News
Gocompare delivers £34.7m profit
Gocompare.com has announced a £34.7m pre-tax profit for 2011, a 15% increase on 2010.
RK Harrison in £30m refinancing deal
RK Harrison Group (RKH) has secured a £30m refinancing deal with Clydesdale Bank and Royal Bank of Scotland (RBS).
Keychoice launches social media package for brokers
Keychoice has launched a social media start-up package designed to help brokers get to grips with the technology.
TGSL targets insurers and virtual underwriters with new division
Transactor Global Solutions (TGSL) has set up an enterprise division aimed at insurers and virtual underwriters.
Motor will not return to profit until at least 2014, says Ernst & Young
The motor insurance market will not make a profit in 2012 or 2013 despite a significant profitability improvement in 2011, according to Ernst & Young.
ABI reveals new chairman
The board of the Association of British Insurers (ABI) has nominated Tidjane Thiam as the next chairman of the trade body.
Randall & Quilter says acquisition pipeline remains strong
Randall & Quilter (R&Q) will confirm that its Canadian managing general agency (MGA) will close during the company's Annual General meeting (AGM) today.
ebroking 2012: Brokers must use internet to their advantage
Brokers need to be more mindful of how they are using the internet to promote their business, according to Craig Freeman, digital account manager at Brand Formula.
Broker demand fuels Rural Insurance product growth
Rural Insurance is boosting its range of covers in the UK equine market to satisfy broker demand.
Law Society aims to garner broker support for PII reform
The Law Society is looking to garner support from brokers and insurers for the use of its professional indemnity insurance (PII) composite proposal form.
BGL Group snaps up new MD for brands
BGL Group has swooped to appoint Mark Townsend as managing director of Frontline - the business unit responsible for BGL brands Budget and Dial Direct.
Quinn faces 'punitive' action over contempt ruling
A judge has told Seán Quinn it would be difficult to persuade her against enforcing ‘punitive’ action against him, after he was found in contempt of court for putting assets beyond the reach of the former Anglo-Irish Bank.
Aspen Insurance announces management overhaul
Aspen Insurance has announced that co-CEO Rupert Villers will assume the role of chairman of Aspen Insurance and president of Aspen International Insurance next month.
ebroking 2012: E-trading cannot replace broker service
Brokers must use e-trading as an extra tool, and not view it as a replacement for parts of their service, according to a panel discussion at the 2012 Insurance Age eBroking event.
ebroking 2012: Brokers urged to embrace digital platforms
E-trading could be a means of stealing a march on the competition and overcoming the challenging economic climate, delegates at the E-broking 2012 event, hosted by Insurance Age, have heard.
Allianz Retail revamps broker website
Allianz Retail has relaunched its eBroker website.
Groupama chief blasts Standard & Poor's after downgrade
The CEO of Groupama Insurances in the UK has slammed Standard & Poor's (S&P) for its "dogmatic" approach to credit ratings.
Groupama Insurances CEO allays downgrade fears
The CEO of Groupama Insurances in the UK has insisted the insurer's trading position remains excellent despite Standard and Poor's (S&P) downgrade of Groupama S.A.
S&P downgrades Groupama to BB junk status
Standard and Poor’s (S&P) has downgraded Groupama S.A. to BB status from BBB- citing insignificant capital adequacy as being behind the move.
CII launches new London market qualification
The Chartered Insurance Institute (CII) has launched a new London market qualification designed to boost ability to carry out insurance or reinsurance-related research.
Towergate snaps up Dorset-based Broker Network member
Towergate Group has acquired Harry Fort Insurance Brokers.
QBE integrates RMS teams
QBE has announced it has integrated its Risk Management Services (RMS) teams as it looks to boost its relationship with clients and brokers.
Moreland launches 'defence mechanism' for franchisors
Scottish brokers Moreland Insurance has partnered with Hiscox to launch a new policy designed to create a ‘comprehensive safety net' for franchisors.
BLG aims to tackle 'gaping holes' with new product
Building and Land Guarantees (BLG) has launched a long-term repair works warranty in a bid to fill what it called gaping holes in the latent defects market.