News
Debating the mid-corporate commercial market
If you missed the recent live webinar debating the mid-corporate commercial market - it is now available for viewing on-demand.
Consumers urged to avoid claims managment companies in PPI cases
Consumers could lose out on over £2bn in payment protection insurance (PPI) redress by going to claims management companies according to consumer protection body, Which?
Trade bodies hail TV campaign to tackle uninsured driving
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have welcomed the launch of a television campaign to tackle uninsured driving.
Axa makes a third of its risk surveyors redundant
Axa Commercial has made 30% of its risk surveyors redundant as part of Amanda Blanc’s much publicised overhaul of the business.
Developing business models to facilitate growth: the debate
If you missed the recent live webinar debating developing business models to facilitate growth - it is now available for viewing on-demand.
Quinn family to take Anglo Irish Bank to court
Sean Quinn’s family has lodged an Irish High Court action seeking damages against Anglo Irish Bank over alleged negligence, breach of duty and intentional and/or negligent infliction of economic damage.
Insurance Age blog: Insurance just got (a bit) sexy
Yesterday was not a good day for Munich Re. A German business newspaper broke a story which has been the most amusing thing I have had to report on for a while or in fact ever. For those of you who managed somehow to escape the story, still the popular…
Aviva loses JLT recruitment book to Brit
Brit Insurance has won JLT’s book of business for the Recruitment and Employment Confederation (REC) from Aviva.
Chartered: A Broker's view: Barnett & Barnett
In the second of a three part series Post and Insurance Age editor-in-chief Jonathan Swift talks to Barnett & Barnett Compliance and training manager Toni Richardson about the benefits for a broker in being chartered.
M4 and Allianz locked in talks over capacity provision
M4 Underwriting’s coverholder agreement with Allianz hangs in the balance as the pair continue negotiations, Insurance Age understands.
HomecallPlus enters liquidation
HomecallPlus, supplier of emergency cover for homeowners and landlords, has gone into liquidation with confusion surrounding whether any policies issued in the last six months were backed by an underwriter.
Regulators reveal PRA approach
The Bank of England and the Financial Services Authority (FSA) have published a joint paper setting out the current thinking on how the future Prudential Regulation Authority (PRA) will approach regulation.
Munich Re held prostitute party
Munich Re rewarded high-performing agents with 20 prostitutes at a party held in Budapest in 2007, according to a story to be published today in German newspaper Handelsblatt.
Ryan Speciality completes purchase of Lloyd's player
Jubilee Group Holdings has confirmed its sale to Ryan Specialty Group.
Ageas sees no sign of commercial hardening
Barry Smith, chief executive of Ageas UK, told Insurance Age he had seen no signs of commercial market hardening and indicated that he was not anticipating it happening soon.
Conference may hold long term PPI answers
Tomorrow’s conference on banking regulation may provide some much needed clarity on the future handling of payment protection insurance (PPI) complaints, according to Paul Clark, CEO of Charter UK.
Biba queries "misleading" survey on aggregator commission levels
The British Brokers’ Association (Biba) has questioned a recent YouGov survey which stated that the average commission taken by comparison sites stood at 24%.
Ageas returns to profit despite 104.6% COR
Ageas Insurance has revealed profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the equivalent quarter in 2010.
Barbon employees to get slice of acquisition pie
Barbon Insurance Group has launched a unique new employee incentive in a bid to increase the number of acquisitions it makes.
FOS receives record-breaking number of PPI complaints
The Financial Ombudsman Service (FOS) has published its annual review covering the 2010/11 financial year.
Members force Biba to change PMI scheme
The British Insurance Brokers’ Association (Biba) has withdrawn its private medical insurance (PMI) scheme for members in order to remove a clause that handed all currently held business to its partner Jelf.
Brokerbility members reveal best performing insurers
Axa Commercial Lines has topped the Brokerbility bi-annual Satisfaction Survey for the second consecutive time.
Aviva makes aggregator u-turn
Aviva has confirmed it intends to return to the aggregator space for private motor with a new, separately branded internet-only offering.
Aviva chief hints that market may finally be hardening
The UK could be seeing the first evidence of market hardening in commercial lines, according to Mark Hodges, chief executive of Aviva UK although he declined to predict whether any increase would hold or how far it would go.