News
Broker optimism rising at fastest rate for a year
In the three months to June optimism amongst insurance brokers rose at its fastest rate in a year, according to a new survey.
Insurance insolvencies doubled in May
Insurance failures doubled during May 2013, compared to the same month a year ago, a report has found.
McChesney steps into Zurich role from Allianz
Zurich has confirmed the appointment of Gareth McChesney as director of personal lines underwriting and pricing for its UK general insurance business.
FCA's £150,000 fine and ban for "reckless" broker upheld
The Financial Conduct Authority's (FCA) ban and £150,000 fine for "reckless" insurance broker director Andrew Jeffery has been upheld.
Henderson promotes four in Leeds
Henderson Insurance Brokers has promoted two members of staff as directors and made two further associate director promotions.
Biba begins member consultation after strategic review
The British Insurance Brokers' Association (Biba) has confirmed that a member consultation has now been launched following the strategic review.
Invicta buys Stackhouse Poland book
Invicta Insurance Services has confirmed the purchase of a portfolio of selected personal lines policies from Stackhouse Poland.
SSP boosts training team with twin appointment
SSP has boosted its training and development team with a double appointment in a bid to improve brokers' sales and efficiency.
Insurers welcome end to Statement of Principles uncertainty
Outgoing Allianz UK CEO Andrew Torrance has described the Flood Re deal to replace the Statement of Principles (SoP) as "a step in the right direction".
FCA review reveals poor practice in mobile phone insurance
The Financial Conduct Authority (FCA) has listed poor product design, unclear terms, and inadequate claims and complaints handling among the findings of its review into mobile phone insurance.
Deal finally struck to replace Statement of Principles
An agreement has finally been struck between the government and insurers to replace the Statement of Principles (SoP) and "guarantee" affordable flood insurance for homes.
Client view: quality and speed of response needed
Chartered status is not as important as a professional attitude when it comes to choosing an insurance broker, according to Kathryn Aves, office manager at Bluepoint Technologies.
Open GI promotes former RSA man Pellowe
Open GI has promoted Neil Pellowe to insurer relations executive.
Giles creates 117 jobs in Wales with £7.3m investment
Giles Insurance Brokers has created 117 new jobs in Wales with the help of a £1.3m grant from the Welsh Assembly.
UK General and Policy Shop partner in £1m motor scheme deal
UK General has launched a non-standard motor scheme in conjunction with Coventry-based broker Policy Shop.
Sunderland broker launches online travel insurance platform for brokers
Newton Lee Insurance has launched a specialist travel insurance comparison site for the broker market.
Biba and Kingsbridge pair up to launch PI scheme for freelancers
The British Insurance Brokers’ Association (Biba) has launched a professional indemnity scheme for freelance professionals in conjunction with Kingsbridge Professional Solutions.
Aqua launches new HNW home wording after broker feedback
Aqua Underwriting has reacted to broker feedback with the launch of a new HNW home wording.
Keelan Westall appoints Towergate's Hyndman as regional BDM
Keelan Westall has appointed Becky Hyndman as business development manager for the North East.
RSA confirms London Market cargo promotion
RSA has promoted David Godsoe to lead its London Market cargo business.
Lloyd's A+ rating upheld by Fitch as outlook is upgraded to positive
Lloyd's of London's financial strength rating has been upheld as A+ while its outlook has been upgraded to positive from stable, by agency Fitch Ratings.
Direct Line poised to cut 2,000 jobs despite surpassing cost-saving target
Direct Line Group is poised to cut a further 2,000 jobs as part of the next stage of its restructuring bid despite exceeding its cost-saving target.
Bollington targets niche motor trade growth with new recruit
Bollington Insurance Brokers has appointed Anita Jones as commercial account manager.
Bluefin and Wentworth Alexander settle legal dispute
Bluefin has confirmed that a settlement has been reached in its legal wrangle with competitor Wentworth Alexander.