Articles by Liz McMahon
KGM hires senior underwriter from NIG
KGM Motor Insurance has appointed David Martin as fleet class underwriter. Mr Martin has joined the business from NIG where he was senior motor underwriter
Admiral accused of discrimination and breaching race laws
Which? has claimed that the Admiral Group, which includes Bell, Diamond and Elephant.co.uk has broken race laws by charging customers who were born outside of the UK more than those born in the country
Majority seek broker recommendations when buying PMI, according to study
A recent survey by specialist healthcare insurer National Friendly has found that word of mouth is proving most effective in securing new private medical insurance (PMI) business for brokers
FSA plans to hire 460 staff to boost supervision and implement Solvency 2
The Financial Services Authority (FSA) has published its business plan setting out its priorities for 2010/11.
Amii and the CII launch new exam in Healthcare Insurance Products
The bodies are set to unveil the syllabus and discuss the market in general at Amii's AGM
Capita fraud director moves to Questgates
QuestGates has announced that John Freeman has been appointed counter fraud director
IOR releases second installment of risk management guidance
The Institute of Operational Risk (IOR) has published the second sound practice guidance paper in its new series on the topic of Risk Control Self Assessment.
Home and Legacy chooses Keychoice
Home & Legacy has become the latest insurance provider to join the household panel of Keychoice Network.
HMRC issues VAT changes via podcast
HM Revenue & Customs (HMRC) has launched its first ever Super Podcast, to alert businesses to major changes in the way they file and pay VAT, PAYE and corporation tax
LV to open new offices in Huddersfield
LV has announced it is to open the new premises in July this year, resulting in the recruitment of 75 new staff over next 18 months
JLT hands over non-advisory arm to Thistle
In a shake up of its UK retail insurance broking activities, JLT has announced it is merging its non-advisory division with Thistle Underwriters
Xchanging sees growth in profit and revenue
Xchanging’s results for the year ending 31 December 2009 revealed a 35% increase in revenue, increasing to £750.4m (2008:£557.8m)
Allianz profit up and ratio down
In its results for the year ending 2009, Allianz UK has seen a 5.2% boost in IFRS operating profit to £203.7m (2008: £193.6m)
Brit's results show boost in profit and GWP
Brit Insurance has grown 300% in the last year posting a before tax profit of £171.3m excluding the effect of foreign exchange on non-monetary items, dwarfing last year’s £39.6m result.
Open GI wins £10m contract with PowerPlace
Open GI has signed the contract with PowerPlace to develop new electronic products on the Open Trader platform
Admiral creates 200 jobs
Admiral Group has announced plans to more than double its claims department by hiring over 200 new members of staff
Moneysupermarket's year end results reveal drop in revenue and customers
Moneysupermarket’s preliminary results for the year ending 31 December 2009 have revealed a 23% drop in revenue to £136.9m (2008: £178.8m) and 26% drop in EBITDA to £36m (2008: £48.8m)
1 Answer Network and Avantia join forces
1 Answer Network has collaborated with specialist household provider Avantia to offer members access to homeprotect
FirstAssist and Camberford launch scheme to protect intellectual property
FirstAssist Legal Protection has launched an intellectual property scheme in partnership with Camberford Law.
Motorists are focused on insurance savings, says poll
A third of British motorists would like to save on their car insurance this year according to a poll conducted by Be Wiser Insurance
Groupama's UK profits more than halved
Groupama’s results for 2009 reveal combined profitability for the UK operations (before tax and amortization) has fallen to £14.1m (2008: £30.1m)
GAB Robins hires more ex-Teceris staff in Leeds
Following GAB Robins re-opening its office in Leeds, two further former Teceris staff members have joined the team.
Confused.com's new index shows car insurance premiums are on the rise
Confused.com and EMB have launched a new quarterly car insurance price index which has revealed an average price increase of 12.7% in 2009.
Biba speaks out against FSA's proposal to more than double minimum fee
The British Insurance Brokers’ Association (Biba) has criticised the Financial Services Authority’s (FSA) consultation paper CP10/05 which suggests raising the minimum fee from £450 to £1,000