Insurer
Financial confidence falling, research says
Research from Axa has revealed that 40% of consumers have made significant spending cutbacks since the end of last year with financial confidence continuing to fall.
FSA publishes Annual Report for 2010/11
The Financial Services Authority (FSA) has published its annual report for 2010/11, outlining its performance against the priorities set out in its 2010/11 Business Plan and its statutory objectives.
Coface warns of increase in insolvencies
Xavier Denecker, managing director of trade credit insurer Coface for UK and Ireland, has warned of a slow and steady increase in UK insolvencies but stressed it would not be as “brutal” as during the depth of the recession.
XL Insurance focuses on regions with Midlands expansion
XL Insurance has opened a new underwriting office in Birmingham.
What the papers say - June 2011
In this month’s edition of What The Papers Say, Insurance Age editor Martin Friel and senior reporter Emmanuel Kenning discuss the biggest stories in insurance with Paul Upton, chief executive officer of Evolution Underwriting.
Aviva has a second bite of the telematics cherry
Aviva is re-entering the telematics market with a "new" way of working with companies’ existing technology.
Brit becomes latest insurer to join Powerplace
Powerplace has added Brit Insurance to its panel of insurers.
LV increases Ipswich presence
LV has announced the expansion of its current operation in Ipswich which deals with car insurance queries within the general insurance business.
Swinglehurst's accounts in lockdown
Lloyd’s insurer Swinglehurst has reportedly had its company accounts frozen after running into tax diffculties.
Quinn to continue writing UK business until 2012
Quinn Insurance will continue issuing new UK policies until the end of 2012, despite its new owners only buying its Irish operations, according to reports.
Markerstudy breaks into commercial motor with broker buy
Markerstudy Group has acquired Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Axa raids Towergate for IT director
Axa Commercial Lines has appointed Ross Burns, formerly of Paymentshield, as the new IT director in Amanda Blanc’s senior leadership team.
Allianz launches motor add-on for retail brokers
Allianz has launched Allianz Pro-Motor Rescue, an add-on motor insurance product.
Aviva looks down under for new chairman
The former chief executive of the Australia and New Zealand Banking Group, John McFarlane is to succeed Lord Sharman as chairman of Aviva according to reports.
No resignations, no regrets says Homer
Andy Homer has confirmed that Towergate came close to making an internal appointment ahead of its decision to poach Mark Hodges from Aviva for the chief executive role.
Hodges to continue acquisition drive at Towergate
Towergate chairman Alastair Lyons said he was "absolutely delighted" at the arrival of Mark Hodges from Aviva and promised the company would continue on its broker acquisition path.
Aviva responds to Hodges' departure to Towergate
David McMillan, chief executive officer of UK general insurance at Aviva, has told Insurance Age that it is “business as usual” for Aviva following the shock departure of Mark Hodges to Towergate.
Aviva chief jumps ship for Towergate
Mark Hodges, UK chief executive officer of Aviva, has been lined up to replace retiring group CEO of Towergate, Andy Homer.
APC revamps hoteliers and guest house owners policy ahead of Olympic tourist surge
APC has announced the re-launch of its hotel and guest house product with area rating designed to help brokers service UK proprietors looking to take advantage of the expected nationwide surge in tourist numbers resulting from the Olympics.
Polly C – the hottest insurance gossip
Polly gets her red arm band on to relay this month's hottest gossip
Broking success: Training to gain
Emmanuel Kenning speaks with a profitable, debt free start-up motor broker that is writing more than £50m a year, targeting 250,000 policies within 18 months and focusing on staff training and development
Reap the rewards
A growing SME market could provide an ample harvest for brokers and insurers, says David Overall.
Happy searching
Natural searches can be as effective at winning new business as appearing on aggregator sites, says Kevin Taylor
Editor’s letter – June 2011
I think the front cover says it all. For many brokers, moving into the online world is a leap of faith and not one that should be taken lightly. But there is momentum. Every insurer executive is talking about e-trading and they’re desperate for you, the…