Articles by Liz McMahon
Simplyhealth reveals aim to grow further following Groupama deal
Simplyhealth has revealed plans to grow its market share to 10% after the purchase of Groupama Healthcare.
Aviva to grow motor book as profits and premiums rise
Aviva’s half year results for UK general insurance have revealed an operating profit of £242m, up 6% (H12010: £229m).
Biba healthcare group founder resigns, labelling it a toothless tiger
The British Insurance Brokers’ Association (Biba) healthcare focus group has been dealt a further blow with the resignation of one of its founder members.
Groupama sells healthcare arm to Simplyhealth
Simplyhealth has today announced that it has reached an agreement to purchase the UK healthcare business of Groupama Insurances, subject to the required regulatory approvals.
Top three in motor a possibility for LV, says O'Roarke
Managing director of LV's general insurance business, John O'Roarke, has revealed the insurer's ambition to reach £1.4bn gross written premium by the end of 2011.
New quarterly FOS data indicates PPI complaints set to double
The Financial Ombudsman Service’s (FOS) data for the first quarter of the financial year 2011/2012 has revealed that it received over 81,000 complaints – more than double the number received in the same period last year.
Rural makes further appointments to push for growth across UK
As part of its ambitions to be a top five player in the agricultural market, Rural Insurance has hired two new senior managers to cover Scotland and Northern Ireland.
LV's COR down as broker channel grows
LV's half year results have seen the mutual insurer's combined operating ratio (COR) drop below 100 to 98.1%.
UK firms feel FSA scrutiny puts them at a disadvantage
The Financial Services Authority’s (FSA) post-crisis clampdown may be harming the UK’s international competitiveness, according to research among senior financial services executives.
Charles Earle hits back at Arista capacity rumours
Arista chief executive Charles Earle has hit back at industry rumours claiming the insurer is being forced out of the motor trade market.
Chartis raids rivals to build core London team
Barry Taylor joins Chartis Insurance UK from Chubb and John Montgomery arrives from Brit.
Further law firms announce merger plans
The partners of Clyde & Co and Barlow Lyde & Gilbert (BLG) have voted for a merger between the two law firms.
Insurer claims industry first with mobile payment cover
Insurance2go.co.uk has said its policy covering mobile phone payment technology fraud is the first of its kind.
Quinn issues mass refund after overcharging customers
Quinn has had to refund 20,500 customers after it failed to give them an agreed discount.
Demand for niche car insurance add-ons is growing, says survey
One in five (21%) of Britons looking to buy a car in the next 12 months will also purchase GAP insurance cover, according to Mapfre Assistance.
Gallaghers aims to break $2bn revenue barrier
Arthur J. Gallagher & Co’s half year results for 2011 have revealed a 13% rise in brokerage to $717.6m (£439m) (H1 2010: $635.2m).
PI broker wins exclusive access to new provider in North West
Professional Indemnity (PI) broker MFL Professional has secured direct access to a new market entrant to the solicitors’ PI market for the 2011 renewal season.
MSL launches new vehicle service for brokers
MSL Group has extended its offering to the broker market with the introduction of a new vehicle supply and management service.
ABI figures reveal 9% rise in fraud
The level of insurance fraud detected has more than doubled over the past five years, according to figures released by the Association of British Insurers (ABI).
NIG raids rivals to boost Midlands team
NIG has lured staff away from Keychoice Underwriting, Axa, Bluefin and UK General with four appointments at its Midlands regional office in Birmingham.
Universal Provident pulls away from Great Lakes
Universal Provident has announced that it is to bring a majority of the underwriting for its product range in–house and sister company Personal Assurance will now act as the insurer.
New player enters solicitors' PI arena
First Title Insurance has joined forces with Ink Underwriting Agencies to offer professional indemnity insurance (PII) to law firms, for the first time.
Regional brokers win business because of service, says study
Just under half of commercial insurance clients prefer to work with regional brokers, according to findings from Pearlfinders Risk Index.
Sean Quinn's Q2 has no licence in Malta
The Malta Financial Services Authority (MFSA) has dismissed reports that Sean Quinn has a Malta-based insurance licence for his new insurance company, Q2.