News
NIG targets North East expansion
NIG has moved to strengthen its proposition in the North East with two appointments to its team.
Severe weather leads to spike in motor claims
A fortnight of severe weather has led to motor claims totalling at least £35m, according to AA Insurance.
Flood levy could add 10% to home insurance premiums
The environment secretary, Caroline Spelman, has proposed adding a levy to all home insurance policies in order to raise enough money to cover damage in the aftermath of severe flooding.
Biba predicts telematics sales to hit 500,000 in two years
Research from the British Insurance Brokers’ Association (Biba) has revealed that ‘black box’ motor insurance sales have increased five-fold in the last two years.
Mixed reaction from broker market to Axa restructure
Brokers have mixed views to the news that Axa will bring its commercial and personal lines broker businesses back together.
Blanc: Restructuring is not about cost
The restructuring by Axa to bring its personal lines and commercial lines intermediary business back together will allow the insurer to take a more ‘holistic’ approach to broker relationships, CEO Amanda Blanc has told Insurance Age.
UK General agrees £1m of new schemes
UK General has signed two new schemes worth more than £1 million GWP as the insurer targets growing its portfolio to 500 schemes.
Axa UK to "bring together" commercial and personal lines
Axa UK has revealed it will bring together its commercial and personal lines broker businesses under the leadership of Amanda Blanc.
Mitsui chases further international liability business
Mitsui Sumitomo at Lloyd’s has appointed two new senior international liability underwriters for its Syndicate 3210.
Beazley pairs with Logica to launch cyber-security cover
Beazley has partnered with Logica to launch a new form of cyber-security insurance.
ICS snaps up new technical consultant from Biba
Insurance Compliance Services (ICS) has appointed Ann Peel as technical consultant.
MMA confirms executive director's retirement
MMA executive director Derek Plummer has retired from the company.
CGI reveals independent non-executive director
Congregational & General Insurance (CGI) has unveiled Penny Iverson as an independent non-executive director.
e-Underwriting teams up with Acturis
e-Underwriting, the new division of OIM Underwriting, has launched a property owners’ insurance product on the Acturis platform.
AMII chief describes Bupa decision as "sad, but inevitable"
The chairman of the Association of Medical Insurance Intermediaries (AMII) has described Bupa pulling back from the broker channel for private medical insurance (PMI) as a "sad, but inevitable day".
ECIC targets brokers with renewable energy offering
Electrical Contractors’ Insurance Company (ECIC) has launched a new product aimed at the green energy industry.
Persson steps down from WPS chairman role
Richard Persson, chairman of Walker Persson & Spargo (WPS) has stepped down from the role and left the company.
Perkins Slade in broker partnership with RTPI
Perkins Slade has been appointed by the Royal Town Planning Institute (RTPI) as its preferred broker.
AEGIS London makes cyber insurance swoop
AEGIS London has snapped up specialist technology underwriter Rick Welsh to launch a cyber insurance book.
Ace and RAC in travel insurance partnership
Ace Group has entered into a deal to provide travel insurance under the RAC brand in the UK.
Canopius makes head of FI appointment
Canopius Group has announced the appointment of Nick Kirk as head of financial institutions (FI).
Rural Insurance on course to double in size by 2015
Rural Insurance has shrugged off the loss of four key staff members last year by insisting it remains on course to double in size by 2015.
Fitch confirms Lloyd's A+ rating as stable
Fitch Ratings has affirmed Lloyd’s of London’s insurer financial strength (IFS) rating at A+, with a stable outlook.
Liberty keen to expand in Midlands
Liberty Mutual Insurance (LMI) has confirmed that it has created new underwriting capacity to increase its Midlands presence.