News
Cinven buys Premium Credit for £462m
Andrew Doman stays as chief executive following private equity deal.
Bishop Skinner Marine hires new managing director
Paul Birch brings experience from Amlin and Devitt to the Bluefin subsidiary.
Covéa launches real estate product
Product is aimed at commercial property owners for blocks of flats or light industrial premises.
Abbey Legal launches care product
Abbey Legal creates product for UK care sector.
ERS appoints Rees as head of underwriting fraud
Her responsibilities will include developing the insurer's fraud strategy.
N&G aims to become marine insurer of choice for brokers
Insurer will relaunch some products in 2015 and target organic growth.
Phillip Walter leaves CEO role at Avantia Insurance
New CEO expected to be confirmed before the end of the week.
AIG appoints Somers in regional push
Insurer says plan is to deliver more to brokers in the north of England, Scotland and Northern Ireland.
Damian Keeling joins Principal Insurance as chairman
Keeling has extensive experience including working as managing director of Carole Nash.
UK car insurance cheaper in 2014
Confused.com's new Index reports that prices fell by 7.9% over the year, despite a 2% increase in the fourth quarter.
Markham moves from Henderson to Bluefin
New sales director also previously worked at Towergate.
Rural appoints Cooper from Gallagher as operations chief
New recruit brings 15 years of experience to the role.
Insurance salaries lagging behind other sectors
Only 6% of employees in the insurance sector received pay rises in 2014.
Lorica reports £2.56m loss
Broker predicts profits by March 2016.
FCA insurance fines down 28.5% to £31.96m in 2014
Broker-specific fines fall from £9.76m in 2013 to £1.3m last year.
XL's takeover of Catlin confirmed
The businesses have agreed to a deal worth £2.79bn.
Transactor creates MGA unit
Software specialist says move designed to meet “unprecedented surge in demand”.
Ex-Gallagher team launch Modus MGA
Former e-Underwriting staff launch business specialising in household, landlord and commercial products.
Lorica takes one from Towergate
Additional recruits join from Anderson Ashcroft, WTJ Insurance Brokers, Hamilton Leigh and Berkeley Insurance Group.
Autoline appoints Winlow as advisory board chair
Mark Winlow brings experience at Zurich, Ageas, RFIB and KMPG to the position.
Lorica’s Reading branch boss moves to Dual
Cadle was appointed when the broker opened the office in December 2012.
Brown joins Thames Underwriting from Gallagher
New recruit brings more than 10 years' experience to the role.
MCL Insurance reveals 100% sales growth
Northern Ireland-based firm reveals 100% in sales thanks to the Its4Women brand.
The CMA publishes draft order after motor market report
The draft order includes compliance requirements for insurers and aggregators.