Broker
Farmweb seeks to grow market share with senior hire
David Harrison has been appointed area underwriting manager for Gloucester based Farmweb with immediate effect.
Axa launches on Powerplace
Axa Commercial Lines has launched its tradesmen and professional liability products on Powerplace.
Autonet creates senior compliance role to support growth
Autonet Insurance Group has appointed Jenny Devaney to its board in the new role of compliance director.
Up to 50 redundancies announced at Crawford
Crawford & Company has confirmed that following a business review it expected to make up to 50 roles redundant across central support services and Crawford General Insurance.
Post Europe relaunches with dedicated site as Insurance Insight
Post’s European coverage has launched with its own dedicated website, Insurance Insight, which aims to be a one-stop-shop for European insurance news.
Insurance Age blog: TDF - the greatest show on Earth
What if the market never hardens? What if this really is the “new normal”, would that really be so bad I wonder?
Gallagher's bid for Oxygen is one of many
Gallagher International is just one of the potential suitors to have approached fellow London market broker Oxygen, Insurance Age understands.
Lawyers issue warnings after Willis’ record £6.9m fine
Following Willis’ record £6.9m anti-bribery fine from the Financial Services Authority (FSA), the legal profession has warned insurance brokers on the need to have and implement relevant policies and procedures.
Willis responds to record £6.9m FSA fine
Insurance broking giant Willis has responded to the Financial Services Authority's (FSA) record breaking £6.895m fine to its subsidiary Willis Limited flagging up that it had been swift to engage with the regulator on the matter.
FSA hits Willis with record anti-bribery fine
The Financial Services Authority (FSA) has fined Willis £6.895m for failings in its anti-bribery and corruption systems and controls.
NIG unveils dedicated broker microsite in contractors push
NIG has announced a focus on increasing its contractors business book by offering improved cover levels along with a dedicated broker microsite.
NIG appoints senior BDM from Aviva
NIG has appointed Stewart McConachie as senior business development manager from Aviva with a remit to boost its broker-only business opportunities and product development.
UK motor grows 10% as Gibraltar overtakes Lloyd's
Ernst & Young has reported that the UK motor market grew by 10% in terms of gross written premium in 2010 to £13.4bn with growth in Gibraltar based insurers making it bigger than Lloyd’s.
Giles outlines provisional offer for CBG
Giles Insurance Brokers has responded to CBG’s confirmation of its approach with a possible offer at a price of 32p per share in cash for the entire issued and to be issued share capital of CBG.
CBG confirms Giles approach
CBG has confirmed that it has received an approach from a fellow broker which could result in an offer for the business.
European capacity still buoyant, says Marsh
Insurers are still vying for lucrative accounts and insurance capacity remains buoyant in Europe, the Middle East and Africa (EMEA), according to a new report published by Marsh.
Brokers warned to take heed of corporate manslaughter case
Recent charges made under the Corporate Manslaughter Act should serve as a reminder to brokers of the need to advise clients appropriately, Allianz Commercial has warned.
1 Answer to expand into new premises
1 Answer Insurance has purchased new purpose-built premises within excess of 2,500 square foot which it will share with 1 Answer Network.
Victor Millwell rolls out self-service motor caravan portal to brokers
Victor Millwell has announced that its online portal MotorCaravan Plus has been opened up to the full broker market.
Axa Assistance reports rise in turnover and profit
Axa Assistance has announced a 5.2% increase in turnover to £829.2m (€929m) for 2010 from £788m in 2009 along with a rise in net profit to £17.8m (2009: £11.2m).
MMA moves to boost commercial underwriting nationwide
MMA Insurance has announced a series of new appointments and promotions across the country to expand its commercial underwriting team.
Business insolvency rate stabilises in UK
The latest Insolvency Index from Experian has revealed that mid-sized and large businesses performed better in June this year than in 2010.
RSA relaunches into legal indemnity market
RSA has announced a strategic partnership with independent broker Litigation Protection to focus on legal indemnity with solicitors and licensed conveyancers as it seeks “a dominant position in the market”.