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Lloyd's capacity down

Lloyd's underwriting capacity reached £15.95bn on 1 January. This business is supported by 176 broke...

Start-up broker scoops award

Commercial broker and Layton Blackham Business Solutions partner, Prizm Solutions has been named Midlands Small Business of the Year 2008 after only 12 months of trading. The prestigious award was presented to Prizm Solutions at Birmingham’s…

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.

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).

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.

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".

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.

Andrew Paddick passes away

The Institute of Insurance Brokers (IIB) has announced the sudden death of Andrew Paddick, director general, earlier today.

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.

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