News
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.
RFIB names new FD to replace outgoing Cotton
RFIB Holdings has snapped up Nick Moss as finance director (FD) to replace Nigel Cotton.
Ex-Ink chief launches new MGA for regional brokers
Mike Smith, former MD of Ink Insurance, has launched Incorporated Insurance Group (IIGL), a new managing general agent.
Accountants predict rise in broker M&A
Legal changes affecting the UK motor insurance market will lead to an increase in mergers and acquisition (M&A) activity among brokers, law firms and claims management companies, according to Deloitte.
Acturis delivers 25% revenue growth in 2012
Acturis has announced revenues of £24.5m for the financial year ended 30 September 2012.
Arc signs up with MGAA
Arc Legal Assistance has become a member of the Managing General Agents' Association (MGAA).
Giles goes to Jelf for new healthcare specialist
Giles Insurance Brokers has appointed Lisa Blackwell as a senior healthcare consultant.
Social media 'wrong platform' for promoting chartered status
There needs to be more “shouting” about chartered status to make it worthwhile for brokers, according to Jon Newall, principal at Lockyer Insurance.
Ace sees profits rise as COR improves
Ace Group has reported pre-tax profits of $2.71bn [£1.72bn] for 2012 up 76% from $1.54bn in 2011.
Motor continues to fall as home rates flat, says AA
The latest benchmark British Insurance Premium Index from the AA has shown that the downward trend in average quoted premiums for annual comprehensive car insurance policies continued over the fourth quarter of 2012.
April targets broker driven growth
April UK has targeted £4m of new private medical insurance (PMI) sales through brokers in 2013 after expanding its broker offering.
PPI complaints quadruple to six figures
The Financial Ombudsman Service (FOS) has confirmed it received 145,546 complaints about payment protection insurance (PPI) in the three months to December 2012.