Commercial
Jelf enters mechanical engineering affinity partnership
Jelf has secured an affinity partnership with the Institution of Mechanical Engineers (IMechE).
Keychoice chooses Cunningham Lindsey as claims management partner
Keychoice Underwriting has appointed Cunningham Lindsey as its claims management partner to provide a one stop claims service to its brokers and policyholders.
Aviva launches package for metal and machinery sector
Aviva has launched two bespoke policies for those working specifically in metals or machinery and equipment.
Purple replaces Zurich with Groupama
Purple Partnership, the Jelf-owned network, has announced Groupama Insurances as a new commercial key partner, replacing Zurich on its panel of supporting insurers.
Evolution unveils iphone app for brokers
Evolution Underwriting has launched a service for brokers allowing them to manage their customers, policies and quotations on an iPhone.
Jackson consultation silent on referral fees
The Government said it was waiting for the Legal Services Board review before it made a decision on whether to abolish referral fees.
Heath Lambert expands projects risks division
Heath Lambert has announced a series of appointments and promotions designed to strengthen the offering of its project risks division.
Amlin UK's motor income jumps by 36%
Amlin’s interim management statement for the period from 1 July 2010 revealed that its UK's gross written premium (GWP) grew to £248.8m (Q3 2009: £140m) despite a "mixed" trading environment.
Former Oval and Marsh MD Pepper returns with Momentum
Momentum - a support and development service for new and existing brokers - launched this week with Howard Pepper, a former MD at Oval and Marsh as managing director.
MUM poaches director from RSA
Broker-only MGA Manchester Underwriting Management (MUM)has announced the appointment of Danny French as a director of the business.
Groupama establishes new underwriting team for London and South
Groupama Insurances has created a dedicated new business underwriting team for London and the South.
TEn unveils new flexible model
Commercial broker network TEn Insurance today unveiled its new operating model in a move designed to broaden its appeal, attract larger more established brokers and give existing members room to grow.
Ageas' retail profit remains static while COR continues to improve
Ageas' quarter three results have shown its UK retail operations, RIAS, Kwik Fit Insurance Services and Ageas Insurance Solutions (UKAIS), have delivered a 32% increase in total inflows to £96m.
Bluefin to put SME underwriting facility Elite into run-off
Bluefin has announced that it is putting its Elite underwriting facility for small to medium sized enterprise (SME) business into run-off in favour of expanding its existing Platinum product range.
Markel makes three senior hires for MGA arm
Markel International has strengthened its new MGA (Managing General Agent) division with three senior appointments.
Hiscox UK sees growth while group experiences slight dip
Hiscox’s interim management statement for the first nine months of the year to 30 September 2010 has revealed its UK retail business premium income has grown by 8.9% to £249.1m (2009: £228.7m) with the direct business growing by 22%.
Cooper Gay CEO resigns
Cooper Gay Swett & Crawford Group (CGSC) has announced that the company has accepted the resignation of Jim Summers, CEO of the Group’s UK based Lloyd’s broker, Cooper Gay & Co.
SME Aggregators: Digital commercial futures
Edward Murray outlines the difficulties being encountered in establishing a successful aggregator template for small and medium-sized enterprise trade.
Market Watch - Networks: Opening connections
Emmanuel Kenning argues that broker networks are becoming more popular, though managers need to think carefully about the offerings available through them before committing their firms.
News Analysis - PB Management Event: Planning for the recovery
Emmanuel Kenning reports on the key management information on offer to attendees at PB's annual conference.
News round-up: Broker acquisitions
Essex-based commercial broker LFC Insurance Group acquired £2.25m gross written premium Chelmsford Insurance Centre.
News round-up: Insurers
Brit has formally accepted an offer of £888m from Apollo Management and CVC Capital Partners. The deal if agreed by shareholders is £10.75 for each share plus a further 25p if targets are met.
Brokers strive for growth with series of recent acquisitions
Access Insurance, Cullum Capital Ventures (CCV) and LFC Insurance Group have all revealed ambitious growth targets following a spate of recent acquisitions.
Quinn case sheds light on periods of limitation
A recent High Court ruling in favour of Quinn Insurance has clarified the law regarding the timeframe for submitting claims where an insurer has denied liability, according to law firm Browne Jacobson.