Broker
Hyperion celebrates 21% rise in revenue
Hyperion Insurance Group, has reported a 21% increase in revenue to £87m for the year ended September 2011.
Towergate goes for change with latest appointment
Towergate Insurance has appointed a group change director tasked with delivering the business’ key strategic priorities.
UK General secures new capacity
UK General has agreed a new capacity deal with Ecclesiastical vehicle, Ansvar.
Romero bags second director from rival Henderson
Leeds-based Romero Insurance Brokers has appointed former Henderson director Darron Brady as its new business sales director.
Cruise ship disaster costliest in maritime history
The Costa Concordia crash could be the biggest insured loss in maritime history.
Network player pinches second broker from Oval
Oval has lost another latent defects expert to TEn network member, Building and Land Guarantees (BLG).
Video: What the Papers Say latest edition
This month Martin Friel, editor of Insurance Age, and Emmanuel Kenning Features editor, are joined by Aviva's senior media relations manager, Erik Nelson.
Ex-Powerplace director joins Perkins Slade
Perkins Slade has named former Powerplace sales and marketing director, Darren Rowe, as managing director for corporate business.
SME confidence hits record low
Research by the Federation of Small Businesses (FSB) has revealed confidence amongst SMEs to be at the lowest level since its ‘Voice of Small Business’ Index started in 2010.
Marsh’s UK leader moves to European role
Marsh has appointed Martin South, CEO of UK and Ireland, to the newly-created role of CEO, Marsh Europe.
Ex-Jubilee chief returns to market
Andreas Loucaides has been appointed syndicate operations and development director at a Lloyd’s syndicate – A G Dore & Others (Syndicate 2526) – less than a month after his sudden departure from Jubilee.
Ink snaps up Adding1’s commercial wholesale book
Ink Insurance has bought Adding1’s property, liability and motor fleet based business and confirmed that CEO Julio Rodilosso will be retained in a consultancy role.
Biba welcomes Treasury FCA report
The British Insurance Brokers’ Association (Biba) has welcomed the Treasury Select Committee’s report on the Financial Conduct Authority (FCA).
Aon moves corporate HQ to London
Aon has announced it will move its corporate headquarters to London to gain greater access to emerging markets and take better advantage of strategic proximity to Lloyd’s and the London market.
Where now for Groupama et al?
So we’ve got three insurers up for sale, namely RBSI, Brit and now Groupama. Consolidation in the insurer space has been predicted for some time now but I don’t think people expected it to happen like this – more deals done behind closed doors than…
LV creates 50 jobs in Bristol
LV has announced it is to create 50 new jobs in the first quarter of 2012 through expanding its Bristol operation.
Groupama broker insists business as usual despite sale
Graham Lark, chief executive of Lark Group, has told Insurance Age he believes it is business as usual for the broker following the news of Groupama putting its UK business up for sale.
Motor premium hardening grinds to a halt
Motor insurance premiums rose by only 0.05% for the average comprehensive policy in the final quarter of 2011, a survey by Confused.com and Towers Watson has revealed.
NIG wins events underwriting contract from Axa
NIG has won the contract to underwrite the core business of Event Insurance Services (EIS) from incumbent provider, Axa.
Aon swoops for Willis COO
Aon Risk Solutions, the global risk management business of Aon Corporation, has appointed Chris Lee-Smith as chief operating officer of its UK retail business.
Biba commits to regulatory focus for 2012
The British Insurance Brokers’ Association (Biba) has revealed that its main focus for 2012 will be achieving appropriate, proportionate and cost effective regulation for its members.
Bartlett adds Lloyd’s offering
Bartlett & Company has registered as a Lloyd’s broker in a move which it believes will open new markets for business.
Allianz stakes claim for industry first with broker scholarship scheme
Allianz Commercial has launched a new scholarship programme to support staff at chartered brokers in achieving their Chartered Insurance Institute (CII) Diploma in Insurance.
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.