News
Broker confidence hits low, claims CBI
The insurance broking sector saw a drop in profitability in the final quarter of 2003, the only financial services sector to do so according to a new report from the Confederation of British Industry.
Cox makes triple acquisition
Cox has announced the acquisitions of Eastwood Insurance Services, Southdale Insurance and BR Insurance.
Harrison Insurance Brokers reprimanded by GISC
At a meeting on 25 November 2003, the Enforcement Committee of the General Insurance Standards Council ("GISC") decided that Harrison had grossed up premium.
Broker Network launches guide to completing the FSA application form
Broker Network has produced a free “Guide to completing the FSA application form”. This detailed guide is essential reading for everyone who has an FSA application form to complete and is available from ww.brokernetwork.co.uk/guide or by calling Keith…
Collins steps down as chairman of JLT Risk Solutions
Global broker Jardine Lloyd Thompson today announced that John Lloyd, a director of Jardine Lloyd Thompson Group plc, will take up the position of chairman of JLT Risk Solutions Limited with immediate effect.
Bennetts given thumbs up from British Motorcyclists Federation
Motorcycle specialist broker Bennetts, has been selected by the British Motorcyclists Federation as its preferred broker, in a three year deal which will be effective from 1 January 2004.
CBG acquires healthcare specialist
AIM-listed CBG (Community Broking Group) has this week completed the acquisition of Wilmslow based MVA Healthcare for an undisclosed sum.
Fusion doubles capacity
SVB subsidiary Fusion Insurance is to double its capacity for 2004.
Budget offshores to South Africa
Broking group Budget plans to open a new contact centre in South Africa. It will be located at Knowledge Park in Century City, Cape Town and is scheduled to open in June 2004.
Lloyd's outlines 2004 capacity
Lloyd's will have the capacity to underwrite £14.9bn of business in 2004. Chief executive officer Nick Prettejohn said the 2004 figure, which maintains the level of capacity in 2003, underlined Lloyd's strong capital base and demonstrated discipline in…
Crawford and Axa secure partnership
Crawford & Company has secured a prominent role within the claims supply chain of Axa over the next two years. Ian Muress, CEO of the United Kingdom division of Crawford stated, “we will contract on the basis of being the sole loss adjuster supplier of…
AXA confirms new loss adjusting panel
Following an intensive review, AXA has announced its futureloss adjusting partners. Cunningham Lindsey, GAB Robins and Crawfords have been selected to form a long-term partnership with AXA. The new arrangements will be implemented in early 2004 and will…
The Folgate Partnership acquires Markfield Group
Folgate has made its 32nd acquisition by taking over the insurance portfolio of Markfield Group, a subsidiary of business and construction services company Carillion.
IIB to offer wholesaler check service in wake of Tribune
The Institute of Insurance Brokers (IIB) is set to publish status reports on schemes and facilities offered by wholesalers in the UK market.
Broker Assistance adds write-off replacement service
Broker Assistance has added a write-off replacement service to its offering. The company said the move extends the claims process to supply of a replacement vehicle following a “write-off” claim.
Woodstock completes Jack Dent deal
Woodstock Insurance Brokers has confirmed the acquisition of the general insurance business of Jack Dent Insurance Associates.
Inskip joins Fyfe board
Hilary Inskip has been made associate director of The Fyfe Group, the niche market specialist, incorporating broker-only Motor Trade Solutions and direct brand, Road Runner Motor Trade.
NU: service will be maintained
Norwich Union's service levels will not drop when its UK call centres are moved to India, according ...
CDL appoints Pearce
CDL has appointed David Pearce, former chief executive of broker People's Choice, as a consultant to...
Appointment at Allianz Cornhill
Michael Payne has joined Allianz Cornhill Legal Protection as business developer, responsible for th...
Employee accident threat
Escalating employers' liability insurance costs mean employee accidents are now the third biggest th...
Appointment at Associated Insurance
Experts Ken Davidson, Tim Dowlen, Richard Elliott and Geoffrey Lloyd have all become principals at A...
Appointment at La Playa
Paula Hawthorne has joined Cambridge-based insurance broker La Playa as account executive, working o...
Layton Blackham shares
The Layton Blackham Group has structured its investment from global insurer Axa. Axa UK now holds a ...