News
QBE wins Towergate property account
QBE has confirmed that it has entered into an agreement to be the insurer for Towergate’s commercial property owners business.
Allianz updates business cover
Allianz Commercial has announced a revamp of its Commercial Select product.
Powerplace opens up to wider market
Towergate's online system has extended its reach from Open GI users to all commercial brokers
Jelf unveils Les Owen as new chairman
The Jelf Group has appointed Les Owen as its new non-executive chairman following the retirement of David Walker.
Cooper Gay plans to double worldwide binding authorities
Cooper Gay has announced plans to double the number of binding authorities it handles worldwide within three years, following the appointment of James Kininmonth as MD of its underwriting and distribution management (UMD) division.
Insurance net exports reach record level
Figures from TheCityUK’s annual report, UK Financial Sector Net Exports, have shown that insurance net exports reached a record £8.3bn in 2009.
ABI appoints new investment committee chairman
Alain Dromer, chief executive of Aviva Investors, is to become the next Investment Committee Chairman of the Association of British Insurers (ABI).
Octagon appoints claims director
Octagon has announced the appointment of Peter Goodright as claims director.
Aon reports fall in UK revenue
Aon today reported commission and fees in its UK arm declined 8% to $167m in the second quarter of 2010 (Q2 2009: $181m).
Oxygen appoints new head of corporate risk office
Oxygen Insurance Brokers has appointed Simon Rowlands as head of office at Oxygen Corporate Risks in Leeds.
JLT reports strong first half results
JLT starts the year strongly with £70m of profits and good trading in Australasia and Latin America.
Lorega announces ATE service launch
Lorega has launched a new after the event claims preparation, mitigation and negotiation service.
ABI flood defence warning
The Association of British Insurers has warned the coalition government must make investment in flood defences a priority despite the squeeze on spending
Government to scrap default retirement age
Employers will no longer be able to make people retire at 65 under new laws.
Willis reports return to UK growth
Willis has reported net income from continuing operations for the quarter ended 30 June 2010 was $89m. The figure is above last year’s $87m in the same period.
APC launches second product in Ireland
APC has launched a new office product specifically designed to cover Ireland’s traditional and home based businesses.
IAG Neil Utley backs £74m buyout
KBC Group and KBC Peel Hunt have reached agreement on a buy-out of KBC Peel Hunt for a total consideration of £74m.
Fears white paper proposal could hamper PMI
The coalition Government's decision to turn its back on its 'preferred provider' policy could pose a threat to the private medical insurance (PMI) industry, according to the Association of Medical Insurance Intermediaries (Amii).
Biba urges Amii to join forces to form a single 'louder' voice
The Association of Medical Insurance Intermediaries (Amii) has rebuffed advances from the British Insurance Brokers Association (Biba) to merge the two organisations.
Polly C - the hottest insurance gossip
Since RSA began celebrating its 300th birthday, Polly has attended several of its soirees where its commemorative beer, brewed by Shepherd Neame, has been in copious supply. It was no different when she attended its launch of RSA online at the British…
News review: July 2010
A review of July's industry news.
Viewpoint: It's PPI payback time
After months of speculation, the letter has arrived. Andrew Welch explores just how hard brokers have been hit by this year's soaring FSCS levy as the FSA claws back cash to cover claims from mis-sold PPI policies.
Broker Forum: PPI - possible solution
From the broking.co.uk Broker Forum, July 2010.
Letters: Brokers must invest in e-commerce
Mark Roberts of CGI is right to warn brokers to invest in e-commerce (Insurance Age, July 2010).