News
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.
Professionalism: insurers need to regain public trust
It is insurers, not brokers, who should be striving to become more professional to regain the public’s trust, according to an online discussion.
Bluefin strikes software deal with CDL for Leeds office
Bluefin has appointed CDL to provide a new personal lines platform for its Leeds office.
UK General in Chinese restaurant schemes tie-up
UK General has signed a schemes agreement with Sunderland-based broker Newton Lee to cover the Chinese restaurant and takeaway sector.
Willis deputy Sullivan set to leave
Willis has confirmed that Martin Sullivan, the group’s deputy chairman, will leave in May 2013 “to pursue other interests”.
BGL takes Rayner from RSA
The BGL Group has appointed Alison Rayner from RSA to the new role of associate director, compliance.
Major losses put Zurich's commercial COR at 'wrong side of 100%'
Zurich’s Steve Lewis has attributed poor commercial results in 2012 to a volatile market, with major losses occurring in the second half of the year.
Capita promotes five to technical management team
Capita Insurance Services has appointed five technical managers.
Broker Apprentice: Meet the final five - Oliver Leyens
Ahead of the competition we asked all candidates to describe themselves in print.
Broker Apprentice: Meet the final five - Holly Markham
Ahead of the competition we asked all candidates to describe themselves in print.