News
1st Central chases growth with Allianz appointment
1st Central Insurance has appointed Andy James as group marketing director.
Co-op hails performance in face of summer flooding
The Co-op Insurance has weathered the effects of the June flood claims to post a £22m turnaround in its post-tax profits.
JLT warns against two-year solicitors’ PI deals
With the deadline for solicitors’ professional indemnity insurance (PI) only six weeks away JLT partner Mike Perry has warned that locking into a 24-month deal seems foolhardy.
Ecclesiastical claims no need for broker concern over results
Ecclesiastical has moved to reassure brokers following its disappointing results for the first six months of 2012.
Co-op insurance operating profits soar
The Co-operative Insurance's operating profit rose by 346% to £30.3m (H1 2011: £6.8m) while its net earned premium edged up 2.9% to £297.5m in the first half of 2012 (H1 2011: £289m).
Howden boosts energy proposition
Howden Insurance Brokers has appointed Greg Stenzhorn and Richard Bateman to its energy division.
UK underwriting loss for Equity owner
Equity Red Star owner, Insurance Australia Group (IAG), has revealed that it made an underwriting loss on UK business of AU$23m [£15.21m] for the year ended 30 June 2012.
IAG writes off nearly AU$300m on UK arm
IAG has written off AU$297m [£196m] of all remaining goodwill and intangible assets for its UK division.
Ecclesiastical doubles underwriting loss as COR worsens
Ecclesiastical has reported a group underwriting loss of £14.4m for the first six months of 2012.
HNW intermediaries facing bank and direct provider threat
High net worth (HNW) insurance intermediaries are coming under increasing market share pressure from banks and direct providers, according to research published today by Defaqto.
Insurance fraud in decline in Q2
Attempted fraud in the insurance industry fell by 16% between April and June 2012, according to new figures released by Experian.
Outgoing Rural founder pays tribute to colleagues and brokers
Outgoing Rural Insurance deputy chairman and founder Lance Harvey has paid tribute to the brokers he has worked with ahead of his retirement in September.
Zurich tees up for growth with golf scheme
Zurich Insurance has become the underwriter for the 20 year old ‘Par Excellence’ scheme run by Glasgow-based Circle Golf after signing a long term deal with the golfing specialist.
Junction hires AA man as e-commerce chief
Junction has appointed Jamie Queen as associate director, e-commerce and aggregation.
Aviva unveils new head of fraud in front-end clampdown
Aviva has swooped to appoint a new head of fraud for underwriting, pricing and product to boost front-end fraud detection.
New lettings services chief at Endsleigh
Endsleigh has appointed Grant Stevens as general manager – letting services.
Swinton boosts Scotland reach with commercial office opening
Swinton Group has snapped up Kirkintilloch Insurance Services as it further expands its broker offering north of the border.
UK General takes on ex-Towergate man as business development chief
UK General has appointed Andrew Tailby as head of business development in its commercial division.
AA warns fight is still on to crack down on uninsured drivers
AA Insurance has welcomed the seizure of the UK's millionth uninsured vehicle this morning - but warned the fight is still on to crack down on uninsured drivers.
Millionth uninsured vehicle to be taken off road
The Motor Insurance Bureau (MIB) has predicted that police in Birmingham will today seize the millionth uninsured vehicle in the UK as part of an operation to disrupt criminal activity.
Canopius completes Omega deal
Canopius Group has confirmed the completion of the acquisition of Omega Insurance Holdings.
Arc Legal strikes schemes deal with e-Underwriting
Arc Legal has struck a deal with e-Underwriting to provide two legal expenses schemes for its household and property owners portfolios.
QuestGates chases Scotland expansion with Merlin hires
QuestGates has added two former Merlin employees to its Scotland team.
Chaucer aims to boost broker access with cargo appointment
Chaucer has appointed Geoff Wilkinson as cargo class underwriter in the marine division of Chaucer Syndicate 1084.