News
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.
Knowlden Titlow joins Brokerbility
Knowlden Titlow Insurance Brokers (KTIB) has joined Brokerbility, taking the group's membership total of independent brokers to 35.
Coversure opens fourth Essex franchise
Coversure Insurance Services has opened a new branch in Brentwood following the appointment of Dawn McNamara and Neal Brezina who have joined from South Essex Insurance Brokers.
1 Answer partners with THB for PI
1 Answer has partnered with THB Group to roll out professional indemnity (PI) insurance to all of its members and their clients.
Xbroker moves for former QBE and Brit man Stones
Commercial underwriting specialist Xbroker has named former QBE and Brit man Matthew Stones as senior fleet underwriter.
Broker Network and Countrywide in three-year deal with Allianz
Towergate’s network division has launched a three-year partnership with Allianz Insurance.
UK General head named on MGAA director board
UK General chief executive Peter Hubbard has been named on the board of directors of The Managing General Agents' Association (MGAA).
JLT Specialty voices concerns on unrated markets
JLT Specialty has raised concerns about solicitors placing professional indemnity (PI) insurance in unrated markets.
Quotall adds JM Glendinning's Houghton to board
E-trading broker platform Quotall has appointed Nick Houghton to its board as non-executive director.