News
Miller appoints Willis man to corporate risks division
Miller has appointed Jeremy Dutton as a client service executive on its corporate risks team.
Collinson and Ancile in travel insurance deal
Collinson Insurance Group has entered a deal to provide underwriting capacity for Ancile Insurance’s retail insurance businesses.
Coversure opens York office
Coversure has opened a new franchise office in York set up by former employee of Coversure Insurance Services, Mel Scott.
Marsh parent company CEO stands down
Brian Duperreault will step down as chairman and CEO of Marsh & McLennan Companies at the end of 2012.
Groupama confirms pension fund injection ahead of sale
Groupama SA has confirmed that ahead of completion of the Ageas deal, £40m will be injected by Groupama Insurance Company Limited (GICL) into the pension fund which will be subsequently transferred to Groupama SA.
MCE takes on extra office after expansion
MCE Insurance is to take on additional premises following the expansion of its sales force.
Fitch rates Allianz as stable
Fitch Ratings has confirmed Allianz SE’s insurer financial strength and long-term default rating as AA- with a stable outlook.
Ageas UK confirms Groupama buy
Ageas has signed up to buy Groupama Insurance Company Limited (GICL) for £116m.
Woodstock makes 30th acquisition with Clear Insurance book
Woodstock Insurance Brokers has chalked up its 30th acquisition in its 10-year history with the capture of a personal lines book of business from Clear Insurance Management.
Towergate unveils new board member
Towergate Insurance has appointed Dr Teresa Robson-Capps to its board as independent non-executive director.
Park Insurance bolsters medical indemnity with MIR swoop
Park Insurance Group has snapped up specialist medical insurance company Medical Indemnity Register (MIR) in a bid to offer a "uniquely tailored and specialist service"
Swinton makes Burnley acquisition
Swinton Group has swooped to acquire Burnley-based Greys Insurance as the broker pursues its strategy of developing its UK-wide local broker proposition.
Galbraith: Biba can help point gun at regulation problem areas
Eric Galbraith, chief executive of the British Insurance Brokers’ Association (Biba), has responded to Martin Wheatley’s assertion that the incoming Financial Conduct Authority (FCA) will take a more pre-emptive approach to customer fairness.
Video: What The Papers Say latest edition
In the September edition of What The Papers Say, David Worsfold joins reporter Caitlin Morrison to discuss the implications for brokers of the proposed takeover of Groupama in the UK by Ageas.
Sagicor targets brokers with business travel and accident product
Sagicor Underwriting has launched a group personal accident and business travel product in a bid to reduce financial loss and business disruption.
Broker in Aviva deal to offer free risk management service
Alan & Thomas Insurance Group has partnered with Aviva Risk Management Solutions to offer its commercial clients free access to risk management tools and services.
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.