Broker
CBG deal signals SME focus
Insurance broker and financial services specialist CGB Group has sold part of its personal lines business to Swinton
Aon exodus as property team defects to Bluefin
Market speculation insists that Aon is set to lose a team from its property division to a rival broking firm
Brokers warned: IMD review may enforce UK fee disclosure
Broker trade bodies have warned that the current revamp of European law may lead to commission disclosure becoming mandatory in the UK
SMEs prefer to deal direct for risk management
Over a third of UK small to medium-sized enterprises (SMEs) would rather buy their insurance direct and less than a quarter would go to a broker for advice on risk management, according to QBE research
Marsh ProBroker 'ticks all boxes' for Nsure
Worthing-based Nsure has become one of the first companies to join the Marsh network, ProBroker, a year after it was launched
Towergate HNW focus saves John Charcol from collapse
Towergate has snapped up troubled mortgage advisory business John Charcol from administration in a bid to boost its high-net-worth (HNW) and small to medium-sized enterprise (SME) proposition.
'Obscene' levies squeeze broker finances
Brokers could be forced out of business as a result of huge financial demands in the shape of a £70m levy made by Financial Services Compensation Scheme (FSCS) and a significant increase in minimum Financial Services Authority (FSA) fees
Merger talk unfounded
Market rumours that SSP had opened talks with Broker Direct with a view to a possible takeover have been denied by both firms
Oval appointed to global broker network
Oval Insurance Broking has been appointed as a member of the Wells Fargo Global Broker Network.
Cunningham Lindsey responds to Chile earthquake
Cunningham Lindsey International has announced it is working on a response to the recent earthquake in Chile.
JLT to restructure business to maximise benefits of managing general underwriter Thistle
Jardine Lloyd Thompson (JLT) has announced a 14% rise in fees and commissions to £612.9m in 2009 (2008: £526.1m) while underlying trading profit increased by 28% to £97.1m (2008: £76.2m).
Drogba off the Hook with a fine after having no valid insurance
Chelsea striker Didier Drogba has escaped a ban after admitting he thought his French insurance covered him in the UK.
PowerPlace develops its RSA and NIG offering
PowerPlace has announced the launch of RSA’s motor trade along with pubs & restaurants from NIG on its online commercial insurance marketplace.
Report reveals 54% rise in false insurance claims
False insurance claims and identity fraud is on the rise according to a report by fraud prevention service the Credit Industry Fraud Avoidance System (Cifas).
Police warn of rise in staged road traffic accidents
The Metropolitan Police has warned of an increase in deliberately induced road collisions in the M25 area.
NEDs receive "inflation busting pay increases"
The average basic fee for non-executive directors (NEDs) in the FTSE-100 has risen by 5.1% over the last year to £58,595, according to Incomes Data Services (IDS).
Chile earthquake insured losses likely to top $2bn
AIR Worldwide estimates that insured losses from the Chile earthquake are likely to exceed $2bn and that total economic losses may exceed $15bn.
Gio Compario ups aggregator's traffic
Go Compare's latest advertising campaign featuring opera singer Wynne Evans who plays a fictional tenor called Gio Compario is working.
Towergate Underwriting expands into Newcastle
Towergate Underwriting has opened its new office in Newcastle to serve brokers based in the North East and Cumbria.
Robert Hiscox announces record results: "World belongs to the discontented"
Unveiling record profits, Hiscox's chairman Robert Hiscox vows profitable growth will continue
Industry responds to Geneva Association report
The insurance industry has responded positively to The Geneva Association’s report, Systemic Risk in Insurance.
No systemic risk from insurance core activities reports The Geneva Association
International insurance think tank, The Geneva Association, has published its report, Systemic Risk in Insurance.
The PB Interview: View from the rock
Markerstudy was the first insurer to underwrite in the UK from Gibraltar, courting inevitable controversy. Andrew Tjaardstra meets group underwriting director Gary Humphreys to discover its success in becoming a major player in the broking and…
UK economic growth revised to 0.3% for 4th quarter 2009
The economy grew more than the 0.1% originally thought in the last quarter of 2009