News
Cameron's attack on H&S culture challenged by legal sector
David Cameron has vowed to “wage war” against the health and safety culture in Britain.
Axa loses London sales chief
Axa Commercial Lines' head of sales for London, Jamie Lewis, has resigned from the company, although a spokeswoman for the insurer would not confirm when he had done so.
Household rates will continue to rise says PwC
Accounting firm PwC has warned that the recent winter storms could push household premiums up this year.
Consumer champion slams travel insurers
An investigation by Which? has revealed that nearly one third of its members who told their travel insurance provider about a medical condition after taking out a policy had to pay a higher premium or had their cover removed.
Biba offers sanction checking facility to members
The British Insurance Brokers’ Association (Biba) has launched a sanctions checking facility to help members comply with their obligations under the Terrorism Act and the Financial Services Authority’s (FSA) financial crime requirements.
La Playa adds yacht specialism
La Playa has appointed Mike Taylor-West to the new role of head of private client and marine, London, as the insurance broker looks to develop a specialism for yachts and pleasure craft.
Axa warns of home insurance claims surge
Home insurance claims are set to rise in the coming year due to the increased number of events taking place this summer, according to research conducted by Axa Personal Lines.
Lorica rides into 2012 on wave of new recruits
Hemel Hempstead-based Lorica Insurance Brokers has unveiled seven new hires across the country.
New power and utilities underwriting vehicle launched
Ascot Underwriting has formed a technical underwriting vehicle for the power and utilities industry.
Equity dodges £1m fine as it receives censure from Lloyd's
Equity Syndicate Management, the managing agent of Syndicate 218, has been censured by the Lloyd’s Enforcement Board regarding deficiencies in its reserving that saw the Lloyd’s player require a £311m injection from parent company Insurance Australia…
Homer: Biba should represent all forms of intermediation
The British Insurance Brokers’ Association (Biba) should be the trade body for all forms of intermediation and not limit itself to brokers according to its new chairman, Andy Homer.
Ellis Clowes motors into 2012
Ellis Clowes has announced the appointment of ex-F1 driver and current pundit Mark Blundell as non-executive director.
Hastings boss to face Lloyd’s disciplinary board
Neil Utley, chairman of Hastings Direct, will face Lloyd’s enforcement board later in January over his time as boss at Equity Red Star.
R&Q takes on latest run-off business, adding to HNW portfolio
Randall and Quilter Investment Holdings (R&Q) has bought the yacht and marine trade book from Talbot Underwriting subsidiary Underwriting Risk Services.
Fresh Start for Voyager
Voyager Insurance Services has acquired the Fresh Start book of business from Culpeck Insurance services for an undisclosed sum.
JLT snaps up Irish broker
Jardine Lloyd Thompson’s (JLT) Irish arm has acquired FBD Insurance Brokers, an insurance broker based in Ireland in a deal worth up to €8.5m (£7.1m).
Chubb adds seven to commercial management team
Chubb Insurance has made seven senior appointments to its UK and Ireland commercial insurance division.
Hastings Direct to create 200 new jobs this year
Hastings Direct has announced that it aims to create 200 jobs in 2012.
Northern businesses suffer higher insolvency rates
The north to south divide is widening when it comes to business failure, according to Experian’s latest insolvency index.
UK GI premiums reach £46.4bn
Net worldwide premium income of the UK insurance sector has fallen for the third year running in 2010 to £198.7bn.
Government investigates credit ratings agencies
The Treasury Committee has launched an investigation into credit rating agencies questioning the transparency and soundness of their methodologies.
Beazley back in for Hardy
Beazley has reafirmed its interest in acquiring Hardy.
Equity Red Star appoints new motor fleet underwriter
Equity Red Star has appointed Andrew Dodd as motor fleet class underwriter.
Jubilee chief in sudden departure
Jubilee Group Holdings (Jubilee) has announced that Andreas Loucaides, CEO of Jubilee Managing Agency, has left the business with immediate effect.