Commercial
LV Broker sets sights high on £1bn worth of business in first decade
LV Broker has revealed it is aiming to write £1bn worth of business by 2015, less than 10 years after its launch.
Allianz sharpens regional focus with Newcastle plans
Allianz Commercial has announced its intention to expand its regional branch network with the opening of a new office in Newcastle.
Apollo-CVC offer accepted
Brit Insurance has agreed a cash offer from Apollo Management and CVC Capital partners in a deal valued at about £888m, which will result in shareholders receiving up to £11 a share.
Vacancy remains for Axa chief
Axa Insurance is still searching for a new commercial lines chief following a restructure of its UK business.
Product launch: Brokers warned of 'Jack of all trades'
Groupama has warned scheme brokers of the dangers posed by an increase in business diversification.
Marsh raids Towergate for senior network hires
Marsh has announced that Mike Rogers will replace Bruce Fertnig as head of Marsh ProBroker.
Powerplace closer to "perfect panel" with Aviva on board
Aviva has joined Powerplace’s panel of insurers.
Aritsa targets South Wales growth with new hire
Commercial lines underwriting specialist Arista Insurance has appointed Mark Chichester as senior underwriter to help develop the South Wales market and enhance its technical proposition to brokers in the area.
Oxygen poaches two senior hires from Aon to boost construction arm
Oxygen Insurance Brokers (Oxygen) has hired two new senior brokers as part of its plan to target further growth in the construction related professions.
Axa's UK personal motor revenues up 35% in first nine months 2010
Property & casualty revenues in the first nine months of 2010 were up 0.7% to €21.4bn across the group at Axa. The UK & Ireland saw a 1.4% increase compared to the same period of 2009 to €3.2bn.
Besso launches online commercial MGA
Besso Group has launched a managing general agent (MGA), named Gladstone Underwriting, to provide a “unique” online commercial underwriting facility.
APC launches fast food insurance offering in Ireland
Commercial insurance underwriting agency APC is launching a bespoke takeaways product designed to cover single or multiple shops and fast food franchises trading in Ireland.
Keelan Westall raids Powerplace again for senior hire
Keelan Westall – part of the property and commercial division of Barbon Insurance Group – has appointed Damian Baxter as head of sales with responsibility for facilitating growth both in existing and previously untapped markets.
Broker claims debate
Claims are a thorny issue at the best of times but when credit-hire organisations and accident management companies are involved, it seems everyone gets prickly.
Liberty boosts UK property team with hires from QBE and CNA
Liberty International Underwriters Europe (LIU Europe), a division of Liberty Mutual Group, has made three new regional appointments to its UK property insurance team.
NIG appoints two underwriting managers
NIG has appointed two new underwriting managers for their motor trade and property owners lines of business.
Quinn bidders fear outstanding claims, according to reports
The Irish Independent has reported that several of the five bidders for Quinn are reluctant to buy the whole company fearing the outstanding claims and liabilities caused by previous management.
Spending Review 2010: Coalition is "gambling" that private sector will step up to the plate
The UK will return to recession if the private sector does not step forward, Travelex Global Business Payments has warned.
Post Intelligence Benchmarking - Commercial Insurers: Waving - or drowning?
Insurance 360's groundbreaking survey of commercial insurers' performance reveals which ones have got their acts together and which ones need to raise their game. Peter Joy reports.
Brit confirms Vivek Banga as Tim Grant's replacement
Vivek Banga, currently UK distribution leader, small business and personal lines, is to take up the role of head of UK distribution with immediate effect.
Access buys AT Bell in bid to become leading broker in third sector
Access Insurance has acquired AT Bell Insurance Brokers' client portfolio and staff to grab a larger share of the specialist charity and church market.
Keychoice offers new RM services to SMEs
Keychoice Underwriting has teamed up with independent risk management specialist Risk STOP Group, giving its brokers and policyholders access to a range of risk management services.
Ex HCC CEO hires former colleague as part of new venture
New broker-only MGA, Manchester Underwriting Management (MUM), has announced the appointment of Richard Webb as a director of the business.
New MGA trade body to help members stand out from crowd
The Managing General Agents’ Association (MGAA), has revealed that it is aiming to make a clear differentiation between its members and the broking community as it called for prospective members and funding support ahead of its official launch in…