News
Premiums rise at Hiscox UK but dip in London market
Hiscox UK has increased gross written premiums (GWP) by 13.4% but witnessed a decline of over £20m in its London market business for the first nine months of the year.
The Big Idea: winner revealed
Stuart Garforth, of L Wood Insurance Brokers in West Yorkshire, has won the Big Idea competition.
Stackhouse Poland buys Croydon-based broker
Stackhouse Poland has acquired Sutton Meears & Co for an undisclosed sum.
CII promoting young blood
The Chartered Insurance Institute (CII) has brought together 28 young insurance professionals to create three New Generation Groups.
Towergate Financial chief executive steps down
Ian Darby has stepped down as chief executive of Towergate Financial and will be replaced by current chief operating officer Dan Saulter.
Aviva appoints UK chief risk officer
Aviva has appointed John Lister as UK chief risk officer effective March 2012.
Insurance Age blog: fighting the threat of regulation
Well we've chalked off yet another Broker Expo and again it attracted a record number of brokers - over 750 made the journey to Coventry this year.
Aviva Ireland faces strike threat over redundancies
Union members at Aviva Ireland have voted to take industrial action if the 950 jobs being axed are threatened before agreement is reached with staff.
Groupama restructures Manchester operations
Groupama has made a series of changes to its Manchester operation as it bids to grow its online business and commercial book.
RSA builds up North East management team
RSA has appointed Lee Mooney as regional manager, North East.
‘Strategic’ decision delays aggregator offering
The launch of a new aggregator due to hit the market early in 2012 has been delayed as part of a ‘strategic decision’.
Broker Expo: Ecclesiastical restructure sees redundancies in schemes unit
Two of Ecclesiastical’s senior schemes individuals will leave the business following a restructure of the insurer’s schemes operations.
Broker Expo: Referral fee ban will be the 'next scandal'
The proposed ban on referral fees will be a good thing, but has the potential to damage public perception of the insurance industry, according to a panel discussion at the 2011 Broker Expo, hosted by Insurance Age.
Broker Expo: Delegates warned that tougher FSA is already here
Brokers have been warned that the Financial Services Authority’s (FSA) long-promised new intrusive approach is already here and that it is not “pussyfooting around anymore”.
In conversation with RSA: distinguishing from rivals in SME commercial
The SME commercial market remains one of the most highly competitive in the UK insurance space.
Aviva claims UK rise makes it market leader
Aviva claimed UK general insurance sales increased 12% over the first nine months of the year making it “the general insurance market leader in the UK”.
Personal lines growth drives up NWP at RSA
RSA has reported UK personal lines Q3 net written premiums were up 13% to £1 036m, with commercial lines up just 2% to £1 282m. Overall the UK was up 7% to £2 318m.
Underlying revenue up 6% at Marsh
Marsh has seen a 12% rise in revenue to $1.21bn (£756m) for the third quarter of 2011 from $1.08bn in the same period of 2010.
Ex-Bluefin branch leader follows AR route with Corrigans
Brendan Mulligan, former leader of the Bluefin Broker Partnership Services’ Coventry office has set up Thomson James as an appointed representative of insurance broker Corrigans.
New technology to provide more accurate flood risk pricing
Chubb Insurance has adopted a new system for predicting the potential severity of flood risk to individual properties.
Towergate snaps up niche comparison site
Towergate Insurance has acquired caravanquoter.co.uk, a caravan and motorhome insurance comparison site.
Nexus takes on Novae's regional financial lines business
Nexus Underwriting Management has acquired the £15m GWP regional financial lines portfolio of Novae Syndicates and confirmed it intends to set up a new Managing General Agency (MGA) in the new year to underwrite the account.
Chubb adds to UK and Ireland management team
Chubb Insurance has appointed Steve Ranzetta as UK and Ireland accident and health manager.
Jubilee hits back at Kiln’s “first” claim
Jubilee Managing Agency has dimissed Kiln’s claim of being first to market with a new insurance product to protect mobile phone users from ID theft and unauthorised payment as “not true”.