News
Insurance infographic: Under insurance in the major loss sector
In this infographic, Zurich Insurance explores the problem of underinsurance.
Arthur J Gallagher confirms £233m cash purchase of Giles
Arthur J Gallagher (AJG) has confirmed a cash deal worth £233m for Giles funded through free cash and borrowings on its line of credit.
Abbey Protection enjoys 6% post-tax profit rise
Abbey Protection has seen its post-tax profits edge up 6% to £4.2m for the first half of the year, up on the £3.9m recorded for the same period last year.
QBE reveals revamp to meet broker needs
QBE has unveiled plans to split its European division into two segments, retail and international markets.
Nexus completes Torus Executive Risks acquisition with rebrand
Nexus Underwriting Management has taken sole ownership of Torus Executive Risks and re-named it as Nexus Executive Risks (NER).
MPs hand Soca Monday deadline to publish rogue investigator list
MPs have given the Serious Organised Crime Agency (Soca) a deadline of Monday 9 September to publish the list of insurance companies and law firms who hired rogue private investigators.
Rise in PPI complaints takes FoS to new record
The Financial Ombudsman Service (FoS) has revealed that complaints between 1 January and 30 June 2013 reached a record high of 327,035, a 15% increase on the previous six months.
IIG launches contractors scheme
Incorporated Insurance Group (IIG) has launched a new contractors’ all-risks scheme, stating it made the move in response to broker demand.
Biba hits back at "ill-informed" and "self promoting" Law Society
The British Insurance Brokers’ Association (Biba) has slammed comments made about the solicitors’ professional indemnity (PI) broker market.
Ashgrove Insurance buys Manchester-based Lloyd Howard Insurance Services
Ashgrove Insurance has expanded with the purchase of a Manchester-based insurance broker.
Scottish broker rebrands as GS Group in bid for growth
Perth-based broker GS Insurance and Financial Services has rebranded as part of a growth plan.
Oamps adds to UK haulage product suite
Oamps has launched a fleet product designed for the UK haulage market.
AIG faces disruption after minor fire closes Fenchurch Street office
AIG’s office at 58 Fenchurch Street has been closed due to a small fire.
BGL Group adds former Logica chief Keating to main board
BGL Group has appointed Seamus Keating as non-executive director.
Jelf adds five to Insurance Partnership team
Jelf Insurance Partnership is expanding with five new appointments and the launch of a new service.
Direct Group hires Maude to aid claims service
Direct Group has hired Simon Maude to work across its claims management and validation business units.
Law Society hits out at brokers with new solicitors' PI offering
A new professional indemnity (PI) insurance solution has been launched for small solicitor firms.
Professionalism in focus – the broker view
The first episode in our three-video package sees Peter Blanc, chief executive at Oval share his thoughts on professionalism in the broking industry.
Axa makes final offer to settle Autofocus claims with Accident Exchange
Axa has made a full and final settlement offer in an attempt to end its involvement in the long-running Autofocus litigation.
QBE promotes David Harries to Syndicate 386 underwriting role
QBE has appointed David Harries as active underwriter of Syndicate 386.
Goldman Sachs in talks over major bid for Hastings
An arm of Goldman Sachs is in advanced talks concerning a potential bid for a major stake in Hastings Insurance, according to reports.
Aviva's Dominic Clayden appointed as claims chief at QBE
QBE has appointed Dominic Clayden as claims director.
Co-op's GI arm posts improved profit as GWP tumbles by £40m
The Co-operative Group’s general insurance arm made an operating profit before tax of £28.8m in the first half of 2013.
Profits break £10m mark at Confused.com
Admiral, owner of Confused.com, has reported that the price comparison site posted a profit of £10.2m for the first half of 2013, up on the £8.4m recorded for the same period last year.