News
Investment returns save Ecclesiastical as COR worsens
Ecclesiastical has reported a UK underwriting loss of £12.3m for 2012, mainly due to liability business, along with a group underwriting loss of £24.6m down further on the £18.7m loss reported in 2011.
Biba slams latest FSCS interim levy
The British Insurance Brokers' Association (Biba) head of compliance and CEO-in-waiting Steve White has hit out at the latest compensation scheme interim levy.
Towergate reveals national broking restructure
Towergate has moved from a six to a five-region structure, Insurance Age can reveal, as another regional managing director is set to depart.
Towergate closes broking operation in Birmingham
Towergate has closed part of its Birmingham branch and made managing director Brian Kerry redundant, Insurance Age can reveal.
Chairmen named for incoming FCA practitioner panels
Three new chairmen have been appointed to the Financial Conduct Authority’s (FCA) independent panels.
Swiftcover awarded £17,000 in crash for cash case
Swiftcover has been awarded £3,000 in exemplary damages following the criminal convictions of seven fraudsters.
Plum seeks broker growth with Madders hire
Plum Underwriting has appointed Niall Madders as senior technical underwriter.
RSA broker chief Paul Donaldson to retire in 2014
RSA has confirmed that Paul Donaldson, group broker relationship and sales director, will retire in early 2014.
Premium Credit boss voices support for FSA premium finance probe
Premium Credit has backed the regulator's review into brokers' premium finance deals, insisting that there should "always be full transparency" for any financial product.
Axa and Prestige in £150m capacity deal
Axa Commercial Lines and Personal Intermediary has signed a five-year capacity deal worth £150m with Prestige Underwriting Services.
Lark Group sees improved results following Groupama MBO
Lark Group has reported an EBITDA of £5.6m for 2012, up 12% from the £5m reported in 2011.
Brokers' FSCS interim levy confirmed as £16m
Brokers will be hit with an interim Financial Services Compensation Scheme (FSCS) levy of £16m - down from the £20m previously predicted, Insurance Age can reveal.
Pearce retires from TEn
David Pearce has retired from his role as non-executive chairman of TEn Insurance.
New Biba CEO White vows to show "courage"
The British Insurance Brokers' Association's (Biba) new chief executive Steve White has pledged to address broker concerns and represent members with "courage".
Networks issue rallying cry despite Aviva and Willis split
Broker networks have insisted they still have a crucial role in the market place despite Aviva's decision to withdraw from the Willis Network.
White urged to make Biba fight harder for brokers
The appointment of Steve White as the new CEO of the British Insurance Brokers’ Association (Biba) has been welcomed by brokers but he has been warned of needing to rise to the challenges the trade body’s membership faces.
Willis Network bullish despite Aviva withdrawal
Willis Network has shrugged off its split with Aviva, insisting that it chose not to strike a deal with Aviva to extend its relationship beyond December 2013.
Steve White appointed new chief executive of Biba
The British Insurance Brokers’ Association (Biba) has appointed Steve White, currently head of compliance and training at the trade body, to the post of chief executive.
Transport committee in whiplash investigation
The Transport Committee has called for evidence on reducing the number and costs of whiplash claims.
Aviva splits with Willis Networks
Aviva will not be renewing its participation as an insurer panel member for Willis Networks as of 31 December 2013.
Vet slapped with suspended jail term for £10,000 insurance con
A veterinary surgeon has been hit with a suspended jail term for conning an insurer out of almost £10,000.
Broker Apprentice Episode Seven: The interview
It’s the final task of the series as the five broker apprentice contestants take on Chris Hanks in a one-to-one interview.
Man City's Tevez faces court after driving without insurance
Manchester City forward Carlos Tevez has been charged with driving without insurance while also disqualified and will appear in court next month.
Henderson teams up with Acturis
Henderson Insurance Brokers (HIBL) has gone live on the Acturis system, the largest independent broker to opt for the technology provider’s system in the last two years.