Broker
Lloyd’s profits approach £3bn
Lloyd’s has announced a profit of £2.77bn for 2012, reversing a loss of £516m in 2011. The market also saw an improvement in its combined ratio to 91.1%.
Broker Sentiment Survey enters last 48 hours – don’t miss out
There are only 48 hours for brokers to get involved with the first Sentiment Survey of 2013 and make sure their views on the likes of dual pricing and regulation are heard by insurers.
Lucky 13 for RK Harrison as profits up again
RK Harrison has recorded a 13th successive year of growth and increasing profit.
La Playa sets out acquisitions role for Mullee
Matthew Mullee, co-founder and formerly private client director at La Playa has been appointed director of growth and acquisition for the broker.
Bollington names new COO in string of senior appointments
Bollington has appointed David Simpson as chief operating officer, with responsibility for finance and operations.
Nash joins Miller
Richard Nash, a specialist in global property and casualty programme design and placement for UK and European corporates, has joined Miller.
CII group proposes London Market internship framework
The Chartered Insurance Institute’s (CII) London Market faculty New Generation group has proposed a new internship programme to help young people begin a career in the market.
LV Broker claims 'real-time' first with broker system
LV Broker has unveiled a new management system designed to help brokers control their accounts online.
Co-op Insurance reacts to job loss fears
The Co-operative Insurance has moved to quell concerns over the jobs of more than 1,000 employees following the announcement it is up for sale.
Compare The Market owner BGL appoints Donaldson to succeed Winslow as CEO
The BGL Group has appointed Matthew Donaldson to the role of chief executive officer with predecessor Peter Winslow becoming group executive chairman.
New broker regulator FCA to focus on add-on products
The incoming Financial Conduct Authority (FCA) is to focus on add-on products and services in the general insurance market.
Firms have no need to fear FCA, says Wheatley
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has stated that the new regulator will be less aggressive than the Financial Services Authority (FSA).
Ex-Towergate regional MD joins Glendinning
Neil Forrest, formerly regional managing director for the North at Towergate, is to join JM Glendinning on 23 April.
Insurers urged to shape up ahead of Consumer Insurance Act
Law firm Keoghs has urged insurers to review their questionnaires and underwriting guidelines ahead of the introduction of the Consumer Insurance Act (CIA).
No IPO on the table at Hastings
Gary Hoffman, chief executive of Hastings Insurance Group, has reiterated that an IPO is not in the pipeline for the company as it posted soaring profits, although it could still be an option in the future.
Profits soar at Hastings
Hastings Insurance Group has announced a 100% increase in Ebitda to £70m along with a near doubling of profit before tax from £31m in 2011 to £61m for the year ended 31 December 2012.
Broker Apprentice: The results
Judgement Day… So we come to the final session and my decision.
Direct Line Group chief Geddes paid £1.9m in 2012
Paul Geddes, chief executive of Direct Line Group, received £1.861m total remuneration in 2012.
Co-op insists sale decision "will not change" broker relationships
The Co-operative Insurance has claimed that the announcement it is up for sale "will not change the very important commercial relationship" it has with brokers.
Broker Apprentice: The winner is revealed
In this the eighth show of the series the winner of the Broker Apprentice 2013 series is revealed.
Lorica set to launch Northampton branch
Lorica Insurance Brokers is to open a new branch in Northampton amid a flurry of appointments.
Axa cites rival insurers for snubbing community brokers
Axa has taken a swipe at rival insurers for having "largely ignored" community brokers.
Open GI and 'forgotten' Powerplace in SME broker launch
Open GI group CEO Chris Guillaume has stated that PowerPlace was "forgotten about" because it was not a priority for Towergate.
AMII chairman confirms Bupa trade body return
The chairman of the Association of Medical Insurance Intermediaries (AMII) has confirmed that Bupa is poised to work with members once again in the consumer private medical insurance (PMI) channel.