Insurer
Rise in PPI complaints takes FoS to new record
The Financial Ombudsman Service (FoS) has revealed that complaints between 1 January and 30 June 2013 reached a record high of 327,035, a 15% increase on the previous six months.
IIG launches contractors scheme
Incorporated Insurance Group (IIG) has launched a new contractors’ all-risks scheme, stating it made the move in response to broker demand.
Editor’s letter - September 2013
“It appears, at least at first glance, that insurers are staying true to their word that they are no longer chasing volume”
Brokers express grievances over Aviva’s stance on fleet
Insurer accused of looking to “shed” its fleet business
Market moves: Summer lullings
Traditionally, August is a fairly quiet month in terms of news, but that never seems to affect Market moves. It was as busy a month as ever, although regular readers will note the absence of several previous stalwarts of this section – Towergate and…
Insurers call for sensible pricing after results
Most providers see a COR improvement and relatively static GWP figures
Profile: Game of two halves
You could forgive Aviva’s Phil Bayles for feeling sick as a parrot having to take over from the ever-popular Janice Deakin but, despite the challenges, the interim intermediary and partnerships director is hoping to prove he is more than just a…
XL pulls back from solicitors’ PI market
Broker concerns remain over placing business with unrated insurers
Biba hits back at "ill-informed" and "self promoting" Law Society
The British Insurance Brokers’ Association (Biba) has slammed comments made about the solicitors’ professional indemnity (PI) broker market.
Ashgrove Insurance buys Manchester-based Lloyd Howard Insurance Services
Ashgrove Insurance has expanded with the purchase of a Manchester-based insurance broker.
Scottish broker rebrands as GS Group in bid for growth
Perth-based broker GS Insurance and Financial Services has rebranded as part of a growth plan.
Oamps adds to UK haulage product suite
Oamps has launched a fleet product designed for the UK haulage market.
AIG faces disruption after minor fire closes Fenchurch Street office
AIG’s office at 58 Fenchurch Street has been closed due to a small fire.
BGL Group adds former Logica chief Keating to main board
BGL Group has appointed Seamus Keating as non-executive director.
Direct Group hires Maude to aid claims service
Direct Group has hired Simon Maude to work across its claims management and validation business units.
Law Society hits out at brokers with new solicitors' PI offering
A new professional indemnity (PI) insurance solution has been launched for small solicitor firms.
Axa makes final offer to settle Autofocus claims with Accident Exchange
Axa has made a full and final settlement offer in an attempt to end its involvement in the long-running Autofocus litigation.
QBE promotes David Harries to Syndicate 386 underwriting role
QBE has appointed David Harries as active underwriter of Syndicate 386.
Here's hoping Flood Re doesn't sink to a halt
The UK is widely accused of thinking big and then dragging its heels in terms of delivering landmark projects and proposals.
Goldman Sachs in talks over major bid for Hastings
An arm of Goldman Sachs is in advanced talks concerning a potential bid for a major stake in Hastings Insurance, according to reports.
Aviva's Dominic Clayden appointed as claims chief at QBE
QBE has appointed Dominic Clayden as claims director.
Co-op's GI arm posts improved profit as GWP tumbles by £40m
The Co-operative Group’s general insurance arm made an operating profit before tax of £28.8m in the first half of 2013.
Profits break £10m mark at Confused.com
Admiral, owner of Confused.com, has reported that the price comparison site posted a profit of £10.2m for the first half of 2013, up on the £8.4m recorded for the same period last year.
JLT's Thistle expands into warranty market with RMS acquisition
Thistle Insurance Services has acquired Risk Management Support Ltd (RMS) and eWarranty, Insurance Age can reveal.