Insurer
Speculation mounts around Direct Line flotation
Direct Line Group could tomorrow announce its intention to float on the London Stock Exchange, according to reports.
Arag wins Oak account from Das
Arag has partnered with Oak Underwriting to provide legal expenses and home emergency assistance insurance to the specialist’s high net worth (HNW) portfolio.
FSA moves to quell concerns over staff changes
The Financial Services Authority (FSA) has moved to pacify senior politicians' fears about staff turnover and its impact on the consistency of communication between firms and the regulator during the transition to the ‘twin peaks’ and Solvency II regimes.
Biba to offer higher commissions through trade credit scheme
Increased commission levels will be available to members of the British Insurance Brokers’ Association (Biba) when they place trade credit insurance through the UK Export Finance initiative.
Allanfield reports revenue and profit growth after 'hectic' year
Allanfield Group has reported a net revenue of £2.1m for the first six months of 2012.
Barclays overtakes Lloyds as biggest PPI offender
Barclays Bank has overtaken Lloyds TSB as the source of the most payment protection insurance (PPI) complaints, according to figures from the Financial Ombudsman Service (FOS).
Insurers named and shamed by FOS
UK Insurance, part of Royal Bank of Scotland, racked up the highest number of general insurance complaints referred to the Financial Ombudsman Service (FOS) according to new figures.
Chartis builds cyber liability offering
Chartis has appointed Jamie Bouloux to the newly created role of cyber liability underwriting manager for Europe.
LV Broker turns to BGL for strategic account manager
LV Broker has swooped to appoint former BGL man Paul Chalfont as strategic account manager.
HDI-Gerling adds to motor fleet leadership
HDI-Gerling has appointed Michael Gwilt as manager responsible for fleet risk management and business development.
Ecclesiastical goes to Allianz for new risk chief
Ecclesiastical has appointed Angus Roy as head of risk services.
Duke Street Capital founder could bid for Direct Line
The founder of Duke Street Capital has registered his interest once again in snapping up Direct Line, the Daily Telegraph has reported.
Allianz unveils new claims division head
Allianz has promoted Jeremy Trott to head of operations within the claims division.
Chartis unveils UK middle market distribution manager
Chartis has moved to appoint a new UK middle market distribution manager as it continues its bid to evolve its business model.
Brokers hail end to Groupama 'limbo' period
Brokers have welcomed the news that Groupama has entered into talks with Ageas around a potential sale of its UK non-life insurance business.
Ageas and Groupama confirm acquisition talks
Ageas UK and Groupama have entered into exclusive discussions regarding the sale of Groupama's UK non-life insurance business.
Coface reports improved turnover and jump in profit
Coface has reported turnover of £808m for the first half of 2012, up 5.8% from the same period of 2011.
Aviva director Wilford set to join Towergate
Aviva's shared services director Alison Wilford is reportedly set to join Towergate.
Allianz confirms Chris Hanks departure
Simon McGinn is to replace Chris Hanks in the role of general manager at Allianz Commercial in 2013, the insurer has confirmed.
Chartis PCG and Markham Private Clients in exclusive HNW deal
Markham Private Clients (MPC) has entered an exclusive arrangement to become the UK sole tied agent of Chartis Private Client Group (PCG).
Mitsui confirms PI class underwriter promotion
Mitsui Sumitomo at Lloyd's has promoted Stuart Wood to class underwriter for professional indemnity (PI) as it continues its bid to expand the professional lines operation.
Aon UK unveils Carnegie-Brown as new non-exec chairman
Aon UK has unveiled Bruce Carnegie-Brown as non-executive chairman following the departure of Paul Manduca.
Chris Hanks to retire from Allianz
Insurance Age understands that Chris Hanks, general manager of Allianz Commercial, is to retire in 2013.
Former Zurich PL chief Bedlow to join Tesco
Ex-Zurich personal lines managing director Karl Bedlow is to join Tesco, Insurance Age can reveal.