News
Ageas finds new boss for Rias and Castle Cover
Ageas Retail has found an MD for its Rias and Castle Cover businesses following the resignation of Janet Connor earlier this year.
Insurance Age blog: Those flip-flopping insurers
Insurers are a funny bunch. They always seem to be changing their minds about stuff. One day they love a particular line of business, the next they are getting out of it.
Cobra sells subsidiary business for £3.3m
Cobra Holdings has sold subsidiary business Cobra Corporate Solutions (CCS) to ISO Investments, a company controlled by Cobra shareholder Phil Truman, for £3.3m.
FUW joins Broker Network
The Farmers’ Union of Wales’ insurance arm, FUW Insurance Services (“FUW”) has signed up with Broker Network.
OFT finds lack of competition in private healthcare market
The Office of Fair Trading (OFT) has provisionally decided to refer the market for privately funded healthcare services in the UK to the Competition Commission for further investigation.
Axa reveals package of benefits for chartered brokers
Axa Commercial has unveiled a trio of benefits for chartered brokers following a period of market consultation.
Moscrops recruits from Car Care Plan
Lancashire-based broker Moscrops has appointed Andrew Champion as managing director following the retirement of Tim Chadwick after 40 years with the business.
Perseverance completes UK exit
Birmingham-based broker, Premium Choice, has bought back shares held by the insurance arm of venture capitalist firm, Perseverance.
Three brokers make top 100 UK companies
Three insurance brokers have made it onto this year’s Sunday Times Fast Track 100 list of UK companies with the fastest growing sales over the last three years.
Biba wants more recognition of brokers' value
The British Insurance Brokers’ Association (Biba) has said that there must be more recognition of the contribution brokers make to the UK economy.
Man jailed after £2.3m insurance fraud attempt
A man who exaggerated his injuries and attempted to claim £2.3m in compensation has been jailed for four months by the Royal Courts of Justice after his deception was uncovered and he was found in contempt of court.
Brokers urged to nominate local charities for cash windfall
Aviva has called on brokers to nominate worthy causes within their community for the chance to win thousands of pounds in donations.
Lloyd's player adds second non-exec in as many months
Besso Insurance Group has appointed Stephen Greene as non-executive director.
The Giles Group bags McManus
Former Willis CEO, Brendan McManus, has been appointed CEO of the Giles Group.
Mitsui Sumitomo expands in Dublin
Mitsui Sumitomo has appointed Brian Moran and Gavin Mullen to expand the offering of its recently launched Dublin office.
Biba responds to sexual harassment in broking claim
The British Insurance Brokers’ Association (Biba) has responded to an article in The Guardian that labelled insurance broking an old boy’s network where women were ill treated.
Towergate restructures in wake of senior departures
Towergate is to form a new division dedicated to SME business in the wake of two senior departures.
Ropner to bring new products to UK market with senior hire
Ropner Insurance Services has appointed a former FSJ employee to help bolster its wholesale business in the UK.
Ai Claims appoints COO from Homeserve
Ai Claims Solutions has appointed ex-Homeserve director Simon Pook to the new role of chief operating officer at the company.
Motor market fights back, declare experts
Ernst & Young has predicted a significant improvement in the motor insurance industry’s 2011 results following analysis of the UK market’s Q3 statements.
Equity Direct Broking gets rebrand
IAG UK has repositioned its specialist affinity division and given it the new trading name Equity Insurance Partnerships (EIP).
LEI providers challenged to manage conflicts of ABS
Arc Legal Assistance has challenged legal expenses providers intending to develop alternative business structures (ABS) to prove they can manage the “inherent conflicts” the situation throws up.
RK Harrison completes MWA takeover
RK Harrison has completed the acquisition of Mercury West Associates following completion of due diligence and the approval of the transaction from the Financial Services Authority.
Bluefin uses Axa delegated authority for PI book
Bluefin is to open a new office in Glasgow to handle PI and SME business that Axa Commercial Direct cannot write.