Broker
Equity Red Star slammed for being too slow to adjust reserves
Equity Red Star should have taken quicker and more decisive action in reserving for increasing bodily injury claims according to a report produced by JP Morgan.
Expo introduces clinics
The Broker Expo has expanded its workshop programme for 2010. Building on the practical aspect of the successful workshop programme, new focused broker clinics have been developed to give brokers the opportunity to delve deeper into the issues that…
CBG reports fall in revenue but rise in profit
CBG Group has reported an 11.6% fall in revenue to £4.09m for H1 2010 (H1 2009: £4.63m) following the disposal of “non-core elements” of its personal lines business in February this year.
Thistle establishes professional liability practice with new hire
Thistle Insurance Services, a member of the Jardine Lloyd Thompson (JLT) Group, has appointed Zahid Naqvi, as director of its professional liability practice.
Thomas, Carroll comes out on top at this year's Broker Awards
Thomas, Carroll walked away with Intermediary of the Year and chairman John Moore bagged the Achievement Award at this year's UK Broker Awards.
WCM appoints Jim Ramage as non-executive director
Lloyd’s managing agent Whittington Capital Management (WCM), part of insurance investor and services provider Whittington Group, has appointed Jim Ramage as an independent non-executive director.
Insurance Age blog: Can brokers save the industry's cred?
Since I started writing for Insurance Age in July last year I have heard so much said about how the public perception of insurance needs to change.
Arc wins Aviva contract
Arc Legal Assistance has been appointed by Aviva as provider of its household and travel legal expenses to a significant proportion of its personal lines customers.
European trade credit insurance market turns corner in 2010, according to Marsh
New insurance capacity, increased competition for business among insurers and improved risk management have led to positive developments for buyers of trade credit insurance across most of Europe in 2010, according to Marsh.
Axa selects Martin Eyres to lead mid corporate risks
Axa has appointed Martin Eyres as head of mid corporate risks.
Cunningham Lindsey introduces regional structure in bid to work more closely with brokers
Cunningham Lindsey has restructured its property services division with the creation of a regional structure, covering: London; the South; Midlands and East Anglia; the North and Northern Ireland; and the North East and Scotland.
PB Week: Hitting the wall
As a business consultant for firms across a range of different industries I see a wide variety of weird and wonderful - and often less than wonderful - things going on in companies.
Cobra returns to profit
Cobra Holdings has reported a pre-tax profit of £392,000 for the year ended 31 March 2010, compared to a loss of £23,000 the previous year.
The Policy Shop creates property division
Coventry-based broker The Policy Shop has launched a new property division which will lead to the creation of up to 40 new jobs over the next 12 months.
Keychoice Underwriting launches to broker members
SSP-owned commercial underwriting agency, Keychoice Underwriting, has officially launched its commercial combined, package and property owners products to Keychoice Network members, with additional commercial lines products to follow later in the year.
Sullivan returns at Willis
Former AIG boss Martin Sullivan, who was in charge during the financial crisis, returns to work.
Willis to appeal Indian regulatory renewal rejection and form new joint venture
Willis Group Holdings is to appeal the decision by the Insurance Regulatory Development Authority (IRDA) that it is "not inclined to accept" the license renewal application of the broker's joint venture in India, Willis India Insurance Brokers Pvt…
David Oliver Associates launches new commercial policy
Underwriting Agency David Oliver Associates (DOA) has chosen Sterling Insurance Company to underwrite its new Platinum Commercial Combined policy.
Aviva appoints head of new business sales
Aviva has appointed Ian Valentine as head of new business sales.
Margaret Cole appointed to FSA Board
Margaret Cole has joined the Financial Services Authority Board as managing director of enforcement and financial crime, effective from today, 7 September 2010.
LV reaps benefits of below average motor rate increases
LV has increased motor rates by 25% but its general insurance managing director John O'Roarke said that it has still been possible to write profitable business.
UK insurance consumers seeking return to "corner shop" approach
Some 72% of UK consumers would show greater loyalty to insurance providers that demonstrate they know who they are and can refer to all aspects of the client’s history during any transaction, according to research.
Axa launches online portal for personal lines brokers
Axa Insurance has launched an online portal for independent personal lines brokers called PartnerSpace, which provides a forum designed to allow intermediaries to discuss business issues and ideas with the insurer and their peers using social media…