News
Axa UK appoints Kevin Murray as chief operating officer
Axa UK has appointed Kevin Murray as group chief operating officer reporting directly to Paul Evans, group chief executive of Axa UK. He is also a member of the Axa UK executive committee.
RFIB reveals operating profit growth
Lloyd’s broker RFIB has announced a 17% increase in operating profits to £3.5m for the year ending 30 June 2010 (2009: £3.0m).
Oval's profits and revenue down for 2009/2010 financial year
In the financial year ending 31 May 2010, broker Oval today revealed its revenue reduced by 8% from £104.6m in 2009 to £96.0m in 2010.
Rural appoints three regional development managers
Rural Insurance, the agricultural business insurance brand of UK General, has appointed three new regional development managers to work with brokers as part of a new business drive.
PB Week: Through a child's eyes
I am involved in motor fleet risk management and my aim is to prevent accidents happening to anyone who uses the roads, be it a rider, driver or pedestrian, writes Doug Jenkins, motor risk manager at QBE.
Towergate firm aquires healthcare arm of IFA
Towergate Healthcare has acquired the healthcare business of IFA Origen Financial Services.
Flood insurance bills soar to £4.5bn, according to ABI
The cost of flood damage since 2000 has leapt by 200% on the previous decade according to figures released by the Association of British Insurers.
Aviva heads to Zurich for corporate risk and specialty lines MD
Zurich’s CEO for global corporate UK business David Hall has resigned to join Aviva as managing director of corporate risks and specialty lines in its UK general insurance business.
General strike called in Portugal today, as euro debt fears grow
The majority of medium-haul flights to be cancelled in Portugal tomorrow
Arag warns of difficult times ahead for claimants
Arag has warned that radical reforms to the legal aid system and civil litigation could leave many claimants in a significantly worse position.
Jelf enters mechanical engineering affinity partnership
Jelf has secured an affinity partnership with the Institution of Mechanical Engineers (IMechE).
Keychoice chooses Cunningham Lindsey as claims management partner
Keychoice Underwriting has appointed Cunningham Lindsey as its claims management partner to provide a one stop claims service to its brokers and policyholders.
Aviva launches package for metal and machinery sector
Aviva has launched two bespoke policies for those working specifically in metals or machinery and equipment.
Bridge Insurance secures Chartered Broker Status
Bridge Insurance Brokers has been awarded Chartered Broker Status by the Chartered Insurance Institute.
Business insolvencies down 17%
The latest Insolvency Index from Experian has revealed a 17% year-on-year drop in UK business insolvencies during October.
Lord Young resigns following recession gaffe
Lord Young of Graffham has resigned from the coalition government in the fallout from his comments that the majority of Britons had "never had it so good" despite the "so-called recession".
Insurance Age blog: Brokers - out of date or keeping it real?
Broking is a rather traditional and conservative market. That's not to say it is backward - far from it.
Coface returns to profit
Trade credit provider Coface has announced operating profit of €89 million in the first nine months of the year compared to a loss of €240 million in the same period of 2009.
Axa signs up to Powerplace
Powerplace has finally secured what it describes as the “3 As” after announcing Axa’s intention to join its panel.
Purple replaces Zurich with Groupama
Purple Partnership, the Jelf-owned network, has announced Groupama Insurances as a new commercial key partner, replacing Zurich on its panel of supporting insurers.
Evolution unveils iphone app for brokers
Evolution Underwriting has launched a service for brokers allowing them to manage their customers, policies and quotations on an iPhone.
"Ghost" brokers charged with offences totalling £500,000
Three individuals - a man and a woman from Kent and a man from West London - have been charged with motor insurance fraud, tax fraud and money laundering with offences totalling £500,000.
PB Week: Castles and conferences
It's not often we get out at the CII, so when we do we need to make the most of it, writes Alasdair Stewart, head of business development, general insurance, at the Chartered Insurance Institute.
ABI issues advice for Cornwall's flood victims
The Association of British Insurers (ABI) has issued advice for people who have been flooded following heavy rainfall in Cornwall.