Insurer
Sterling partners with ex-NIG chief in development plans
Sterling Insurance has partnered with consultancy firm Integrity to develop its commercial and household arm.
CDL unveils new MD as founder Hogg takes new role
CDL has unveiled Gary Johnson as group managing director in a move which will see company founder Tom Hogg move upstairs as group chairman.
Father and sons hit with £278,000 bill after false claims
A father and his two sons found guilty of money laundering and conspiracy to defraud have been ordered to pay back £278,000 after having submitted "dozens" of fake claims.
Aviva France CEO announces immediate resignation
Aviva has confirmed that Philippe Maso y Guell Rivet has resigned as CEO of Aviva France.
MOJ shuts another 200 claims companies
The Ministry of Justice (MoJ) has confirmed that between April and November last year it closed 209 claims management companies.
Nearly 100 jobs at risk with RSA Croydon closure
More than 90 jobs are at risk following RSA's decision to close its current Croydon office and relocate the bulk of its services to Manchester in July 2013.
Libor scandals drive record FSA fines of £312m
The Financial Services Authority (FSA) handed down a record-breaking £312m in fines in 2012.
Markel makes $3bn acquisition
Markel has acquired Alterra Capital Holdings for $3.13bn (£1.92bn).
Markerstudy claims "final piece to the puzzle" with credit hire swoop
Markerstudy Group has bought accident management company Vision Vehicle Solutions as it focuses on launching an "integrated motor service" in early 2013.
Keychoice in GAP tie-up with Das and Mapfre
Keychoice has teamed up with Das and Mapfre Assistance to provide its members with a range of GAP products.
Mitsui boosts underwriting team with double hire
Mitsui Sumitomo has moved to strengthen its casualty and accident & health underwriting team with two new recruits.
FSA confirms extra packaged accounts proposals
The Financial Services Authority (FSA) has confirmed it will be implementing two further proposals to its packaged bank account rules.
XL adds to political risk and trade credit team
XL has appointed David Lineham to its political risk and trade credit team as a senior underwriter.
Saffron goes to Aviva for sales chief
Saffron Insurance has appointed Aviva’s Phil Marler as director of sales.
Gender Directive to hit motor market profitability
The ECJ Gender Directive, which comes into force on 21 December, could reduce the overall profitability of the UK motor insurance market by 2% next year, experts have warned.
S&P confirms Groupama Insurances’ BBB rating
Standard & Poor’s (S&P) has confirmed Groupama Insurances’ financial strength rating as ‘BBB’ with a “stable outlook”.
Premium Credit targets online broker integration with COO swoop
Premium Credit has appointed Gopi Chelliah as COO in a bid to improve its online integration with brokers and end customers.
UK General joins Managing General Agents' Association
UK General Insurance has become a member of the Managing General Agents' Association (MGAA).
Smartphone fraudster handed suspended sentence
A Lancashire man who took out ten fraudulent home insurance policies with an insurer in order to make repeated bogus claims for lost smartphones has been given a suspended jail term.
S&P revises RSA Group outlook to negative
Standard & Poor's (S&P) has revised its outlook on the core operating entities of RSA Group to negative from stable while affirming the insurer's A+ credit rating.
IAG exits UK market with Equity and broker sales
Insurance Australia Group (IAG) has confirmed the sale of Equity Red Star and its independent commercial brokers including Barnett & Barnett and NBJ in two separate deals.
Deloitte predicts 2012 household insurance profit
Deloitte has forecast that insurers will make a 2012 household insurance profit, the fifth year of profitability in a row.
Digital: Don't fall foul of FSA regulations
Brokers should ensure that their social media strategy is "clear, fair and not misleading" while pursuing a digital communication strategy.
RSA partners with Select & Protect to launch home product
RSA has been appointed as sole underwriter for Select & Protect’s Ultima home insurance product.