News
Abbey Protection reports increased profit and GWP
Abbey Protection has reported a 3% improvement in its profit before tax, up to £5.2m for the first six months of 2012.
FCA boss to clamp down on commission-led sales
Commission payments on all financial products are to be severely curtailed by the new financial regulator.
Coface's Denecker to retire as UK managing director
Trade credit insurer Coface has confirmed that Xavier Denecker is to retire as managing director in the UK and Ireland with Frédéric Bourgeois appointed to the role.
New Ocaso UK boss spells out broker ambition
The new UK boss of Spanish insurer Ocaso has spelt out his ambition to boost broker business.
Giles expands in Scotland with Falkirk appointments
Giles Insurance Brokers has appointed Ian Smith as branch director of its Falkirk office.
TEn makes headquarter move to boost capacity
TEn Insurance has moved headquarters from Aylesbury to Princes Risborough in a bid to boost capacity.
LV Broker revamps SME product range
LV Broker has relaunched its commercial SME product range, with two property owner products now available for the residential and commercial sectors.
Insurance Linx seals fifth capture in four years
Insurance Linx has snapped up its fifth business since its inception four years ago with the acquisition of Ealing-based Argent Insurance Services.
Towergate confirms Houghton's departure and return to broking
Towergate Insurance has confirmed the departure of Nick Houghton, former managing director of Broker Network and Countrywide, as revealed by Insurance Age on Friday.
Liberty moves to strengthen northern broker relationships
Liberty Mutual Insurance (LMI) has appointed Richard Chapman as broker account manager for its Manchester office.
County Insurance relocates head office in growth bid
County Insurance has moved head office as it sets its sights on boosting staff numbers.
QuestGates boost Scottish presence with new office
QuestGates has opened a new regional office in Scotland.
Nick Houghton to leave Broker Network
Insurance Age understands that Nick Houghton has resigned from the role of managing director at Broker Network.
Third departure from Cobra Network as Heap bows out
Cobra Network has confirmed the departure of Ray Heap, previously strategic account manager.
Competitors claim 'spooked' Cobra Network members looking for new home
Recent departures from Cobra Network are giving competitors a chance to pick up more business, senior market figures have said.
Ocaso unveils new UK boss as Kitteridge ends 23-year stint
Spanish insurer Ocaso has unveiled Tim Stemp as general manager of its UK arm following the decision of Graham Kitteridge to reduce his day-to-day involvement.
FSJ swoops to appoint former Cobra man Dave Truman
FSJ Broking, the London market division of Ink, has appointed former Cobra man Dave Truman as development director.
Carole Nash chief satisfied with broker's performance
The chief executive of Carole Nash David Newman has described the broker's 2011 full-year figures as "satisfying" in a "very mature market".
Barbon unveils new board member after director departure
Barbon Insurance Group has appointed Mark Armitage as director in light of the departure of group managing director Nick Sharp.
Ace to open office in Aberdeen
Ace has announced it will open an office in Aberdeen before the end of 2012 which will be its 12th branch in the UK and Ireland.
Hodges upbeat over rise in Ebitda
Towergate group CEO Mark Hodges has promised “more of the same” for the rest of 2012 as the consolidator revealed an increase in Ebitda and reduced losses.
UK General agrees six new schemes as part of growth bid
UK General has signed six new commercial schemes as the insurer continues its portfolio expansion.
Arag appoints to strengthen BTE team
Arag has appointed Chris French as broker account handler in its before the event sales team.
Profits stable at Confused.com
Admiral, owner of Confused.com, has revealed the comparison site increased total revenue by 7% to £43.2m (H1 2011: £40.4m) in the first six months of 2012.