News
LMA urges Ombudsman to look at true costs of rising motor premiums
The Lloyd’s Market Association (LMA) has stressed that losses in the motor insurance market and unnecessary costs faced by insurers are responsible for pushing up prices for customers.
Insurance Age blog: The Social Network
Here at Insurance Age we are heralding a new dawn. Entering the age of enlightenment. Opening a new chapter.
In conversation with Thunderhead: Customer engagement and the need to shift from an ‘inside-out’ to ‘outside-in’ culture
There is a lot of talk about enterprises changing their cultures from ‘inside-out’ to ‘outside-in’, but what does this mean, how does this impact the customer and who is best positioned to oversee it?
Axa opens two new offices and hints at more to come
Axa Commercial Lines has officially opened new branches in Bristol and Newcastle.
Tusler leaves Hiscox
Austyn Tusler, head of art and private client business at Hiscox has left the high net worth insurer.
Allianz claims success in Darren Bent case despite apparent loss
Allianz has hailed the Court of Appeal’s judgement in the credit hire case of England footballer Darren Bent as a significant victory for the general insurance industry.
LV appoints former NIG underwriter
LV Broker has appointed Anne Francis as a senior underwriter for its Maidstone branch.
Brightside Group moves more business out of Gibraltar
Brightside is to move another chunk of its business from Gibraltar with the proposed acquisition of software platform Esystems and software house eDevelopment for £17m from Rock e-Systems.
Chubb continues with Ireland expansion
Chubb Insurance has made two appointments to its commercial insurance team in Ireland.
Aviva loses broker leaders in North and Midlands
Aviva has confirmed to Insurance Age that Alan Drury, head of trading, North West and Northern Ireland, along with Mike Smith, head of trading, Midlands and East, will both leave the insurer at the end of the year.
Towergate hit by £35m loss
Towergate has announced a loss of £35.4m for the nine months ended September 2011, over £10m more than the £23.2m it lost in the same period of 2010.
Bridge to grow London business with Bluefin hire
Bridge Insurance Brokers has established a specialist property insurance division in its London market operation.
England footballer defeats Allianz in credit hire case
The Court of Appeal has found in favour of England footballer Darren Bent in his ongoing credit hire legal wrangle with Allianz Insurance.
Makeover for Smith Greenfield
Smith Greenfield has announced a rebrand aimed at highlighting its specialist knowledge in the high net worth sector.
Sean Quinn ordered to repay £358m
The founder of Quinn Group, Sean Quinn, has been ordered to pay the former Anglo Irish Bank €417m (£358m) by the High Court in Dublin.
Willis Networks secures chartered status
The Willis Networks team has been granted chartered insurance brokers status by the Chartered Insurance Institute (CII).
Brit UK retail sale progresses
Brit Insurance is close to finalising the first round of the bidding process for its UK retail arm.
Arista takes senior underwriter from Fusion
Arista Insurance has appointed Gary Davies as development underwriter for the West of England.
Majority of SMEs are risk averse, survey finds
The majority of SMEs buy more than the minimum insurance cover but 30% are still willing to take a chance, a recent survey has found.
Markerstudy adds to pawn offering
Markerstudy Group, primarily known for insurance, has expanded its retail division with the acquisition of Colchester-based pawnbroker E J Markham & Son.
An audience with Brit Insurance
Clock ticking on CPC deadline: why fleet brokers need to act now over regime change
New FOS chair expects "record levels" of customer demand
The Financial Services Authority (FSA) has today announced the appointment of Sir Nicholas Montagu as the new chairman of the Financial Ombudsman Service (FOS).
Aviva to shut all Irish branches
Aviva Insurance is to close all 26 branches in its Irish network by June 2012 with the loss of up to 1,250 jobs.
Capita appoints new insurance chief
Capita has appointed Brent Escott as divisional director of its general insurance division.