News
Cobra sale deadline pushed back again
Cobra Holdings has extended the deadline for its takeover deal for the third time.
Direct Line enters telematics market
Direct Line is offering telematics products to customers following a pilot with sister firm Tracker.
QBE appoints new non-exec for UK businesses
QBE has appointed Wai Au as a non-executive director of its two principal UK regulated insurance entities, QBE Underwriting and QBE Insurance (Europe).
FSA approval times increasing
The amount of time taken by the Financial Services Authority (FSA) to approve new firms has risen for the third consecutive quarter.
Towergate goes to RSA for new broking division chief
Towergate Insurance has appointed Mike Lawton as chief executive of its broking division.
New leader for Marsh UK and Ireland
Marsh has appointed Mark Weil as CEO, overseeing the broker’s UK and Ireland operations.
Giles looks to Brightside for new COO
Giles Insurance Group has appointed Simon Pearce as chief operating officer.
New scheme from Macmillan Sheikh
Macmillan Sheikh has confirmed the launch of a scheme for electrical contractors and allied trades.
Axa Commercial Lines launches broker training clubs
Axa Commercial Lines has added a Local Training Club facility to its range of professional development training services for brokers.
Allanfield posts loss in first results since listing
Allanfield Group has reported a loss of £476,412 for 2011, compared with profit of £508,244 for the previous year.
R K Harrison buys Marsh businesses
R K Harrison has bought four businesses from Gibbs Hartley Cooper (GHC), a part of Marsh UK.
Zurich GI CEO to leave
Zurich Insurance Group has confirmed that Mario Greco, chief executive officer for general insurance, has decided to return to Italy to assume the role of Generali Group CEO.
QBE appoints Ray Cox chairman in restructure
QBE has restructured its regional UK & Ireland operation.
XL unveils new products for financial companies
XL has launched a suite of five products focused on the insurance needs of financial institutions.
Romero wins chartered status
Romero Insurance Brokers has been award corporate chartered broker status by the Chartered Insurance Institute.
Amlin awarded stable outlook by ratings agency
Fitch has rated Amlin’s financial strength as A+ and reported that Amlin plc's long-term issuer default rating was A- with a stable outlook for both.
Lorica raids Bluefin for Birmingham office hires
Lorica has recruited the current managing director of Bluefin’s Birmingham office and announced two further ex-Bluefin hires.
Fitch hails OFT decision to refer motor market to Competition Commission
Fitch Ratings has welcomed the Office of Fair Trading’s (OFT) provisional decision to refer the private motor insurance market to the Competition Commission.
Hyperion buys Windsor from management
Hyperion Insurance Group has bought Windsor from the management and employees and their institutional backer Hutton Collins Partners for £95m.
OFT competition decision on motor market divides opinion
The news that the Office of Fair Trading (OFT) is considering referring the private motor insurance market to the Competition Commission has been met with a range of different reactions.
InsureServe in online add-on deal with ULR Additions
InsureServe, the Brighton-based marketing group, has launched 19 new insurance add-on products through legal expenses insurer ULR Additions.
RSA unveils new personal lines broker MD
RSA has appointed Jill White as managing director, personal lines broker, following the announcement of a change in role for previous chief Steve Kingshott.
"Dysfunctional" motor market referred to Competition Commission
The Office of Fair Trading (OFT) has provisionally decided to refer the private motor insurance market to the Competition Commission.
RSA partners with Ingenie on telematics
RSA has signed a deal with Ingenie to provide underwriting capacity for the telematics offering targeted at drivers 17 to 25.