News
Axa goes to QBE for new Reading underwriter
Axa Commercial Lines and Personal Intermediary has appointed Karen Young as senior underwriter for its Reading branch.
SSP welcomes chief technology officer back from L&G
SSP has appointed Kevin Gaut as chief technology officer for its insurer division.
Nexus in appointment surge
Nexus Underwriting Management has made a flurry of appointments in a bid to boost its operational capability.
RSA and LV in motor claims agreement
RSA has signed an agreement with LV to help speed up motor payment processes and remove unnecessary costs.
Late payment worsening in insurance
The latest Late Payment Index from Experian has revealed a worsening in the late payment of bills in the insurance sector to 21.72 days beyond terms.
Arista in schemes deal with regional brokers
Arista has partnered with two brokers to develop schemes as part of a new initiative to work more closely with intermediaries.
Bluefin extends PI deal with ICAEW
Bluefin Professions has extended its exclusive professional indemnity (PI) and office insurance deal for members of the Institute of Chartered Accountants in England and Wales (ICAEW) for the next three years.
Aon reports 2% organic growth for retail brokerage
Aon's retail brokerage organic revenue increased by 2% in the third quarter of 2012, according to its results.
Macquarie decision means less choice for brokers
Bill Cooper, global head of insurance at Lloyds Bank's wholesale banking and markets, has expressed his surprise at the decision of Macquarie Bank to pull out of UK broker lending.
Macquarie explains decision to pull out of broker market
Macquarie Bank has given its reasons for withdrawing from the cashflow lending business with UK brokers citing the global economy and regulation.
Macquarie Bank pulls out of UK broker loans market
Macquarie Bank has decided to withdraw from the UK loans market for brokers with immediate effect.
First chartered broker for Staffordshire
Howell Shone has been awarded chartered status.
Keychoice in new taxi cover deal
Keychoice has partnered with TFP Schemes to provide its membership with cover for all taxi risks.
Professionalism: Chartered status not a silver bullet
This week’s video on Insurance Age saw Juliet Williams of Insure4biz.com explain why she was proud that her firm had achieved chartered status.
Ink Insurance MD placed on gardening leave
The managing director of Ink Insurance Mike Smith has been placed on gardening leave, Insurance Age can reveal.
Biba puts forward 'ring-fenced' FSCS proposal
The British Insurance Broker's Association (Biba) has urged that brokers should be ‘ring-fenced' from other intermediaries as part of the Financial Services Compensation Scheme (FSCS) funding model.
Axa promotes one of its own to head of large loss
Axa Commercial Lines and Personal Intermediary has appointed Martin Steward as head of large loss.
Marsh's graduate application boom "testament" to industry
Marsh has revealed that more than 2,700 people applied for just 15 places in its last UK graduate intake.
Sagicor takes on former Fusion man
Sagicor Underwriting has bolstered its commercial combined underwriting team with the addition of former Fusion Insurance Services man Lee Sunderland.
Axa reports improved revenues and rates in UK & Ireland
Axa’s UK & Ireland operations have reported property & casualty (P&C) revenues of €3.2bn (£2.5bn) for the first nine months of 2012.
Manchester Underwriting upgrades electronic capability
Manchester Underwriting Management (MUM) has launched a new website and trading platform.
New Coversure branch in Bedfordshire
Coversure Insurance has opened a new office in Ampthill, Bedfordshire.
Alesco moves for former Aon and Marsh specialist
Alesco has snapped up risk and insurance power construction specialist Alison Baker from Aon.
Biba denies 'secret' credit check investigation claims
The British Insurance Brokers' Association (Biba) has insisted it is "not concerned" about claims insurers are carrying out ‘secret' credit checks on drivers to increase premiums.