Insurer
BIBA 2010: Over half of brokers see value in online platforms
Over half of British insurance brokers believe using an online platform to trade with carriers will help them retain commercial insurance business that would otherwise go direct.
Hiscox hires regional managers
Hiscox has announced the appointment of Bill Guiney as regional manager of Manchester and Hannah Hosking as regional manager of Scotland and Ireland.
Allianz sees profits slip 10 points in first quarter
Allianz Insurance's pre-tax profits have slumped more than 10% to £36.7m (£41.1m: 2009) for the first quarter of 2010, despite a near 5% increase in gross written premium (GWP) to £411.3m.
Markerstudy joins IFB
Markerstudy Insurance Company, a division of Markerstudy Group, has become the latest company to join the Insurance Fraud Bureau (IFB).
Ferrari crash lands insurer with huge bill
According to press reports an MOT garage worker wrecked a £245,000 Ferrari on Saturday when he took it out for a test drive.
Zurich European GI chief to leave following restructure
Zurich Financial Services Group has announced a streamlined management structure and related senior management appointments, affective as of 1 July, 2010.
Garwyn appoints new CEO
Garwyn has appointed Stewart McCulloch as its new CEO with effect 1 June 2010.
Aviva appoints head of broker personal lines
Sam Hudson has been appointed head of broker personal lines for Aviva.
Quinn to quit UK PI
Quinn Insurance will not reopen its professional indemnity (PI) business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Lloyd's motor insurer KGM up for sale
Lloyd's motor insurer KGM has been put up for sale by its parent Gibraltar-based Perseverance.
PB Week: Discussions, drinks and the CII's Steve Davis pool challenge - all at Biba 2010
Biba's conference and exhibition, which kicks off next Wednesday, gives us the chance to talk to carriers and brokers about what is going on in their world.
Hiscox reports £10m Deepwater oil disaster impact
Hiscox gross written premiums (GWP) increased by 6.4% in local currencies to £504.1m in the first three months of 2010.
Coalition government: compromise over National Insurance and capital gains tax
Parties agree over respective manifestos for business.
Fortis reports net loss in Q1
Fortis UK has announced that it lost £1.8m in the first quarter of this year and a non-life combined ratio of 110.2%.
Aviva's results suggest GI recovery
Aviva’s first quarter statement has shown “a return to volume growth in 2010” despite tough conditions and cost cutting.
RBSI to cut up to 2,000 jobs
Royal Bank of Scotland Insurance (RBSI) has announced it is to enter a staff consultation period which could affect up to 2,000 roles.
Video: Election 2010 review
David Worsfold and Jonathan Stapleton discuss the outcome of the election.
Brit Q1 results reveal drop in gross written premiums
Brit Insurance Holdings has reported a 13.3% drop in gross written premium (GWP) to £483.5m in the first quarter of 2010 (2009: £557.6m), a decrease of 9.9%
Sean Quinn stands down from the board of Quinn Group
Quinn stands down from board
Markel reports Q1 improvements
Markel reported net comprehensive income of $134.5 million for the first quarter of 2010 compared to a comprehensive loss of $2.0 million in the first quarter of 2009.
RSA grows in Q1
RSA has added premiums in both personal and commercial lines
Product review: Typical commercial legal cover blended with EPL
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits.
Product review: Essential PL and EL minus the package
This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits.
Towergate seeks to refinance debt
Towergate Finance seeks to raise £665m to refinance