News
Woman guilty of claiming cats and dogs
A woman from Northern Ireland has been sentenced to 240 hours community service after fraudulently claiming £13,558.50 for kennelling her dogs and cats.
The Insurance Partnership in double Hinks swoop
The Insurance Partnership has unveiled three new additions as part of the broker's expansion plans.
Insurer regulation costs hit £730m
The UK general insurance sector is now paying well over £730m a year to cover the direct costs of regulation and compliance, according to research from Reynolds Porter Chamberlain RPC).
SSP insists security issue has been resolved
SSP has insisted that the security vulnerability sustained following an "unauthorised attack" yesterday has been resolved.
Professionalism: The industry could become a profession almost overnight
Chartered broker Roy Blackburn has commented that the insurance “industry” could become a profession almost overnight, although he doubts this will happen.
Broker feedback directs Chubb HNW restructure
Chubb has responded to broker feedback to restructure its high net worth (HNW) underwriting and account handling teams around three types of broker.
Markel reports improved COR and GWP
Markel International has reported gross written premiums (GWP) of $705m [£442m] for the nine months ended September 30, up 4% from $677m for the same period of 2011.
Equity Red Star snaps up SEIB's motor accounts
Equity Red Star has snapped up South Essex Insurance Broker's (SEIB) motor accounts following Ecclesiastical Insurance's decision to withdraw from the UK broker motor market.
HCC opens Midlands office
HCC International has opened a new office in the Midlands in a move designed to increase its regional presence.
Aspen launches PI products
Aspen Risk Management has launched a new range of professional indemnity (PI) products with a selection of added features.
New Midlands and South West manager at Chartis
Chartis has appointed Laura Wilkinson as regional manager for the Midlands and South West, succeeding Richard Jinks, who was recently appointed UK middle market and SME distribution manager.
Lucas Fettes Wholesale appoints to expand
Lucas Fettes has made two senior appointments to its team in Manchester.
1 Answer Network launches commercial lines IT platform
1 Answer Network has launched a new IT platform for commercial lines as it bids to remove the "mystique" that surrounds writing commercial business.
Giles reaches down under for corporate risks chief
Giles has appointed John Leckie as branch director, corporate risks.
SSP suspends service on aggregators
SSP's service on aggregators including Moneysupermarket, Go Compare, Confused.com and Comparethemarket has been suspended.
Broker Expo: Regional structure here to stay
Empowered regional underwriters are here to stay, according to experts on a panel discussion at the Broker Expo in Coventry.
Broker Expo: Taking the regulation shackles off
Eric Galbraith, chief executive officer of the British Insurance Brokers’ Association (Biba) has reassured brokers that the trade body was urging government to “take the shackles of regulation off”.
Towergate wins BibaLet account
The British Insurance Brokers’ Association (Biba) has appointed Towergate Underwriting as the official scheme provider for BibaLet.
RSA cites "challenging" UK market as NWP remains flat
RSA has reported flat net written premium (NWP) of £2.7bn for UK and Western Europe during the first nine months of 2012.
Aviva reports 97% COR in steady results
Aviva's general insurance business reported a combined operating ratio of 97%, excluding RAC, for the first nine months of 2012, consistent with its 2011 performance.
Ageas chief excited by Groupama deal
Barry Smith, chief executive of Ageas UK, has spoken of his excitement about the insurer's future prospects in the wake of the Groupama deal.
Ex-Towergate man joins Ink Insurance as commercial director
Ink Insurance has unveiled former Towergate employee Julian Palmer as commercial director.
Broker Expo: Smarten up on social media
There are only 24 hours until the start of the Broker Expo in Coventry where brokers will have an opportunity to “smarten themselves up on social media”.
Profits up one-third at Ageas
Ageas UK has reported a 36.4% increase in pre-tax profit to £106.7m for the first nine months of 2012.