Broker
Cobra returns to profit
Cobra Holdings has reported a pre-tax profit of £392,000 for the year ended 31 March 2010, compared to a loss of £23,000 the previous year.
The Policy Shop creates property division
Coventry-based broker The Policy Shop has launched a new property division which will lead to the creation of up to 40 new jobs over the next 12 months.
Keychoice Underwriting launches to broker members
SSP-owned commercial underwriting agency, Keychoice Underwriting, has officially launched its commercial combined, package and property owners products to Keychoice Network members, with additional commercial lines products to follow later in the year.
Sullivan returns at Willis
Former AIG boss Martin Sullivan, who was in charge during the financial crisis, returns to work.
Willis to appeal Indian regulatory renewal rejection and form new joint venture
Willis Group Holdings is to appeal the decision by the Insurance Regulatory Development Authority (IRDA) that it is "not inclined to accept" the license renewal application of the broker's joint venture in India, Willis India Insurance Brokers Pvt…
David Oliver Associates launches new commercial policy
Underwriting Agency David Oliver Associates (DOA) has chosen Sterling Insurance Company to underwrite its new Platinum Commercial Combined policy.
Aviva appoints head of new business sales
Aviva has appointed Ian Valentine as head of new business sales.
Margaret Cole appointed to FSA Board
Margaret Cole has joined the Financial Services Authority Board as managing director of enforcement and financial crime, effective from today, 7 September 2010.
LV reaps benefits of below average motor rate increases
LV has increased motor rates by 25% but its general insurance managing director John O'Roarke said that it has still been possible to write profitable business.
UK insurance consumers seeking return to "corner shop" approach
Some 72% of UK consumers would show greater loyalty to insurance providers that demonstrate they know who they are and can refer to all aspects of the client’s history during any transaction, according to research.
Axa launches online portal for personal lines brokers
Axa Insurance has launched an online portal for independent personal lines brokers called PartnerSpace, which provides a forum designed to allow intermediaries to discuss business issues and ideas with the insurer and their peers using social media…
Coversure opens new branch in Leicester
Coversure has opened its 90th office with the opening of a new branch in Leicester. It follows recent openings in Newcastle, Tamworth and London.
Marsh raids Aon for director in Isle of Man
Marsh has appointed Ann Collins to the newly created role of client service director of its insurance broking operations on the Isle of Man.
CII launches online ethics course
The Chartered Insurance Institute (CII) has launched an online learning course in ethics for all Personal Finance Society (PFS) and CII members in response to a dip in public confidence in insurance.
Omega hires MD from RK Harrison
Omega Insurance Holdings has announced that David Reed will become managing director of its managing agency Omega Underwriting Agents subject to regulatory approval.
Fraud blamed for record motor premium rise
Fraud is pushing car insurance premiums up faster than ever, according to AA Insurance.
Lloyd's joins forces with brokers in Ipad trial
Lloyd’s has joined with brokers Marsh, Cooper Gay and RK Harrison Group to trial the use of Ipads in its underwriting room.
Arista boosts Bristol team with hires from Chartis, NIG and Axa
Commercial lines underwriting specialist Arista Insurance has made three appointments to further strengthen its Bristol office.
Brokers fighting harder to get claims paid, says Biba
Brokers have to fight harder to get claims paid during the economic downturn due to stricter policy interpretations and anti fraud-systems by insurers, according to the British Insurance Brokers' Association (Biba).
National insurance holiday for regional start-ups begins
A new regional National Insurance Contributions (NICs) holiday for new businesses came into effect today (6 September, 2010).
Bluefin appointed as broker for Scottish Premier League
The Scottish Premier League (SPL) has appointed Bluefin as its nominated insurance broker to place its central programme for member clubs including Celtic, Rangers and Dundee United.
PB Week: Embracing the digital marketing future
The brokers I meet to discuss digital marketing tend to fall into one of two camps.
Gadget insurance comparison service launched
Aggregator Moneymaxim.co.uk has announced the launch of what it claims is the UK's first gadget insurance comparison service.
FSA imposes lifetime ban on broker
The Financial Services Authority (FSA) has banned insurance broker David Marriott for persistent misuse of client money after using clients funds to support his businesses and finance bonuses, salary increases and new cars.