News
Biba 2011: My Manchester Q&A Part One
The team at Post and Insurance Age will again be publishing a daily at the British Insurance Brokers' Association conference in Manchester on Wednesday and Thursday.
NIG unveils new logo in rebrand
NIG has unveiled a new logo and brand identity following the restructure of its regional business.
Ex-Coverzones boss to lead PowerPlace
Towergate-owned PowerPlace has announced the appointment of Simon Ball as chief executive officer effective 1 June 2011.
Customers may eventually bear brunt of PPI compensation
The decision by the banking sector not to appeal against the recent payment protection insurance (PPI) ruling may not be all good news for consumers it has emerged.
Purple appoints Alec Finch as non-executive chairman
Purple Partnership has appointed Alec Finch as non-executive chairman effective from 1 July 2011.
Calls for banks to settle PPI claims swiftly
The Financial Services Authority (FSA) has welcomed the decision by the British Bankers’ Association (BBA) and Nemo Personal Finance (Nemo) to accept the High Court’s dismissal of their legal challenge to the FSA’s payment protection insurance (PPI)…
Esure launches broker offering ahead of IPO
Esure has revealed its intention to move into the broker market with the launch of Esure broker.
MMA targets commercial growth through brokers with BDM hire
MMA Insurance has appointed Derek Bradshaw as development manager, in a bid to drive commercial growth through the broker channel.
RSA launches mid market commercial product
RSA has launched a new Commercial Combined Select product which it claimed has been specifically designed to meet the needs of a range of sector trades.
Banks' PPI decision could be bad news for brokers
The banking industry's decision to abandon its appeal against the High Court's judgment on the mis-selling of payment protection insurance (PPI) could lead to a further flood of claims.
Banks abandon PPI appeal
The British Bankers' Association (BBA) will not appeal the High Court judgment on the mis-selling of payment protection insurance (PPI).
Hiscox sees Dual deal drive growth in the UK
Hiscox has reported an overall 8% drop in GWP to £453.5m (2010: £504.1 m) in its 2011 Q1 results but more positive news came out of its UK operation.
Biba launches PMI scheme for brokers
The British Insurance Brokers Association (Biba) has unveiled a private medical insurance (PMI) proposition for its members wishing to supply the product.
Brokers are still making their mark in personal lines
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
Admiral on track to meet profit estimates
Admiral Group’s group turnover for Q1 2011 has increased by 56% to £539m but Confused.com’s turnover remained flat with the insurer citing continued pressure on margins.
Survey reveals brokers sure of business growth
More than three quarters (78%) of insurance brokers polled in a survey for Mapfre Assistance said they were confident about business growth prospects in the next 12 months, with 27% saying they were very confident about business growth.
Catastrophes push Markel's COR up to 152%
First quarter results for Markel International have revealed a combined operating ratio of 152% compared to 109% for the same period of 2010.
What the Papers Say
Bluefin's marketing guru Peter Elliott joins Liz McMahon, senior reporter at Insurance Age and the magazine's editor Martin Friel to discuss the trade press' biggest stories.
Axa's UK commercial motor revenues jump by 21%
Axa’s results for Q1 2011 have shown a 2% drop in total revenues to €28bn (£25.2bn) from the same period last year.
New insurance MD for Barclays
Barclays has appointed Kieran Murphy to the role of managing director of Barclays Insurance for the bank's UK retail business.
Part 3 - Countdown to Biba 2011: broking opportunities in adversity
With the British Insurance Brokers' Association conference now days away, Post and Insurance Age editor-in-chief Jonathan Swift sat down with the Biba CEO Eric Galbraith to discuss some of the major issues which are likely to come to the fore in…
Willis' net income for Q1 2011 drops by £103m
Willis Group Holdings first quarter results for 2011 have revealed a reported net income of $34m (£20.6m), or $0.20 per diluted share, compared with $204m, or $1.20 per diluted share, in the same period a year ago.
Junction makes senior partnership appointment
Junction, an insurance affinity specialist firm, has appointed Derek Henry as the new director of corporate partnerships.
Lloyd's broker sells majority share of business ahead of acquisition drive
Tasker & Partners has sold a controlling interest of its business to newly formed Tasker Ventures (TV) as part of a private equity deal.