Insurer
Products: Equity Red Star launches product small fleets
Equity Red Star has launched SME Protect, a new mini-fleet product for family run businesses and small enterprises with fleets of two to 10 cars and/or commercial vehicles.
Product roundup: Motor market focuses on fleet
The UK motor fleet market enjoyed a bit of attention last month, with two market developments. Equity Red Star kicked things off, releasing SME Protect, its new mini-fleet product.
RSA reveals new sales director
RSA has pounced to appoint Owen Thomas as sales director within its reshaped Global Speciality Lines (GSL) division.
RSA and The Co-operative unveil motor recovery deal
RSA and The Co-operative Insurance have announced a bilateral agreement aimed at settling outstanding motor recoveries.
Fortune favours the brave
As the dust settles on a hectic first few weeks at Insurance Age it is clear to see that a common issue afflicts many brokers across the board.
Aviva aims to please brokers with streamlined systems
Aviva has selected Guidewire PolicyCenter as its new underwriting and policy administration system, and Guidewire ClaimCenter as its new claims management system for its core UK commercial lines business.
HSB snaps up loss control engineering manager
Specialist engineering insurer HSB Engineering Insurance has snapped up Jim Whitmore as loss control engineering manager for construction.
Capita creates 30 jobs in Gloucester
Capita Insurance Services has created 30 new jobs in its underwriting services division in Gloucester.
AIG to use its brand name once more
AIG will use its brand in public once more after having shied away from using its own name.
Brokers endure fastest commission decline for two years
Average commissions, fees and premiums fell at their fastest rate since June 2010 during the last quarter, according to the latest CBI/PwC Financial Services Survey published today.
Marketform appoints interim CEO on permanent basis
Lloyd's insurer Marketform Managing Agency has confirmed interim CEO John O'Neill has been appointed on a permanent basis.
MSL extends LEI product range
MSL Group has launched two products to be sold exclusively through brokers.
UK D&O rates continue to fall
Director's and officer's (D&O) liability insurance rates fell by up to 10% in the UK during Q2 this year, according to Marsh's Global Insurance Market Quarterly Briefing.
RK Harrison in £30m refinancing deal
RK Harrison Group (RKH) has secured a £30m refinancing deal with Clydesdale Bank and Royal Bank of Scotland (RBS).
Motor will not return to profit until at least 2014, says Ernst & Young
The motor insurance market will not make a profit in 2012 or 2013 despite a significant profitability improvement in 2011, according to Ernst & Young.
ABI reveals new chairman
The board of the Association of British Insurers (ABI) has nominated Tidjane Thiam as the next chairman of the trade body.
Randall & Quilter says acquisition pipeline remains strong
Randall & Quilter (R&Q) will confirm that its Canadian managing general agency (MGA) will close during the company's Annual General meeting (AGM) today.
Broker demand fuels Rural Insurance product growth
Rural Insurance is boosting its range of covers in the UK equine market to satisfy broker demand.
Quinn faces 'punitive' action over contempt ruling
A judge has told Seán Quinn it would be difficult to persuade her against enforcing ‘punitive’ action against him, after he was found in contempt of court for putting assets beyond the reach of the former Anglo-Irish Bank.
Aspen Insurance announces management overhaul
Aspen Insurance has announced that co-CEO Rupert Villers will assume the role of chairman of Aspen Insurance and president of Aspen International Insurance next month.
Allianz Retail revamps broker website
Allianz Retail has relaunched its eBroker website.
Groupama chief blasts Standard & Poor's after downgrade
The CEO of Groupama Insurances in the UK has slammed Standard & Poor's (S&P) for its "dogmatic" approach to credit ratings.
Groupama Insurances CEO allays downgrade fears
The CEO of Groupama Insurances in the UK has insisted the insurer's trading position remains excellent despite Standard and Poor's (S&P) downgrade of Groupama S.A.
S&P downgrades Groupama to BB junk status
Standard and Poor’s (S&P) has downgraded Groupama S.A. to BB status from BBB- citing insignificant capital adequacy as being behind the move.