Broker
Survey finds 96% of young drivers feel priced off the road
Research by Young Marmalade has revealed that 96% of young drivers think they are being priced off the road because of high motor insurance premiums.
Deacon aims for growth with two new managers
Deacon has appointed two new managers for marketing and business sales respectively.
UK Broker Conference 2011: Hilton upbeat on UK prospects, especially for SMEs
Anthony Hilton, financial editor of the London Evening Standard, told delegates at the inaugural UK Broker Conference that recessions were much worse in the 1970s and that he believed the UK’s economy would improve in 2012.
Mageean signs up with Broker Network and Countrywide
Bernard Mageean has been appointed as director of insurer relations at Broker Network and Countrywide.
Plum plucks senior underwriter from Brit
Plum Underwriting has appointed Paul Evans to the position of senior underwriter with immediate effect.
Besso hires new non-exec director
Independent Lloyd’s broker Besso Insurance Group has appointed Tony Hulse as non-executive director.
More QE to help 'worst financial crisis ever'
Mervyn King, governor of the Bank of England, has dubbed the current financial crisis the worst the UK has ever seen.
Arag appoints new business development executive
Arag has appointed Adam Furniss as business development executive in the North of England, also covering Scotland and Northern Ireland.
Axa adds to independent development team
Axa Personal Lines has appointed Mike Worne as a new independent partner development executive.
Bluefin set to buy again
Bluefin chief executive, Stuart Reid, has revealed that the broker is set to embark on a new consolidation drive after securing funds from parent company Axa.
BGL reports 16% growth in profit
BGL Group has reported pre-tax profits of £72m for the year end June 2011, a year-on-year growth of 16%.
Video: reaction to referral fee ban at Expo South
At the inaugural Broker Expo South, Insurance Age spoke to attendees about their reaction to the proposed ban on referral fees.
Wilmslow PPI claims to be accepted by FSCS
Wilmslow Financial Services, a broker specialising in payment protection insurance (PPI), has officially been declared in default.
Garratts appoints new associate director
Garratts, the Lancashire-based insurance broker and risk advisor, has promoted Claire Porter to associate director.
Jelf attains Chartered Status
Jelf Insurance Brokers has been awarded Chartered Status by the Chartered Insurance Institute (CII).
Jelf appoints new PI team
Jelf Professions has appointed a new professional indemnity (PI) team based at the company’s Manchester office.
IIB 'delighted' with FSCS funding review decision
The Institute of Insurance Brokers (IIB) has welcomed news that the Financial Services Authority (FSA) is to restart its funding review of the Financial Services Compensation Scheme (FSCS).
Biba backs FSCS funding review
The British Insurance Brokers’ Association (Biba) has given its full backing to the Financial Services Authority (FSA) following its announcement that it is restarting its funding review of the Financial Services Compensation Scheme (FSCS).
Axa adds to commercial lines senior team
Axa Commercial Lines has made three senior appointments and promised to bring new products to market.
Peter Staddon joins Devitt
Peter Staddon has joined Devitt as broker personal lines executive director, Insurance Age’s sister title Post has learnt.
Markel launches liability contract for UK media
Markel UK has launched a new liability contract providing coverage on a civil liability basis for media liability to meet the growing risks facing the UK media industry.
Editor’s letter - October 2011
“The government, always keen to jump on a bandwagon, has taken up public concerns over soaring premiums”
Reportage: Do the right thing
Getting the level of payouts, customer service and the time taken to process a claim correctly is a tricky job, but the industry is starting to get the balance right, reports Edward Murray
Power hour: Survive the surge
Claims are seen as the shop window of the insurance industry. However, this sector seldom gets the chance to show its capability outside major surges in claims such as last year’s ‘big freeze’ or the recent riots, writes Martin Friel