News
Gocompare responds to FSA’s comparison site review
The only aggregator currently a member of the British Insurance Brokers' Association (Biba), Gocompare.com, has welcomed the Financial Services Authority’s (FSA) proposed guidelines for comparison sites.
Biba welcomes FSA proposed guidance for comparison websites
The British Insurance Brokers’ Association (Biba) has welcomed the Financial Services Authority’s (FSA) guidance consultation for insurance comparison websites.
FSA review reveals TCF issues for aggregators
The Financial Services Authority (FSA) has deemed it necessary to issue proposed guidance on the selling of general insurance policies through price comparison websites.
LV increases Ipswich presence
LV has announced the expansion of its current operation in Ipswich which deals with car insurance queries within the general insurance business.
New chairman for Howden
Howden Insurance Brokers has appointed Lorraine Adlam as chairman.
Swinglehurst's accounts in lockdown
Lloyd’s insurer Swinglehurst has reportedly had its company accounts frozen after running into tax diffculties.
Gallagher raids Towergate for senior hires
Gallagher International has poached the managing directors of two of Towergate's largest underwriting units.
Quinn to continue writing UK business until 2012
Quinn Insurance will continue issuing new UK policies until the end of 2012, despite its new owners only buying its Irish operations, according to reports.
Markerstudy breaks into commercial motor with broker buy
Markerstudy Group has acquired Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Giles offloads life science arm to Oamps
Oamps Special Risks is understood to have bought Giles’ life sciences division.
European network targeting independent UK brokers
Trust Risk Control, a European network of independent insurance brokers, has signed an agreement with Asferica Consulting to provide a presence in the United Kingdom for brokers looking to compete for international business.
Brightside splits management roles
Brightside Group has decided to split the roles of chief executive officer and finance director citing the “interests of good governance”.
Axa raids Towergate for IT director
Axa Commercial Lines has appointed Ross Burns, formerly of Paymentshield, as the new IT director in Amanda Blanc’s senior leadership team.
Acquisitions an option for Jelf
Group chief executive at Jelf, Alex Alway, has confirmed the consolidator remains in the market for acquisitions but only at the right price.
Ink boosts PI team ahead of solicitors’ renewal season
Ink Insurance has appointed two lead underwriters from St Mary Underwriting as it looks to expand in the solicitors’ professional indemnity (PI) market.
Allianz launches motor add-on for retail brokers
Allianz has launched Allianz Pro-Motor Rescue, an add-on motor insurance product.
Aviva looks down under for new chairman
The former chief executive of the Australia and New Zealand Banking Group, John McFarlane is to succeed Lord Sharman as chairman of Aviva according to reports.
Revenue flat as Jelf moves into profit
Jelf has announced a profit before tax of £0.8m in its interim results for the six months ended 31 March 2011 reversing its loss of £1.2m in 2010.
Broking market offers mixed reaction to Hodges' appointment
Mark Hodges’ move from Aviva to Towergate and his replacement by Trevor Matthews of Friends Life has been met with mixed reaction from brokers.
No resignations, no regrets says Homer
Andy Homer has confirmed that Towergate came close to making an internal appointment ahead of its decision to poach Mark Hodges from Aviva for the chief executive role.
Ombudsman's increased award limit will impact regulated firms
A professional indemnity expert has challenged the Financial Services Authority’s (FSA) claim that the Ombudsman’s increased award limit would not impact regulated firms.
Hodges to continue acquisition drive at Towergate
Towergate chairman Alastair Lyons said he was "absolutely delighted" at the arrival of Mark Hodges from Aviva and promised the company would continue on its broker acquisition path.
Aviva responds to Hodges' departure to Towergate
David McMillan, chief executive officer of UK general insurance at Aviva, has told Insurance Age that it is “business as usual” for Aviva following the shock departure of Mark Hodges to Towergate.
Aviva chief jumps ship for Towergate
Mark Hodges, UK chief executive officer of Aviva, has been lined up to replace retiring group CEO of Towergate, Andy Homer.