News
Groupama wins place on Sky Insurance panel
Groupama Insurances has signed a deal with Sky Insurance Services to provide cover for modified, prestige and performance cars.
OIM launches e-Underwriting division
OIM Underwriting, part Arthur J Gallagher, has developed a new underwriting platform for household and commercial risks.
NIG continues regional BDM appointments
NIG has appointed a new business development manager for the East Anglia region to target the SME sector.
Ageas sees profits soar as ratio improves
Ageas UK has announced an 11.1% increase in income to £513.3m in the first quarter of 2012 compared to the same period last year.
Andrew Moss demanded near 10% payrise days before departure
Andrew Moss, the former chief executive of Aviva, demanded a 9.5% pay rise just days before he was forced out amid shareholder pressure over executive pay.
Casualty & General opens UK office to target regional brokers
Casualty & General Insurance (Europe) has opened a new office in London, to be led by director Andy Moulsdale.
MMA aims for further growth with schemes appointment
MMA Insurance has appointed Liam Casserley as schemes account manager.
Aviva consolidates corporate arm
Aviva is to roll its construction and power business into its corporate and speciality risk arm to form a new team – construction, power and engineering (CPE).
Towergate strengthens Midlands retail team
Towergate Insurance has made three senior appointments to its Midlands broking team.
Broker Network member fined and banned for fraud
A former Broker Network member has been banned and fined by the Financial Services Authority (FSA) for committing insurance fraud.
New IMD clause brings threat of compulsory commission disclosure
Brokers face the threat of mandatory commission disclosure if a proposed revision of the Insurance Mediation Directive (IMD) is accepted, the British Insurance Brokers' Association (Biba) has warned.
Axa UK delivers significant growth in commercial lines and household
Axa's general insurance business delivered nearly €10bn (£8bn) in premium in the first quarter of 2012, the UK contributing €996m of that total.
Catlin sees rates hardening across lines in Q1
Catlin's chief executive believes the market is heading the right direction with rate increases across the board as the insurer reported a 12% hike in GWP.
CFC adds to professional risks team
CFC has appointed Andrew Walker to its professional risks team.
Jelf launches affinities and schemes team
Jelf is set to attack the schemes and affinities market with a dedicated team team by Rob Rees as managing director.
Keychoice Underwriting transfers business to Towergate
Keychoice Underwriting has entered into negotiations to transfer its book of business to Towergate only two years after it was launched.
Peter Hubbard appointed executive chairman at UK General
Former Axa UK CEO, Peter Hubbard, has been appointed the new executive chairman of the UK General Group following the resignation of Howard Posner.
Zurich's UK arm sees profits dip but COR remains steady
Zurich UK has delivered an underwriting loss of $8m (£4.9m) and a combined operating ratio (COR) of 101.3%, only a slight deterioration on last year (101.2%: 2011).
Markel International achieves huge improvement in Q1 COR
Markel International has delivered $277.6m (£141.3m) of GWP in the first quarter of 2012, a 9% increase on the same period last year ($255m).
RSA chief welcomes tough conversations with consolidators
RSA’s UK and Western European CEO Adrian Brown has revealed that having former colleague Brendan McManus and counterpart Mark Hodges running consolidators such as Giles and Towergate respectively was a help, rather than hindrance.
Clark Thomson reveals new MD and chairman
Scottish broker Clark Thomson has appointed Ben Bailey as managing director and Ian Bowie as chairman.
Gallagher buys over 50's specialist broker
Arthur J. Gallagher has bought 78.5% of Insurance Dialogue (IDL), a specialist broker for the over 50’s market trading under the Insure4Retirement (I4R) brand.
Number of chartered brokers nears the 100 mark
The Chartered Insurance Institute’s (CII) drive for professionalism has seen 12 insurers and 94 broking firms commit to chartered status according to its annual review of 2011.
New D&O and HNW insurer enters UK market
XN Financial Services (UK), a subsidiary of Montreal-based XN Holdings, has received UK accreditation from the Financial Services Authority authorising it to operate in the UK.