Broker
New network Momentum signs up to the Aldermanbury Declaration
Momentum Solutions - the broker network headed by former Oval MD Howard Pepper - has signed up to the Aldermanbury Declaration.
Profits and revenue rise at Brightside
Bristol-based broker Brightside Group has reported a 48.1% in revenue to £66.2m (2009: £44.7m) along with a rise in profits after tax from continuing operations to £6.49m (2009: £4.66m) in its year end results for 2010.
Competition Commission lays down rules over sale of PPI
The Competition Commission (CC) has published a list of requirements relating to the sale of payment protection insurance (PPI) in a bid to remedy the point of sale issues that have dogged he sector.
Ageas announces Castle Cover acquisition
Ageas UK has acquired intermediary Castle Cover for £52.8m. According to the insurer, the purchase will increase its customer numbers to around eight million.
Market sentiment survey enters second week
There is still time to have your input and give your views in Insurance Age’s first Sentiment Survey of 2011, sponsored by Groupama Insurances.
The Aldermanbury Declaration - one year on: the debate
If you missed yesterday's live webinar debating the Aldermanbury Declaration - one year on - it is now available for viewing on-demand.
Few early surprises in Chancellor’s 2011 Budget
Chancellor George Osborne has delivered his ‘Budget for growth’ which at first glance appeared to hold no nasty surprises for brokers.
Stackhouse Poland buys Allison & Partners
Stackhouse Poland has bought Plexstar Insurance Services, which trades as Allison & Partners, for an undisclosed sum.
Stride breaks into commercial market
Stride expanded into the commercial insurance market with the immediate appointment of Sally McIntosh to head up a new dedicated commercial insurance unit.
Aon responds to Hector Sants’s financing call
Aon has called for the nature of risks posed by a firm to be taken into account when the FSA calculates fees.
Payment protection market urged to respond to Government consultation before deadline
As the period for the Treasury’s consultation on Simple Financial Products draws to a close, the protection insurance industry has been urged to respond or live with the consequences.
Road safety minister addresses Biba parliamentary reception
The Government is to open up data held by the DVLA in an effort to combat motor fraud, road safety minister, Mike Penning told delegates at a parliamentary reception hosted by the British Insurance Brokers’ Association.
CBG remains confident despite fall in profit and revenue
CBG’s results for 2010 have revealed a drop in pre-tax profits to £842,000 (2009: £1.03m) with revenue also falling by just over £1.2m to £7.7m (2009: £8.96m).
UK brokers pay three times more for regulation than any other Euro state
The British Insurance Brokers' Association (Biba) chief executive Eric Galbraith called for a fresh approach to regulation as he revealed key findings of research into the cost and future of regulation.
New online motor caravan insurance portal targets 6,000 policies
Motor caravan specialist Peter Cue has launched an online quote and buy service for brokers on Victor Millwell, powered by CDL.
New software house launches platform for brokers
Wanna Insure has launched a end-to-end software platform which it claims reduces the development costs and implementation time for products inherent in legacy software house solutions.
Temporary Cover wins Swinton car and van deal
Swinton Group has chosen Temporary Cover to be their preferred carrier for short term insurance policies for cars and vans.
Judge dismisses Towergate claim of Lorica attack
Towergate Underwriting has lost a pre-action disclosure application in the High Court and been ordered to pay £17,000 in costs to Lorica Insurance Brokers.
Insurance Age blog: Thank goodness big brother is watching
An insurer once told me that in theory the technology already exists to create personalised car insurance adverts at, for instance, traffic lights.
James Hallam makes senior appointments
James Hallam has made two new appointments to its board of directors.
Regulation preventing brokers from growing their businesses
A survey of Insurance Age readers has found that nearly 95% of brokers in the country find it more difficult to do their day to day job as a direct result of regulation.
Ink moves into charity sector
Ink Insurance has established Ink Charity to tap into the charity and care sectors.
Your opinion matters in our market sentiment survey
The twice yearly survey, sponsored by Groupama, is now open for your input.