Broker
FSA accused of letting brokers foot the bill
PI Expert has questioned the motives behind proposals made by the Financial Services Authority (FSA) to change the rules on compensation awards.
Aviva launches multi-car policy for families
Aviva has launched MultiCar, a new insurance policy for family members living at the same address to cover up to five cars or vans in a household.
MD buys part of Broker Assistance out of administration
The managing director of troubled claims management company, Broker Assistance, has purchased the claims handling part of the company from administrators.
Hastings' GWP leaps 52%
Hastings has announced its EBITDA rose to £27m in its full year figures to the end of June, more than double 2010’s total of £11m.
Former Heath Lambert MD joins CCV in Towergate shake up
CCV has appointed a former Heath Lambert managing director as its new chief operating officer.
Biba reveals theme for 2012 conference
The British Insurance Brokers’ Association (Biba) has announced the theme for its 2012 conference.
Claims management company enters administration
Broker Assistance, the claims management company, has entered administration.
Car insurance premiums now falling, research says
Comprehensive car insurance premiums fell by 1.6% in the third quarter of 2011 according to the latest Car Insurance Price Index from Confused.com and Towers Watson.
Clear appoints from Willis Networks
Clear Insurance Management has appointed Simon Taylor, previously regional managing director for Willis Network, to the role of executive director.
MGAA secures FSA fees deal
Full members of the Managing General Agents’ Association (MGAA) can pay their Financial Services Authority (FSA) fees by instalments at a discounted rate following its official recognition as a financial services trade association.
Claims experts defend firms against Straw’s “parasite” comments
Claims specialists have defended their offerings after Jack Straw branded claims management companies (CMCs) and credit hire companies as “parasites in the system”.
UK Broker Conference 2011: service more important than price
Businesses look for a range of qualities when choosing a broker, and cost may not be the most important factor, according to business trade bodies.
Survey finds start ups at risk from lack of PI cover
Small businesses and freelance consultants delay purchasing professional indemnity (PI) insurance for an average of six months after setting up, according to research by PolicyBee.
Willis and Kiln launch new protection policy for hotels
Willis Group and Kiln, a Lloyd’s of London underwriter, have joined forces to create a policy aimed at protecting hotels from financial loss arising out of adverse publicity.
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.