News
RSA unveils mini global product
RSA has launched a new product for UK-based businesses with global exposure in up to ten countries.
FSA bans broker for client money breaches
The Financial Services Authority (FSA) has banned Essex-based insurance broking director Derek Wright from performing any FSA-regulated functions.
Steve McGill steps up to group president role at Aon
Steve McGill has been appointed group president at Aon in conjunction with his current roles as chairman and chief executive officer of Aon Risk Solutions.
Riot scheme not fit for purpose, says ABI
The Association of British Insurers (ABI) has called for an overhaul in the law that provides for compensation to be paid to the victims of riots.
Towergate losses peak at almost £16m in Q1
Towergate Holdings has reported a loss on ordinary activities after tax of £15.8m for the first quarter of 2012.
Record number of complaints to Ombudsman as PPI continues to dominate
The Financial Ombudsman Service has received a record number of complaints for the fifth year in a row as complaints about the selling of payment protection insurance (PPI) continue to pour in.
Colin Dallas, chairman of T L Dallas Group, passes away
The Bradford-based T L Dallas Group has announced that chairman, Colin Dallas, has sadly passed away.
The BGL Group expands board
The BGL Group has appointed David Downie to its board as group director of intermediated businesses.
Robert Hiscox slams "feeble" ABI
The outgoing chairman of Hiscox, Robert Hiscox, has hit out at the lack of expertise in the incoming regulator and lack of strength among industry representatives at a recent industry conference.
Insurers have still not embedded risk management in their own boards
The boards of insurance companies have still not implemented a fully effective risk culture in their organisations despite significant investment since the financial crisis of 2008.
RSA reshuffles global specialty division to support growth
RSA has organised its global specialty businesses into three key divisions.
Coface appoints new chairman
Laurent Mignon has been appointed as chairman of the board of directors at Coface.
Which? calls on government to tackle CMCs over PPI
Which? has written to the government urging it to clear up the claims process for people who were mis-sold payment protection insurance (PPI) and to tackle exploitative claims management companies (CMCs).
Aviva warned of possible credit rating downgrade
Standard & Poor’s (S&P) has placed the credit rating of Aviva on a negative watch with a 50% chance of a downgrade in the next three months.
Allianz reports increased GWP but says market remains "challenging"
Allianz Insurance has reported a 6.8% improvement in gross written premiums (GWP) for the first three months of 2012, but cited recession related claims costs as a hindrance to the commercial division of the business.
Mitsui Sumitomo at Lloyd's opens new service HQ in Dublin
MSI Management UK and Ireland, the new service company of Mitsui Sumitomo at Lloyd’s and a member of MS&AD Insurance, has opened its headquarters in Dublin.
Biba 2012 Video: Freebies, nights out and reflections on the conference
We ask attendees how successful they think the conference was and lift the lid on what they got up to in the evenings.
Towergate pulls out of Cobra deal
Towergate has confirmed that it will not be making a bid for Cobra Holdings.
Aviva boosts motor fleet team in the North West
Aviva has appointed Andrew Howell as a motor fleet development underwriter.
Lorica continues expansion plans with sweep of appointments
Lorica Insurance Brokers has made four appointments at its regional operations.
Biba 2013 to be held in London
Andy Homer, chairman of the British Insurance Brokers’ Association (Biba), has announced that next year’s conference and exhibition will be held in London.
In conversation with Zurich: Keeping on the right side of the Control of Major Accident Hazards Regulations
If a firm uses or stores sufficient quantities of dangerous substances, they fall under the Control of Major Hazards Regulations 1999, known as COMAH.
Biba 2012 Video: Meerkats in hard hats and other pressing questions
Today at Biba we asked attendees about their reaction to commission disclosure, aggregation and technology.
Jelf adds to new London team
Jelf has made two appointments at its new London office.