News
CMCs pocketed £7.4m from PPI claims in 2012
Claims management companies (CMC) made more than £7.4m from UK consumers claiming compensation for mis-sold payment protection insurance (PPI) in 2012.
Ex-Brit distribution chief to lead Gallagher's e-trading division
Arthur J Gallagher International has appointed Vivek Banga as director of e-trading.
Biba launches manifesto for 'year of change'
The British Insurance Brokers’ Association (Biba) has launched its 2013 manifesto entitled Meeting the Growth Challenge.
Premium Credit aims for 'aggressive growth' with new recruit
Premium Credit has appointed David Pipe as head of sales and marketing.
Tempo gains chartered status
Tempo Underwriting has been awarded corporate chartered insurer status by the Chartered Insurance Institute (CII).
Markel reports significantly improved COR
Markel International has reported a combined operating ratio (COR) of 88% for 2012, a dramatic improvement on the 116% achieved in 2011.
Aviva launches mid-market offering
Aviva has unveiled ‘Aviva Premier’ in a move designed to grow its share of the mid-market sector and provide brokers with a range of tools to help them win and retain more business.
Hanks confirms Allianz retirement date
Chris Hanks, general manager at Allianz Commercial has confirmed his retirement date from the provider as the end of June this year.
Tesco takes McCauley from Zurich as underwriting chief
Darren McCauley has been appointed as the new chief underwriting officer at Tesco Underwriting.
Johnson makes first “major change” at CDL with new role
CDL has promoted Andrew Wormleighton to the newly created post of director of software and technology.
Biba reveals 2013 conference speakers
Martin Wheatley, CEO designate of the Financial Conduct Authority, David Miliband MP, Olympic cycling star Sir Chris Hoy MBE and entrepreneur Hilary Devey have all been named as headline speakers at this year’s British Insurance Brokers’ Association …
Ink recruits commercial director
Ink Insurance has appointed Duncan Scott as commercial director with responsibility to define and establish the underwriting brand along with developing product and capacity provision.
NIG adds to claims service
NIG has appointed Rob Smart as its new head of commercial claims.
Unitas chooses Acturis for commercial e-trade
Unitas has teamed up with Acturis to provide its 13 members with an e-trading solution for commercial insurance.
Rural unveils schemes push and personal touch as GWP jumps
Rural Insurance has unveiled a "counter-intuitive" strategy to boost its local presence in 2013 as it revealed GWP leapt 30% last year.
Conman admits to selling false policies
A fraudster has pleaded guilty to selling hundreds of non-existent car insurance policies to UK drivers.
Aon reports profit and revenue up
Aon’s retail brokerage division has reported revenue of $6.1bn (£3.9bn) for 2012, up 1% from the $6bn reported for 2011.
Wilsons takes on two and promotes three in expansion push
The Wilson Organisation has made two senior hires and promoted three experienced professionals in the first stage of its expansion plans for 2013.
Jelf boosts North West presence with broker buy
Jelf has acquired Howell Shone Insurance Brokers.
Purple turns to PowerPlace for development manager
Purple Partnership has appointed Pauline Palmer as development manager focusing on the Central region who has joined from PowerPlace.
Openwork ties up with Paymentshield
Openwork, a mortgage and financial advisory network, has signed a five year agreement with Paymentshield for general insurance.
Stackhouse Poland completes £27m GWP LFC deal
Stackhouse Poland has completed the deal to buy LFC Insurance Brokers and its business Shield Underwriting.
Hiscox boosts London Market casualty with triple swoop
Hiscox has moved to boost its London Market casualty offering with three senior hires.
AJG's 2012 broking profits jump by 11%
Arthur J Gallagher (AJG) saw its broking net profits jump 11% to $155.8m (£98.6m) for the 2012 full year, up from the $140.2m posted for 2011.