News
Spending Review 2010: Concerns aired over SME impact
Andy Tait, executive director at specialist business finance provider Bibby Financial Services, said it supported attempts to make the public sector leaner but questioned how the cuts would affect the small to medium sized enterprise (SME) sector.
Spending Review 2010: National Friendly calls on private healthcare sector to prove its worth
Richard Sear, CEO of National Friendly, said the organisation was pleased the coalition Government is standing by its commitment to protect the NHS from spending cuts but said that the strain on front-line services is only just beginning.
PB Week: The web and the great cross-sell, up-sell conundrum
The quest to up-sell features and cross-sell products is one that has always troubled heads of sales, writes Peter Dunkley, marketing director at Total Objects.
Quinn bidders fear outstanding claims, according to reports
The Irish Independent has reported that several of the five bidders for Quinn are reluctant to buy the whole company fearing the outstanding claims and liabilities caused by previous management.
Hiscox launches new charities product
Hiscox has launched its new Charities Insurance Portfolio product for charities, clubs and associations.
Spending Review 2010: AA disappointed at drop in flood defence spending
AA Insurance has voiced its concern that spending on flood defence will not be maintained at current levels.
Spending Review 2010: Forum of Private Business voices job creation worries
The Forum of Private Business has reacted to the “tough choices” faced by the coalition goverment in implementing “painful public spending cuts for many small businesses as well as the public.”
Spending Review 2010: Zurich Municipal warns against "knee jerk" reactions
Andrew Jepp, head of local government at Zurich Municipal, said the extent of todays cuts are "every bit as severe as expected".
Spending Review 2010: ABI and Biba disappointed over flood defence cuts
The Department for Environment, Food and Rural Affairs (Defra) has seen its budget cut from £2.9bn this financial year to £2.2bn in 2014-15. The settlement provides for £2bn to be spent on flood and coastal defences over the Spending Review period,…
FSA revokes regulatory permission for underwriting agency
The Financial Services Authority (FSA) issued a final notice dated 19 October, 2010, to Essex-based Ferryman Underwriting Agency, about a decision to cancel the permission granted to carry on regulated activities.
Spending Review 2010: Coalition is "gambling" that private sector will step up to the plate
The UK will return to recession if the private sector does not step forward, Travelex Global Business Payments has warned.
Spending Review 2010: Osborne sets out "unavoidable" choices
Chancellor George Osborne is in parliament now setting out his Spending Review which includes £7bn of savings from welfare
Hastings appoints former Kwik Fit ecomms and marketing chief
Broker Hastings Direct has appointed Michael Lynch as its new head of marketing services.
JLT announces new appointments
Nigel Bartlett has been appointed as partner, working within JLT's regional partnership division, and John Astill has been hired to drive business development for the corporate recovery risks team.
Spending Review 2010: Public sector net borrowing breaks records in September
George Osborne's cuts could be timely after latest public debt figures
Brit confirms Vivek Banga as Tim Grant's replacement
Vivek Banga, currently UK distribution leader, small business and personal lines, is to take up the role of head of UK distribution with immediate effect.
Spending Review 2010: Survey reveals business confidence split
Some small business owners’ are more pessimistic about the future because they fear the impact of imminent public spending cuts, according to new research from the Forum of Private Business.
Spending Review 2010: Mixed regional picture for number of start-ups this year
Ahead of today's publication of the Government's Comprehensive Spending Review tomorrow, data provided by Simply Business shows that the UK's start-up sector has experienced a fragile recovery in 2010, with the first increase in the start-up rate for…
CBG scores insurance deal with rugby star
CBG Group's specialist division CBG Sports has been appointed to provide insurance cover for the luxury car business owned by by England rugby star Paul Sackey.
Access buys AT Bell in bid to become leading broker in third sector
Access Insurance has acquired AT Bell Insurance Brokers' client portfolio and staff to grab a larger share of the specialist charity and church market.
Travel broker feels insurer ash cloud reaction has been too slow
Specialist broker feels insurers should do more to cover gaps in policies
Willis develops group mining practice
Willis has brought the leaders and teams of its main mining businesses under one umbrella to create a worldwide group practice, reporting to Steve Hearn, London-based chairman of global markets international.
IUA warns of insurance regulation challenge
A lack of qualified staff threatens to undermine government plans to reform financial regulation in the UK, the International Underwriting Association (IUA)has warned.
Transactor announces expansion plans as turnover rises 22%
Software provider Transactor has confirmed plans to grow from 55 to 200 brokers by 2016 as it announced an increase in turnover of 22% to £4.5m for the year ending March 2010.