News
Chaucer appoints Ball to Lloyd's property syndicate
Chaucer has appointed Simon Ball as international property treaty underwriter within Chaucer Syndicate 1084’s property division.
Unitas welcomes latest member to the fold
NPA Insurance Broking Group has joined the broker alliance, Unitas.
Insurance Age blog: The calamity that is claims
Claims are given quite a lot of air time. Everyone seems to have an opinion about them - unfortunately most seem to centre upon what other people are doing wrong.
New chief executive for agricultural network
FarmWeb has announced the appointment of a new chief executive.
Underwriting result drags Randall & Quilter's profit down
Randall & Quilter’s Q2 2011 results have revealed a 17.1% increase in group income at £18.8m but profit before tax fell to £3m (2010: £5.8m).
CCV makes significant addition to Welsh arm
CCV has acquired an 80% stake in Welsh broker Antur Insurance.
Law Society and Prime Professions join forces to help ARP firms
The Law Society has announced it will again offer a scheme to assist law firms who are experiencing difficulty securing professional indemnity (PI) renewal terms.
Lark buys Cadogan business from Barbon
Lark Group has purchased the Cadogan Hanover Park business from Barbon Insurance Group.
Abbey Legal posts profit as it prepares for changes on legal landscape
Abbey Protection’s MD has predicted a blanket implementation of Jackson’s proposals as the legal insurer posted a 6% increase in pre-tax profits to £5m for Q2 2011.
Your thoughts matter in our market sentiment survey
Insurance Age has launched its second sentiment survey of 2011 and is calling on brokers to participate in this independent barometer of market concerns.
Insurance achieves gender equality on junior exec pay
The Chartered Management Institute (CMI) has claimed that equal pay is now a reality for female and male executives working in the insurance sector but only at a junior level.
Purple appoints BDM from Bluefin
Jelf-owned network, Purple Partnership, has appointed Chris Hankey as the new development manager for the North and Midlands.
Debrett’s enters HNW with Sterling
Debrett’s, the self styled modern authority on all matters of etiquette and fine style, has launched Debrett’s Prestige Insurance targeting “discerning home owners”.
Wilson Organisation steps forward with Boots director
Gary Cormack, a former trading director for Boots, has joined Nottingham insurance broker The Wilson Organisation, as non-executive deputy chairman.
PowerPlace hits the road with D&O
PowerPlace has announced the launch of a series of free D&O workshops around the country for brokers starting in Birmingham on 17 November.
Broker trade bodies want lower regulatory barriers
The British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) have called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.
Solicitors' PI renewal season expected to be tough
The 2011 renewal for solicitors’ professional indemnity (PI) cover could be a hard one for many with deteriorating claims and insurers underwriting at a macro level.
Video: How brokers can make the most of social media
As part of a special 13th edition, dedicated to digital marketing in the broking sector, Insurance Age has spoken to a number of experts about various aspects of the digital, business world.
New aggregator looks to Zurich for commercial director
Mike Quinton has taken on the role of commercial director for a new price comparison site due to be launched next year.
Carole Nash's profit squeezed by recession
Carole Nash has reported a reduction in pre-tax profit for the year ended December 31st 2010, the second consecutive year the broker has done so.
Solvency II could impact personal lines, survey says
A survey of 170 interim executives working in financial services has found that 90% of respondents expect the costs of Solvency II to force smaller firms to quit personal lines insurance due to being unable to make a profit.
Trade body warns against using claims management companies
The British Bankers’ Association (BBA) has said the increase in Payment Protection Insurance (PPI) claims was “not unexpected” and warned consumers against using claims management companies to make a claim.
OFT pushes for PMI clarity
The Office of Fair Trading (OFT) has been forced to take action to promote transparency and comparability in the private healthcare market.
HSBC to miss PPI deadline
HSBC has confirmed it will miss the deadline imposed by the Financial Services Authority (FSA) to deal with the backlog of Payment Protection Insurance (PPI) complaints by 31 August 2011.