News
Without innovation insurance industry will falter, according to CII debate
Industry experts at a round table event hosted by the Chartered Insurance Institute (CII) agree that the entrepreneurial spirit exists in smaller regional businesses but that larger corporations were slower to act.
Liberty boosts UK property team with hires from QBE and CNA
Liberty International Underwriters Europe (LIU Europe), a division of Liberty Mutual Group, has made three new regional appointments to its UK property insurance team.
Insurance Age blog: Disgruntled from Barnet
While our traditional British reserve, or some might say apathy, means that we haven't followed our French neighbours in taking to the streets, setting a few cars alight and literally running riot, I don't think it will be long before the full impact of…
Jelf share price climbs as it slashes debt
Broking group Jelf has more good news for the market
Transactor embarks on quotation enhancement trial
Transactor Global Solutions is trialling the use of key external databases in a bid to enhance the quotation process in private motor, motor cycle, commercial vehicle, and household insurance.
A fifth of CII members fear redundancy
The Chartered Insurance Institutes's (CII) annual skills survey shows that 21% of members were worried about losing their job, compared with 26% in 2009.
Video: Broker Expo workshop - sneak preview
In the last of our series, Stephen Archer, director of business consultancy Spring Partnerships, discusses his workshop on how to find business opportunities in the era of austerity.
NIG appoints two underwriting managers
NIG has appointed two new underwriting managers for their motor trade and property owners lines of business.
Meehan considering his options
Paul Meehan, formerly customer services director of Axa, is on the move.
Willis opens new Birmingham office
Willis Group Holdings has opened a new office in Birmingham's jewellery quarter.
IIB asks if regulator sees brokers as "soft touch"
The Institute of Insurance Brokers (IIB) has criticised the HM Treasury’s Consultation Paper for not putting forward any firm ideas on the future regulation of the insurance broking sector.
Spending Review 2010: Concerns aired over SME impact
Andy Tait, executive director at specialist business finance provider Bibby Financial Services, said it supported attempts to make the public sector leaner but questioned how the cuts would affect the small to medium sized enterprise (SME) sector.
Spending Review 2010: National Friendly calls on private healthcare sector to prove its worth
Richard Sear, CEO of National Friendly, said the organisation was pleased the coalition Government is standing by its commitment to protect the NHS from spending cuts but said that the strain on front-line services is only just beginning.
PB Week: The web and the great cross-sell, up-sell conundrum
The quest to up-sell features and cross-sell products is one that has always troubled heads of sales, writes Peter Dunkley, marketing director at Total Objects.
Quinn bidders fear outstanding claims, according to reports
The Irish Independent has reported that several of the five bidders for Quinn are reluctant to buy the whole company fearing the outstanding claims and liabilities caused by previous management.
Hiscox launches new charities product
Hiscox has launched its new Charities Insurance Portfolio product for charities, clubs and associations.
Spending Review 2010: AA disappointed at drop in flood defence spending
AA Insurance has voiced its concern that spending on flood defence will not be maintained at current levels.
Spending Review 2010: Forum of Private Business voices job creation worries
The Forum of Private Business has reacted to the “tough choices” faced by the coalition goverment in implementing “painful public spending cuts for many small businesses as well as the public.”
Spending Review 2010: Zurich Municipal warns against "knee jerk" reactions
Andrew Jepp, head of local government at Zurich Municipal, said the extent of todays cuts are "every bit as severe as expected".
Spending Review 2010: ABI and Biba disappointed over flood defence cuts
The Department for Environment, Food and Rural Affairs (Defra) has seen its budget cut from £2.9bn this financial year to £2.2bn in 2014-15. The settlement provides for £2bn to be spent on flood and coastal defences over the Spending Review period,…
FSA revokes regulatory permission for underwriting agency
The Financial Services Authority (FSA) issued a final notice dated 19 October, 2010, to Essex-based Ferryman Underwriting Agency, about a decision to cancel the permission granted to carry on regulated activities.
Spending Review 2010: Coalition is "gambling" that private sector will step up to the plate
The UK will return to recession if the private sector does not step forward, Travelex Global Business Payments has warned.
Spending Review 2010: Osborne sets out "unavoidable" choices
Chancellor George Osborne is in parliament now setting out his Spending Review which includes £7bn of savings from welfare
Hastings appoints former Kwik Fit ecomms and marketing chief
Broker Hastings Direct has appointed Michael Lynch as its new head of marketing services.