Insurer
Nexus in appointment surge
Nexus Underwriting Management has made a flurry of appointments in a bid to boost its operational capability.
RSA and LV in motor claims agreement
RSA has signed an agreement with LV to help speed up motor payment processes and remove unnecessary costs.
Late payment worsening in insurance
The latest Late Payment Index from Experian has revealed a worsening in the late payment of bills in the insurance sector to 21.72 days beyond terms.
Arista in schemes deal with regional brokers
Arista has partnered with two brokers to develop schemes as part of a new initiative to work more closely with intermediaries.
Macquarie Bank pulls out of UK broker loans market
Macquarie Bank has decided to withdraw from the UK loans market for brokers with immediate effect.
Time to fight the FSCS good fight for brokers
Much hullaballoo has surrounded the FSA's proposed FSCS reforms, aka another broker stitch up.
First chartered broker for Staffordshire
Howell Shone has been awarded chartered status.
Biba puts forward 'ring-fenced' FSCS proposal
The British Insurance Broker's Association (Biba) has urged that brokers should be ‘ring-fenced' from other intermediaries as part of the Financial Services Compensation Scheme (FSCS) funding model.
Axa promotes one of its own to head of large loss
Axa Commercial Lines and Personal Intermediary has appointed Martin Steward as head of large loss.
Sagicor takes on former Fusion man
Sagicor Underwriting has bolstered its commercial combined underwriting team with the addition of former Fusion Insurance Services man Lee Sunderland.
Axa reports improved revenues and rates in UK & Ireland
Axa’s UK & Ireland operations have reported property & casualty (P&C) revenues of €3.2bn (£2.5bn) for the first nine months of 2012.
Manchester Underwriting upgrades electronic capability
Manchester Underwriting Management (MUM) has launched a new website and trading platform.
Biba denies 'secret' credit check investigation claims
The British Insurance Brokers' Association (Biba) has insisted it is "not concerned" about claims insurers are carrying out ‘secret' credit checks on drivers to increase premiums.
NIG to create senior business development roles
NIG will create senior business development manager (SBDM) roles to replace the broker-facing positions set to be lost as part of parent Direct Line Group's cost-cutting drive.
Car premiums soften again
The latest benchmark AA British Insurance Premium Index has revealed further softening in motor premiums in the third quarter of 2012.
AA urges government to make flood investment a "priority"
The AA has urged the government to make flood investment a "priority" or risk leaving homes uninsurable.
Accountancy firm in financial dispute with insurers
Accountants RSM Tenon is in dispute with its insurers over who should pick up the bill for costs arising from the firm's Financial Services Authority (FSA) fine in 2010.
CFC creates casualty team with new appointment
CFC Underwriting has recruited Gary Norman into the newly created position of casualty practice leader.
Nexus buys CIFS
Nexus Underwriting Management has bought Credit Indemnity and Financial Services (CIFS) from Novae Syndicates for an undisclosed sum.
Ace reorganises broker relationship structure
Ace Group has moved to strengthen relationships with brokers and clients with a series of appointments across the UK and Ireland region.
Arista boosts Southampton office
Arista Insurance has appointed Paul Avery to its Southampton office, reporting to regional manager Andy Wright.
Profits up at Transactor
Transactor Global Solutions Limited (TGSL) and associated companies has announced a 20% increase in pre-tax profits to £600,000.
Insurance insolvencies up in September
Insolvencies in the insurance sector rose 15.4% in September compared with the same month in 2011, according to research by Experian.
Chartered status under-promoted on websites, says Axa
A review of UK Chartered Broker websites commissioned by Axa Commercial Lines and Personal Intermediary found that many brokers were not promoting their Chartered status adequately.