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Two thirds unprepared for flooding

Almost two thirds of British homeowners said they did not feel prepared in the event of a flood occurring in the area they live in, according to new research.

Brokers warned of client money risks

BDO Stoy Hayward LLP has warned all regulated insurance intermediaries holding monies on behalf of clients to take all necessary steps to ensure that money they deposit with banks on behalf of their clients is safe if the bank were to fail.

LV= acquires Highway

Liverpool Victoria (LV=) has completed its acquisition of Highway Insurance. The acquisition, which includes Highway Insurance and Hero Insurance Services, will expand LV=’s general insurance division.

Glacier Insurance opens new office in London

Glacier Insurance, headquartered in Liechtenstein and part of the Switzerland-based Glacier Group has moved to its new underwriting office in London. It will now have a permanent base at 88 Leadenhall Street, London.

Axa launches £4m marketing campaign

Axa is to launch a fully integrated advertising campaign through Saatchi & Saatchi and Team Saatchi, which highlights how consumers deserve the highest standards of customer service from financial services companies.

Galbraith hits back

In response to the claim that UK brokers are at war over commission Eric Galbraith, British Insurance Brokers' Association (Biba) chief executive has issued a statement which he said would clarifiy Biba and LMBC’s position with regard to commission…

Insurance Age on-air news review

Insurance Age news editor Sarah Hills provides a run down of the major news stories from the week - watch it now .

Hiscox Europe chief departs

Hiscox announced today that Marc van der Veer, managing director, Hiscox Europe, will be leaving the group.

Guiding light

Far from abandoning ship, Andrew Torrance has shown that a steady hand in an uncertain market can guide a company to safety. Michelle Worvell speaks to him about the shifting tides of the insurance world and what the future has in store for Allianz…

UK PLC - regulation's golden guinea pig?

Has the early adoption of European Union regulation in the UK put insurance firms at a disadvantage, or has this head start placed them in a position of power to pursue pan-European business, John Needham asks

Mr 30% - where to now?

In a much publicised interview, Igal Mayer, chief executive officer at Norwich Union (NU) general in...

Snakes and ladders

While there may be no venom in their bite, established broker networks seem to be intent on guarding their place in the market against new entrants. Martin Friel discusses whether there is room in the game for other network contenders and if their models…

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