Broker
Results news: 'Admirable' performance as Towergate rates stay put
Towergate executive chairman, Peter Cullum, has claimed that the company has refused to follow the market's "kamikaze" approach to rates.
Another round of RBSI cutbacks points to gloomy NIG future
Broker-only insurer NIG could face further cuts following Royal Bank of Scotland Insurance's (RBSI) announcement that it is axing up to 2,000 roles across all of its brands over the coming year.
Health news: Medical database add-on gives brokers PMI edge
Brokers looking to stand out in the private medical insurance (PMI) arena can now offer an add-on product independently from insurers.
Health news: Launch of hybrid PMI products test traditional cash plan waters
Traditional private medical insurance (PMI) providers National Friendly and Bupa are set to challenge the cash plan market with the launch of hybrid products, following a surge in intermediated sales in the sector.
News: Biba chief warns Con-Dem leaders of tax hike implications
The chief executive of the British Insurance Brokers' Association (Biba) has called on the new coalition Government to avoid taking the "easy option" of raising taxes to cut the deficit.
Biba news: 'Unbelievable change' afoot
Towergate chief executive, Peter Cullum, has predicted that the UK is set for two years of "unbelievable change" under the new coalition Government with the economy and regulation set to top the agenda.
Biba news: 'Black swans' are no longer 'freak' occurrences, cautions Willis boss
Willis chief executive and chairman, Joe Plumeri, has warned the broking industry that 'freak' occurrences are increasing in frequency and that the industry must adapt to this reality to survive.
News: Contribute to Insurance 360 to receive a free of charge respondents' report
Last summer, Insurance 360 - the sister industry insight unit of Insurance Age, Post and Professional Broking - carried out its first annual Business Insurers Insight Study.
Axa head condemns claims farming practice as 'immoral'
Axa's head of personal lines intermediary has slammed brokers that make money from the "immoral" practice of claims farming, warning that insurers would penalise those who were heavily involved.
PPI complaints take FOS caseload to new level
The number of Financial Ombudsman Service (FOS) insurance disputes has increased by 38% largely due to a surge in complaints about payment protection insurance (PPI).
News: Quinn saga highlights 'chicken letter' risks
Brokers have been warned against relying too heavily on disclaimers to protect themselves from breaching their duty of care, in light of the recent Quinn scare.
News: Time is ticking on UK Broker Awards deadline
The deadline is approaching to get your entries in for the 2010 UK Broker Awards, the only industry awards dedicated to the broking community. Entries have been coming in from all over the country and across the categories. Although the volume has been…
Wealthy households lack insurance cover
UK home homers are pre-occupied with price rather than cover, with wealthy households most likely to lack the appropriate coverage, according to Datamonitor.
Arista reports £1.5m operating loss for 2009
Charles Earle, Arista Insurance chief executive, said the 2009 figures were in line ambitions to make a "consistent trading profit" during year three of trading.
Client's Q&A: Hot on property
Property owner Marlene Ellicombe had to make a claim on the first day of taking cover, though Wells-based broker Higos took helping her out in its stride. PB asks her about the experience.
PB Week: Aviva's latest appointment gets personal
As the recently-appointed head of broker personal lines, one of the most common questions I am asked is why we are investing in the broker market when some are speculating that personal lines via brokers is dead, writes Sam Hudson, head of broker…
BVCA branches into insurance
The British Private Equity and Venture Capital Association (BVCA) has launched BVCA Insurance Services.
Tim Breedon to become ABI chairman
The Association of British Insurers has confirmed that Tim Breedon, group chief executive of Legal & General, has been nominated to become its next chairman.
Total Objects appoints Colville Wood as managing director
Software provider to the London and global insurance markets, Total Objects, has announced the appointment of Colville Wood as managing director.
Giles makes Midlands acquisition
Giles Insurance Brokers has announced the acquisition of the retail broking division of James Hampden Insurance Brokers.
Aviva broker chief Brigid Murphy to quit
Aviva has today announced that Brigid Murphy, director of regional brokers for the UK general insurance business, is to leave her role in June.
Heath Lambert merges two divisions
Heath Lambert is merging its commercial affinity and small business division (CASB) into its personal lines division, Heath Lambert Insurance Services.
Allianz Commercial joins PowerPlace panel
Allianz’s commercial combined product for SME business will be available on PowerPlace later this year.