Articles by Liz McMahon
SRA says ARP is working
Despite criticism from the insurance industry, the Solicitors Regulation Authority (SRA) has said its new enforcement measures for the Assigned Risks Pool (ARP), have started to show signs of success.
Swinton snaps up Westinsure broker
Swinton Group has opened its 34th commercial office with the acquisition of the Brunsdon Westinsure account.
Coates out at Bluefin
Bluefin has announced that Graham Coates, chief trading officer, has resigned and is leaving the company with immediate effect.
Zurich cuts 240 roles on return to direct market
Zurich has announced that it is planning to return to the direct insurance market in the UK later this year in a strategic partnership with its subsidiary Endsleigh.
Brown joins RSA board
RSA has appointed Adrian Brown to its board as an executive director.
Brokerbility's two new members raise GWP to over £450m
Brokerbility has added two new members in the form of Saffron Insurance and Morrison Insurance Solutions.
Paymentshield's chairman leaves to take up CE role
Stuart Pender has resigned as chairman of Paymentshield to take up the role of chief executive of Lomond Capital.
MGA issues 30 day notice on its waste business
Montpelier-owned Paladin Underwriting Agency has issued a 30 days notice of cancellation to brokers on all existing waste and recycling policies, Insurance Age has learnt.
Aviva fills commercial director post
Aviva’s UK chief risk officer has been lined up to take over the vacant commercial director role in November.
Rural targets 5% market share with two new schemes
Rural Insurance has launched delegated authority schemes for two Northern Ireland brokers, including Autoline Insurance Group.
Open GI launches address product to all brokers
Open GI has launched Address Look-Up which it claimed lets brokers benefit from accurate ratings from insurers by accessing up-to-date data direct from the Royal Mail to populate addresses from a client postcode.
Midlands broker unveils 20% year on year growth plans
Commercial insurance brokers Johnston Park McAndrew has moved into larger offices as part of its growth strategy.
Manchester broker sets up in the City
Bridge Insurance Brokers has announced the launch of a London office.
Fraud register gets go-ahead from ABI
The Association of British Insurers (ABI) has approved the Insurance Fraud Register and agreed to an industry-funded police unit dedicated to tackling organised crime.
Muir buys out key shareholder of 1 Answer Network
1 Answer Network managing director Paul Muir has increased his stake in the company with a buy out of the 38.57% holding of Optimas Insurance Group, an investor in the network since launch in 2006.
Homecall Plus rescued from liquidation
After being placed into compulsory liquidation in May this year, Homecall Plus has been bought by a 21 year old female entrepreneur from Wigan.
Travelers creates two further senior underwriting roles
Travelers Insurance Company has appointed two new chief underwriting officers (CUO)to its UK business.
New Manchester manager for Dual
Dual Corporate Risks has promoted Martin Joyce to manage the company’s national business unit in Manchester.
Reich embarks on acquisition spree with Barnett buy
Reich Insurance has completed the acquisition of Bolton-based D Barnett Insurance Brokers.
Claims volume forces FSCS to exceed budget
The cost of running the Financial Services Compensation Scheme’s (FSCS) “business as usual” workload in 2010/11 was £37m, according to its Annual Report and Accounts 2010/11.
Cost of motor insurance inquiry re-opened
The Transport Committee has agreed to re-open its inquiry into the cost of motor insurance, in the light of further concerns about the rising cost of premiums.
Staddon on his way out at Biba
The head of technical services at the British Insurance Brokers’ Association (Biba) is set to depart at the end of the month, Insurance Age understands.
Towergate adds more corporate muscle to board ahead of flotation
Towergate Insurance has announced its intention to appoint Truett Tate as an independent non-executive director.
ECJ ruling will only apply to new contracts
The Treasury has confirmed the ban on the use of gender in underwriting will not affect policies taken out before 21 December 2012.