News
UK insurance consumers seeking return to "corner shop" approach
Some 72% of UK consumers would show greater loyalty to insurance providers that demonstrate they know who they are and can refer to all aspects of the client’s history during any transaction, according to research.
Axa launches online portal for personal lines brokers
Axa Insurance has launched an online portal for independent personal lines brokers called PartnerSpace, which provides a forum designed to allow intermediaries to discuss business issues and ideas with the insurer and their peers using social media…
Coversure opens new branch in Leicester
Coversure has opened its 90th office with the opening of a new branch in Leicester. It follows recent openings in Newcastle, Tamworth and London.
Ecclesiastical hires former RSA broker director in newly-created role
Ecclesiastical has appointed Kevin Jones, who was formerly commercial director in the UK broker division at RSA, in the newly-created role of director of strategic development.
LV sees broker business soar by over 50%
LV’s results for the six months ending 30 June 2010 have revealed a 56% increase to £300.6m (H1 2009: £193.1m) in broker business.
Marsh raids Aon for director in Isle of Man
Marsh has appointed Ann Collins to the newly created role of client service director of its insurance broking operations on the Isle of Man.
CII launches online ethics course
The Chartered Insurance Institute (CII) has launched an online learning course in ethics for all Personal Finance Society (PFS) and CII members in response to a dip in public confidence in insurance.
EU gives green light to super regulators
The European Union (EU) has reached an agreement on the reform of financial supervision, paving the way for the creation of new pan-EU supervisory authorities which will oversee controls on banks and insurers.
Omega hires MD from RK Harrison
Omega Insurance Holdings has announced that David Reed will become managing director of its managing agency Omega Underwriting Agents subject to regulatory approval.
Fraud blamed for record motor premium rise
Fraud is pushing car insurance premiums up faster than ever, according to AA Insurance.
Lloyd's joins forces with brokers in Ipad trial
Lloyd’s has joined with brokers Marsh, Cooper Gay and RK Harrison Group to trial the use of Ipads in its underwriting room.
Arista boosts Bristol team with hires from Chartis, NIG and Axa
Commercial lines underwriting specialist Arista Insurance has made three appointments to further strengthen its Bristol office.
Brokers fighting harder to get claims paid, says Biba
Brokers have to fight harder to get claims paid during the economic downturn due to stricter policy interpretations and anti fraud-systems by insurers, according to the British Insurance Brokers' Association (Biba).
National insurance holiday for regional start-ups begins
A new regional National Insurance Contributions (NICs) holiday for new businesses came into effect today (6 September, 2010).
Bluefin appointed as broker for Scottish Premier League
The Scottish Premier League (SPL) has appointed Bluefin as its nominated insurance broker to place its central programme for member clubs including Celtic, Rangers and Dundee United.
PB Week: Embracing the digital marketing future
The brokers I meet to discuss digital marketing tend to fall into one of two camps.
Gadget insurance comparison service launched
Aggregator Moneymaxim.co.uk has announced the launch of what it claims is the UK's first gadget insurance comparison service.
FSA imposes lifetime ban on broker
The Financial Services Authority (FSA) has banned insurance broker David Marriott for persistent misuse of client money after using clients funds to support his businesses and finance bonuses, salary increases and new cars.
Broker employee management system launched
Compliance Management Services has launched its paperless people management system Streamline Solutions to the wider broking community following a pilot.
Allianz hires new household claims chief from AIG
Allianz has appointed Gary Coton as household claims operations manager.
Ink joins with St Giles to launch solicitors PI offering
Ink Underwriting Agencies and St Giles Legal and Professional Risks have joined forces to create a new professional indemnity (PI) insurance facility for solicitor firms with between one and 25 partners.
HDI-Gerling opens new branch in Dublin
HDI-Gerling has announced the creation of a new branch in Ireland.
Abbey increases profits in first half
Abbey Protection has announced an 11% increase in pre-tax profits to £4.7m for the first six months of 2010.
County Insurance moves for growth
County Insurance is moving to new premises in Crewe Business Park, in Crewe, Cheshire, to facilitate growth plans. This move will take effect from 6 September 2010.