News
Treasury launches regulatory reform consultation
Financial Secretary to the Treasury Mark Hoban MP has today (26 July) launched the Government’s consultation on the implementation of reforms to financial regulation.
JLT expands network in Europe
Three European independent insurance brokers SIACI Saint Honore (S2H), Greco Group (Greco) and Ecclesia Group have come together with Jardine Lloyd Thompson (JLT) to sign an exclusive trading agreement.
Bridle makes another acquisition
Bridle Insurance has acquired Southampton Insurance Services and Simple Insurance Solutions in a six figure deal.
Economic growth in surprise 1.1% climb
An estimate from the Office for National Statistics indicates the economy grew by 1.1% in the second quarter of this year.
ABI reveals fraudulent claims cost more than £16m a week
Insurers are detecting more fraudulent insurance claims than ever according to figures released today by the Association of British Insurers (ABI).
CII elects its 114th president
Chris Hanks, general manager of commercial insurance at Allianz, has been elected president of the Chartered Insurance Institute (CII).
FSCS has paid out over £200m in compensation
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out in compensation to over 21,000 claimants.
Willis slams Aon's stance on contingent commissions
Willis Group Holdings has responded to the announcement by Aon Corporation that it would resume accepting contingent commissions “where appropriate and legally permissible”.
RSA launches online quote and buy facility for brokers
RSA has launched RSA Online, a new service which enables brokers to obtain quotes and bind a policy online.
Ink makes offer for Westinsure
Ink Underwriting has made an offer to acquire the entire share capital of Westinsure.
Three arrested in cash for crash operation
Durham Constabulary’s Serious and Organised Crime Group has arrested three men as part of an ongoing major investigation into organised criminals believed to be involved in ‘crash for cash’ activities.
Fairpoint buys Moneyextra.com for £1
Fairpoint Group has acquired 100% of the share capital of Moneyextra.com in a bid to extend the group from a debt solutions business into a broader-based financial solutions company.
Hill Dickinson confirms Halliwells acquisition
Hill Dickinson has acquired Halliwells’ Liverpool and Sheffield operations.
Head of underwriting leaves DAS
DAS Legal Expenses has confirmed the departure of Mike Timmons.
Bridle Insurance continues on acquisition trail
Bridle Insurance has acquired Leicestershire-based niche personal lines specialist Abbot Insurance for a six figure sum.
BLG scoops Halliwells' insurance partners
Barlow Lyde & Gilbert (BLG) has bolstered its insurance practice with the former Halliwells partners joining the firm in Manchester.
WNS Assistance moves to new offices
WNS Assistance has moved to new offices in Cheadle, Manchester, as part of strategic growth plans over the next three years.
PB offers opportunities to enhance leadership and marketing skills
Professional Broking, the management magazine for broker managers, is pleased to offer some excellent training courses for its readers starting in September.
Employment tribunal claims soar
Figures released by the Tribunals Service show that 236,100 employment tribunal (ET) claims lodged in the year 1st April 2009 to 31st March 2010, an increase of 56% from the previous year.
Government vows to simplify tax
The Chancellor George Osborne and Exchequer Secretary David Gauke today (20 July) established the Office of Tax Simplification (OTS).
Willis steps up contingent commission campaign
Willis Group Holdings has stepped up its campaign against contingent commissions by distributing a third-party white paper written by law firm Edwards Angell Palmer & Dodge detailing what Willis describes as "the conflicts of interest created by the…
Bollington enters into affinity partnership
Commercial broker Bollington has entered an affinity partnership with fleet management specialist Fleet Support Group.
Heath Lambert loses director to Argo International
Argo International has appointed James Russell as underwriter to its professional indemnity (PI) team.
Octagon extends its aggregator presence
Octagon Insurance has joined the comparethemarket.com panel.