News
Amlin downgraded after deterioration of "key financial metrics"
Ratings agency Moody's has downgraded Amlin's subordinated debt ratings (SDR) and the insurance financial strength rating (IFSR) of its Lloyd's syndicate.
Weatherbys launches HNW broker
Weatherbys has teamed up with Charles Hamilton to launch high net worth intermediary Weatherbys Hamilton.
Swiftcover racks up £10m loss for 2011
Swiftcover Insurance Services recorded a £10.7m post-tax loss for the year ended 31 December 2011, a substantial fall from the £291,000 profit recorded for the previous year.
Aspen unveils new cyber covers
Aspen Risk Management has launched a range of insurance policies to help companies protect against the emerging risks relating to computers, data and cyber-crime.
Insurers ready to seize RSA's former motor trade business
Insurers are poised to pounce on RSA's former business following its decision to withdraw from the motor trade market.
Beazley links up with Evolution for PI
Beazley has signed up with Evolution Underwriting to provide Evolution’s broker panel exclusive access to capacity for UK-based professional indemnity risks with fee income of less than £35m.
Groupama announces extra social media workshops
Groupama Insurances is set to roll out a series of free one-day workshops designed to help brokers embrace social media.
RSA pulls out of motor trade market and agrees sale of Fyfe
RSA has confirmed that it is pulling out of the motor trade market, and will stop writing new business with immediate effect.
Sentiment Survey launches for brokers
Calling all brokers, it is that time of the year to vent your views about all things insurance and also be in with a chance to win tickets to see Jools Holland perform at the Royal Albert Hall.
LV nabs ex-RBS man as management information director
LV has snapped up Simon Aldred as director of management information for its general insurance (GI) business.
Hastings unveils 200 job recruitment drive
Hastings Direct has revealed plans to create 200 new jobs over the coming 12 months as it targets an extra three million customers by 2020.
Brightside and Open GI renew partnership deal
Brightside Group has renewed its partnership with Open GI for another four years in a move designed to drive efficiencies across the business.
Towergate's NPIB acquisition set for 2012 conclusion
The potential acquisition of Norwich & Peterborough Insurance Brokers (NPIB) by Towergate is set to be completed during the last quarter of 2012, Insurance Age understands.
LV Broker adds ABC home product to BGL panels
LV Broker has extended its partnership with BGL Group to launch its ABC home insurance product to Budget and Dial Direct customers.
Ageas extends deal with John Lewis to provide travel cover
Ageas has extended its partnership with John Lewis Insurance to provide travel cover.
Brightside says half-year results would be "envy" of brokers
Brightside Group has announced robust growth for the first half of 2012 with revenue and pre-tax profit both rising.
Arista boosts regional broker support with appointment
Arista Insurance has appointed Caroline Hargreaves as development underwriter for the Thames Valley region.
Giles creates new reinsurance broker
The Giles Group has created EC3 Brokers, a new reinsurance division.
Andrew Chester appointed Bowring Marsh CEO
Andrew Chester is to replace Nick Bacon as chief executive officer of Bowring Marsh, on 1 October.
Direct Line confirms float plans
Direct Line Group (DLG) has announced it will seek a flotation on the London Stock Exchange.
Peter Elliot resigns from Bluefin with immediate effect
Peter Elliott is standing down as head of marketing at Bluefin, with immediate effect.
Broker Expo South: FCA will demand more information and conduct more visits
Brokers can expect a lot more demands for information from the incoming Financial Conduct Authority (FCA), delegates at the 2012 Broker Expo South were told today.
Former Quinn directors could face reckless trading action
Quinn Insurance’s former directors could face legal action for reckless trading, according to the outgoing head of corporate enforcement in Ireland.
Cyber risk expert warns of 'landscape' change
Increased scrutiny and European regulatory changes will soon "change the landscape" of cyber risk insurance.