News
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.
Insurers facing worst flood damage bills since 2007
British insurers are expected to face the worst flood damage bills since 2007, PricewaterhouseCoopers (Pwc) has warned.
Axa goes to Ace for management liability underwriter
Axa Commercial Lines and Personal Intermediary has appointed Adam Wickens as senior management liability underwriter.
Professionalism: McManus backed on chartered label
Brendan McManus’ comment that just “slapping on” the chartered label was not enough has been backed in Insurance Age’s professionalism debate.
Biba sets first deadline for CEO hiring process
The British Insurance Brokers’ Association (Biba) hopes to begin interviews for the role of chief executive officer in February 2013.
Compliance pay costs soaring
Research by recruitment firm Robert Half has pinpointed the soaring costs of compliance experts on the City of London.
La Playa strikes Aston Martin insurance deal
Insurance broker La Playa has entered into a partnership with Aston Martin Works - the only direct showroom for the famous car brand.
MASS calls for better resources to tackle crash for cash fraud
Crash for cash figures released by the Insurance Fraud Bureau (IFB) have been branded “astonishing” by the Motor Accident Solicitors Society (MASS).
Catlin goes to Xchanging for new claims chief
Catlin Group has appointed Glenn Brace as group claims director.
Broker Apprentice: Prizes revealed
Insurance Age can reveal the prizes of its Broker Apprentice competition, held in partnership with Allianz.
Almost 10% of the UK would consider 'crash for cash' scam
Almost 10% of the UK would consider taking part in a ‘crash for cash' scam for financial gain, a report released today has revealed.
Former Deloitte head named as RSA chairman
RSA Group has unveiled former Deloitte head Martin Scicluna as its new chairman.
Blink and Purely Motor in exclusive deal
Blink Intermediary Solutions has been awarded exclusive distribution and marketing rights for private car and commercial vehicle facility Purely Motor.
Broker reveals revenue and profit overstated by over £800,000
Allanfield Group has overstated its revenue and profit before tax for the financial periods ended December 2010 and 2011, and the six months ended June 2012.
Swinton Group expands commercial presence in North East
Swinton Group has opened its first commercial office in the North East of England.
Aviva names Mark Wilson as group CEO
Aviva has unveiled Mark Wilson as its new chief executive officer (CEO) on a basic annual salary of £980,000.
HomeServe profits rise but falling customers impact revenue
HomeServe has reported an operating profit of £27.1m for the six months ended September 2012.
Video: Does the public understand chartered broker status?
More work needs to be done to educate the general public about the value of chartered status, brokers argued at Insurance Age's recent Broker Expo.