News
Paul Baker Insurance Services buys RK Shipman
Acquisition creates a larger dedicated park home insurance team.
Allianz to pay claims in full for underinsured SMEs
Insurer says move designed to help customers and protect their relationship with brokers.
Covéa launches HNW motor product
Policy extends Sterling Executive product line.
CII launches website to attract women to insurance
Website aimed specifically at women returning to work after a career break.
Quizzical questions: 22 January 2016
Test your knowledge of the week’s news with our topical news quiz.
Axa launches Retailers SME product on Open GI
Insurer plans to further enhance its e-trading strategy.
IFED confirms Oliver Little as new lead
Police unit has seized more than £1.3m from insurance fraudsters since 2012.
Broking Break: The regulation game
Steve Blott, chief risk officer at UK General Insurance, covers off the top regulation issues brokers need to consider in 2016.
IFED lead departs
DCI Angie Rogers has been in post for less than 12 months.
Lark Group awarded chartered status by CII
Managing director Stephen Lark says firm will continue to invest in training and development.
Covéa awarded chartered status for commercial and HNW business
Insurer says award demonstrates commitment to professionalism.
Home premiums up for the first time since 2011
AA Index states IPT hike led to small rate increases in the last quarter of 2015.
Motor premiums leap £59 due to IPT
AA Index reveals 10% leap over fourth quarter of 2015 and fraud also costs £50 per policy.
Zurich predicts £194m storm losses
Insurer predicts losses in general insurance following UK storms and estimates $100m GI operating loss.
PIB opens new offices while negotiating acquisitions
CEO Brendan McManus says it will be a top 20 broker in five years time.
Moorhouse plans £2m expansion in Wales
Broker targets nearly 90 new jobs and has secured £550,000 from the Welsh government.
MGA targets farm business growth with new capacity
Imperium Insurance Management teams up with QIC Europe.
Biba calls on FSCS to change its model
CEO Steve White disappointed in possible £19m levy rise.
Brokers face £19m FSCS levy hit for 2016/17
Fee projected to increase from zero in 2015/16 with overall funding levy rising to £363m.
Biba launches 2016 manifesto
Manifesto focuses on accessing insurance, cyber risks, claims, motor, flood, Europe and fair regulation.
Broker FSCS management fees to increase
Sector expected to pay £9.5m towards management expenses in 2016/17, up from £6.6m for 2015/16.
Brokers ‘in the dark’ regarding Insurance Act, says law firm
Research finds that more guidance is needed ahead of August 2016 implementation.
Be Wiser sets 350 new jobs target
Recruitment would take the broker to over 1,000 staff.
Biba and the government welcome fraud recommendations
Insurance Fraud Taskforce has made suggestions on how to tackle fraud in the insurance sector.