News
Disposal of business units could result in Aviva share re-rate
Aviva's decision to cut its losses and leave 16 underperforming business segments could result in a share re-rate, analysts have predicted.
Zurich appoints new CEO of UK global corporate
Zurich has appointed Vinicio Cellerini as chief executive officer (CEO) of global corporate in the UK (GCUK).
FSCS reduced payouts by £188m in 2011/12
The Financial Services Compensation Scheme (FSCS) paid out £347m in compensation in the year 2011/2012.
New Aviva chief keen to learn from brokers
The new chief executive for UK and Ireland general insurance at Aviva, Robin Spencer, has admitted he needs to get up to speed in his relationships with brokers but said he was lucky to be inheriting a strong team in his new role.
British Insurance Awards winners announced
Bartlett & Company has been named Broker of the Year at the British Insurance Awards 2012.
Lorica opens new London branch
Lorica Insurance Brokers has opened a new London office as it pursues its growth strategy.
Aviva shakes up senior management
Aviva has made several appointments in its senior management team, as well as restructuring the top level into three groups.
Aviva's new chairman reveals insurer will leave 16 segments
Aviva's new chairman John McFarlane has announced the insurer will leave 16 underperforming business segments in a bid to focus on higher returns.
Towergate finance restructuring continues
Towergate has confirmed the departure of Jonathan Walker, formerly integration director, and Tim Philip, former finance director.
In conversation with Zurich: Personal lines broking
Personal lines brokers have endured endless change in insurance distribution and survived – and they continue to do so.
RFIB snaps up divisional director for energy team
RFIB Group, the Lloyd's insurance and reinsurance broker, has swooped to appoint Richard Scott as divisional director in its energy team.
Brightside to help drive growth for Debenhams' motor offering
Brightside has launched a new car insurance offering in partnership with Debenhams.
MASS "disappointed" by bodily injury claims findings
The Motor Accident Solicitors Society (MASS) has said it is "very disappointed with, but not surprised" at the findings reported by The Institute and Faculty of Actuaries.
Dorset-based broker targets expats with home cover
A Dorset-based broker has teamed up with a Gibraltar counterpart to offer expatriates home insurance for overseas properties.
New commercial director for Capita
Capita Insurance Services has appointed John Holm as commercial director.
Lawyers highlight impact of IMD on aggregators
Law firm Norton Rose has claimed that aggregators, claims managers and loss adjustors will be most heavily impacted by the changes proposed in the new text of the Insurance Mediation Directive II.
CMCs singled out for "staggering" rise in accident claims
Claims management companies (CMCs) have been condemned for the "staggering" increase in bodily injury accidents, according to a report published today by the Institute and Faculty of Actuaries.
ABI sees 'minimal future benefit' from compulsory commission disclosure
The Association of British Insurers (ABI) has responded to the European Commission’s proposals including on the Insurance Mediation Directive II.
Biba hits out at Europe over compulsory commission disclosure timetable
The British Insurance Brokers’ Association (Biba) has said it is very disappointed that the European Commission has imposed a five-year timetable for compulsory commission disclosure in the general insurance sector.
Alto moves forward with Cobra offer
Alto Intermediary Group has posted its offer document to Cobra shareholders, along with a form of acceptance.
PMI market faces fight to keep customers amid spiralling costs
The private medical insurance (PMI) market has a fight on its hands to retain its customer base amid spiralling costs, delegates heard at the 2012 Association of Medical Insurance Intermediaries (AMII) conference.
Salmon aims for growth in eInsurance division
Global systems integrator Salmon has appointed Neil Hodges as client executive to help grow its eInsurance business.
Yutree and ProSight in SME deal
Yutree Underwriting has partnered with ProSight Specialty Insurance to provide its employers’, public and products liability and contractors’ all risks policies in the SME market.
Arista boosts motor fleet expertise
Arista has appointed Becky Trueick as motor fleet underwriter, based at its Southampton office.