Broker
Colosso’s exit from Gallagher confirmed
Arthur J Gallagher International has confirmed that Adrian Colosso will not return to the role of chief executive of UK retail for the company, sister title PostOnline has revealed.
Momentum targets 25 new brokers in 2012
Momentum has confirmed it signed up 23 appointed representatives (AR) in its first full year of trading and has targeted another 25 broking businesses in 2012.
Aspen achieves chartered status
Aspen Risk Management has been awarded corporate Chartered Insurers status by the Chartered Insurance Institute.
Hoban calls on insurance industry to face long term challenges
Mark Hoban MP has warned that the insurance industry must be careful to avoid becoming “absorbed by the short term challenges” it faces and be more aware of the long term difficulties.
Hyperion launches takeover bid for Lloyd's broker
Hyperion has entered into talks with Lloyd's broker Windsor regarding a potential offer.
Stonebridge targets print industry with new division
Stonebridge Corporate has teamed up with Randall & Quilter to develop a new range of insurance products for the printing industry.
Storms whip up car claims
AA Insurance has revealed that the storms which hit parts of the UK in the first five days of January caused a 28% increase in car insurance claims compared with the same period of 2011.
New account executive for Jelf Manson
Jelf Manson has appointed Alastair Teague as account executive.
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.