News
MCE signs up latest white labelling client
Motorcycle insurance specialist MCE has announced the completion of its latest white labelling deal.
Aspen confirms appointment of former RSA Scotland chief
Aspen Insurance has confirmed Annie Watson will take on the role of general manager Scotland, at Aspen Risk Management.
Radical product intervention could stifle choice, warns ABI
The Association of British Insurers (ABI) has called for a balanced approach by the Financial Services Authority (FSA) on product regulation that reflects the diversity of retail financial services markets in the UK.
FSCS may hold insurers liable for PPI fines
The Financial Services Compensation Scheme (FSCS) has confirmed that it could pursue recoveries from insurers who permitted failed credit brokers to act as their agents.
Job losses at Equity Red Star
Equity Red Star, the UK arm of Insurance Australia Group, is set to make redundancies with up to 185 staff at risk, our sister title Post has revealed.
Insurance Age blog: Referral fees and the ABI
The Association of British Insurers (ABI) hasn’t been shy in demanding an end to the use of referral fees. It seems that every chance that presents itself, from the news that Jackson’s reforms would be implemented in full to any news regarding the cost…
Marsh announces management changes
Marsh has announced three changes to its senior management team with Daniel Glaser being appointed to the newly created position of group president and chief operating officer for Marsh & McLennan Companies.
Part 2 - Countdown to Biba 2011: the changing regulatory landscape
With the British Insurance Brokers' Association conference now less than three weeks 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…
Next head rolls at Axa Commercial
Head of specialist markets at Axa Commercial, Mike Phillips, has become the latest member of senior management to leave the business.
Clutterbuck steps up to fill Moylan's shoes at Allianz
Allianz has announced that Neil Clutterbuck is to take on the role of director, underwriting and technical, for Allianz Commercial, following the retirement of Geoff Moylan.
Engelhardt voices support for Lyons
Henry Engelhardt, chief executive of Admiral, has praised the appointment of Alastair Lyons at Towergate describing him as a "very strong" individual.
NIG boosts Leeds office
NIG has made three senior appointments at its Leeds office.
Allianz rolls out PI to the regions
Allianz Commercial has teamed up with fellow Allianz Group member, Allianz Global Corporate & Specialty (AGCS), to launch a Professional Indemnity (PI) solution to the UK provincial broker market.
PPI judgement welcomed by FSA but disappoints banks
The Financial Services Authority (FSA) has welcomed the High Court’s dismissal of the British Bankers’ Association’s (BBA) legal challenge to its payment protection insurance (PPI) measures.
Banks lose PPI legal challenge
The High Court has ruled in favour of the approach taken by the Financial Ombudsman Service (FOS) and Financial Services Authority (FSA) in the handling of payment protection insurance complaints.
Brokers say Hector's departure is a major loss for Axa
Brokers have reacted with disappointment to the news that distribution director Keith Hector has left Axa Commercial Lines.
Invicta announces latest acquisitions
Invicta Insurance Services is set to complete it latest acquisitions which will add 2,500 customers and over £1m GWP to its portfolio.
RSA expands SME e-trading proposition
RSA has announced the expansion of its e-Promise team designed to support brokers online trading with the insurer.
Distribution director out at Axa
Axa Commercial Lines has confirmed the expected departure of distribution director Keith Hector.
Lyons in circus master role at Towergate
Towergate’s competitors will not see the “slightest” difference in its strategy following the appointment of Alastair Lyons as non-executive chairman.
UK General creates new MD role as part of restructure
Michael Warren has been appointed to the new role of managing director of UK General Insurance Group.
Hastings hires ahead of planned flotation
Hastings Direct has appointed a new MD of insurer services ahead of its planned IPO next year.
Regulatory burden on brokers is heavier than tax
The British Insurance Brokers’ Association (Biba) has warned that the regulatory burden imposed by the Financial Services Authority (FSA) on the insurance broking sector is a greater competitive disadvantage than the amount of corporation tax it pays.
Solicitors' PI market leader Chartis slams SRA consultation
Chartis has been the latest insurer to react to the Solicitors’ Regulation Authority’s (SRA) consultation on the Assigned Risk Pool (ARP).