News
Covéa boosts fraud-fighting team
Covéa Insurance has appointed Steve Jackson as head of financial crime.
Speculation mounts over potential Paymentshield sale
Towergate has appointed an investment bank to lead the £400m sale of Paymentshield, according to the Sunday Times.
Admiral considering claims specialist takeover
Admiral is reportedly planning a tie-up or merger with a Bristol-based claims specialist.
Brightside hails policy growth
Brightside Group has revealed that it expects to report "significant growth" in turnover and profit for 2012 and has also unveiled a share buy back.
Derby broker chases GWP growth with quartet of hires
Derby-based commercial insurance broker Bell & Co has appointed four new staff members.
L&G partners with Aqueduct for HNW
Legal & General (L&G) has launched a new product, Enhanced home insurance, designed for customers in the mid and high net worth markets.
Alan Boswell makes double senior swoop
Alan Boswell Group (ABG) has made two senior management appointments for newly-created roles in its Norwich head office.
Cobra boosts regional network team
Cobra has appointed four new account managers across the UK.
New PPI guidance issued to avoid "previous failings"
The Financial Services Authority (FSA) and the Office of Fair Trading (OFT) have published guidance designed to avoid repeating payment protection insurance's (PPI) "previous failings".
Concerns over cyber risks grow, says Zurich
More than three in four (76%) organisations say they have become more concerned about information security and privacy over the past three years - but only 19% have purchased insurance designed to cover these exposures, according to new research…
Ecclesiastical's Tripp to leave in 2013
Ecclesiastical group chief executive officer Michael Tripp will retire this year.
Catlin launches terrorism cover
Catlin has introduced a terrorism insurance product including crisis response services and coverage for chemical, biological, radiological and nuclear (‘CBRN’) losses.
Sheila Nicoll to leave FSA
Sheila Nicoll, director of policy at the Financial Services Authority (FSA), has announced her decision to leave when it changes to the Financial Conduct Authority (FCA) in April.
Lawton explains the new regime at Towergate
Mike Lawton, CEO of Towergate’s broking division, has explained his approach in his new role and what he has found at the consolidator in an exclusive interview with Insurance Age.
Towergate parts company with regional MD in Midlands shake up
Insurance Age can reveal that Towergate regional managing director for the Midlands Paul Watts has left the business, with two further MD changes.
Lonmar hires ex-Towergate London Market chief
Lonmar Global Risks has appointed Martin Hughes as a divisional director in its agency division.
RWA chief blasts Biba's 'sweeping criticism' of insurers
Research from the British Insurance Brokers’ Association (Biba) which claimed insurers were becoming more difficult over paying out on claims has been deemed “spin” as opposed to “worthwhile research”.
School closures could mean £500 payouts
Towergate Insurance has stated that parents could claim up to £500 on its school closure policy if schools remain closed due to snow.
AML targets brokers with restaurant product
AML Underwriting has targeted its brokers with the launch of a restaurant policy.
Revenues up at Hyperion as management mulls IPO
Hyperion Insurance Group has reported revenue of £110.6m for 2012, up 42% from the £87m reported in 2011.
Flaxman Partners labels insurers "disingenuous" amid Biba fallout
Claims specialist Flaxman Partners has defended the British Insurance Brokers' Association's (Biba) controversial research revealing that insurers have become stricter on paying claims.
HNW specialist boosts team with insurer hire
Smith Greenfield has appointed Louise Daines as a private client adviser joining from esure.
Bryan James boosts equestrian book with Brightwells buy
Bryan James & Co has bought the insurance division of property management and auctioneer company Brightwells.
Aon considering bonus backtrack
Aon is reportedly weighing up whether to backtrack on a controversial plan to pay UK staff their 2012 bonus payments in the new tax year.