News
Towergate goes for change with latest appointment
Towergate Insurance has appointed a group change director tasked with delivering the business’ key strategic priorities.
New PI cover for media sector
Travelers has introduced a new professional indemnity (PI) product to cover the publishing and general media sectors.
UK General secures new capacity
UK General has agreed a new capacity deal with Ecclesiastical vehicle, Ansvar.
Romero bags second director from rival Henderson
Leeds-based Romero Insurance Brokers has appointed former Henderson director Darron Brady as its new business sales director.
Cruise ship disaster costliest in maritime history
The Costa Concordia crash could be the biggest insured loss in maritime history.
PPI complaints soar by 57%
The Financial Ombudsman Services (FOS) has revealed that the number of payment protection insurance (PPI) cases it received increased to 30,301 in the final three months of 2011.
Network player pinches second broker from Oval
Oval has lost another latent defects expert to TEn network member, Building and Land Guarantees (BLG).
Video: What the Papers Say latest edition
This month Martin Friel, editor of Insurance Age, and Emmanuel Kenning Features editor, are joined by Aviva's senior media relations manager, Erik Nelson.
RSA relocates in Ipswich
RSA has opened a new site in Ipswich in a bid to increase broker access to trading staff.
Ex-Powerplace director joins Perkins Slade
Perkins Slade has named former Powerplace sales and marketing director, Darren Rowe, as managing director for corporate business.
SME confidence hits record low
Research by the Federation of Small Businesses (FSB) has revealed confidence amongst SMEs to be at the lowest level since its ‘Voice of Small Business’ Index started in 2010.
Marsh’s UK leader moves to European role
Marsh has appointed Martin South, CEO of UK and Ireland, to the newly-created role of CEO, Marsh Europe.
Ex-Jubilee chief returns to market
Andreas Loucaides has been appointed syndicate operations and development director at a Lloyd’s syndicate – A G Dore & Others (Syndicate 2526) – less than a month after his sudden departure from Jubilee.
Sterling targets northern business with new Manchester office
Sterling Insurance has confirmed it will open a regional branch in Manchester by the end of March 2012.
Ink snaps up Adding1’s commercial wholesale book
Ink Insurance has bought Adding1’s property, liability and motor fleet based business and confirmed that CEO Julio Rodilosso will be retained in a consultancy role.
Biba welcomes Treasury FCA report
The British Insurance Brokers’ Association (Biba) has welcomed the Treasury Select Committee’s report on the Financial Conduct Authority (FCA).
Aon moves corporate HQ to London
Aon has announced it will move its corporate headquarters to London to gain greater access to emerging markets and take better advantage of strategic proximity to Lloyd’s and the London market.
Ireland's Injuries Board sets good example
The UK should look to Ireland for a lesson on tackling the problem of increasing insurance premiums, according to Catherine Barton, partner in the insurance team at Ernst & Young.
Treasury aims to tackle aloof nature and expense of regulator
The Financial Services Authority (FSA) is too expensive, aloof and bureaucratic and does not protect consumers from regulatory failure.
LV creates 50 jobs in Bristol
LV has announced it is to create 50 new jobs in the first quarter of 2012 through expanding its Bristol operation.
i-Digital and Jubilee claim industry first for download cover
Underwriting agency i-Digital Insurance and Lloyd’s insurer Jubilee have released a new policy to cover downloaded content held on computers, smartphones, mobiles devices and any other form of electronic equipment.
Groupama chief flattered to be for sale
Groupama’s chief executive officer, François-Xavier Boisseau, has described being put up for sale as both a “disappointment and good surprise. It is quite flattering to be for sale because you are considered a very valuable asset.”
Groupama in the UK up for sale
Groupama is to sell its UK operation as the French insurer scrabbles to raise funds to shore up its EU debt position.
Groupama broker insists business as usual despite sale
Graham Lark, chief executive of Lark Group, has told Insurance Age he believes it is business as usual for the broker following the news of Groupama putting its UK business up for sale.