News
Professionalism: Insurance Age throws down the gauntlet
Today on Insurance Age we have launched the latest section of our Professionalism campaign to turn up the heat on insurers and challenge them to prove they deliver on what they say they believe.
Aspen weathers Superstorm Sandy to return to profit
Aspen Insurance Holdings weathered the impact of Superstorm Sandy to post a $280.4m (£178.1m) profit for the year ended December 2012.
Profits rocket at Catlin
Catlin Group has reported net income of $305m [£194m] for 2012, up more than 800% from the $38m reported in 2011.
Amlin invests in rebranded RFIB arm
RFIB has confirmed the rebranding of RFIB Specialist Risks along with an investment by Amlin.
April appoints broker development manager
April UK has appointed Duncan Craig as broker development manager as part of what the firm called an ambitious expansion programme across the UK.
Hastings appoints two non-execs
Hastings Insurance Group has appointed Clare Ryder and Pierre Lefèvre as non-executive directors.
ABI calls for greater political commitment to flooding plans
The Association of British Insurers (ABI) has called for cross-party political support to ensure that the UK can properly tackle flood risk.
Beazley sees threefold profit growth
Beazley has reported profit after tax of $214.6m [£136.4m] for 2012, up 320% from the $65.8m reported for 2011.
Matthews out as Wilson reshuffles Aviva management
Trevor Matthews is to step down from his board level role at Aviva the day before its next AGM, the provider has confirmed.
Brokers' FSCS levy will climb to £58m
Brokers are likely to be slapped with another Financial Services Compensation Scheme (FSCS) levy hike, the body has confirmed.
Brokerbility expands in North West
Brokerbility has added Cheshire based R K Henshall & Co to its list of members.
Giles expands in Scotland with trio of appointments
Giles Insurance Brokers has added three new hires to its Scotland team.
Biba urges brokers to budget for £21m FSCS levy
The British Insurance Brokers' Association (Biba) has warned that there is "every likelihood" that an interim Financial Services Compensation Scheme (FSCS) levy will hit brokers in the coming months.
CMCs pocketed £7.4m from PPI claims in 2012
Claims management companies (CMC) made more than £7.4m from UK consumers claiming compensation for mis-sold payment protection insurance (PPI) in 2012.
Ex-Brit distribution chief to lead Gallagher's e-trading division
Arthur J Gallagher International has appointed Vivek Banga as director of e-trading.
Biba launches manifesto for 'year of change'
The British Insurance Brokers’ Association (Biba) has launched its 2013 manifesto entitled Meeting the Growth Challenge.
Premium Credit aims for 'aggressive growth' with new recruit
Premium Credit has appointed David Pipe as head of sales and marketing.
Tempo gains chartered status
Tempo Underwriting has been awarded corporate chartered insurer status by the Chartered Insurance Institute (CII).
Markel reports significantly improved COR
Markel International has reported a combined operating ratio (COR) of 88% for 2012, a dramatic improvement on the 116% achieved in 2011.
Aviva launches mid-market offering
Aviva has unveiled ‘Aviva Premier’ in a move designed to grow its share of the mid-market sector and provide brokers with a range of tools to help them win and retain more business.
Hanks confirms Allianz retirement date
Chris Hanks, general manager at Allianz Commercial has confirmed his retirement date from the provider as the end of June this year.
Tesco takes McCauley from Zurich as underwriting chief
Darren McCauley has been appointed as the new chief underwriting officer at Tesco Underwriting.
Johnson makes first “major change” at CDL with new role
CDL has promoted Andrew Wormleighton to the newly created post of director of software and technology.
Biba reveals 2013 conference speakers
Martin Wheatley, CEO designate of the Financial Conduct Authority, David Miliband MP, Olympic cycling star Sir Chris Hoy MBE and entrepreneur Hilary Devey have all been named as headline speakers at this year’s British Insurance Brokers’ Association …