Broker
Aviva cites market volatility after PI pullback
Aviva has cited the volatility of the professional indemnity (PI) market following its decision to stop writing business for non-corporates and standalone policies.
Bluefin appoints Boden as chairman
Bluefin has appointed George Boden as non-executive chairman of the board.
BP Marsh rules out Towergate swoop as it targets "anything that moves"
BP Marsh is targeting new investment opportunities to make use of the £29.2m generated from the sale of its 80% stake in Hyperion to General Atlantic.
FCA board members confirmed
The members of the Financial Conduct Authority (FCA) board have been confirmed for when the new regulator starts operating on 1 April 2013.
Carpe diem! Sentiment Survey enters last-chance saloon
It is the last chance 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.
Allianz Scholarship Programme sign of industry "commitment"
The Allianz Scholarship Programme is a demonstration of its "commitment to the industry", according to Chris Hanks, general manager, Allianz Commercial.
Biba and SEIB team up for new equestrian scheme
The British Insurance Brokers’ Association (Biba) has appointed South Essex Insurance Brokers (SEIB) to provide a new equestrian scheme to its members.
Hyperion plans to go public as equity firm buys 30% stake
Equity firm General Atlantic has agreed to buy 30% of the shares in Hyperion Insurance Group, as the broking group prepares to float.
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.