Insurer
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.
Esure reports improved profit, GWP and COR
Esure Group Holdings has reported a 46% improvement in profit for the first six months of 2012, at £60.2m compared with £41.3m for the same period of 2011.
Direct Line insists brokers will see "no change" from NIG
Brokers will see "absolutely no change" in their dealings with NIG, Direct Line Group has insisted in the wake of its cost-cutting measures unveiled today.
Up to 900 jobs at risk as Direct Line announces cost-cutting bid
Direct Line Group has announced the proposed redundancy of almost 900 staff as part of the ‘first phase' to try to slash administration costs and boost efficiency.
Elite responds to ARP clarification with PI launch
Legal expenses provider Elite Insurance has set its sights on £3m premium income with the launch of professional indemnity (PI) for solicitors.
Regulator outlines review into sales incentives
The Financial Services Authority (FSA) has outlined the research behind its decision to open a consultation on sales incentive schemes in the financial services industry.
FCA chief highlights PPI mis-selling in commission crackdown plans
Martin Wheatley, chief executive officer designate of the Financial Conduct Authority (FCA), has confirmed that he wants to see an end to mis-selling created by sales incentives.
Zurich personal lines chief steps down
Zurich has confirmed that Karl Bedlow has resigned as managing director of personal lines.
Ai Claims owners report growth and profit
Quindell Portfolio has reported increases in revenue and declared a profit for the first six months of 2012.
Abbey Protection reports increased profit and GWP
Abbey Protection has reported a 3% improvement in its profit before tax, up to £5.2m for the first six months of 2012.
Coface's Denecker to retire as UK managing director
Trade credit insurer Coface has confirmed that Xavier Denecker is to retire as managing director in the UK and Ireland with Frédéric Bourgeois appointed to the role.
New Ocaso UK boss spells out broker ambition
The new UK boss of Spanish insurer Ocaso has spelt out his ambition to boost broker business.
LV Broker revamps SME product range
LV Broker has relaunched its commercial SME product range, with two property owner products now available for the residential and commercial sectors.
Liberty moves to strengthen northern broker relationships
Liberty Mutual Insurance (LMI) has appointed Richard Chapman as broker account manager for its Manchester office.
County Insurance relocates head office in growth bid
County Insurance has moved head office as it sets its sights on boosting staff numbers.
Editor’s letter - September 2012
“Insurers and brokers responded to the half-year results across the market by agreeing there appeared to be a glimmer at the end of the tunnel”
Reportage: Tipping the scales
Brokers face a huge change in the way legal expenses insurance is sold and could lose out if they can’t tap into before-the-event products and add-ons, writes Martin Friel