News
JLT enjoys 20% profit growth
Jardine Lloyd Thompson (JLT) has seen its 2012 profits jump by 20% as it delivered organic growth of 7%.
ABI research into motor claims cost sees whiplash hit 20%
A new report by the Association of British Insurers (ABI) has revealed that personal injury costs now make up the largest proportion of motor insurance claims.
Biba strikes Toba template agreement
The Association of British Insurers (Biba) has agreed "a template" for terms of business agreements (Tobas) between brokers and insurers.
Thomas Carroll expands senior team in regional push
Thomas Carroll Group has added two senior executives to its commercial insurance division.
Broker Apprentice Episode Five: The Schemes task begins
In one of the market's hottest topic for brokers, can the Broker Apprentice hopefuls persuade Chris Hanks that they have the vision, skills and market knowledge to be able to mine a niche?
Four insurance companies win places on Sunday Times Top 100 list
Four insurance companies have made it into the 2013 Sunday Times 100 Best Companies List as the 25 Best Big Companies List was also revealed.
Insurance insolvencies remain in single figures
Research from Experian has revealed there were nine company insolvencies in the insurance sector in January 2013.
FSA regulatory inspections leap during 2012
Regulatory inspections of insurers for the first nine months of 2012 were up 38% on the total amount conducted for 2011, a survey has found.
Coface reports jump in profit amid 2013 economy warning
Coface has reported a €129m (£112m) net profit for 2012, up 80% from 2011.
Amlin swings back to profit and agrees $50m MGA deal
Amlin returned to the black after posting a pre-tax profit of £264.2m for 2012, a marked improvement on the £193.8m loss recorded for 2011.
BT launches motor claims legal services company with ABS
BT has launched a new legal services business for corporate customers, initially in the motor claims market, named BT Law Limited.
Marsh creates corporate division and structure
Marsh has launched a new corporate division within its UK and Ireland business, bringing together its national corporate and risk management practices as well as Marsh Risk Consulting.
Towergate and Lorega in new five-year deal
Lorega has partnered with Towergate to provide loss recovery products to the broker’s clients.
Hastings turns to Downton Abbey and the Inbetweeners for TV return
Downton Abbey's Hugh Bonneville and James Buckley of the Inbetweeners will be the voices behind Hastings Direct's return to TV advertising.
Insurers counter "poor compliance" claim after DVLA bans
Insurers have countered suggestions of "poor compliance" after it emerged that five household names had been temporarily suspended from receiving vehicle keeper information from the DVLA since 2010.
Top insurers banned from DVLA database
RSA, Groupama and LV are among the household names to have been temporarily suspended from receiving vehicle keeper information from the DVLA, Insurance Age can reveal.
L&G strikes five-year product deal with Newcastle Building Society
Legal & General (L&G) has agreed a five-year extension to its current deal with Newcastle Building Society for its general insurance products.
Willis secures Chartered broker status
Willis has been awarded Chartered insurance broker status for its UK business.
Bluefin CEO "bullish" about acquisitions despite 2012 blank
Bluefin Insurance CEO Stuart Reid has insisted he is "bullish" about the broker's 2013 acquisition prospects despite drawing a blank last year.
Broker Apprentice: The advertising winner revealed
“The one I’ve chosen actually had a strapline that we can use in advertising campaigns over a longer period.”
County Insurance to open Manchester office
County Insurance Consultants, part of the County Group, is poised to open a Manchester office.
Direct Line Group reports dip in GWP while COR improves
Direct Line Group (DLG) has reported a drop in gross written premium (GWP)for 2012, at £3.99bn down from £4.13bn in 2011.
Biba: IPT increase would be "counter-intuitive"
The British Insurance Brokers' Association (Biba) has warned the government ahead of the Budget that any increase in the standard rate of insurance premium tax (IPT) would be "counter-intuitive".
Gallagher Heath partners with Lorega on property claims
Gallagher Heath has signed up with Lorega to white-label its loss recovery insurance products and launch Gallagher Heath Assist.