News
Zurich's UK profits and GWP dip as COR passes 100%
Zurich’s UK general insurance (GI) business has reported a 46% reduction in business operating profit (BOP) for 2012, down to £85.3m.
Aviva fronts up to "middle man" in motor claim report
Proposals to remove the "middle man" from motor claims and slash premiums by some £60 could be introduced within a year.
Groupama's Matras to leave Ageas as new management confirmed
Ageas has confirmed several new management roles, with Groupama’s Laurent Matras set to leave the business in March 2013.
XL to open office in Manchester
XL Group has announced plans to open an office in Manchester to grow its business with middle market clients and brokers.
Gallagher Heath retail head will return to US
Gallagher Heath head of retail Patrick Gallagher will reportedly return to the US next month to assume a new retail role.
FSA branded stationery spend increased in year of regulator change
The Financial Services Authority (FSA) spent more on branded stationery for the 2012/2013 period than in either of the two preceding years.
AIG aims to "future-proof" company heads with D&O launch
AIG has launched a Directors and Officers (D&O) product designed to "future-proof" company heads in an era of "increased political, regulatory and criminal scrutiny".
Giles appoints ex-Reich director Andrew Perry
Giles Insurance Brokers has appointed Andrew Perry as branch director in Leeds.
Broker Apprentice: on screens tomorrow
Insurance Age’s Broker Apprentice series, following the fortunes of five young brokers battling it out to win the illustrious title, is launching tomorrow.
Willis loses $805m in final quarter 2012
Willis Group has reported a net loss of $805m [£514.4m] for the final three months of 2012 compared with a profit of $25m in the same period of 2011.
Insurer view: Chartered status helps us "stand out"
Sterling Insurance believes chartered status has proved that small companies can stand out from the crowd.
Bollington completes MBO
Bollington Group chief executive Paul Moors has headed a management buyout (MBO) of the broker.
Video: What The Papers Say latest edition
In the February edition, marketing and communications specialist Jamie Marchant explores whether insurers really have become stricter at paying claims.
Bluefin loses London sales team
Bluefin has confirmed that its London sales team has been made redundant, Insurance Age can reveal.
Keelan Westall adds New India to e-trading platform
Keelan Westall has added New India to its online residential e-trading offering Dynamic, increasing the platform's insurers to five.
Markerstudy buys 9.3% of Brightside shares
Markerstudy has acquired 42.7m shares in Brightside, representing 9.3% of the company’s total issued share capital.
Biba extends NMU cargo scheme
The British Insurance Brokers' Association (Biba) has put pen to paper and extended its members' cargo scheme for another three years with Northern Marine Underwriters (NMU).
Broker Apprentice: 48 hours till launch
Insurance Age’s Broker Apprentice series is set to hit the screens in just two days’ time with five young brokers battling to be crowned the champion.
Lexis Nexis targets 70% of the market with no claims database
Lexis Nexis is poised to launch a No Claims Discount (NCD) database for brokers and insurers in a bid to replace the current manual process of screening applicants.
Elite Insurance rejoins the ABI after departure over Jackson reforms
Elite Insurance is to rejoin the Association of British Insurers (ABI), after leaving the trade body in June 2011.
RFIB reports improved turnover and Ebitda
RFIB Holdings has announced group turnover of £47.5m for the year ended June 2012, up 9% on the previous year.
Giles’ Compass Broker Services adds five members
Compass Broker Services has confirmed that it added five new broker members in February.
Only three days to go until Broker Apprentice
Insurance Age will be launching the first episode of its new Broker Apprentice programme on Thursday.
Markham Private Clients in regional broker push after AIG deal
Markham Private Clients (MPC) has targeted regional brokers as it looks to grow its high net worth (HNW) book to £7m within five years.