News
Video: insurance is not viewed in same light as other professions
The insurance industry needs to “elevate” itself in terms of professionalism, brokers claimed at Insurance Age's recent Broker Expo.
Saffron goes to Bluefin for specialist home risks manager
Saffron Insurance has snapped up ex-Bluefin employee Samantha Todd as specialist home risks manager.
NIG: Regional changes will take effect from May 2013
The changes to NIG’s regional structure are set to take effect from May 2013, NIG managing director Jon Greenwood told Insurance Age.
90 jobs hang in balance at NIG
Around 90 roles are at risk at NIG’s regional offices as Direct Line Group moves forward with the third stage of its cost-cutting plans.
Aviva to cut 120 jobs from Sheffield Asprea office
Aviva will cut 120 jobs from the Sheffield office of its claims management service Asprea.
BGL simplifies rate change processes ahead of EU gender ban
The BGL Group has made amendments to its rate change process in response to the European Court of Justice’s gender ruling which comes into force on 21 December.
Biba partners with Jackson Lee to offer GAP scheme
The British Insurance Brokers’ Association (Biba) has appointed Jackson Lee Underwriting as executive provider of its new GAP insurance scheme.
Floods may cause 50% home insurance premium spike
Home insurance renewal premiums could rise by up to 50% in wake of the latest floods, PricewaterhouseCoopers (PwC) has warned.
Former Marsh man joins AFL to boost environmental offering
AFL Insurance Brokers has appointed former Marsh man David Edwin in a bid to establish a 'dedicated global environment capability'.
Collinson Group buys card protection provider CCS
The Collinson Group has acquired card protection provider CCS as it bids to extend its added-value financial services portfolio.
JLT warns of "economic chaos" after flood insurance impasse
JLT has warned that the current flood insurance deadlock could soon harm commercial insurance.
S&P expects motor investigation to have "small" impact
Standard and Poor's (S&P) expects that the Office of Fair Trading's (OFT) decision to refer the motor market to the Competition Commission will only have a "small" impact on insurers.
Chubb turns to the law for European casualty claims manager
Chubb Insurance has appointed Lisa Payne-Lawrey as European casualty claims manager based in London.
Fitch predicts flood insurance pool
Fitch has stated that the most likely solution to providing insurance coverage in high-flood risk areas of the UK is the introduction of a non-profit risk pool.
Biba urges government to re-think regulatory approach
The British Insurance Brokers’ Association (Biba) has called on the government to address regulation issues and to provide more support for the general insurance broking sector in the upcoming Autumn Statement.
Grosvenor Brokers snaps up Lloyd's broker Paul Napier
Grosvenor Brokers has completed the acquisition of Lloyd's broker Paul Napier through its parent company AssuredPartners.
Hodges bullish about more of the same
Towergate chief Mark Hodges has described no news as good news as the consolidator unveiled a 5% growth in Ebitda.
Stuart Reid defends chartered status and urges larger brokers to join CII
Stuart Reid, vice president of the Chartered Insurance Institute (CII) and chair of its broking faculty, has called for a more united approach to chartered status.
Towergate maintains Ebitda growth
Towergate has again produced a 5% increase in Ebitda with operating earnings of £119.5m in the nine months to 30 September 2012.
Barbon builds underwriting team
Barbon Insurance Group has appointed Paul Tye as underwriting director in a new role for the company.
TEn reaches 75 members with two new additions
TEn Insurance has signed up two new members to its broker network to bring its total to 75.
Towergate buys Dawson Whyte
Towergate Insurance has today announced the acquisition of Belfast-based Dawson Whyte.
Insurance insolvencies tumble
The latest BusinessIQ Insolvency Index has revealed a dramatic drop in insurance related insolvencies, with eight businesses failing in October 2012, a 68% fall on the same month in 2011.
ABI claims government flood talks have hit deadlock
The Association of British Insurers (ABI) has claimed that government talks over securing long-term flood insurance for high-risk households have reached deadlock.