News
XL takes Allianz man to bolster Midlands operation
XL Group has made a new appointment to strengthen its Midlands underwriting team.
FSA costs top £1bn a year
The Financial Services Authority (FSA) has cost the UK’s financial sector over £1bn in the past year, according to experts.
ABI sets out the top five motor insurance priorities
The Association of British Insurers (ABI) has highlighted the need to reduce young driver deaths and serious injuries as one of the five key priorities for the industry.
ABI advises alcohol ban and curfew for young drivers
A ban on alcohol and restricted driving hours are two of the proposals set out by the Association of British Insurers (ABI) in a bid to reduce accidents among drivers aged under 25.
Miles Smith makes two acquisitions
Lloyd’s broker Miles Smith has bought wholesaler motor fleet specialist Parker Norfolk and the UK operations of RL Davison.
Keelan Westall pushes for further growth on the back of record sales
Keelan Westall, the Barbon-owned wholesale broker, has reorganised its business development function as it bids to build on new business growth.
Allianz scores GWP, profit and COR hat trick
Allianz UK has reported growth in both premium and profit and a sub-100% combined operating ratio (COR) for the third quarter of 2011.
Oval loses corporate MD
Terry Moyes, managing director of Oval's corporate business, has resigned from the Oval Group to set up his own business.
Garwyn appoints ex-Marsh CEO
Loss adjuster Garwyn has appointed Artur Niemczewski as chief executive officer.
FOS mulls budget expansion as PPI claims hit record high
The Financial Ombudsman Service (FOS) has warned that the rate of payment protection insurance (PPI) claims has climbed “steeply” to over 3,000 a week.
Arista schemes head moves to Darwin Clayton
Tunbridge Wells-based broker Darwin Clayton has appointed a new managing director.
Travelers takes senior risk controller from Chubb
Travelers has appointed Richard Harrison to lead its risk control function in both the UK and Ireland.
John Kitson pops up at Towergate
Ex-Aviva sales and marketing director has made a fleeting return to the industry with Towergate.
Barbon raises £10,000 for charity
Martin Oliver, chief executive officer of Barbon Insurance and colleagues met with model Jerry Hall, pictured, at the end of their sponsored sofa carry to raise £10,000 for charity.
Insurance Age Blog: What Hiscox's Bluefin jibe really means
One of the most popular stories on insuranceage.co.uk this week was the news that Hiscox had cancelled its PI agency with Bluefin, the Axa-owned broker.
Aon takes 10 floors of 'Cheese Grater'
Aon is to move into the heart of the London insurance community after agreeing to take 10 floors of the Leadenhall Building in Leadenhall Street.
Brokers warned of rise in fraud after FSA bans broker
Brokers have been warned to ensure that proper internal controls are in place to tackle a rise in simple but potentially business-threatening fraud.
Hiscox bolsters London team
Hiscox has made two senior appointments to its London markets team.
Jelf targets South-East business
Jelf Insurance has appointed Lee Gwilliam as business development executive to boost the company’s profile in the South East.
FSA bans and fines broker for insurance fraud
The Financial Services Authority (FSA) has fined John Folan £195,117 for insurance fraud and prohibited him from carrying on regulated financial services.
Towergate settles with ex-employees who joined Henderson
Towergate and former employees who eventually joined rival Henderson have settled their dispute.
Affinity launches new home insurance service
Affinity Select Insurance Services has launched Household Insurance Expert.
Rates hardening at Amlin UK
Amlin UK has revealed an 8.4% growth in gross written premium (GWP) to £269.7m for the year to 31 October compared with £248.8m for the same period in 2010.
Two new recruits for Transactor
Transactor Global Solutions (TGSL) has appointed Mark Lewis as a business analyst.