News
Ombudsman confirms new card protection insurance complaints category
The Financial Ombudsman Service (FOS) has confirmed that it has created a new category for complaints about card protection insurance due to the volume of complaints it is now receiving.
CPP insurance mis-selling cost could hit £1.3bn, says FCA
The Financial Conduct Authority (FCA) has reached an agreement with Card Protection Plan (CPP) and 13 high street banks and credit card issuers on the process for repaying customers who were mis-sold CPP’s Card Protection and Identity Protection policies.
Lobb first up as MD at US Risk UK
US Risk (UK), the parent company of Oxford Insurance Brokers and James Hampden International Insurance Brokers, has appointed Mike Lobb as its first managing director.
Aon opens new Cambridge office
Aon Risk Solutions has confirmed it is opening a new office in Cambridge as well as expanding the existing St Albans and Chelmsford offices.
A-Plan’s Theron moves to Coast
Coast has appointed Keeley Theron as a sales executive in a newly-created role focused on enhancing broker relationships.
Former Axa man Hector completes Cooter's Covea overhaul
Former Axa commercial lines distribution director Keith Hector has joined Covea Insurance, Insurance Age can reveal.
Carole Nash bullish despite 16% pre-tax tax profits fall
Motorcycle broker Carole Nash saw its pre-tax profits dip 16% to £5.1m for 2012, down on the £5.9m posted for 2011.
Ecclesiastical's group profits treble as UK performance improves
Ecclesiastical saw its group pre-tax profits treble to £24.4m for the first half of 2013, up on the £8m posted for the same period last year.
Ex-Aviva PI team members launch new MGA
Members of the former Aviva SME professional indemnity (PI) team have launched managing general agency (MGA) Pinpoint Underwriting.
Ascent aims to bridge cyber gap with general liability launch
Ascent Underwriting has unveiled general liability coverage in a bid to boost protection for small and mid-market businesses.
Event Insurance Services launches Christmas party policy
It may seem a long way off but Event Insurance Services has claimed a market exclusive with the launch of the first policy to specifically cater for Christmas parties.
Dual appoints Crowe to D&O role
Dual has appointed Damian Crowe to its financial institutions (FI) division in London as a senior underwriter.
CII unveils new equality strategy
The board of the Chartered Insurance Institute (CII) has approved a new equality strategy.
QBE's European COR falls "behind plan" to 95.7%
QBE saw its combined operating ratio (COR) for its European operations fall "behind plan" to 95.7% for the first half of 2013, a slight deterioration on the 95% posted for the same period last year.
JLT Specialty completes double Nottingham appointment
JLT Specialty Limited has appointed Pardeep Bains and Louise Bilbie to its client service team in Nottingham.
Commercial Express launches property owners’ schemes
Commercial Express has launched a selection of new residential property owner’s products as well as changes to CX Let.
Smith Greenfield is in the Pink
Smith Greenfield has joined the general insurance panel of mortgage and insurance network, Pink.
LSE study warns that Flood Re is "unsustainable"
The Flood Re agreement struck between the government and insurers is at risk of being "unsustainable", a study has warned.
Former Brit supremo Douetil unveiled as BMS group CEO
BMS Associates has unveiled former Brit head Dane Douetil as its new group chief executive officer (CEO).
Markel launches cyber risk offering
Markel International has launched a privacy, data-breach and electronic risks (PDE) offering for professional services firms in the UK.
SSP appoints Swinton's Cassidy as e-trading director
SSP has appointed Paul Cassidy as director of its e-trading division.
Brokers round on Aviva for "swingeing" approach to fleet
Aviva has been criticised by brokers for assuming a "broad-brush approach" to its commercial fleet business and cutting profitable lines.
Profits up at Amlin UK
Amlin UK has reported a profit on operating activities of £7.6m for the first half of 2013, up from £5m in the same period of 2012.
Goldhawk departs HCC
HCC senior underwriter Robert Goldhawk has left the insurer, Insurance Age can reveal.