News
Expo introduces clinics
The Broker Expo has expanded its workshop programme for 2010. Building on the practical aspect of the successful workshop programme, new focused broker clinics have been developed to give brokers the opportunity to delve deeper into the issues that…
Motor insurers' excuses for poor results rejected
Insurer claims that increases in bodily injury costs are to blame for poor performance in the private motor market may be misleading, according to industry experts.
CBG reports fall in revenue but rise in profit
CBG Group has reported an 11.6% fall in revenue to £4.09m for H1 2010 (H1 2009: £4.63m) following the disposal of “non-core elements” of its personal lines business in February this year.
Thistle establishes professional liability practice with new hire
Thistle Insurance Services, a member of the Jardine Lloyd Thompson (JLT) Group, has appointed Zahid Naqvi, as director of its professional liability practice.
Thomas, Carroll comes out on top at this year's Broker Awards
Thomas, Carroll walked away with Intermediary of the Year and chairman John Moore bagged the Achievement Award at this year's UK Broker Awards.
Quinn's UK commercial insurance ban stands
The Irish regulator and the Central Bank have confirmed an earlier decision that prevents Quinn Insurance writing commercial insurance in the UK.
WCM appoints Jim Ramage as non-executive director
Lloyd’s managing agent Whittington Capital Management (WCM), part of insurance investor and services provider Whittington Group, has appointed Jim Ramage as an independent non-executive director.
CII launches cheaper student membership scheme
The Chartered Insurance Institute is launching a reduced-price membership scheme for UK university students to attract more talent to the insurance and financial planning sectors.
Insurance Age blog: Can brokers save the industry's cred?
Since I started writing for Insurance Age in July last year I have heard so much said about how the public perception of insurance needs to change.
Arc wins Aviva contract
Arc Legal Assistance has been appointed by Aviva as provider of its household and travel legal expenses to a significant proportion of its personal lines customers.
European trade credit insurance market turns corner in 2010, according to Marsh
New insurance capacity, increased competition for business among insurers and improved risk management have led to positive developments for buyers of trade credit insurance across most of Europe in 2010, according to Marsh.
Landlords need to protect against increased dope farming
Following a recent report by the Association of Chief Police Officers (ACPO) highlighting the breadth of cannabis farming in the UK, Aviva has warned property owners to be vigilant when vetting potential tenants, as well as inspecting their properties,…
Axa selects Martin Eyres to lead mid corporate risks
Axa has appointed Martin Eyres as head of mid corporate risks.
Cunningham Lindsey introduces regional structure in bid to work more closely with brokers
Cunningham Lindsey has restructured its property services division with the creation of a regional structure, covering: London; the South; Midlands and East Anglia; the North and Northern Ireland; and the North East and Scotland.
Ecclesiastical pulls out of the London market
Ecclesiastical has announced its plans to cease underwriting London market business and begin the run-off of the existing portfolio of its subsidiary Ecclesiastical Underwriting Management (EUM).
PB Week: Hitting the wall
As a business consultant for firms across a range of different industries I see a wide variety of weird and wonderful - and often less than wonderful - things going on in companies.
Cobra returns to profit
Cobra Holdings has reported a pre-tax profit of £392,000 for the year ended 31 March 2010, compared to a loss of £23,000 the previous year.
Goldman Sachs hit with £17.5m FSA fine
The Financial Services Authority (FSA) has fined London-based firm Goldman Sachs International (GSI), part of the Goldman Sachs Group, £17.5m for breaching FSA principles.
The Policy Shop creates property division
Coventry-based broker The Policy Shop has launched a new property division which will lead to the creation of up to 40 new jobs over the next 12 months.
Keychoice Underwriting launches to broker members
SSP-owned commercial underwriting agency, Keychoice Underwriting, has officially launched its commercial combined, package and property owners products to Keychoice Network members, with additional commercial lines products to follow later in the year.
Sullivan returns at Willis
Former AIG boss Martin Sullivan, who was in charge during the financial crisis, returns to work.
Willis to appeal Indian regulatory renewal rejection and form new joint venture
Willis Group Holdings is to appeal the decision by the Insurance Regulatory Development Authority (IRDA) that it is "not inclined to accept" the license renewal application of the broker's joint venture in India, Willis India Insurance Brokers Pvt…
TGIC reports rise in profits and turnover
The Green Insurance Company (TGIC), which was set up three years ago, has reported a pre-tax profit of £670,000 for 2009, up from £35,000 the previous year.
David Oliver Associates launches new commercial policy
Underwriting Agency David Oliver Associates (DOA) has chosen Sterling Insurance Company to underwrite its new Platinum Commercial Combined policy.