Broker
FCA warns brokers over Pacific Blu
The Financial Conduct Authority (FCA) has told insurance brokers to withdraw sales of Pacific Blu’s policies immediately.
Allianz alleged to be on Soca list of firms which hired rogue PIs
Allianz has been named as one of the firms on a list of blue chip organisations to use corrupt private detectives, it has been reported.
Lorica adds seven
Lorica Insurance Brokers has appointed seven new starters in roles based in London, Birmingham and Hemel Hempstead.
EY nabs ex-FSA chief Nicoll
Sheila Nicoll, the former director of conduct policy at the Financial Services Authority (FSA), has joined EY’s asset management practice as a senior advisor.
UK Broker Awards 2013: Homer’s achievements celebrated
Five hundred attendees at Insurance Age’s UK Broker Awards celebrated the achievements of Andy Homer, as he received his award for promoting the general insurance broking industry throughout his career.
Covéa deputy chairman Fearn to step down after 14 years
Garry Fearn is to step down from his role as executive deputy chairman at Covéa Insurance.
Hard to please
You're damned if you do and you're damned if you don't.
FCA states it has never used private investigators
The Financial Conduct Authority (FCA) has stated that it has never used private investigators.
RSA's Redhill launch in "direct response" to brokers
RSA has described the launch of its commercial trading site in Redhill as a "direct response" to broker demand.
AJG's Deakin dismisses Giles integration challenge
Arthur J Gallagher's (AJG) new commercial director Janice Deakin has insisted that the integration of Giles will not be a "complicated business".
Canopius Group posts improved profit, GWP and COR
Canopius Group has reported a profit of £42m for the first six months of 2013, up almost £10m from the £33m reported in the same period of 2012.
Arthur J Gallagher confirms £233m cash purchase of Giles
Arthur J Gallagher (AJG) has confirmed a cash deal worth £233m for Giles funded through free cash and borrowings on its line of credit.
Abbey Protection enjoys 6% post-tax profit rise
Abbey Protection has seen its post-tax profits edge up 6% to £4.2m for the first half of the year, up on the £3.9m recorded for the same period last year.
QBE reveals revamp to meet broker needs
QBE has unveiled plans to split its European division into two segments, retail and international markets.
MPs hand Soca Monday deadline to publish rogue investigator list
MPs have given the Serious Organised Crime Agency (Soca) a deadline of Monday 9 September to publish the list of insurance companies and law firms who hired rogue private investigators.
Rise in PPI complaints takes FoS to new record
The Financial Ombudsman Service (FoS) has revealed that complaints between 1 January and 30 June 2013 reached a record high of 327,035, a 15% increase on the previous six months.
IIG launches contractors scheme
Incorporated Insurance Group (IIG) has launched a new contractors’ all-risks scheme, stating it made the move in response to broker demand.
Editor’s letter - September 2013
“It appears, at least at first glance, that insurers are staying true to their word that they are no longer chasing volume”
Brokers express grievances over Aviva’s stance on fleet
Insurer accused of looking to “shed” its fleet business
Adding up the cost
After Swinton other brokers may be facing fines from the regulator says Branko Bjelobaba, but it doesn’t have to be that way
Driving telematics forward
It’s no longer just the big players that can afford to get on board with telematics, so brokers need to get up to speed, says Adrian Coupland
Insurecom takeover comes with promise of new products for UK market
Brokers welcome Applied Systems’ takeover of Insurecom as a “vote of confidence” in the UK
The price is right
The regulator is taking a close look at dual pricing but as Tony Cornell argues it can be a vital ingredient of a dynamic and competitive market
Market moves: Summer lullings
Traditionally, August is a fairly quiet month in terms of news, but that never seems to affect Market moves. It was as busy a month as ever, although regular readers will note the absence of several previous stalwarts of this section – Towergate and…