News
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.
Insurance Age blog: Broking - the stuff childhood dreams are made of?
As the new school year starts and the latest round of tearful parents wave their children off at the gates, their hearts full of hope that their little darling will eventually emerge from the education system as a brain surgeon or barrister, it seems as…
Axa appoints finance head
Waseem Malik has been appointed to the role of finance director at Axa Insurance.
QBE denies CEO replacement speculation
QBE chairman, Belinda Hutchinson, branded rumours that QBE is searching for an external replacement for CEO Frank O'Halloran as "completely false".
Series of appointments at Aon
Aon Risk Solutions has appointed Craig Preston as area director responsible for Aon corporate’s Reading and Southampton offices.
Ex Axa CEO joins Chaucer as non-exec director
Chaucer Holdings has announced the appointment of Mark Wood as a non-executive director from 1 September 2010.
Product review: Three options to suit all homes
The products reviewed in this article by brokers are rated from one to five, based on the policy's key benefits.
Arista reports 21% rise in income for H1 2010
Commercial lines underwriting specialist Arista Insurance has recorded a 21% increase in income in the first half of 2010, compared with the same period last year.
Aon Benfield appoints ratings agency head in UK
Aon Benfield has appointed Chris Myers as head of rating agency advisory for its UK and Europe, Middle East, and Africa regions.
Oval wins out of court settlement against former employees
The latest consolidator enforcement of restrictive covenants has seen Oval agree an out of court settlement with two former employees.
Marsh appoints new national corporate chief in the North
Marsh has appointed Richard Lloyd as head of its national corporate business in Carlisle and Newcastle, which provide risk and insurance advice for mid to large size corporates throughout the North of England.
Insurance Age has started blogging ... at last
Insurance Age now has its very own blog produced by the editorial team, editor Martin Friel, news editor Louise Meeson and senior reporter, Liz McMahon. Read on for the first couple of posts ...
Name change for NCG
NCG Professional Risks, the London-based Lloyd’s insurance and reinsurance broker, has changed its name to Oxford Insurance Brokers.
Ecclesiastical reports interim losses
Ecclesiastical has announced a loss of £9.9m in the first half of 2010. The figure is in stark contrast to the same period in 2009 when the insurer made a profit of £25.7m.
PB Week: On the march with the Tartan Army
It was with a sense of optimism that David Ross, the Chartered Insurance Institute’s director of communications, and I set off to Stockholm recently for a football friendly.
Brit Insurance boosts Glasgow operations
Brit Insurance has appointed Denise Fletcher and Karl Weidner to its Glasgow office. They join the property combined team, headed by Suzanne Sadahew, as underwriter and assistant underwriter respectively.
RBSI announces office closure plans and job cuts
Royal Bank of Scotland Insurance is to close 14 of its offices and plans to cut staff numbers at 12 other sites.
Fusion raids Allianz and Marsh for two broker-facing hires
Fusion has announced two key appointments which the company said reflects it commitment to "providing brokers access to a quality underwriting capability".