Insurer
Groupama's head of household resigns
Groupama has moved to replace its departing head of household, Craig Allen, who is leaving the business at the end of May.
LV appoints sales executive for East Midlands
LV Broker has appointed James Townsend as a regional sales executive responsible for the East Midlands reporting to Mark Hands, North of England manager for the company.
Ace UK president leaves to join QBE
QBE has appointed a new deputy CEO of its European operations.
The week that was
This was a bad week for the insurance industry in terms of press – consumer group magazine Which? in particular had a field day, accusing insurers of charging customers exorbitant ‘hidden fees’ to make run of the mill changes to policies.
Axa Commercial loses Leeds branch manager
Andy Halstead, Axa Commercial's branch manager for Leeds, is to leave the company.
Commercial Express moves to tackle larger risks
Commercial Express has appointed a new property and casualty underwriter.
Transactor wins income protection provider contract
Transactor Global Solutions (TGSL) has been appointed by income protection provider Cirencester friendly to replace its legacy IT systems.
RSA hoping to create jobs in Belfast
RSA will not be cutting any jobs in the wake of the revamp of its Northern Ireland operations.
Sterling retains BBB+ rating
Fitch has affirmed the insurer financial strength ratings as BBB+ for Sterling Insurance and Sterling Life giving both a stable outlook.
Homeserve fined £750,000 over abandoned calls
Homeserve has been fined £750,000 by Ofcom for making an excessive number of silent and abandoned calls to UK consumers.
Igal Mayer out at Aviva as former Axa boss moves upwards
Igal Mayer is the highest profile casualty of a senior level Aviva management reshuffle that sees major top level changes at the insurer.
Randall & Quilter report near £0.5m loss
Randall & Quilter has reported a loss of £488,000 for the year ended 2011, compared with a profit of £6.4m for 2010.
RSA revamps Northern Ireland operation with £5m investment
RSA has announced a £5m investment in its Northern Ireland operations and said it intends to become the number one insurer across the whole of Ireland.
RSA to focus on small non-UK acquisitions
Simon Lee, group CEO at RSA, has confirmed the provider would be targeting smaller acquisitions outside the UK and was not seeking to make a major billion pound purchase.
Insurance application fraud jumps by 23%
Research by Experian has revealed that the detected rate of insurance application fraud in the UK increased by 23% last year to 11 in every 10,000 applications.
Bill for Quinn Insurance collapse could rise to €1bn
The collapse of Quinn Insurance could cost Irish policyholders almost €1bn (£0.8bn), the Irish Independent has reported.
Lorega grows regional broker development team
Lorega has appointed two former Towergate employees to its regional broker business development team.
Swiftcover hits back at Which? claims
Swiftcover has responded to claims that it charges its customers “hidden” fees to make standard policy changes.
Canopius rolls new purchase into K Drewe
Canopius Group has purchased golf insurance specialist Golfplan International Insurance.
L&G launches new income protection product
Legal & General has launched Lifestyle Cover, a new short-term income protection product.
Water companies must stop flood of unnecessary policies says Which?
Consumer group Which? has revealed that ten of the UK’s twelve biggest water companies are promoting supply pipe insurance which is potentially unnecessary.
Axa and Autoglass in new four-year deal
Axa and its subsidiary Swiftcover.com have appointed Autoglass as their preferred supplier.
General insurers face credit downgrade over personal injury claims
Ratings agency Moody’s has warned the increase in periodical payment orders (PPO) will be credit negative for general insurers with exposures to personal injury claims.
Groupama in Brightside motorbike deal
Groupama Insurances has agreed to become the sole underwriter of motorcycle policies sold through eBike, part of the Brightside Group.