Articles by Louise Meeson
Jelf looks to raise £17m after reporting operating loss
Jelf has revealed it is in advanced discussions regarding the raising of a possible £17m after reporting an operating loss of £9.7m for the year ending 30 September 2009 (2008: £5.1m).
One in five admit to insurance 'fronting'
New research from the Motor Insurers Bureau (MIB) and Aviva reveals that 70% of UK drivers do not understand what 'fronting' means, but that one in five of those that do understand the term admit to it.
Resignations on rise in insurance sector
Resignations amongst staff in the insurance sector have increased in the year to February 2010, despite growing fears over job security, according to new research.
Broker Direct teams up with Axa for home insurance product
Broker Direct have announced the launch of BD Home Options, a new household insurance product developed in partnership with, and underwritten by Axa Insurance.
Faber & Dumas hires business development director
Gerry Tollan has joined Faber & Dumas, the wholesale brokerage division of Willis Group Holdings, as business development director.
QBE boosts Manchester office
QBE European Operations has appointed Simon Smith as property underwriter in its Manchester office.
Bennetts hires regional director from Jelf Group
Insurance broker Bennetts Commercial has appointed Carole Lowe as a director to its senior management team.
Cunningham Lindsey raids Garwyn for area manager
Cunningham Lindsey’s liability services has hired new area manager, Adrian Hotson, in its latest appointment from casualty market rivals Garwyn.
Torus announces $185m equity investment boost
Torus has announced an additional equity investment of $185m (£120m) to support the expansion of its specialty insurance and reinsurance businesses.
Aviva warns of vacant property rise
A new study by the Local Data Company shows that retail property vacancy rates across Britain rose 2% in the past six months of last year to 12%, with some towns seeing as much as 24% of its shops lying empty.
Sterling launches new product following broker consultation
Sterling Insurance has announced the launch of its new Executive Business product.
Towergate raids HSBC for new managing director
Caravan and park homes broker Towergate Bakers has announced the appointment of Simon Townsend as its managing director.
Bluefin reports fall in revenue
Axa-owned Bluefin Insurance Group (BIG) has reported a 9% fall in revenues to £116m in 2009.
Axa UK's GI earnings tumble
Axa's total general insurance (GI) and health underlying earnings in the UK and Ireland have fallen 63% to £90m in 2009, compared to £244m in 2008.
Ace raids RBS for travel director
Ace European Group has announced the appointment of Chris Price to the newly created role of regional director of travel insurance for the Europe, Middle East and Africa (EMEA) region.
Firm warns of power vacuum following Sants departure from FSA
The UK financial services industry needs to remain calm despite the announcement of Hector Sants' departure from the Financial Services Authority (FSA), warns Wolters Kluwer Financial Services.
Broker UIB expands energy division
Insurance broker UIB has appointed Charles Walker to help expand its offshore energy division.
Groupama announces talent drive
Groupama Insurances is implementing a three year talent plan and has appointed Jordan O'Connor in the newly created role of talent and resourcing manager to drive the initiative.
Marsh launches construction consulting practice
Marsh has launched a specialist construction consulting practice to provide dispute resolution, risk advisory, and audit services to the construction and engineering industries across EMEA.
Sterling partners with Legal & General
Sterling Insurance Company has been chosen as a Legal & General Network partner, offering home insurance to its high net worth clients.
QBE appoints new motor chief
QBE European Operations has announced the appointment of Steve Dickie to the position of Motor Fleet Portfolio Manager within its motor division.
TIP expands into Leeds
Independent insurance broker The Insurance Partnership (TIP) is establishing a presence in Leeds and surrounding areas.
Groupama hires new head of commercial underwriting
Groupama Insurances has appointed Dawn Dillaway in the newly created role of head of commercial underwriting.
FSCS predicts rise in PPI claims
Rising payment protection insurance (PPI) and investment claims are key drivers of compensation costs for the rest of 2009/10 and into 2010/11, according to the Financial Services Compensation Scheme.