News
Gallagher wins injunction to protect confidential information
Broker granted measure in proceedings brought against Portsoken Ltd and other defendants.
Net loss of $1.8bn for AIG
Losses grow for AIG in Q4 2015 as full year income drops to $2.2bn from $7.5bn in 2014.
Bluefin takes ex CEO Mike Bruce and GRP to court
Broker confirms two existing members of Bluefin staff have been suspended from the company.
Sharma does not expect further UK job losses
Zurich UK to focus on 440 job cuts already announced but UKGI CEO admits he does not have a “crystal ball”.
Zurich UK reports £62m loss
Insurer says loss is due to storm and flood losses.
Zurich operating profit down 37%
New boss Greco to start early as up to 8,000 roles threatened.
Biba announces new PI facility for members
The facility is underwritten and managed by Manchester Underwriting Management in association with MGB Insurance Brokers.
Markel COR improves to 89% for 2015
Profit for the year increases to $582.8m.
Judge to decide on injunction today in Gallagher v Portsoken
The third day of the hearing to take place at the Royal Courts of Justice.
Brexit will not create “regulatory nirvana”
Lloyd’s chief risk officer, Sean McGovern warns that leaving the EU could create “instability” and says an exit will not smooth regulation for insurance sector.
Insurance ‘ghost broker’ sentenced
Court dishes out six months jail term suspended for one year.
Profits slip at Willis GB in 2015
Final quarter figures show improvement as group profits rise for full year.
Origin UW to launch motor fleet
Motor trade was also recently added to its portfolio of products.
Gallagher and Portsoken court case continues with more defendants
Case now involves six defendants.
Aon seeks ARs to expand SME broker distribution channel for affinity
Broker is inviting entrepreneurs to partner with the firm as appointed representatives.
Up to 15 jobs “at risk” as RSA closes Bristol site
Office to be replaced by “commercial trading site” and follows closure of Birmingham office. RSA insists brokers won’t be affected.
Ex-Towergate leader Clive Nathan pops up at Primary
Former Towergate Underwriting chief to lead UK and Europe specialty portfolios.
Brightside partners with Markerstudy on pet insurance
Broker and insurer team up for six month pilot project.
Allianz Commercial unveils proposition for print and publishing
Media proposition will provide cover and services for premiums between £5,000 and £100,000.
QBE adds three products to SME e-trade offering
Move boosts range to seven lines.
Sompo Canopius makes changes to executive team
Insurer says it is changing its structure to focus on profitability.
PIB confirms Fish Insurance buy
First acquisition for Brendan McManus-led business.
UK General leader Karen Beales targeting £500m GWP within three years
Personal lines boss hails broker reaction to Great Lakes capacity deal.
Fisher focuses on the future at CII
New CII chief says MGAs are on the rise and calls for more brokers to gain chartered status..