News
Chubb juggles personal lines underwriting team
Chubb Insurance has announced four new underwriting appointments in its personal lines team.
Demand for business insurance highlights riot fears
Insurance broker Simply Business says it witnessed a 100% increase in quote requests from independent retail and catering businesses last week following the riots that took place across the country.
CGI sells chunk of MGA in bid to grow broker house book to £100m
Congregational & General Insurance (CGI) has sold a majority share of its subsidiary MGA, Integra Insurance Solutions, to the Hannover Re Group.
Motaquote will still expand branch network, says Lombard
The chief of CCV-owned Motaquote has vowed to continue to expand its branch network despite confirming the closure of seven of its 14 offices in South Wales.
Hastings Direct to recruit 100 extra staff
Hastings Direct has announced a recruitment drive to fill 200 vacancies including 100 new jobs.
Travel insurers face a weekly bill of £5.3m
Figures from the Association of British Insurers (ABI) have revealed that the cost of falling ill abroad has hit a new high with travel insurers helping a record number of people needing emergency medical treatment while overseas.
SRA issues ABS guidance ahead of 2012 licences
The Solicitors Regulation Authority (SRA) has published a guide to help prospective owners of alternative business structures (ABS) understand what steps they will need to take to earn an operating licence.
Brokers suing clients over contested complaints could breach TCF
Brokers that sue clients for complaining could be in breach of Treating Customer Fairly (TCF) principles.
CCV-owned Motaquote shuts half of its offices
Motaquote has closed seven offices in South Wales as a result of the economic downturn with the affected branches being Mountain Ash, Treorchy, Cwmbran, Neath, Ebbw Vale, Risca and Aberdare.
Survey warns on toxic lack of trust
A survey of 1,000 people across the country by Constructaquote.com has found that 42% of employees do not feel secure in their jobs.
Network Spotlight day 12: Smith explains the changes at Westinsure
Mike Smith managing director of Ink Insurance, owners of Westinsure, looks back at the first year in charge post acquisition and claims that other networks put shackles on brokers to stop them from trading in an independent way.
Updated: mixed insurer riot claims notifications risk causing confusion
Insurers have failed to adopt a blanket policy on increasing their claims notification period following the government’s decision to extend the notification deadline to 42 days under the Riot (Damages) Act.
PPI mis-selling crisis strikes Ireland
The Irish Central Bank has launched an investigation into the mis-selling of payment protection insurance on loans.
Pet insurance study reveals £2.5bn of premium potential
Defaqto has estimated that with 48% of dogs and 69% of cats uninsured in the UK, the pet insurance sector offers providers a potential £2.5bn in untapped premiums.
Cadogan Keelan Westall taps into auction market
Cadogan Keelan Westall has joined forces with Network Auctions to offer buyers cover within minutes of the hammer falling.
Marsh's new PI offering targets cover issues for small law firms
As another challenging renewal season for solicitors’ professional indemnity (PI) approaches, Marsh has launched a service designed to cater for smaller practices.
Trimble warns businesses of grey fleet danger
A survey by Trimble has revealed that 60% of business drivers are unaware that they need to insure their car for business travel if they drive their own vehicle on behalf of their company.
Network Spotlight day 11: Willis’ Fardon foresees imminent network mergers
Sara Fardon, managing director of Willis Networks, claims in the penultimate interview for Network Spotlight that 43% of brokers are part of a network or a club and that weaker networks could fold within a year.
Victor Millwell unveils Aviva Direct deal for motorhomes
Victor Millwell has bought the rights to new policies and renewals for Aviva Direct business on motorhomes.
Riot victims need claims deadline certainty, says Biba
The British Insurance Brokers' Association (Biba) has urged insurers to provide a clear message on the claims notification deadline for riot victims.
Allianz partners with Fix Auto UK
Allianz Insurance has revealed that it has partnered with Fix Auto UK for its national accident repair services.
SRA to close ARP loophole
The Solicitors’ Regulation Authority (SRA) has confirmed it is to amend parts of the Qualifying Insurer's Agreement (QIA) 2011.
Insurance companies best of a bad bunch in FSA's complaints framework
Only 51% of insurance companies have nominated an executive responsible for complaints according to research for software firm, Charter UK.
Amlin teams up with BJP to launch GP scheme
Amlin UK, in conjunction with insurance broker BJP, has launched a new scheme dedicated to providing Employers’ and Public Liability (PL) cover to GP surgeries in the UK.