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Leeds-based broker awarded Chartered Insurance Brokers title
The Chartered Insurance Institute (CII) has awarded the ‘Chartered Insurance Brokers’ title to Marshall Wooldridge Insurance Brokers.
Allianz increases premiums for mobile phone use
Allianz Insurance is increasing premiums for motorists with convictions for driving whilst using a mobile phone by 30%.
Northern Ireland based broker joins the Oval group
Oval has acquired Belfast-based insurance broker Bartholomew & James. The acquisition will create the new Northern Ireland regional foothold for UK insurance broking and financial services provider the Oval group (Oval).
Five brands join GoCompare's car insurance comaprison service
Insurance comparison site Gocompare.com has added five major car insurance brands - Churchill, Privilege, Lloyds TSB, Tesco and Virgin - to its car insurance comparison service. Consumers can now compare over 60 car insurance brands at the www.Gocompare…
Lark acquire London-based broker
Lark Group has acquired Grosvenor Court Insurance Services Limited for an undisclosed sum. Grosvenor Court is based in central London and specialises in property insurance. The acquisition will add around £1.5 million gross premium and £450,000 revenue…
Confused.com signs a deal with RBSI
Royal Bank of Scotland Insurance (RBSI) has completed its aggregator u-turn by entering into an agreement to feature all of its insurance products on Confused.com.
Weekly news review
Sarah Hills, Insurance Age news editor provides a run down of the major broking news this week including: Three directors at Leicester-based Broker, Shakespeare Underwriting, face a three-year ban; a new broking consolidator due to enter the market this…
Lockton recuits Willis’s Head of Office in Manchester
Lockton’s Corporate Risk Solutions division has appointed Matt Davies as managing partner. Manchester forms part of Lockton’s Corporate Risk Solutions’ Northern Region, with an experienced Partner Group across the North and established offices in Leeds…
Impartial role of the FOS at risk, says law firm
Proposals by the Hunt Review of the Financial Ombudsman Service (FOS) that a league table of successful complaints against financial services firms should be published would undermine its role as an independent adjudicator says Reynolds Porter…
CCV returns to smaller end of the market
Following the recent acquisitions of Protectagroup and HLI, Cullum Capital Ventures has announced two further acquisitions.
Giles makes two more additions
Giles Insurance Brokers has acquired two more regional brokers as part of its recent consolidation drive following investment from Charterhouse.
Directors face three year ban
Three directors of Leicester-based broker, Shakespeare Underwriting, have been disqualified for failing to comply with their Terms of Business Agreement (TOBA), Insurance Age has found.
Net FSCS levy contributions to decrease
The Financial Services Compensation Scheme (FSCS) has set its levy for 2008/09 at £131.7m.
UK corporate insurance premiums fall by 20%, according to Aon
UK companies are seeing their insurance premiums fall by up to 20% and they could continue to benefit from a competitive market until 2009/10, according to Aon, the UK’s leading insurance broker. Speaking to south west companies at SS Britain this week,…
Campaign launched to reduce SME premiums
Insurers should offer reduced premiums to small to medium-sized enterprise (SME) customers who take sustained steps to invest in effective risk management strategies and solutions – according to a campaign launched today. In a statement, document…
Camberford Law confirm MBO
There has been a management buyout at Camberford Law, as first revealed by Insurance Age at the beginning of April.
U.K. Insurance Market stable despite softening cycle, says report
In its latest review of the U.K.insurance market ("Insurance Industry Risk Analysis: U.K. Economic Risk Increases But Unlikely To Put Pressure On Non-Life Ratings") Standard & Poor's Ratings Services says that despite the strength of results and ratings,…
Erinaceous attempts to go back to basics
Erinaceous Insurance Services has gone ‘back to basics’ in its Property and Commercial Division (P&C) as the company begins to emerge from a very difficult period.
Homeowners still not defending against flooding
New research has revealed that homeowners in flood hit areas have done little or nothing to reduce their risk of future damage.
Survey urges SMEs to tighten up company driving policies
Autoglass has urged small to medium-sized enterprises (SMEs) to tighten up their company driving policies following a national survey which revealed that a third (33%) of employees using their own vehicles for work have not insured it for business use.
Insureandgo seeks new managing director
The privately owned travel insurance company InsureandGo is looking to recruit a new managing director to help the company diversify and grow into new areas of insurance.
LFC Insurance Group acquire shareholding of R. S. Hayworth & Co
LFC Insurance Group, the South-East based commercial brokers, has acquired the shareholding of R. S. Hayworth & Co - trading as Shield Policies. This underwriting agency has a track record going back to 1923 and operates from Feering, near Colchester, in…
CBG continues acquisition spree
CBG Group, the Manchester based insurance broker, financial adviser and healthcare specialist, has completed the acquisition of Howgud, and it’s trading subsidiaries, EDN (Insurance Services), E Davies (Northern) and EDN (Financial Services), on 04 April…