uk
Deloitte says industry must address issue of brokers selling motor at a loss
Motor insurers need to increase their premiums while maintaining their customer base in order to return to profitability, according to Deloitte.
Marsh raids Towergate for senior network hires
Marsh has announced that Mike Rogers will replace Bruce Fertnig as head of Marsh ProBroker.
Powerplace closer to "perfect panel" with Aviva on board
Aviva has joined Powerplace’s panel of insurers.
Oxygen poaches two senior hires from Aon to boost construction arm
Oxygen Insurance Brokers (Oxygen) has hired two new senior brokers as part of its plan to target further growth in the construction related professions.
Besso launches online commercial MGA
Besso Group has launched a managing general agent (MGA), named Gladstone Underwriting, to provide a “unique” online commercial underwriting facility.