News
CII aims to improve claims process with formation of new think tank group
The Chartered Insurance Institute (CII) has brought together a group of young insurance professionals to consider and develop new and innovative ways to improve the claims process.
Heath Lambert and RAC to launch household products
Heath Lambert has agreed a five year deal with RAC to launch a suite of household products in 2011.
Car insurance premiums continue to rise
The average cost of comprehensive cover increased by 8.6% between July and September, however this is a drop on the 14.2% rise last quarter, according to Confused.com/EMB Car Insurance Price Index.
Quinn Insurance bidders revealed
Anglo Irish Bank, Travelers Insurance and Liberty Global are among the shortlist of five potential buyers for Quinn Insurance, according to reports.
New MGA trade body to help members stand out from crowd
The Managing General Agents’ Association (MGAA), has revealed that it is aiming to make a clear differentiation between its members and the broking community as it called for prospective members and funding support ahead of its official launch in…
Biba launches TV series on YouTube
The British Insurance Brokers' Association (Biba) has launched its first Biba TV series on YouTube.
FSA contests judicial review of PPI
The Financial Services Authority (FSA) has said it will contest the British Bankers’ Association’s (BBA) judicial review of new payment protection insurance (PPI) complaints handling measures.
Meerkat boosts BGL profits
The BGL Group’s financial results for the year July 2009 to June 2010 have revealed an increase in pre tax profit to £62m (H1 2009: £54m) but profit growth dipped to 16% (H1 2009: 24%).
Finch to replace Graham at L&G
Finance director from Lloyds' European financial services arm set to replace Graham after his promotion
Video: Broker Expo workshop - sneak preview
As part of our short series providing you with a sneak preview of the workshops at this year's Broker Expo, compliance expert Branko Bjelobaba gives a rundown of what to expect from his workshop.
Homeserve director moves to Hastings Direct
Hastings Direct has appointed a new business development director, Andy Kirton, to develop its relationship with affinity partners.
Nearly 50 firms to close under SRA's ARP strategy
The SRA has claimed its strategy to manage the Assigned Risks Pool (ARP) more effectively is showing results, with firms paying up over £3/4m of outstanding premiums and 47 firms either closed or in the process of closing.
MMA raids Esure for underwriting director
Former Esure director Colin Batabyal has been appointed as the new underwriting director for MMA Insurance.
Bluefin raids Heath Lambert for London motor director
Bluefin Insurance Services has appointed Chaz Bailey to the newly created role of executive director of motor within their London market broking team.
Axa's Philippe Maso steps down as CEO as part of restructure
Axa Insurance said that an overall CEO role was no longer required after restructuring the business to create two self-contained units - commercial lines and personal lines.
Aon releases water utility insurance offering
Anglian Water has purchased Aon’s insurance product for water utility companies, Water Resilience Insurance.
LMA warns on proposed regulatory system
The Lloyd’s Market Association has argued that the proposed regulatory system for the UK is being created around the banks which will make it over-engineered, unsuitable and unjustifiably costly for the general insurance industry with Lloyd’s brokers…
CBG buys healthcare broker
CBG Group has purchased Rockbridge Healthcare for an undisclosed fee.
News Analysis - Broker growth: A step up before the cuts
In the last three months, the financial sector grew at its fastest since June 2007 according to research from PricewaterhouseCoopers and the CBI, which was good news for brokers.
News Analysis - Gender equality: Ensuring equality
Emmanuel Kenning asks if the insurance industry should be congratulating or chastising itself over its equal pay record between the sexes.