Broker
Number of travel insurance policies increases by 9.5%
According to Defaqto, there has been a 9.5% increase in travel insurance policies despite a decline in overseas travel.
Middle departs from Axa
Anthony Middle has left Axa, where he is managing director, commercial lines, to join Aviva in the role of strategic partnership director. He is on six months 'gardening' leave.
Survey shows employee absence costs UK economy £17bn
Employees took 180 million sick days last year, averaging 6.4 days each, according to the latest CBI/Pfizer Absence and Workplace Health Survey.
Cobra Network appoints Home & Legacy
Cobra Network has announced the recruitment of Home & Legacy to provide additional mid and high net worth expertise to its insurance panel.
Equity Red Star launches over 50s PA policy
Equity Red Star has launched its ‘Over 50s Accident Plan’ to cater specifically for the over 50s sector.
Plum outlines growth plans
Non-standard household specialist Plum Underwriting has announced a raft of changes to the business as part of its "aggressive" growth plans first announced in March.
World Cup insured for £6.2bn, says Lloyd's
The most watched sporting event in the world, the football World Cup, will be insured to the tune of an estimated £6.2bn when it kicks off in less than a week according to Lloyd’s.
Ace Global Markets appoints head of aviation
Ace Global Markets has announced the appointment of Malcolm Brett as product line head of aviation.
RFIB appoints divisional director
RFIB Group, the international Lloyd’s insurance and reinsurance broker, has announced the appointment of Toby Heppel to the role of divisional director in the political, credit and financial risks team.
Moorhouse targets £5m GWP broker acquisition
Welsh broker Moorhouse has announced that it is looking to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium (GWP).
Knowlden Titlow remains independent after sale
Norwich based commercial broker Knowlden Titlow Insurance Brokers has confirmed future growth plans following its acquisition by Robin Plaster for an undisclosed fee on 20 May.
NIG enhances package products
NIG has relaunched its package products suite within its NIG Network broker system, with revamped products, a new ‘professionals’ product and an enhanced quote system.
Calling all UK brokers
There are only two weeks left to get your entries in for the 2010 UK Broker Awards, the only industry awards dedicated to the broking community.
Bridle Insurance expands into Wales
Bridle Insurance has announced the purchase of Swansea-based broker Associated Householders Services, which is better known as AHS Insurance.
Hastings announces £20m cash injection
Broker Hastings Direct has agreed a £20m three-year financing facility with Lloyds TSB Corporate Markets.
CCV snaps up broker
Cullum Capital Ventures (CCV) has announced the acquisition of Hertfordshire-based brokers Humbergrove and Humbergrove UK.
Marsh launches insolvency practice
Marsh has launched a dedicated practice to provide risk and insurance advice to insolvency practitioners in the UK.
Equity Red Star appoints underwriting manager for Scotland
Equity Red Star has announced the appointment of Iain Torrance as underwriting manager for Scotland, heading up its fleet and motor accounts in the region. He will be based in the insurer’s Glasgow office which opened in April 2008.
Majority of SMEs have inadequate cover
Less than one in three (30%) small to medium sized enterprises (SMEs) in Europe believe they are insured in the event that a professional mistake leads to them being sued, according to research from Hiscox.
LV opens new broker office in Exeter
LV Broker has announced it is opening a new office in Exeter and has appointed Steve Meredith as regional manager for the South West.
Legal: Protection for rainy days
Limitation-of-liability clauses are tricky and carry great risk if not handled carefully but, drafted correctly, can provide significantly improved risk management, writes Emma Bate.
FPB issues World Cup advice
With the football World Cup just over a week away, the Forum of Private Business has advised its members to plan ahead for the likelihood that some employees will take more of an interest in their team’s fortunes than their duties and want to watch games…
Groupama appoints new chief actuary
Groupama has appointed Niraj Shah as chief actuary. He takes over from Steven Blake who will be leaving the company at the end of June to take up a senior management appointment at RSA.
Chubb announces £41.5m Lloyd’s Syndicate
Chubb Insurance has announced that it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. It will commence underwriting from 14 June for business incepting from 1 July 2010.