Insurance Age staff

NG acquires Peter Adams Insurance Brokers

Broker Network Members NG Insurance Services Ltd (“NG”) and Peter Adams Insurance Brokers Ltd (“PAIB”) have joined forces, following the acquisition of PAIB by NG.

10 Jul 2007

Personal

uSwitch highlight the rise of invalid insurance

More than 2.5 million motorists in the UK could find themselves with an invalid insurance policy by providing inaccurate information during the application process.

10 Jul 2007

Management

THB profits rise on 31% growth

THB Group, the UK-based specialist insurance broking and risk management group, has announced a growth in profit and turnover for the financial year ended 30 April 2007.

10 Jul 2007

Management

Budget Group of Companies changes name

The Budget Group of Companies has changed its name to the BGL Group. The broker stated that the name change aimed to reflect the increased breadth and diversity of the company, within its six trading divisions: Budget & Dial, Junction, comparethemarket…

09 Jul 2007

Equity acquires Coventry broker's book

Equity has acquired the general insurance book of Coventry broker, R & C Insurance Consultants.

05 Jul 2007

Broker

Real Insurance Brokers acquire GIS Insurance Consultants

The Mansfield based broker, Real Insurance, announced its acquisition of local broker, GIS Insurance Consultants.

05 Jul 2007

Personal

Markerstudy gain Group Optima

Markerstudy Group has purchased Birmingham based intermediary Group Optima (which includes Cabs 2000 and Cassidy Insurance Services. Following hot on the heels of the Insurance Factory, this is its sixth successive acquisition to date.

05 Jul 2007

Personal

Highway acquires over 30,000 motor insurance policies

The Board of Highway Insurance Holdings has announced that its broking subsidiary, Hero Insurance Services has agreed to buy 32,000 private car policies from Local Broker, an insurance intermediary brand that is part of the Budget Group of companies for…

05 Jul 2007

Insurer

Marsh focuses on SME sector with new recruit

Marsh has appointed Chris Wallace as head of its commercial client practice in the UK, aimed at growing its share of the UK's SME market.

04 Jul 2007

Personal

Prime Professions launches Solicitors’ deal

Prime Professions, the specialist professional indemnity insurance (PII) broker has teamed up with a Law Society approved insurer to bring to market a deal for Sole Practitioners.

04 Jul 2007

Broker

Towergate claims victory in court battle with Beckett

Towergate has come to a financial agreement with Bob Beckett and his co-defendants to resolve the dispute over the breaching of restrictive covenants by Mr Beckett and former Towergate employees who joined him at Insurance Risk Solutions in Bury St…

03 Jul 2007

Management

First brokers attain CII chartered status

Insurance brokers Stuart Alexander, Layton Blackham and Smart & Cook have all successfully achieved CII Corporate Chartered status for their individual firms.

02 Jul 2007

E-Trading

Glasgow predicts more insurers will make a move

Glasgow’s International Financial Services District has predicted that more foreign insurance giants will shortlist Glasgow as an option for expansion after Mercer’s recent Cost of Living survey highlighted the low cost of living for expats in Glasgow –…

02 Jul 2007

Regulation

Axa welcomes FSA regulation of travel insurance

Axa has welcomed the Treasury announcement that the Government intends to give the Financial Services Authority (FSA) the responsibility for regulating the selling of travel insurance sold along with a holiday.