Broker
Banks lose PPI legal challenge
The High Court has ruled in favour of the approach taken by the Financial Ombudsman Service (FOS) and Financial Services Authority (FSA) in the handling of payment protection insurance complaints.
Invicta announces latest acquisitions
Invicta Insurance Services is set to complete it latest acquisitions which will add 2,500 customers and over £1m GWP to its portfolio.
Lyons in circus master role at Towergate
Towergate’s competitors will not see the “slightest” difference in its strategy following the appointment of Alastair Lyons as non-executive chairman.
Hastings hires ahead of planned flotation
Hastings Direct has appointed a new MD of insurer services ahead of its planned IPO next year.
Regulatory burden on brokers is heavier than tax
The British Insurance Brokers’ Association (Biba) has warned that the regulatory burden imposed by the Financial Services Authority (FSA) on the insurance broking sector is a greater competitive disadvantage than the amount of corporation tax it pays.
Hastings launches affinity and partnership division
Hastings Insurance Services has announced the launch of a new specialist division, Hastings Partnerships led by business development director Andy Kirton, which will handle all of the company’s affinity and partnership business.
Giles to sell off life sciences business
Giles Insurance Brokers is to sell its life sciences business as it looks to focus on its more traditional lines of business.
Towergate appoints Alastair Lyons as non-executive chairman
Towergate has announced the appointment of Alastair Lyons CBE as non-executive chairman with Peter Cullum CBE, the current executive chairman, taking on the role of non-executive deputy chairman.
New player enters high end liability market
Lloyd’s broker Kite Warren & Wilson (KWW) is targeting the high end SME asset manager and Lloyd’s managing agents market with a suite of new liability products.
Countdown to Biba 2011: the changing regulatory landscape
With the British Insurance Brokers' Association conference now less than four weeks away, Post and Insurance Age editor-in-chief Jonathan Swift sat down with the Biba CEO Eric Galbraith to discuss the issues which are likely to come to the fore in…
Insurance Age blog: It's a question of taste
According to research from the University of Hertfordshire, a blind taste test performed by over 400 members of the public has revealed that we cannot tell the difference between cheap or expensive wine.
SRA confirms ARP changes
The Solicitors Regulation Authority (SRA) has confirmed sweeping changes to the Assigned Risks Pool (ARP) ahead of a full policy statement to be issued on 18 April.
Biba issues response to Treasury consultation
The British Insurance Brokers’ Association (Biba) has responded to the HM Treasury consultation: A new approach to regulation – building a stronger system, and called for proportionate, appropriate and cost-effective regulation for brokers.
Calls for ban on referral fees after car premiums rise 40%
The Association of British Insurers (ABI) has called for an immediate ban on referral fees following research from the AA showing that the average motor insurance premium has risen by 40% over the last year.
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.