Andrew Pearce
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Articles by Andrew Pearce
Amlin swings back to profit and agrees $50m MGA deal
Amlin returned to the black after posting a pre-tax profit of £264.2m for 2012, a marked improvement on the £193.8m loss recorded for 2011.
Broker Apprentice Task Three: The Campaign
I set this challenge because as an industry we face the real problem that insurance isn't perceived as being ‘sexy', particularly by the young.
Hastings turns to Downton Abbey and the Inbetweeners for TV return
Downton Abbey's Hugh Bonneville and James Buckley of the Inbetweeners will be the voices behind Hastings Direct's return to TV advertising.
Insurers counter "poor compliance" claim after DVLA bans
Insurers have countered suggestions of "poor compliance" after it emerged that five household names had been temporarily suspended from receiving vehicle keeper information from the DVLA since 2010.
Top insurers banned from DVLA database
RSA, Groupama and LV are among the household names to have been temporarily suspended from receiving vehicle keeper information from the DVLA, Insurance Age can reveal.
L&G strikes five-year product deal with Newcastle Building Society
Legal & General (L&G) has agreed a five-year extension to its current deal with Newcastle Building Society for its general insurance products.
Bluefin CEO "bullish" about acquisitions despite 2012 blank
Bluefin Insurance CEO Stuart Reid has insisted he is "bullish" about the broker's 2013 acquisition prospects despite drawing a blank last year.
County Insurance to open Manchester office
County Insurance Consultants, part of the County Group, is poised to open a Manchester office.
Biba: IPT increase would be "counter-intuitive"
The British Insurance Brokers' Association (Biba) has warned the government ahead of the Budget that any increase in the standard rate of insurance premium tax (IPT) would be "counter-intuitive".
Bluefin shrugs off Wentworth storm to post rising profit and EBITDA
Bluefin Insurance shrugged off the reported loss of business to broker Wentworth Alexander to record post-tax profit and EBITDA rises for 2012.
Allianz UK CEO admits broker retail profit and growth was "bridge too far"
Allianz UK CEO Andrew Torrance has admitted that the insurer took a hit on the top line of its retail broker segment in 2012.
1 Answer Network buys BrokerDrive
1 Answer Network has boosted its "strength in numbers" after buying online broker network BrokerDrive.
Morgans Insurance Broking collapses into administration
A London insurance broker has collapsed into administration, Insurance Age can reveal.
Axa scoops up Slade Edwards' mobile catering scheme
Axa Commercial Lines & Personal Intermediary has swooped for Slade Edwards Insurance Brokers' mobile catering scheme following the broker motor market withdrawal of Ecclesiastical.
Russell Scanlan buys Henson & Company
Russell Scanlan and associate company Russell Ulyatt have bought East Midlands-based Henson & Company.
CDL to tackle fraud "head-on" with platform expansion
CDL has extended its real-time pricing platform to allow brokers to discover the risk of a customer claiming on a policy or defaulting on premium payments.
IAG's results dented by UK performance
Insurance Australia Group's (IAG) half-year 2012 results were knocked by the performance of its recently-sold UK business.
RSA to open trading sites in Leicester and Edinburgh
RSA has confirmed it will open two trading sites this year in Edinburgh and Leicester in a move designed to build on its strategy of operating regionally.
RSA endures UK commercial pain as COR worsens
RSA's UK commercial combined operating ratio (COR) deteriorated to 100.4% (2011: 98.7%) as it recorded a total UK commercial underwriting loss of £31m (2011: £2m) for the year ended 2012.
Arag unveils former Das man as BTE boss
Arag has expanded its before-the-event (BTE) sales team with the appointment of former Das man George Bladon as corporate account manager.
Lloyds fined £4.3m for delayed PPI redress payments
Lloyds Banking Group (LBG) has been fined £4.3m for delayed payment protection insurance (PPI) redress payments.
Hiscox responds to broker demand with private client launch
Hiscox responded to customer research and broker demand to launch a wholly-owned tied agency which will work exclusively with the insurer's products.
Covea names former Hiscox boss as schemes manager
Covea Insurance has unveiled former Hiscox boss Bill Guiney as schemes account manager.
Biba hits out at 'token gesture' FSCS proposals
The British Insurance Brokers' Association (Biba) has vented its frustration at the latest Financial Services Compensation Scheme (FSCS) proposals, branding them "a token gesture".