News
Lockton launches SME and specialists markets drive
Lockton International has launched Lockton Affinity to spearhead its drive into the small to medium-sixed enterprises (SME) volume and specialist markets.
The Insurance Partnership forms new Health Insurance Division
Commercial broker, The Insurance Partnership, has formed a new health insurance division. Health Insurance Brokers, has been brought into The Insurance Partnership group of companies to offer a range of bespoke services to new and existing clients.
Survey reveals concerns about MiFID requirements
The ‘best execution’ clause of the European Union Markets in Financial Instruments Directive (MiFID) is causing high concern across the whole spectrum of financial services firms, according to a survey conducted by Complinet.
Defaqto welcomes Treasury decision for FSA to regulate all travel insurance policies
Defaqto has welcomed the decision by the Treasury for the Financial Services Authority (FSA) to extend the regulation of travel insurance policies to those sold by tour operators and travel agents.
Motor insurance reaches highest point in two years
The average quote for comprehensive motor insurance in the direct market reached its highest point in almost two years in May 2007, according to Experian, indicating a move towards harder market conditions.
Private Equity firms fear increase in litigation
Almost half of private equity firms believe they will face an increased level of lawsuits over the next two years, according to a survey by Marsh.
CII report stresses need for greater professionalism
An independent report commissioned by the Chartered Insurance Institute (CII) has shown that around 90% of its membership believe the future prosperity of the financial services industry depends on achieving parity with other professions such as…
Fleet managers warned to download speed data from tachographs
Drivers of commercial vehicles fitted with the new digital tachographs have been warned that they need to download as soon as possible, and always within 24 hours, speed data stored on their tachographs, if their vehicle is involved in an accident. This…
New Home & Legacy director appointed
Barry O'Neill has been appointed as managing director of Home & Legacy, pending the completion of his notice period at Marsh.
Broker Network adds two new members
Broker Network has announced two new additions to its network, bring the total number of member firms to 168. The two new members are Independent Insurance Bureau (IIB), based in the Leicester region, and Oxford-based Windrush Insurance Brokers.
NU attack on HNW
Norwich Union has been piloting a broker-only HNW proposition called Distinct with 30 brokers, and i...
SSP continues consolidation with major Sirius purchase
Andrew Tjaardstra Software Solutions Partners is splashing the cash on rival broker technology prov...
UK IMD compliance costs highest in Europe
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Appointment at Royal and SunAlliance
Royal and SunAlliance has appointed Paul Donaldson as managing director, broker. Donaldson is curren...
Survey shows work woes
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Sullivan: focus must be on discipline
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Jelf confident in consolidation model
Despite making a small after tax loss for its interim results to March 31, Alex Alway, chief executi...
Online insurance blow
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Appointment at LV
LV (formerly Liverpool Victoria) has announced the appointment of Dennis Holt as chairman. ...
Appointment at Highway
Highway has assigned Matt Taylor to the role of specialist motor underwriter to grow Highway's speci...
MMA grows non-motor portfolio
Reading-based insurer MMA, which has an agency base of 3200 intermediaries, had a 20% growth in hous...
CDL partnership announced
Software house CDL has announced a partnership that provides full integration with CDL broking techn...
Brokers have key role to play in flood protection
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Appointment at Markel International
Markel International has appointed Laurie Devereaux as senior general liability underwriter within t...