News
CDL to tackle fraud "head-on" with platform expansion
CDL has extended its real-time pricing platform to allow brokers to discover the risk of a customer claiming on a policy or defaulting on premium payments.
Cardif Pinnacle joins UK protection association
Cardif Pinnacle has joined Protect, an association for UK protection markets.
Axa COR breaks 100% in UK & Ireland
Axa UK & Ireland has revealed that its combined operating ratio (COR) for 2012 deteriorated by 0.8% to break the 100% barrier, coming in at 100.2%.
IAG's results dented by UK performance
Insurance Australia Group's (IAG) half-year 2012 results were knocked by the performance of its recently-sold UK business.
RSA to open trading sites in Leicester and Edinburgh
RSA has confirmed it will open two trading sites this year in Edinburgh and Leicester in a move designed to build on its strategy of operating regionally.
Oak Underwriting: Helping brokers grow
In an exclusive video Bob Trott, managing director of Oak Underwriting joins Insurance Age’s editor-in-chief Jonathan Swift, to analyse developments in the high net worth market.
Ageas commercial COR improves to 109.9%
The new chief executive of Ageas UK, Andy Watson, has hailed the provider’s record profits while admitting it would not be looking to grow in commercial lines in 2013.
Hastings boss censured by Lloyd's over detrimental conduct
Neil Utley, chairman of Hastings Direct, has admitted to charges of detrimental conduct during his time at Equity Red Star.
Lexis Nexis launches new no claims database
Lexis Nexis Risk Solutions has launched the No Claims Discount module of its policy history motor database.
RSA endures UK commercial pain as COR worsens
RSA's UK commercial combined operating ratio (COR) deteriorated to 100.4% (2011: 98.7%) as it recorded a total UK commercial underwriting loss of £31m (2011: £2m) for the year ended 2012.
Record insurance profit at Ageas as group COR stays flat
Ageas UK has reported non-life income of £1.74bn for 2012, up from £1.72bn in 2011 as its combined operating ratio remained stable at 99.8% (2011: 99.9%).
Marsh ProBroker membership goes up by three
Marsh ProBroker has added three new members since the beginning of 2013, including one ex-Cobra Network member.
Arag unveils former Das man as BTE boss
Arag has expanded its before-the-event (BTE) sales team with the appointment of former Das man George Bladon as corporate account manager.
Lloyds fined £4.3m for delayed PPI redress payments
Lloyds Banking Group (LBG) has been fined £4.3m for delayed payment protection insurance (PPI) redress payments.
Marsh expands networks division with trio of appointments
Marsh has made three additions to its UK networks operation.
Besso goes to Gibbs Hartley Cooper for new aviation team
Besso Insurance Group has added three ex-Gibbs Hartley Cooper (GHC) employees to its aviation team.
Hiscox responds to broker demand with private client launch
Hiscox responded to customer research and broker demand to launch a wholly-owned tied agency which will work exclusively with the insurer's products.
Covea names former Hiscox boss as schemes manager
Covea Insurance has unveiled former Hiscox boss Bill Guiney as schemes account manager.
Biba hits out at 'token gesture' FSCS proposals
The British Insurance Brokers' Association (Biba) has vented its frustration at the latest Financial Services Compensation Scheme (FSCS) proposals, branding them "a token gesture".
Markerstudy makes double promotion
Markerstudy Group has promoted Steve Stone to head of product.
Willis COO Ghezzi to leave
Willis is to part company with chief operating officer Gioia Ghezzi as part of the broker’s programme of 200 job cuts, sister-title Post has reported.
Midas Underwriting launches performance and classic car products
Midas Underwriting has launched two non-standard personal motor products, available through specialist brokers.
Liberty promotes Findley to regional general manager
Liberty Mutual Insurance (LMI) has promoted Neil Findley to the newly created role of general manager for the regions.
RSA brings Bruce back to market
RSA has appointed Cathie Bruce as distribution manager, sister title Post has revealed.