News
Capita expands health business with IMG buy
The Capita Group has acquired Insurance Medical Group (IMG) for an undisclosed sum.
Novae underwriting head to join Argo
Argo Group International Holdings has announced that Peter Matson will join the company in October of this year.
LV looks within for new risk chief
LV has announced the appointment of Steve Haynes as chief risk officer, subject to regulatory approval.
FOS names and shames PPI providers
The Financial Ombudsman Service (FOS) has named the providers of payment protection insurance (PPI) cases as it announced that complaints more than doubled to 98,632 in the first six months of 2011 compared to the second half of 2010.
Bluefin and Acturis extend partnership
Bluefin and Acturis have completed a successful 14 month project to add 317 new users and 16 offices onto the Acturis system.
Marsh makes senior hire to develop footprint on Isle of Man
Marsh has appointed Ken Watterson as a non-executive director on its board of directors on the Isle of Man.
PPI complaints soar to new high
The Financial Ombudsman Service (FOS) has revealed it handled 98,632 new complaint cases for payment protection insurance (PPI) in the first six months of 2011, more than double the total of 46,275 in the previous half year.
MMA deal leads to scheme option for UK General brokers
UK General has signed an extension to its capacity deal with MMA to broaden the terms of its tradesman’s liability offering.
Lorica hires for growth
Lorica Insurance Brokers has announced a number of new hires across its UK branch network.
IUA claims first in measuring London company market
The London company market is worth at least £12.6bn net of commission - £16.4bn including commission - according to the International Underwriting Association (IUA).
Solicitors' PI hit by further blow as Aspen exits
Aspen Risk Management has become the latest insurer to pull out from the solicitor’s professional indemnity (PI) market.
What’s the Big Idea?
In May this year, Insurance Age teamed up with Axa Personal Lines to launch the Big Idea at Biba 2011. Broker entrants from across the UK submitted 100 words detailing what their Big Idea was and those that held the most promise have been asked to submit…
Pressure group hits back at ABI compensation culture claim
The Access to Justice Action Group (Ajag) has slammed the Association of British Insurers’ (ABI) call for reform of Britain’s compensation culture laws.
Lloyd's backs ABI on compensation culture
Lloyd’s has announced its support for the Association of British Insurers’ (ABI) report on Tackling the Compensation Culture and warned that Britain should avoid going down the same path as the US.
ABI calls for end to compensation culture
The Association of British Insurers (ABI) has called for reform of Britain’s compensation culture laws claiming that UK consumers pay £2.7m a day to claimant lawyers through their motor insurance premiums.
Central targets charity sector with Hiscox
Central Insurance has teamed up with Hiscox to launch a charity product designed to meet the insurance needs of Scottish non-profit organisations in a single policy.
Travelers looks to QBE for PI hire
David Sawyer has been appointed as assistant general manager responsible for the professional indemnity (PI) portfolio at Travelers Insurance.
Chaucer appoints Ball to Lloyd's property syndicate
Chaucer has appointed Simon Ball as international property treaty underwriter within Chaucer Syndicate 1084’s property division.
Unitas welcomes latest member to the fold
NPA Insurance Broking Group has joined the broker alliance, Unitas.
Insurance Age blog: The calamity that is claims
Claims are given quite a lot of air time. Everyone seems to have an opinion about them - unfortunately most seem to centre upon what other people are doing wrong.
New chief executive for agricultural network
FarmWeb has announced the appointment of a new chief executive.
Underwriting result drags Randall & Quilter's profit down
Randall & Quilter’s Q2 2011 results have revealed a 17.1% increase in group income at £18.8m but profit before tax fell to £3m (2010: £5.8m).
CCV makes significant addition to Welsh arm
CCV has acquired an 80% stake in Welsh broker Antur Insurance.
Law Society and Prime Professions join forces to help ARP firms
The Law Society has announced it will again offer a scheme to assist law firms who are experiencing difficulty securing professional indemnity (PI) renewal terms.