Insurer
Endsleigh sees profit and turnover decline
Broker will not pay dividend for second year running.
ERS takes Byford from Axa to lead retail underwriting
New recruit brings over 18 years’ experience to the role.
Adding1 relaunches as MGA
Advantage Underwriting launched in Jersey.
Covéa adds to regional senior teams
Provider made sweep of outside hires as well as promoting from within.
Ex-Aviva boss Moss pops up at Parker Fitzgerald
Moss to advise across banking, insurance and asset management.
Profile: Fresh start
ERS CEO Ian Parker faced a daunting challenge and difficult decisions when he took over struggling Equity Insurance Group. Caitlin Morrison reports
Market moves: The ups and downs
Often the Market moves pages most closely resemble either a revolving door or a boomerang. On occasions this means many outflows from the same employer, at times people leaving soon after they have arrived, and often staff returning to where they have…
In-depth: Tackling the technology jigsaw
From adding value to working with insurers, from data validation and enrichment to up-selling and cross-selling, Edward Murray tackles four key e-trading areas for brokers
IIG launches demolition product
New scheme for demolition contractors’ liability targets risks going into unrated markets.
Lloyd’s considering departure from iconic building
Reports suggest insurance market could move to new building on Leadenhall Street.
Towergate made £26.6m loss in first quarter
Ebitda also tumbled at the consolidator.
Insurance fraud hit £1.3bn in 2013, ABI reveals
Fraud figures up 18% on 2012.
Ageas to move all retail brands onto CDL system
Kwik Fit move had previously been confirmed.
Debt costs reduce Hastings’ profit
Business saw rise in GWP, customers and revenue in first quarter of 2014.
Lucas Fettes partners with financial adviser firm to offer GI services
Foster Denovo seeking to enhance offering with relaunch.
Arc Legal launches specialist LEI cover for pharmacists
Product has been developed in conjunction with National Pharmacy Association.
Arag sees GWP and profits rise in 2013
Legal expenses specialist grew policy numbers across personal and commercial lines.
Keating promises no “Dear John” letters from UK General
Provider to reduce commercial agencies from 1,500.
Smaller brokers should prepare for impact of FCA conflicts review
Compliance expert warns that whole market will be affected by review findings.
Broker conflicts are not properly managed, says FCA
Regulator looked into seven of the largest firms serving small business customers.
UK General to cut back on commercial broker agencies
Insurer states having 1,500 broker relationships “isn’t possible” in new strategy.
Motoring on
The biggest news this week for brokers was the news that RSA is reducing its personal lines motor book by 35%.
Mark Carney's insurance warning opens debate
BoE governor warned that insurance executives will be held to account over any issues.
Lloyd’s splits finance and operations role as Savage departs
Lloyd's recruits from Catlin to fill operations position.