Broker
Ageas reaches out-of-court settlement with ex-Castle Cover men
Ageas has reached an out-of-court settlement with several former senior Castle Cover figures.
Markel improves COR by 5%
Markel International has reported a combined operating ratio (COR) of 92% for the first quarter of 2013, compared with 97% in the same period of last year.
Biba and ABI launch telematics guides
The Association of British Insurers (ABI) and the British Insurance Brokers’ Association (Biba) have produced two guides on telematics.
Lorega launches telephone support offering
Lorega has launched a telephone support offering designed to provide homeowners with swift response access to independent loss-adjusting experts.
RWA Group in Consumer Insurance Act learning platform aid
RWA Group has become the latest party to warn brokers about the implications of the Consumer Insurance Act and has also made an online tool available for brokers to get on top of the legislation.
Towergate bondholder report reveals £11.6m PowerPlace loss
Towergate racked up an £11.6m loss on the sale of PowerPlace, its annual bondholder 2012 report has revealed.
PowerPlace confirms free broker access to SME web product
PowerPlace has revealed that brokers will be able to access its B2C SME web trading offering without needing to pay upfront costs, provided minimum business volumes are transacted.
Dearth of insurer clarity leaves brokers in a tight spot
The Consumer Insurance Act is less than a month old but already broker alarm bells have begun ringing.
Covea targets frustrated brokers in commercial growth bid
Covea Insurance has set its sights on securing the business of brokers disillusioned with the leading insurers as it looks to double its commercial book.
Arc adds Noble Marine to roster
Arc Legal Assistance has signed up with Noble Marine Insurance to offer products to over 20,000 policyholders.
Purple takes on NIG mainstay to drive southern business
Purple Partnership has snapped up former NIG stalwart Andrew Elliot as development manager for the South.
Towergate looks to bond markets to refinance debt with £396m deal
Towergate has turned to the bond markets in a bid to refinance "certain existing debt instruments".
Covea unveils commercial strategy to rival "traditional" mid-market insurers
Covea Insurance is looking to sign up a trio of senior recruits as it sets its sights on repositioning itself as a "credible alternative to traditional mid-market insurers".
McCann to replace Plumeri at Willis
Willis has confirmed that Jim McCann will succeed Joe Plumeri as non-executive chairman when he retires in July.
Aon enjoys 10% profit growth for Q1 2013
Aon has posted a 10% profit rise to $261m [£169m] from $238m for the first quarter of 2013, compared to the same period last year.
Axa launches tradesman policy on PowerPlace
Axa Commercial Lines has launched its tradesman and professional policy on PowerPlace - its fifth product to go live on the online marketplace.
Sterling rebuffs commoditisation debate with PI cover launch
Sterling Insurance has rejected the commoditisation debate with the launch of a new professional indemnity (PI) cover.
UKGI exposes liability claims fears
Brokers’ most pressing concern is the fear of being exposed to liability claims for the delivery of inaccurate risk data following the implementation of the Consumer Insurance Act, according to a survey by UKGI.
Professionalism: The LinkedIn debate
As the insurer challenge section of Insurance Age’s year-long Professional campaign draws to an end, readers have been sharing their thoughts on LinkedIn.
Paul Beck returns to Oamps
Oamps (UK) Group has appointed Paul Beck as director of innovation and product development.
Motor and home premiums record Q1 fall
Car and home insurance premiums fell in the first quarter of 2013, according to the latest AA British insurance premium index.
Collinson buys Aria Assistance
The Collinson Group is to buy Aria Assistance as it looks to expand its portfolio of complementary businesses with the general insurance and financial services market.
Towergate looks north with twin appointment
Towergate Insurance has completed two senior moves on the back of its recently announced UK regional restructure.
Compass strikes three-year £20m deal with Ageas
Compass Broker Services has struck a three-year "strategic agreement" with Ageas UK Insurance worth an expected £20m covering both personal and commercial lines.