Broker
FSA fines Sett Valley Insurance Services and partners
The Financial Services Authority has levied fines totalling £49,000 on a Derbyshire-based Sett Valley Insurance Services and its two partners Leslie Lugsden and John Hargreaves
FSA focuses on governance standards
The Financial Services Authority (FSA) has today issued a consultation paper (CP) on effective governance standards within firms
Chubb launches enhances broker website
Chubb Insurance has announced the launch of its newly enhanced broker website - Masterpiece24 - which for the first time has been designed to allow brokers to quote and bind high net worth cover online
Aon wins Nestle deal
Aon has been appointed broker for Nestle on a mixture of classes in what is reportedly a long-term deal, Insurance Age's sister title Reinsurance has learnt
THB Group to hit the acquisition trail
THB Group chief executive, Frank Murphy, has expressed his satisfaction at the company's 2009 results despite flat trading, describing it as a credible performance in a continuing soft market
Bluefin outsources motor claims to WNS Assistance
Bluefin has appointed WNS Assistance to outsource claims management for personal lines motor business
Car insurance premiums rise by record amount
Car insurance premiums have risen by a record amount, according to the latest benchmark AA British Insurance Premium Index
Insurance sector props up City of London's office market
According to research by commercial property agency NB Real Estate at least 30% of all City of London office lettings in Q4 2009 were to insurance companies
Restructure of Towergate e-division management following sudden death of MD
Towergate Risk Solutions has announced wholesale changes to its e-division and sales and service management team following the untimely death of former managing director for Towergate e-division, Matthew Bright
More management shifts at Towergate Underwriting
Towergate Underwriting has promoted Fusion managing director, Scott Brown, to the position of chief executive officer for Commercial Underwriting
UK emerges from recession
Figures from the Office for National Statistics released this morning showed the UK economy has left recession after six consecutive quarters of negative growth, the longest period of contraction on record. The ONS reported that in the months October to…
Towergate boosts Scottish retail division
Towergate has announced two key appointments to its retail operation in Scotland
Biba unveils conference speakers
The Keynote speakers for this year’s British Insurance Brokers' Association (Biba) conference have been confirmed as Joe Plumeri, chairman and CEO of Willis, the BBC’s world affairs editor, John Simpson, and actress Joanna Lumley.
UK businesses not taking necessary steps to emerge from recession
Banks and businesses risk deepening and prolonging the economic downturn by sleepwalking towards this year's general election, according to the British arm of the Turnaround Management Association (TMA)
JLT buys Iimia Wealth Management for £7.25m
Jardine Lloyd Thompson (JLT) Group has bought Iimia Wealth Management from Midas Capital for £7.25m in cash. The announcement follows news of talks originally reported on broking.co.uk in December.
Ceta achieves 60% increase in new business
Ceta Insurance is planning to take on 20 new customer service and administration staff after new business grew by 60% last year
Aon lead broker on Ethiopian Airlines crash
Aon was the lead broker for the Ethiopian Airlines plane which crashed on January 25th, Insurance Age's sister title Reinsurance has revealed
Economists predict a North-South divide in recovery
According to the Centre for Economics and Business Research (Cebr) London and the South East will recover quicker than the North East, Wales and Northern Ireland who will suffer disproportionately from spending cuts
NIG to join Castle Cover home insurance panel
NIG is joining the home insurance panel for Castle Cover, the 50 plus insurance specialists, in February
Aon has already paid Manchester United £35.9m
As part of its four year sponsorship of Manchester United, Aon has handed over a significant downpayment
CCV acquires commercial broker AC Insurance Services
Cullum Capital Ventures (CCV) today announces the acquisition of AC Insurance Services marking its first of the New Year and its 49th since it started trading in June 2006
Fortis expands commercial portfolio with the launch of a new fleet product for brokers
Fortis has announced the full launch of Fleet Guard to its brokers.
Willis extends the contract of chairman and CEO Plumeri
Willis Group Holdings announced today that it has extended the contract of its chairman and CEO, Joseph Plumeri, until 7 July, 2013.
UK businesses settling late bills sooner
Research by Experian shows payment speeds improved by end of 2009