News
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall in front of 1800 fellow industry professionals.
Coates out at Bluefin
Bluefin has announced that Graham Coates, chief trading officer, has resigned and is leaving the company with immediate effect.
Zurich cuts 240 roles on return to direct market
Zurich has announced that it is planning to return to the direct insurance market in the UK later this year in a strategic partnership with its subsidiary Endsleigh.
Brown joins RSA board
RSA has appointed Adrian Brown to its board as an executive director.
Brokerbility's two new members raise GWP to over £450m
Brokerbility has added two new members in the form of Saffron Insurance and Morrison Insurance Solutions.
Paymentshield's chairman leaves to take up CE role
Stuart Pender has resigned as chairman of Paymentshield to take up the role of chief executive of Lomond Capital.
MGA issues 30 day notice on its waste business
Montpelier-owned Paladin Underwriting Agency has issued a 30 days notice of cancellation to brokers on all existing waste and recycling policies, Insurance Age has learnt.
Aviva fills commercial director post
Aviva’s UK chief risk officer has been lined up to take over the vacant commercial director role in November.
Jelf appoints manager for South West from Towergate
Jelf Insurance has appointed Lee Davey as regional managing director of the South West as it aims to drive growth in the region.
Rural targets 5% market share with two new schemes
Rural Insurance has launched delegated authority schemes for two Northern Ireland brokers, including Autoline Insurance Group.
Two insurance brokers banned by FSA
The Financial Services Authority (FSA) has banned two insurance brokers, Andrew Porter and Alexander Brincat, from working in the financial services industry and withdrawn the permissions of Mr Brincat’s insurance firm Wise Owl Services.
Open GI launches address product to all brokers
Open GI has launched Address Look-Up which it claimed lets brokers benefit from accurate ratings from insurers by accessing up-to-date data direct from the Royal Mail to populate addresses from a client postcode.
Midlands broker unveils 20% year on year growth plans
Commercial insurance brokers Johnston Park McAndrew has moved into larger offices as part of its growth strategy.
Survey finds falling profitability for brokers
The latest Confederation of British Industry/PwC quarterly survey on financial services has revealed that general insurance brokers expect their volume of business and income to fall in the next three months.
National insurance fraud register launched
The Association of British Insurers (ABI) has provided further detail on the national insurance fraud register to be fully operational by early 2012.
Manchester broker sets up in the City
Bridge Insurance Brokers has announced the launch of a London office.
Fraud register gets go-ahead from ABI
The Association of British Insurers (ABI) has approved the Insurance Fraud Register and agreed to an industry-funded police unit dedicated to tackling organised crime.
Muir buys out key shareholder of 1 Answer Network
1 Answer Network managing director Paul Muir has increased his stake in the company with a buy out of the 38.57% holding of Optimas Insurance Group, an investor in the network since launch in 2006.
Homecall Plus rescued from liquidation
After being placed into compulsory liquidation in May this year, Homecall Plus has been bought by a 21 year old female entrepreneur from Wigan.
UIB appoints former Travelers man for top role
United Insurance Brokers has appointed Tony Dilley as international operations director and he will assume responsibility for the running of all UIB’s international offices.
Travelers creates two further senior underwriting roles
Travelers Insurance Company has appointed two new chief underwriting officers (CUO)to its UK business.
Heath Lambert name falls by the wayside
Heath Lambert is to start trading as Gallagher Heath following its acquisition by Arthur J. Gallagher & Co in May.
New Manchester manager for Dual
Dual Corporate Risks has promoted Martin Joyce to manage the company’s national business unit in Manchester.
Moody's: Axa's referral fee stance could benefit the sector
Axa’s recent decision to no longer accept personal injury referral fees could benefit the sector as a whole according to credit ratings firm Moody’s.