News
More arrests in the 'crash for cash' schemes
West Yorkshire Police have charged three individuals in the ongoing inquiry into ‘crash for cash’ scams in conjunction with the Insurance Fraud Bureau (IFB).
New aggregator site enters congested market
Lloyds TSB has entered the increasingly competitive aggregator market with the launch of insurance.co.uk, the first high street bank to do so.
Towergate claims victory in Chaucer spat
Towergate has reached an out of court settlement with Chaucer, bringing an end to the High Court case it brought against the insurer.
Axa makes Lloyd's move with latest broker purchase
Axa Advisory Holdings has made a formal offer to purchase 100% of the share capital of SBJ Group.
Employment tribunals increase but businesses fail to act
Nearly two thirds of smaller businesses are leaving themselves exposed to legal action from their own employees, despite the number of employment tribunals increasing by 15% last year, according to figures released by Hiscox.
R J Kiln & Co acquires share in expatriate insurance specialist
R J Kiln & Co (Kiln) and Ibex Insurance Services (Ibex) today announced that Kiln has acquired a minority shareholding in the Gibraltar-based insurance provider.
Insurer wins case in Court of Appeal
The Trustees of Syndicate 1243 have won their case against Kosmar Villa Holidays in the Court of Appeal.
Kaupthing Singer & Friedlander Premium Finance launch new system
Kaupthing Singer & Friedlander Premium Finance have launched their new trading system, called K-nect.
Gresham confirms Giles exit
Gresham Private Equity, the UK mid market private equity specialist, has confirmed that it has successfully exited broker Giles through the sale of the business to Charterhouse Capital - news that was broken by Insurance Age on the 21 February.
Small business survey results revealed
A survey of the UK small business sector, conducted by Department for Business, Enterprise and Regulatory Reform, has revealed that nearly half of those questioned were producing new products and services, the highest level since the survey began in 2003.
New claims and risk management service set for launch
Legal & Professional Claims is set to launch a new professional indemnity (PI) claims and risk management service this summer.
RAC unveils the nation's breakdown propensity profile
New data from RAC has revealed the profile of motorists most likely to breakdown in Britain. Those most at-risk drive a blue car, are born under a Libra starsign, and live in Croydon, Greater London.
Allianz rethinks claims handling ahead of MoJ
Allianz Insurance is preparing to pilot a number of changes to the way it handles personal injury claims ahead of the anticipated reforms by the Ministry of Justice (MoJ).
Hiscox confirm another record year in results
Financial highlights Record pre-tax profits up 18% to £237.2m (2006: £201.1m) Gross written premiums up 6.5% to £1,198.9m (2006: £1,126.2m) Group combined ratio improves to 84.4% (2006: 89.1%) Earnings per share on profit after tax up 16.1% to 48.4p …
Davies Chartered Loss Adjusters in £27m MBO
A £27m management buyout of Davies Chartered Loss Adjusters will see the 39-year-old business reorganised and restructured to strengthen its position in the UK insurance market.
Travel insurer estimate 3.32 million first-timer skiers to hit the slopes
New research from travel insurance company, InsureandGo, has found that 7% of the adult population – some 3.32 million people - intend to go skiing or snowboarding for the first-time over the next few months.
Appointment at Focus Solutions Group
Focus Solutions Group, an office solutions provider for financial services distributors, has recruit...
Appointment at Allianz Global Corporate and Specialty UK
Philipp Cremer has taken the position of head of market management and communications at Allianz Glo...
Appointment at United Insurance Brokers
United Insurance Brokers has made Philip Tuite-Dalton a board member of UIB Holdings. Tuite-Dalton i...
Smartwater - UV technology set to battle metal theft
A rise in church metal robberies has forced Ecclesiastical Insurance to take action, writes Marcus Alcock
Appointment at Carole Nash
Carole Nash completed a strengthening of its board with the appointment of Clive Roberts as financia...
Women in insurance - Breaking down boardroom gender barriers
The glass ceiling is a persistent, but not insurmountable obstacle for women, writes Charlie Thomas
Appointment at Liberty International Underwriters
Liberty International Underwriters has appointed John McCammon to manage its European claims operati...
Appointment at Aon Global
Aon Global has appointed Rob Woods as chief executive officer of its London broking teams. Woods has...