Articles by Insurance Age staff
Cobra acquires three brokers and an underwriting agency
The Board of Cobra Holdings, a major UK-based retail and wholesale insurance broking group, has acquired four businesses comprising of three insurance broking entities, Giles (Alton), J.K. Lee, G.D.K Insurance Services and an underwriting agency, County…
MOJ confirms delay
The delays to the personal injury reforms will likely continue until the end of the month, according to the Association of British Insurers (ABI).
Equity Insurance adds two acquistions to its tally
Equity Insurance Group has today completed two further book acquisitions, transferring both personal lines and commercial accounts into its growing branch network.
Jelf acquisitions push GWP towards £250m
Jelf Group, the Bristol-based consolidator, has acquired Clarke Roxburgh and its subsidiaries: Clarke Roxburgh Insurance Brokers, Clarke Roxburgh Financial Planning and Clarke Roxburgh Mortgages and Gillingham-based Argyll Insurance.
Marsh warns of hidden risks in corporate manslaughter legislation
Marsh has warned UK businesses of the hidden risk and insurance implications of the Corporate Manslaughter and Corporate Homicide Act 2007, which comes into force on 6 April.
Lloyd's reports £3.8bn profit
Lloyd's has announced £3.8bn profit for 2007
Participation key to UK Insurance Market gaining from Solvency II
Complacency amongst UK insurers about the impact of Solvency II, and a failure to take part in the Quantitative Impact Studies (QIS) taking place, risk the UK losing its established advantage as a leading insurance market in Europe, according to Deloitte…
Giles bolsters acquisition drive with new appointments
Giles Insurance Brokers has appointed Gordon Crosbie as Scottish regional managing director.
Hyperion partners with private equity firm
Private Equity company, 3i, has entered into a new partnership with Hyperion, the international insurance group, investing for a minority shareholding in the company in a deal valuing the business in excess of £120m.
Government launches initiatives to tackle fraud
The Government has launched fraud initiatives National Fraud Strategic Authority (NFSA) and National Fraud Reporting Centre (NFRC). The bodies have been established on the recommendations of the Government’s Fraud Review which reported in July 2007. The…
Biba urges action from government to safeguard UK property
The British Insurance Brokers' Association (Biba) has called for the Government to establish a single body to take overall responsibility for flooding and to co-ordinate a unified approach with the various stakeholders. The call comes as BIBA formally…
Giles continues to spend equity cash
Giles Insurance Brokers has made Surrey-based Sutton Barnard its latest acquisition following the recent £500m private equity investment in the company.
ABI and government launches SME campaign
The Association of British Insurers (ABI) has joined forces with the Government to raise the level of contingency planning among the 4.3 million small to medium-sized businesses in the UK.
RSA acquires Irish Underwriter
Royal & SunAlliance Insurance Group has acquired Sertus Underwriting in Ireland.
Swinton Business acquires commercial broker
Swinton Business, the commercial division of the UK's leading high street insurance retailer, Swinton Group, has acquired the independent broker Lawrences in a move to strengthen Swinton's commercial offering.
The new kids on the block
Multinational brokers are no longer the dominant force in the UK, writes David Lewis, as a new breed of fast-paced, agile brokers are ready to seize control of the mainstream market. He explains how local brokers are taking on their larger competitors in…
2007 travel claims bill tops £400m
Travel insurers faced a collective claims bill of more than £400m last year, according to travel ins...
The hottest insurance gossip
Some people will do anything to secure a bit of publicity, but commandeering a London bus appears to...
Biba to offer financial crime advice
The British Insurance Brokers' Association (Biba) is compiling a paper looking into financial crime ...
The FSA announces management changes
The Financial Services Authority (FSA) has announced that Clive Briault will be leaving the regulato...
Skewed mentality has set market adrift
I would like to commend Tony Cornell on another excellent article concerning Treating Customers Fair...
Woodstock Insurance acquires Financial Profiles
Woodstock Insurance Brokers has acquired the general insurance business of Financial Profiles. Tony ...
Carriers exposed to risk
Carriers are exposed to risk by creaky accounting and reporting systems, according to an industry ex...