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Alec Finch appoints managing director
Alec Finch and Company has appointed Paula Williams as managing director with effect from tomorrow.
UK insurance law biased towards insurers
Over 35% of companies in the global insurance market has admitted that there is a bias towards insurers, rather than insured parties, in UK insurance law, accoridng to research. A survey of more than 40 companies in the global insurance market highlights…
Vehicle recovery costs set to soar
Norwich Union (NU) is calling for stricter and more controlled statutory charges following recent Home Office proposals to hike costs for removing vehicles from the highway under police powers.
Moorhouse seals Cobra deal
Moorhouse has completed a distribution deal worth £40m over five years with commercial broker network Cobra.
Compensation deadline for victims of abuse extended
A landmark judgment handed down by the House of Lords has effectively extended the deadline for some abused victims seeking compensation from their abusers. In some sectors this will also affect employers of those abusers, particularly in health, social…
Five more jump ship at Erinaceous
The exodus at Erinaceous continues with the news that five members of the troubled company’s Homelet sales team had joined Cullum Capital Ventures (CCV).
Sheila's Wheels move into home insurance
The female-focused Sheilas’ Wheels brand have launched Sheilas’ Wheels home insurance.
IIB plans Andrew Paddick's memorial
Barbara Bradshaw, IIB director, has announced that Andrew’s funeral will be private, but the Institute will be organising a memorial service in London during the Spring.
Jelf Group restructure board during further corporate activity
Jelf Group, the Bristol-based full-service corporate intermediary, has announced significant corporate activity.
FSA admits to supervisory failings
The Financial Services Authority (FSA) has made the following statement in response to the report of the Treasury Committee of the House of Commons entitled "The Run on the Rock".
Towergate heads north
Towergate has made further inroads into the Scottish market with the acquisition of McAra Associates.
Three heads become one at VP
Stuart Reid has been appointed sole CEO of Venture Preference with immediate effect. Paul Meehan and Chris Blackham, formerly joint CEOs are leaving the company.
Drawn out PWS buyout concluded
In a sharp turnaround, THB has completed the protracted acquisition of the Lloyd’s broking business of PWS International and certain overseas interests of the PWS group.
Manchester-based Reich Insurance Brokers acquires local broker
Reich Insurance has acquired WB Tidey & Co, the Manchester based Insurance Broker. The acquisition will bring the combined gross premium income of the Reich group of companies to £48m.
Andrew Paddick passes away
The Institute of Insurance Brokers (IIB) has announced the sudden death of Andrew Paddick, director general, earlier today.
Towergate adds to payment protection portfolio
Towergate has announced the acquisition of payment protection specialist, British Insurance.
IIB responds to Hunt Review
The Institute of Insurance Brokers (IIB) has responded to the review, being conducted by Lord Hunt, into the Financial Ombudsman Service (FOS).
eBay teams up with insurance comparison website
eBayMotors.co.uk, a UK online showroom, has partnered with the original insurance comparison website, www.insurancewide.com, in a unique deal to provide site visitors with a comprehensive choice of car insurance options.
Scottish broker's independence assured with MBO
The independence of one of Scotland’s largest independent insurance brokers, Central Insurance Services, has been secured following a management buy out (MBO) supported by the Royal Bank of Scotland.
Biba's call for tougher regulation rejected by Gocompare
Gocompare has hit back at Biba’s call for tougher regulation of comparison websites.
Biba hits out at aggregators again
The British Insurance Brokers’ Association (Biba) has called on the Financial Services Authority (FSA) to urgently review its Insurance Conduct of Business rules for electronic introductions, following independent research into price comparison websites.
Towergate rewards Trinity Hospice for innovation
Towergate has awarded a grant of £2,800 to Trinity Hospice, for a new project to raise money to fund its work caring for local people with terminal illness and their families.
New network guide published
Broker Network has sponsored industry consultant Tony Cornell to produce a guide to help independent insurance brokers make an informed choice when joining a network.
Erinaceous's Biggest Fee Earner Defects to Lockton
Lockton’s Real Estate and Construction division has appointed Simon Millar as director. He will be responsible for new business development and client relationship management.