Broker
Biba throws weight behind OFT motor investigation
The British Insurance Brokers’ Association (Biba) has added its support to the Office of Fair Trading’s (OFT) investigation into credit hire and vehicle repair.
Three new directors for MGAA
The Managing General Agents Association (MGAA) has appointed three new directors to its board.
Finances improving at Oval despite £3m loss
The Oval Group is still making a loss but has improved its position on last year, according to the latest set of results.
Marsh unveils Norwich leader
Marsh has appointed Keith Fenwick to lead the broker's Norwich office, its largest UK branch outside of London.
OFT launches third party repair and credit hire investigation
The Office of Fair Trading (OFT) has launched an investigation into the provision of third party vehicle repairs and credit hire replacement vehicles in the UK motor market.
Patrick Smith not involved in Swinton share drama, says internal memo
Covea, the French insurer and ultimate parent of Swinton Group, has moved to distance chairman Patrick Smith from any wrongdoing associated with the sacking of the Swinton board.
Video: What the Papers Say, latest edition
This month, Insurance Age editor Martin Friel is joined by Jon Sellors, head of thought leadership at RSA and Insurance Age features editor, Emmanuel Kenning.
Entire Swinton executive board sacked
All of Swinton’s executive board has been fired with immediate effect by parent company Covea over concerns surrounding a performance-related share scheme.
Barton sees Jelf “bucking the trend”
Phil Barton, chief executive for insurance at Jelf, has described the broker’s 4.4% organic growth in insurance business to £44.8m as “no doubt bucking the trend” in the industry.
Jelf profits shoot up by more than 200%
Jelf has reported a 235% jump in profit, to £2.8m for the year ended September 2011, up from £0.9m for the year ended September 2010.
Insurers react to S&P downgrade warning
Axa, Aviva and Allianz have responded to the news that insurers could face a downgrade in their credit ratings by highlighting the link to the negative watch recently placed on Eurozone member countries.
RSA exits broker motorcycle market
RSA’s Personal Lines Broker has announced its decision to pull out of the UK motorcycle insurance market.
BAIS names new broker relationship team
Broker Assistance Insurance Services (BAIS) has made three appointments to form a new broker relationship team.
Scottish broker makes Edinburgh acquisition
Central Insurance has completed its second acquisition of the year with the purchase of Edinburgh-based Castle Cairn Insurance Brokers.
Brightside secures £100m capacity deal
Brightside Group has confirmed that a new capacity deal with an unnamed re-insurer will deliver £100m of extra capacity to its Gibraltar-based underwriting firm Southern Rock Insurance Company.
Insurance Age blog: Those flip-flopping insurers
Insurers are a funny bunch. They always seem to be changing their minds about stuff. One day they love a particular line of business, the next they are getting out of it.
Those flip-flopping insurers
Insurers are a funny bunch. They always seem to be changing their minds about stuff. One day they love a particular line of business, the next they are getting out of it. It's the same with individuals.
Cobra sells subsidiary business for £3.3m
Cobra Holdings has sold subsidiary business Cobra Corporate Solutions (CCS) to ISO Investments, a company controlled by Cobra shareholder Phil Truman, for £3.3m.
FUW joins Broker Network
The Farmers’ Union of Wales’ insurance arm, FUW Insurance Services (“FUW”) has signed up with Broker Network.
Moscrops recruits from Car Care Plan
Lancashire-based broker Moscrops has appointed Andrew Champion as managing director following the retirement of Tim Chadwick after 40 years with the business.
Three brokers make top 100 UK companies
Three insurance brokers have made it onto this year’s Sunday Times Fast Track 100 list of UK companies with the fastest growing sales over the last three years.
Biba wants more recognition of brokers' value
The British Insurance Brokers’ Association (Biba) has said that there must be more recognition of the contribution brokers make to the UK economy.
Brokers urged to nominate local charities for cash windfall
Aviva has called on brokers to nominate worthy causes within their community for the chance to win thousands of pounds in donations.
Lloyd's player adds second non-exec in as many months
Besso Insurance Group has appointed Stephen Greene as non-executive director.