Insurer
Towergate posts loss of £75.5m for 2011
Towergate has reported a £75.5m loss before tax for 2011, compared to a loss of £14.2m in 2010.
Zurich axes nearly 350 jobs as it outsources personal lines operation to brokers
Zurich is to shed nearly 350 jobs as part of a personal lines shake-up that will see it outsource its personal lines operations to a series of brokers.
Amlin UK reports 7.1% improvement in GWP
Amlin UK has reported gross written premium (GWP) of £312.4m for 2011, up 7.1% from the 2010 figure of £291.8m.
Data leaves businesses open to digital fraud study warns
Fraud increased by 13% in the first three months of 2012, according to CIFAS, the UK’s fraud prevention service.
UK in double dip recession
The British economy has been thrown back into recession following a 0.2% fall in GDP during the first quarter of 2012.
Rate of business insolvencies steadies despite double dip recession
New data shows that the rate of business insolvencies has steadied despite the UK economy’s dip into a second recession.
Young women drivers face premium hikes of 25% in 2013 warns AA
Average motor premiums fell in the first quarter of 2012 but rose for young women drivers, according to figures from the AA.
Equity and Cunningham Lindsey in claims partnership
Equity Red Star’s home insurance division has paired up with Cunningham Lindsey UK to form a dedicated claims team.
Towergate snaps up trio of brokers
Towergate Insurance has made three acquisitions.
Ai Claims board recommends Quindell deal
The board of Ai Claims has recommended that an offer for the remaining 22.4% of shares in the company be accepted.
David Robinson to lead Ace UK and Ireland operation
Ace Group has appointed David Robinson as regional president, UK and Ireland, replacing Richard Pryce.
Davies on lookout for further acquisitions following Ufton deal
Davies has acquired liability and construction practice Ufton Associates.
Groupama announces second scheme deal in a week
Groupama Insurances has won the contract to underwrite a new non-standard motor insurance scheme for Norfolk-based Adrian Flux.
QBE makes senior appointment to risk management team
QBE has appointed Martin Devaney as senior client risk manager on its risk management services (RMS) team.
MMA sees huge growth in regional bespoke products
MMA Insurance is reporting that it has seen a 40% increase this year in total regional growth for bespoke commercial business.
Aviva to push on broker household, says McMillan
David McMillan, CEO of the UK and Ireland general insurance business at Aviva, has told brokers that the insurer will be looking to match its growth in broker motor business with a push on household in 2012.
Liberty grows its crisis management team
Liberty International Underwriters Europe (LIU Europe) has appointed Brenda Whelan as senior underwriter - crisis management.
Aviva mistakenly 'sacks' 1,300 people as it steadies itself for £1bn US loss
More than 1,300 employees at Aviva have been mistakenly told that they had been dismissed via email.
Das unveils Loss Assist
Das Group is to expand its range of assistance products with Loss Assist, set to be launched at the British Insurance Brokers’ Association’s 2012 conference in May.
Groupama's head of household resigns
Groupama has moved to replace its departing head of household, Craig Allen, who is leaving the business at the end of May.
LV appoints sales executive for East Midlands
LV Broker has appointed James Townsend as a regional sales executive responsible for the East Midlands reporting to Mark Hands, North of England manager for the company.
Ace UK president leaves to join QBE
QBE has appointed a new deputy CEO of its European operations.
The week that was
This was a bad week for the insurance industry in terms of press – consumer group magazine Which? in particular had a field day, accusing insurers of charging customers exorbitant ‘hidden fees’ to make run of the mill changes to policies.
Axa Commercial loses Leeds branch manager
Andy Halstead, Axa Commercial's branch manager for Leeds, is to leave the company.