News
UKGI exposes liability claims fears
Brokers’ most pressing concern is the fear of being exposed to liability claims for the delivery of inaccurate risk data following the implementation of the Consumer Insurance Act, according to a survey by UKGI.
Professionalism: The LinkedIn debate
As the insurer challenge section of Insurance Age’s year-long Professional campaign draws to an end, readers have been sharing their thoughts on LinkedIn.
Paul Beck returns to Oamps
Oamps (UK) Group has appointed Paul Beck as director of innovation and product development.
Motor and home premiums record Q1 fall
Car and home insurance premiums fell in the first quarter of 2013, according to the latest AA British insurance premium index.
Collinson buys Aria Assistance
The Collinson Group is to buy Aria Assistance as it looks to expand its portfolio of complementary businesses with the general insurance and financial services market.
Towergate looks north with twin appointment
Towergate Insurance has completed two senior moves on the back of its recently announced UK regional restructure.
Admiral CEO reveals UK challenge as revenue drops
Admiral Group CEO Henry Engelhardt has admitted it is "not the right time" to grow its UK market share as the insurer's UK car insurance turnover dropped 9%.
Compass strikes three-year £20m deal with Ageas
Compass Broker Services has struck a three-year "strategic agreement" with Ageas UK Insurance worth an expected £20m covering both personal and commercial lines.
Momentum cuts its losses in 2012 as turnover doubles
Momentum Solutions has reported a loss of £129,470 for 2012, down from a £289,993 loss posted last year.
Equity makes "critical first step" towards profitability with twin promotion
Equity Insurance Group has unveiled two high-level promotions with Tim Yorke assuming the newly-created role of chief operating officer and Peter Smith named as claims director.
Brokers urged to swot up on Consumer Insurance Act
Brokers have been urged to stay on top of the new Consumer Insurance Act to avoid an insurer backlash.
Janice Deakin on four-month gardening leave
Insurance Age can reveal that Aviva’s Janice Deakin has been placed on gardening leave, effective from 16 April.
Zurich goes to Catlin for new CFO
Zurich has appointed Neil Freshwater as chief financial officer (CFO) for its general insurance and shared services business in the UK, effective from 1 May 2013.
Brokerbility in claims strategy partnership with two law firms
Brokerbility has partnered with law firms Berrymans Lace Mawer (BLM) and DAC Beachcroft to provide its members with an enhanced claims strategy.
Junction adds new partnerships chief
Junction has appointed Sharon Stephen as corporate partnerships director.
Romero and Eastwood & Partners' High Court case begins
The case involving Romero Insurance Brokers and Eastwood & Partners has begun today in the High Court in London.
Moody’s downgrades Towergate as Fitch opts for stable outlook
Moody's Investors Service has downgraded the ratings of Towergate citing the “continued significant levels of financial indebtedness”.
Thomas Carroll appoints ex-Cardiff City player
Thomas Carroll Group has appointed Geza Hajgato as account executive in its commercial insurance division.
NFU Mutual recruits former Axa boss
NFU Mutual has recruited former Axa boss Nick Turner as sales and agency director to replace Ian Leech.
Barnett & Barnett in name change following MBO
Barnett & Barnett has changed name following its management buyout (MBO) from IAG.
No need to restructure Towergate network division, says Hodges
Towergate has posted a “strong set of results in the round” according to group CEO Mark Hodges.
Clear Insurance buys Steveni Kessler book
Clear Insurance has bought the general insurance business of Edmonton-based Steveni Kessler for an undisclosed sum.
Towergate reports loss of £6m for 2012
Towergate has posted a £6.1m group pre-tax loss for 2012.
Hiscox restructures London Market operations
Hiscox has announced changes to its Hiscox London Market business and Syndicate 33 including the separation of insurance reinsurance product lines.