Broker
Car premiums up but leading indices show stall in rises
Two new surveys from the AA and Confused.com/Towers Watson have revealed a slow down in the ongoing rate rises in motor insurance premiums.
Keelan Westall makes new regional appointments
Keelan Westall has appointed two new business development managers to cover the South East and Midlands regions.
Former CBG MD joins rival Manchester broker
Manchester insurance broker Caunce O’Hara has announced the appointment of former CBG director Stephen Darcy as MD.
Online PI broker opens in Ipswich
PolicyBee, an online professional indemnity broker, has launched from offices in Ipswich targeting SME business, independent consultants and small consultancies.
Autonet raids Carole Nash for senior hire
Van insurance specialist Autonet Insurance Group has appointed Phil Evans as its new head of operations.
Biba launches FSCS petition to prompt Treasury review
The British Insurance Brokers’ Association (Biba) has launched a petition of its members on the Financial Services Compensation Scheme (FSCS) to be tabled in the House of Commons by an MP.
FSA trebles fines to £97m
The Financial Services Authority (FSA) trebled the value of fines it collected from financial services businesses in just one year, from £33.1m to £96.7m, according to Reynolds Porter Chamberlain (RPC).
Your opinions - letter to the editor - re: article “Abiding by the Rules”
Have your say via email, LinkedIn, the Broker Forum, Twitter and letters.. Send your views to Martin Friel, editor, Insurance Age, VNU House, 32 – 34 Broadwick Street, London, W1A 2HG or email him.
Congregational invests in specialist broker
Congregational & General Insurance has purchased a minority shareholding in Solihull-based David Edwards Insurance Brokers.
Products/schemes: How to… unlock the profit in add-ons
Many industries rely upon ancillary income to generate their profit. Low cost airlines, unable to deliver margin from their core products, instead make their money on hotels, hire cars, or travel insurance. In the motor trade, new car sales deliver low…
Insurance Age blog: Space - the final frontier
Up until now, the opportunity to venture into space has been available to a very select few. In fact over the past 50 years less than 500 people have been lucky enough to blast into that vast abyss that exists beyond our rather worn out ozone layer.
Biba in trade credit deal
The British Insurance Brokers’ Association (Biba) has announced an agreement with the Government’s Export Credits Guarantee Department (ECGD) to provide general insurance brokers with access to the ECGD export insurance scheme for their clients.
Provident deal receives cautious welcome from brokers
MMA’s acquisition of Provident has been welcomed by brokers, but concern has been voiced over how the merger could impact on the variety of products available.
What the Papers Say
Welcome to the latest edition of What the Papers Say. This month, Insurance Age editor Martin Friel is joined by senior reporter, Liz McMahon and Richard Adams, associate director at FWD.
Business insolvency rate falls again
Business insolvencies in February 2011 fell by 12.5% to 1,605 compared to the same month in 2010 when 1,834 failed in the UK.
Brokers give thumbs up to Axa strategy
Brokers have reacted positively to the core strategy unveiled by Amanda Blanc, commercial lines CEO at Axa.
New Aberdeen office for Willis
Willis has opened a new office in Aberdeen to develop business in the city and complement Willis’ existing presence in Glasgow, Edinburgh and Dundee.
Polly C – the hottest insurance gossip
Polly was surprised to hear rumours that a leading broker, that espouses the benefits of independence, was actually in the market for a buy-out.
Higos buys again in Devon
Higos Insurance has bought Plymstock Insurance Centre, near Plymouth.
Products: Lord rises to security challenge
Conservative peer Lord Sheikh’s new broker and underwriting agent Macmillan Sheikh has launched its first scheme for the security industry.
Products: WeatherBrokers in deal with Kettley
WeatherBrokers.com has teamed up with ex-BBC presenter John Kettley to launch an insurance scheme designed to compensate companies and institutions when the ‘wrong’ kind of weather hits.
Products: Vets4pets tie-up for NCI pet policy
Scheme insurance specialist NCI Insurance Services has partnered with veterinary group Vets4Pets to launch a pet insurance policy to customers throughout the UK.
Products: Ink targets charity and care markets
Ink Insurance has established Ink Charity to tap into the charity and care sectors.
