Broker
Towergate suffers two more senior resignations
Two senior managers at Towergate have handed in their resignations in as many weeks as the change of culture under new CEO Mark Hodges takes effect.
Giles' finance director steps down
Mark Chambers, finance director at Giles Insurance Brokers, resigned on 1 January according to new documents submitted to Companies House.
Brokers urged to respond to FSA consultation on PPI
Brokers have been urged to respond to the joint investigation into payment protection products by the Office of Fair Trading and Financial Services Authority (FSA) and respond accordingly.
Brokers' profitability predicted to fall
Brokers saw a strong decline in business at the end of 2011 and face further reductions in profitability at the start of 2012 according to a new report.
LV unveils new commercial distribution chief
LV Broker has promoted Kevan Aubrey to head of commercial distribution and Mark Campbell to head of key commercial accounts.
A New Year footballing insurance prediction
While the memories of sitting crushed against the sofa by the weight of too much turkey are starting to fade, my New Year prediction is unfortunately also one of being crushed, but this time it involves brokers and debt mountains.
FOS to introduce £350 PPI surcharge
The Financial Ombudsman Service (FOS) has revealed plans to introduce a supplementary case fee of £350 from April 2012 for firms that have more than 25 payment protection insurance (PPI) complaints.
Cameron's attack on H&S culture challenged by legal sector
David Cameron has vowed to “wage war” against the health and safety culture in Britain.
Household rates will continue to rise says PwC
Accounting firm PwC has warned that the recent winter storms could push household premiums up this year.
Biba offers sanction checking facility to members
The British Insurance Brokers’ Association (Biba) has launched a sanctions checking facility to help members comply with their obligations under the Terrorism Act and the Financial Services Authority’s (FSA) financial crime requirements.
La Playa adds yacht specialism
La Playa has appointed Mike Taylor-West to the new role of head of private client and marine, London, as the insurance broker looks to develop a specialism for yachts and pleasure craft.
Axa warns of home insurance claims surge
Home insurance claims are set to rise in the coming year due to the increased number of events taking place this summer, according to research conducted by Axa Personal Lines.
Lorica rides into 2012 on wave of new recruits
Hemel Hempstead-based Lorica Insurance Brokers has unveiled seven new hires across the country.
Introducing the Schemes Masterclass
Insurance Age is delighted to announce the first in its new masterclass series - how to identify, pitch and maintain a scheme.
Homer: Biba should represent all forms of intermediation
The British Insurance Brokers’ Association (Biba) should be the trade body for all forms of intermediation and not limit itself to brokers according to its new chairman, Andy Homer.
Ellis Clowes motors into 2012
Ellis Clowes has announced the appointment of ex-F1 driver and current pundit Mark Blundell as non-executive director.
Hastings boss to face Lloyd’s disciplinary board
Neil Utley, chairman of Hastings Direct, will face Lloyd’s enforcement board later in January over his time as boss at Equity Red Star.
Profile: Biba does Brussels
Distribution, European influence and a united voice for insurance are just some of the key areas new Biba chairman Andy Homer and CEO Eric Galbraith are focusing on, writes Martin Friel
R&Q takes on latest run-off business, adding to HNW portfolio
Randall and Quilter Investment Holdings (R&Q) has bought the yacht and marine trade book from Talbot Underwriting subsidiary Underwriting Risk Services.
Fresh Start for Voyager
Voyager Insurance Services has acquired the Fresh Start book of business from Culpeck Insurance services for an undisclosed sum.
JLT snaps up Irish broker
Jardine Lloyd Thompson’s (JLT) Irish arm has acquired FBD Insurance Brokers, an insurance broker based in Ireland in a deal worth up to €8.5m (£7.1m).
Hastings Direct to create 200 new jobs this year
Hastings Direct has announced that it aims to create 200 jobs in 2012.
Editor’s letter - January 2012
“The number of executives… that were dispatched in the last few of months of 2011 is staggering”
Government brings ABI young driver proposals to a full stop
Road safety minister rejects ABI proposals to place restrictions on new and young drivers