Broker
NIG pulls personal lines
Royal Bank of Scotland insurer NIG has outlined plans to close its personal lines division and focus solely on commercial business
News round-up: July/August 2010
A brief round up of news from the secto.
Government to consult on how to implement Jackson Review
The coalition Government has announced a consultation on implementing the recommendations laid out in Lord Justice Jackson’s Review of Civil Litigation Costs.
Service is key factor in picking home insurance provider
More than 12 million people are set to switch utilities or insurance provider in search of 'better service', according to research.
JLT expands network in Europe
Three European independent insurance brokers SIACI Saint Honore (S2H), Greco Group (Greco) and Ecclesia Group have come together with Jardine Lloyd Thompson (JLT) to sign an exclusive trading agreement.
Bridle makes another acquisition
Bridle Insurance has acquired Southampton Insurance Services and Simple Insurance Solutions in a six figure deal.
Economic growth in surprise 1.1% climb
An estimate from the Office for National Statistics indicates the economy grew by 1.1% in the second quarter of this year.
ABI reveals fraudulent claims cost more than £16m a week
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers (ABI).
CII elects its 114th president
Chris Hanks, general manager of commercial insurance at Allianz, has been elected president of the Chartered Insurance Institute (CII).
FSCS has paid out over £200m in compensation
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out in compensation to over 21,000 claimants.
Willis slams Aon's stance on contingent commissions
Willis Group Holdings has responded to the announcement by Aon Corporation that it would resume accepting contingent commissions “where appropriate and legally permissible”.
RSA launches online quote and buy facility for brokers
RSA has launched RSA Online, a new service which enables brokers to obtain quotes and bind a policy online.
Ink makes offer for Westinsure
Ink Underwriting has made an offer to acquire the entire share capital of Westinsure.
Fairpoint buys Moneyextra.com for £1
Fairpoint Group has acquired 100% of the share capital of Moneyextra.com in a bid to extend the group from a debt solutions business into a broader-based financial solutions company.
Hill Dickinson confirms Halliwells acquisition
Hill Dickinson has acquired Halliwells’ Liverpool and Sheffield operations.
Bridle Insurance continues on acquisition trail
Bridle Insurance has acquired Leicestershire-based niche personal lines specialist Abbot Insurance for a six figure sum.
WNS Assistance moves to new offices
WNS Assistance has moved to new offices in Cheadle, Manchester, as part of strategic growth plans over the next three years.
PB offers opportunities to enhance leadership and marketing skills
Professional Broking, the management magazine for broker managers, is pleased to offer some excellent training courses for its readers starting in September.
Employment tribunal claims soar
Figures released by the Tribunals Service show that 236,100 employment tribunal (ET) claims lodged in the year 1st April 2009 to 31st March 2010, an increase of 56% from the previous year.
Government vows to simplify tax
The Chancellor George Osborne and Exchequer Secretary David Gauke today (20 July) established the Office of Tax Simplification (OTS).
Willis steps up contingent commission campaign
Willis Group Holdings has stepped up its campaign against contingent commissions by distributing a third-party white paper written by law firm Edwards Angell Palmer & Dodge detailing what Willis describes as "the conflicts of interest created by the…
Bollington enters into affinity partnership
Commercial broker Bollington has entered an affinity partnership with fleet management specialist Fleet Support Group.
Heath Lambert loses director to Argo International
Argo International has appointed James Russell as underwriter to its professional indemnity (PI) team.
Equity wins Mazda scheme deal
Mazda UK has appointed Equity Direct Broking to administer its car insurance scheme.