Broker
Big Balloon Day takes off with The Insurance Charities
The Insurance Charities has announced its annual fundraiser, centred upon a tethered hot air balloon ride, will be on 2 August 2011.
Profits fall at Oxygen
Oxygen Insurance has reported a fall in profits to £95,229 for the year ended 31 December 2010, a dramatic reduction from £707,398 the previous year.
Brokers rate motor top for growth in personal lines
A survey by Mapfre Assistance has rated motor as the product area most likely to drive growth for insurance brokers in personal lines over the next 12 months.
Motor cover for the young to average £3,600 in 2013 says Mazars
Accountancy firm Mazars has predicted motor insurance increases of at least 50% over the next two years for young drivers, taking their typical motor premium up to £3,600.
Solicitor responds to Jack Straw on referral fees
Des Collins, senior partner of Collins Solicitors, has welcomed Jack Straw’s comments on the need to clamp down on claims management companies and ban referral fees.
FCA to be tougher and bolder
The Financial Services Authority (FSA) has declared that its successor body, charged with conduct and markets regulation from the end of 2012, will be tougher, bolder and more engaged with consumers.
Jack Straw attacks referral fee system
Former Secretary of State for Justice, Jack Straw MP, has called for referral fees to be banned in an article published in The Times.
Insurance Age blog: What did you have for breakfast today?
I'm going to tell you something you don't know about me. Happy Gilmore is one of my all time favourite films. There are a variety of reasons why this is the case but one particular exchange never fails to make me chuckle.
Towergate kicks off acquisition spree with modest purchase
Towergate Insurance has purchased Tunbridge Wells-based BWA (Insurance Services) for an undisclosed sum.
What's your Big Idea for personal lines?
As our competition to find the next Big Idea in personal lines moves into its second month, MD of intermediary and partnership sales for Axa Personal Lines, Mike Keating, talks about his hopes for the initiative.
Towergate turns to 'family' for new MDs
Towergate Underwriting has announced the appointment of three new managing directors.
Axa PPP plans to extend online presence with broker buy
Axa PPP has confirmed its intention to purchase online private medical insurance intermediary Health-on-line for an undisclosed sum.
Businesses wasting £1.4bn annually on corporate hospitality
UK businesses are wasting up to £1.4bn a year through unnecessary and avoidable weaknesses in the planning and execution of their corporate events and hospitality programmes, according to gdz event analysts.
Cooper Gay appoints new CEO
Cooper Gay Swett & Crawford has announced the appointment of Shaun Hooper as chief executive officer of Cooper Gay & Co, the group's Lloyd's and London market broker.
E-broking 2011: Delegates say e-trading to increase over next 12 months
An overwhelming 96% of delegates at Insurance Age’s e-broking conference confirmed they expected the amount of e-trading they conducted to increase over the next 12 months.
E-broking 2011: Brokers must adopt e-trading or risk losing out to aggregators, warns Cullum
Towergate Partnership executive chairman Peter Cullum has warned if brokers continue to fail to adopt e-trading then aggregators will “eat their breakfast before they get up in the morning”.
Government says yes to referral fees
As part of its new Justice Bill, unveiled today, the government has confirmed its intention to spare referral fees.
Get involved with Insurance Age’s Network Spotlight
Insurance Age has secured video interviews with 11 of the leading broker networks in the insurance market and during July the senior leaders will be put under the spotlight to answer your questions.
Sterling uncovers broker confidence schism
Research by Sterling Insurance has revealed that 65% of brokers are confident about commercial lines business growth prospects in the next 12 months while over half saw no prospect of growth in personal lines.
Elite declines to enter solicitors’ PI market
Elite Insurance, has decided against entering the solicitors’ professional indemnity (PI) insurance market this year reversing initial suggestions it would.
Continuous Insurance Enforcement commences
The Continuous Insurance Enforcement (CIE) legislation has come into force meaning warning letters will be sent to the registered keepers of uninsured vehicles.
Ten for TEn as network adds new members
TEn Insurance has signed up 10 new members to its broker network since the start of 2011.