News
Jelf appoints manager for South West from Towergate
Jelf Insurance has appointed Lee Davey as regional managing director of the South West as it aims to drive growth in the region.
Rural targets 5% market share with two new schemes
Rural Insurance has launched delegated authority schemes for two Northern Ireland brokers, including Autoline Insurance Group.
Two insurance brokers banned by FSA
The Financial Services Authority (FSA) has banned two insurance brokers, Andrew Porter and Alexander Brincat, from working in the financial services industry and withdrawn the permissions of Mr Brincat’s insurance firm Wise Owl Services.
Open GI launches address product to all brokers
Open GI has launched Address Look-Up which it claimed lets brokers benefit from accurate ratings from insurers by accessing up-to-date data direct from the Royal Mail to populate addresses from a client postcode.
Midlands broker unveils 20% year on year growth plans
Commercial insurance brokers Johnston Park McAndrew has moved into larger offices as part of its growth strategy.
Survey finds falling profitability for brokers
The latest Confederation of British Industry/PwC quarterly survey on financial services has revealed that general insurance brokers expect their volume of business and income to fall in the next three months.
National insurance fraud register launched
The Association of British Insurers (ABI) has provided further detail on the national insurance fraud register to be fully operational by early 2012.
Manchester broker sets up in the City
Bridge Insurance Brokers has announced the launch of a London office.
Fraud register gets go-ahead from ABI
The Association of British Insurers (ABI) has approved the Insurance Fraud Register and agreed to an industry-funded police unit dedicated to tackling organised crime.
Muir buys out key shareholder of 1 Answer Network
1 Answer Network managing director Paul Muir has increased his stake in the company with a buy out of the 38.57% holding of Optimas Insurance Group, an investor in the network since launch in 2006.
Homecall Plus rescued from liquidation
After being placed into compulsory liquidation in May this year, Homecall Plus has been bought by a 21 year old female entrepreneur from Wigan.
UIB appoints former Travelers man for top role
United Insurance Brokers has appointed Tony Dilley as international operations director and he will assume responsibility for the running of all UIB’s international offices.
Travelers creates two further senior underwriting roles
Travelers Insurance Company has appointed two new chief underwriting officers (CUO)to its UK business.
Heath Lambert name falls by the wayside
Heath Lambert is to start trading as Gallagher Heath following its acquisition by Arthur J. Gallagher & Co in May.
New Manchester manager for Dual
Dual Corporate Risks has promoted Martin Joyce to manage the company’s national business unit in Manchester.
Moody's: Axa's referral fee stance could benefit the sector
Axa’s recent decision to no longer accept personal injury referral fees could benefit the sector as a whole according to credit ratings firm Moody’s.
Reich embarks on acquisition spree with Barnett buy
Reich Insurance has completed the acquisition of Bolton-based D Barnett Insurance Brokers.
Claims volume forces FSCS to exceed budget
The cost of running the Financial Services Compensation Scheme’s (FSCS) “business as usual” workload in 2010/11 was £37m, according to its Annual Report and Accounts 2010/11.
Cost of motor insurance inquiry re-opened
The Transport Committee has agreed to re-open its inquiry into the cost of motor insurance, in the light of further concerns about the rising cost of premiums.
Bulletin from Bordeaux: Axa’s global chief sees UK market hardening
In his third special report from Axa's media conference in Bordeaux, Emmanuel Kenning reports on UK commercial market hardening and Axa's global prospects.
Staddon on his way out at Biba
The head of technical services at the British Insurance Brokers’ Association (Biba) is set to depart at the end of the month, Insurance Age understands.
Towergate adds more corporate muscle to board ahead of flotation
Towergate Insurance has announced its intention to appoint Truett Tate as an independent non-executive director.
ECJ ruling will only apply to new contracts
The Treasury has confirmed the ban on the use of gender in underwriting will not affect policies taken out before 21 December 2012.
AMII not letting claims transparency issue drop
The chairman of the Association of Medical Insurance Intermediaries (AMII) has promised that the Association will continue to pursue a resolution to the thorny issue of claims transparency.