News
Kingsbridge celebrates chartered 'landmark'
Kingsbridge Risk Solutions has been awarded chartered insurance broker status by the Chartered Insurance Insitute (CII).
Axa tops Brokerbility’s satisfaction survey
The bi-annual survey of Brokerbility’s 34 member firms rating their seven key insurer partners’ performance when dealing with claims, underwriting and accounts has rated Axa Commercial top for overall satisfaction.
New ARP rules for solicitors’ PI forcing law firms to shut down
Brunel Professional Risks has declared that the 2011 solicitors’ professional indemnity (PI) insurance renewal season was notable for the low number of law firms entering the Assigned Risks Pool (ARP).
Kiln stakes claim for mobile phone insurance first
Kiln has claimed it has delivered an industry first with the launch of an insurance product to protect mobile phone users against losses arising from ID theft and unauthorised payments.
Aviva pushes ahead with UK and Ireland changes
Aviva has appointed a transformation director tasked with integrating the insurer's UK and Ireland operations following recent structural changes and proposed redundancies in the Irish business.
Groupama chief sacked
Groupama SA has confirmed the departure of chief executive officer Jean Azéma after 11 years as head of the mutual insurer.
Chubb makes senior UK and Ireland appointment
Chubb Insurance has appointed a new sales and marketing director for the UK and Ireland.
Ellis Clowes looks to Axa PPP for new commercial director
Ellis Clowes & Company has appointed Karen Woodley as commercial director of the group and board director of Ellis Clowes (Commercial).
Income down at Willis UK
Willis Group has announced a 4% growth in commission and fees for the third quarter of 2011 to $755m (£472.6m) compared to $723m in the same period of 2010.
Three top insurers suffer from Irish downgrade
Aviva, RSA and Allianz have all been restricted from providing cover for Irish state companies due to the country’s demotion by credit rating agencies.
Willis promotes from within to replace McManus
Willis has appointed Daniel Wilkinson as chief executive officer for Willis United Kingdom & Ireland (WUKI).
Zurich creates new underwriting role for SME
Zurich’s UK General Insurance business has appointed Russell Corbould-Warren to the newly created role of head of SME underwriting.
Groupama targets PA cross selling
Groupama has released a personal accident (PA) broker toolkit in a move it said was designed to help the 61% of brokers who claimed they had difficulty selling the cover.
QBE sets up new environmental liability team
QBE has created a new team to launch an environmental impairment liability (EIL) product.
NIG hires from rivals to grow London SME book
NIG has made two senior appointments to its London office in a bid to secure a greater share of the London SME market.
Jardine Matheson increases JLT stake to 40%
Jardine Matheson’s bid for a 10% increase in its shareholding of JLT has won both shareholder and regulatory support.
Mitsui Sumitomo completes regional office network
Mitsui Sumitomo at Lloyd’s has confirmed the completion of its regional office network with the opening of branches in Belfast and Glasgow.
Social media preying on minds of risk managers
Social media presents significant potential risks to the reputations of European businesses and their protection of confidential information, according to two risk management organisations.
LV appoints new leader in Exeter
LV broker has appointed Kevin Wildman to the new role of branch manager for its Exeter office.
King quits RFIB
RFIB has confirmed that chief executive officer and minority shareholder Marshall King will be leaving the company and that current group chief financial officer Jonathan Turnbull will take up the position of CEO with immediate effect.
Lord Turner calls for debate on higher FCA costs
Lord Turner, chairman of the Financial Services Authority, has called on parliament to give the Financial Conduct Authority (FCA) “the powers and teeth to act early to intervene and prevent customer detriment from occurring”.
Insurance Age blog: McManus for Towergate?
Well the big news this week is the departure of Brendan McManus, CEO of Willis UK, from the company.
Zurich appoints new chief underwriting officer
Zurich has appointed Nick Major as chief underwriting officer (CUO) for its global corporate in the UK (GCUK) business area, effective immediately.
Towergate losses accelerate to £21.3m
A Towergate report to bondholders for the second quarter of 2011 has revealed the broking giant lost £21.3m in the first half of 2011, up from £13.7m in the same period of 2010.