News
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.
Aspen appoints new PI chief to create new products
Aspen Risk Management (ARML) has appointed Lee Chelton as head of regional professional indemnity (PI).
ABI register to provide insurers with details of known fraudsters
The Association of British Insurers (ABI) has launched the Insurance Fraud Register, to make details of all known insurance fraudsters in the UK available to insurers.
Ceta adds to non-standard household panel
Ceta has appointed Prestige, Midas and Plum to its online quote-and-buy system in a move designed to strengthen its household panel with non-standard providers.
Oxford Insurance MD opts for CFC
Oxford Insurance Brokers managing director (MD) Neill Cotton is set to assume a senior management role with CFC.
Speculation mounts around Direct Line flotation
Direct Line Group could tomorrow announce its intention to float on the London Stock Exchange, according to reports.
Autonet pairs with CDL to offer online car history search
Autonet Insurance has joined forces with CDL to develop software which will enable consumers to check a vehicle’s history using its registration number.
Arag wins Oak account from Das
Arag has partnered with Oak Underwriting to provide legal expenses and home emergency assistance insurance to the specialist’s high net worth (HNW) portfolio.
FSA moves to quell concerns over staff changes
The Financial Services Authority (FSA) has moved to pacify senior politicians' fears about staff turnover and its impact on the consistency of communication between firms and the regulator during the transition to the ‘twin peaks’ and Solvency II regimes.
Giles M&A director to end five-year stint at broker
Giles' mergers and acquisitions director Hazel McIntyre is leaving the company.
Biba to offer higher commissions through trade credit scheme
Increased commission levels will be available to members of the British Insurance Brokers’ Association (Biba) when they place trade credit insurance through the UK Export Finance initiative.
Allanfield reports revenue and profit growth after 'hectic' year
Allanfield Group has reported a net revenue of £2.1m for the first six months of 2012.
Barclays overtakes Lloyds as biggest PPI offender
Barclays Bank has overtaken Lloyds TSB as the source of the most payment protection insurance (PPI) complaints, according to figures from the Financial Ombudsman Service (FOS).
Insurers named and shamed by FOS
UK Insurance, part of Royal Bank of Scotland, racked up the highest number of general insurance complaints referred to the Financial Ombudsman Service (FOS) according to new figures.
Chartis builds cyber liability offering
Chartis has appointed Jamie Bouloux to the newly created role of cyber liability underwriting manager for Europe.
James Hallam makes double acquisition
James Hallam has confirmed the purchase of care homes business from Howden and a commercial book in Essex as part of its growth plans.
LV Broker turns to BGL for strategic account manager
LV Broker has swooped to appoint former BGL man Paul Chalfont as strategic account manager.
HDI-Gerling adds to motor fleet leadership
HDI-Gerling has appointed Michael Gwilt as manager responsible for fleet risk management and business development.
Ecclesiastical goes to Allianz for new risk chief
Ecclesiastical has appointed Angus Roy as head of risk services.