News
Superyacht broking business moves to Oxygen
Oxygen Insurance Brokers (Oxygen), the Lloyd’s broker, has formed a new specialist team in partnership with CRS yachts (CRS yachts), an insurance broking team servicing the superyacht industry.
Groupama Insurances adds to sales proposition
Groupama Insurances has made a range of enhancements to its group and individual personal accident cover to provide brokers and intermediaries with an additional sales proposition.
Scrutton Bland join the Willis Commercial Network
The Willis Commercial Network (WCN) continues to strengthen its position in the UK with the addition of a new member, Scrutton Bland. The WCN is the partnership of Willis Group Holdings (NYSE: WSH), the global insurance broker, with over 75 local,…
VP enters private medical market with acquisition of THIG
Venture Preference (VP) has launched into the private medical insurance market after buying The Health Insurance Group (THIG) in a deal which sees Venture Preference’s gross premium income exceed £500m.
Marsh recruits six in affinity drive
Marsh has made six new appointments to its Consumer and Commercial Affinity business in the UK. Based in London, the new members of the team will focus on developing Marsh’s business in the fast-growing affinity sector in the UK.
Crawford & Company UK relocates in Cardiff
Crawford & Company UK is relocating, within Cardiff, to a new office from 1 November 2007.
SFO - Indie Trial Sentencing Statement
Michael Bright, Philip Condon and Dennis Lomas have all been sentenced to terms of imprisonment.
Gocompare welcomes growing fronting awareness
Price comparison service Gocompare.com has welcomed the Financial Ombudsman Service’s (FOS) recent efforts to raise awareness of the practice known as ‘fronting’.
Serious Fraud Office Indie Trial statement
Michael Bright, Philip Condon and Dennis Lomas have been found guilty of conspiracy to defraud in relation to their running of Independent Insurance, of which they were directors. They are to be sentenced tomorrow morning.
A new website for Provident Insurance
Provident Insurance has launched its new company website, www.providentinsurance.co.uk
Claims deluge: water damage continues to makes waves
28% of residential and commercial property claims are the result of water escape, according to statistics for January to September issued by Lockton’s Real Estate & Construction division. Storms have also proved a problem area, accounting for 23%of…
Somerville to merge Oak and Plum underwriting agencies
Somerville Holdings has announced its intention to merge its Oak Underwriting and Plum underwriting operations early in the New Year, subject to regulatory approval.
Senior Venture Preference appointments announced
Venture Preference (VP), Axa’s broker subsidiary, has announced the first four senior VP positions since the purchase of Stuart Alexander, Layton Blackham and Smart and Cook.
Cobra makes £4.3m broker acquisition
Cobra Holdings has acquired UKI Holdings and its subsidiary, UK & Ireland Insurance Services, a Manchester-based general insurance brokerage specialising in Commercial insurance, in particular for the construction industry. Cobra will pay a total…
iprism and Gocompare combine in SME offering
Iprism has launched its white label service and announced its first client is insurance comparison website, Gocompare.com.
Smart and Cook create bespoke football package
Smart and Cook has joined up with Wigan Athletic to create a bespoke package of insurance services for fans. The deal with Wigan has been signed on a three year arrangement.
Grain price increases leave farmers at risk
Farmers are being warned to check their crops insurance amid fears that recent increases in grain prices may leave them without enough cover.
Oval completes two more acquisitions
Oval has acquired Sheffield-based Hart Owens and Devon-based Griffin Commercial Insurance Brokers.
Brit brings together UK sales force
Brit Insurance has announced the appointment of George Maxwell to the newly-created position of head of sales for its Brit UK division.
PMI Health Group enters Irish market
PMI Health Group is expanding into the Irish market offering cost-effective private medical insurance to businesses with operations in the country.
Scottish broker achieves chartered status
Clark Thomson Insurance Brokers is the first major general insurance broker in Scotland to be awarded corporate Chartered Insurance Broker status by the Chartered Insurance Institute (CII).
Lloyd's launches graduate programme
Lloyd’s has launched its new graduate recruitment programme in order to recruit fresh talent and ideas to the insurance industry.
BGL Group makes Sunday Times top 250
The BGL Group is the one of the biggest mid-market companies in Britain, according to the latest Sunday Times HSBC Top Track 250 league table published this weekend.
AIG Europe in regional expansion
In a move designed to create local presence and strengthen broker contact in the region, AIG Europe (UK) opened the doors of a new branch in Newcastle this month.