News
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.
Bluefin's Reid hits back at Hiscox’s impartiality comment
Stuart Reid, chief executive officer of Bluefin, has hit back at Hiscox for questioning the broker’s impartiality when cancelling its agency agreement.
Northern Ireland broker wins company of the year award
Hughes Insurance has won the ‘Company of the Year’ award at the 2011 Ulster Television Business Eye Awards.
Hiscox questions Bluefin impartiality as it cancels agency
Hiscox has cancelled its agency agreement with Bluefin and called into question the Axa-owned broker's independence.
Perkins Slade expands board
Perkins Slade has made three new appointments to its board.
Video: broker opinion on Biba and IIB merger
Insurance Age interviewed attendees at its recent Broker Expo 2011 to gauge the sentiment surrounding the merger of the British Insurance Brokers' Association (Biba) and the Institute of Insurance Brokers (IIB).
Markerstudy claims “sanity” returning to taxi market
Markerstudy Group has confirmed the appointment of Darren Doughty as head of taxi.
Capacity changes for Towergate MGAs
Fusion and Towergate Underwriting Household have both confirmed new capacity deals for the next five years.
Rural launches equine scheme
Rural Insurance has launched equine insurance solutions in partnership with UK Insurance Solutions.
Network “alternative” targets independent brokers
Former Towergate employee Joe Manning, has launched Brokerdrive claiming the fee-free web-based offering will challenge traditional broker network models.
Nine more for Willis Networks
Willis Networks has signed up nine new members, taking total membership to 125 independent UK brokers.
Autonet moves to fight fraud
Autonet has declared it will be fighting fraud by introducing identity checks at point of application for insurance.
Sean Quinn under bankruptcy investigation
Sean Quinn will be investigated by Anglo Irish Bank for selling land to his five children only weeks before filing for bankruptcy in Belfast, according to the Irish Independent.
Video: What the Papers Say
In the latest edition, Insurance Age editor Martin Friel is joined by Zurich's Keith Lewis and Insurance Age's Emmanuel Kenning.
UK General links with LIM
UK General Insurance has signed up Legal Expenses Management (LIM) to provide its legal expenses cover.
Groupama appoints new claims director
Groupama has appointed Darren Wills as corporate claims director.
Marsh claims Manx first
Marsh (Isle of Man) has claimed to be the first insurance broker on the island to achieve chartered status from the Chartered Insurance Institute (CII).
Yorkshire broker makes land grab in the Midlands
The Insurance Partnership has acquired Wolverhampton-based Rhodes Wood Risk Services.
Catlin reports flat GWP for UK operation
Catlin has reported gross written premiums (GWP) of $3,676m (£2,307m) for the first nine months of 2011.
New surety manager joins QBE London team
QBE has appointed Steve Manwaring as UK surety manager.