News
Marsh and Mercer merge in Manchester
Marsh and Mercer have announced the consolidation of their Manchester operations into one location.
Aviva shares climb following reports of audacious RSA approach
According to Sky News, RSA has put in an offer to Aviva for its entire general insurance arm
PB launches special digital only Green edition
PB has launched its first special digital only issue using the latest page turning technology to offer an in-depth guide on how best to adapt to the green economy.
Personal Finance Society appoints ‘champions’ to promote chartered status
The Personal Finance Society has appointed 21 financial planners as ‘chartered champions’ across the UK.
Lucas Fettes launches motor trade scheme for classic car market
Lucas Fettes has launched a new bespoke classic car scheme for the motor trade underwritten by Brit Insurance.
Moorhouse subsidiary targets Northern Irish liability market
Constructaquote.com has expanded its tradesman and small business liability product into Northern Ireland.
Brit nominates former Zurich chief for top financial role
Brit Insurance is set to appoint a new group chief financial officer to replace the departing Matthew Scales.
PB Week: Bringing a scheme to life
In my role I see lots of scheme propositions from brokers. Some are well established and others are in their early stages. So what makes a scheme a success?
Mervyn King warns UK economy facing “choppy” recovery
The Bank of England has cut its growth forecasts for the UK economy to around 3% for the next two years, down from its previous prediction of around 3.5%.
Beachcroft calls FSA’s PPI policy statement ‘very bad news’
Law firm Beachcroft has criticised the FSA’s policy statement on payment protection insurance.
Ace joins PowerPlace panel
Ace has joined PowerPlace’s panel of insurers and will be making its directors & officers’ product available from 24 August.
Video: Axa claims MD puts weight behind broker levy fight
Axa's managing director of claims, David Williams, talks to Insurance Age about the FSCS levy and insurer responsibility for PPI mis-selling.
Obituary of Allan Bridgewater
Allan Bridgewater, former chairman of the Association of British Insurers, president of the Chartered Insurance Institute and leader of Norwich Union died on 5 August aged 81.
FSA demands firms implement new measures to protect PPI customers
The Financial Services Authority (FSA) has given firms until the end of November to implement a set of new measures intended to help protect consumers in the payment protection insurance (PPI) market.
Report: motor insurance at a "crossroads"
Insurers need to change their marketing message in the personal motor market, research in the sector has revealed.
Axa launches SME product on Acturis
Axa has released a commercial combined e-trade product to brokers on the Acturis platform on an open market basis.
Zurich raids Axa for property head
Zurich UK has announced the appointment of Peter Clark as head of property and strategy exposure management, commercial lines, effective 1 October 2010.
Brokers targeted with new PowerPlace appointment
Online commercial insurance marketplace PowerPlace has appointed Darren Rowe as sales director.
AIG's insurance operation Chartis maintains operating income while group makes loss
American International Group’s (AIG) general insurance operation Chartis, has reported operating income before net realised capital gains of $955m for Q2 2010 (Q2 2009: $1bn).
RPC research shows FSA resignations up 128% in a year
There has been a 128% leap in the number of staff resigning from the Financial Services Authority in just one year as the government proposes to abolish the regulator, according to city law firm Reynolds Porter Chamberlain.
Dual targets SMEs via e-trading
Dual Corporate Risks has launched an e-business strategy targeting small to medium enterprise business (SME).
Insurance rates fall across EMEA, says Marsh
Insurance rates have fallen for certain classes of business across Europe, the Middle East and Africa (EMEA) during the first half of 2010, according to research.
Groupama's broking business revenue remains flat
Combined revenues of Groupama Insurance's UK broking businesses have remained relatively flat at £33.3m during H1 2010 (H1 2009: £34.1m).
Commission seeks input on reforming broker liability
The Law Commissions of England and Wales and of Scotland are seeking views on whether section 53 of the Marine Insurance Act 1906 is still needed.