News
Ace appoints president
Ace UK has announced the appointment of Matthew Shaw as president, Ace Global Markets (AGM) and active underwriter for Syndicate 2488.
County Insurance provides soccer sponsorship
Nantwich-based brokers County Insurance has become the new shirt sponsors of Nantwich Town FC.
SMEs predict two year wait for UK economic recovery
The majority (58%) of small to medium sized enterprises (SMEs) believe there will be a two year wait before the country experiences a full economic recovery, according to research from QBE.
Chartis grows regional presence
Chartis Insurance UK has opened an underwriting office in Chelmsford as it continues to grow its regional operations in the UK.
Fortis invests in household risk offering
Fortis has invested in a new suite of computer models from technology provider Business Insight that are designed to predict the relative risk of claims for a number of insured perils across the UK.
Bartlett raids Aon for client relationship director
Bartlett Insurance Brokers Group has announced that Richard Taylor has joined their head office in Leeds as client relationship director.
Westfield Health launches consumer focused online offering
Westfield Health has launched Health365 in a move which it claims will shake-up the health insurance industry.
FSA unveils transformation timetable
The face of the Financial Services Authority (FSA) will start its transformation at the start of next year.
PB Week: Time to take up arms against a sea of legislation?
Deputy PM Nick Clegg's call to arms against pointless regulation and unnecessary bureaucracy was issued on 1 July with the launch of the "Your Freedom" website.
Lloyd's report on globalisation highlights new form of risk
Lloyd’s has published a new report examining the systemic risks associated with globalisation.
THB launches new insurance facility for brokers
THB Risk Solutions has partnered with Residents Insurance Services to offer a new insurance facility for blocks of flats and buy-to-let properties.
CEOs lack commercial cover awareness, says ALP
Nearly one in four CEOs don’t know what claims or eventualities their business is covered for under their commercial insurance policy, according to The Protection Gap survey commissioned by Abbey Legal Protection (ALP).
Ecclesiastical warns of metal theft "scourge"
Specialist insurer Ecclesiastical has warned that many of Britain’s churches and buildings are being systematically targeted by criminals for their valuable metal.
Equity World Cup competition: The perfect match
Spain’s triumph in the World Cup final may not have lived up to expectations — but our competition certainly did.
A-Plan opens new branch
A-Plan has strengthened its regional presence with the opening of a new branch in Poole, Dorset.
RBS to restructure insurance arm ahead of sale
Royal Bank of Scotland is in the process of deciding who will act as an adviser on the restructure of its insurance division in preparation for selling the business.
Insurance premium increases cited by ONS as inflation falls
The Office for National Statistics has revealed that inflation fell to 3.2% in June. The year-on-year rise in consumer prices index which excludes mortgage costs was down from 3.4% in May.
Brit raids RSA for liability portfolio management underwriter
Brit Insurance has appointed Tom Taylor as liability portfolio management underwriter in its London office. Reporting to Jamie McNab, UK portfolio manager for liability, he takes up his position immediately.
First Assist and Morgan Cole join forces
First Assist has signed a deal with Morgan Cole which it claims makes it the first law firm in Wales with delegated authority to provide after the event (ATE) insurance in commercial cases.
Argo International adds to D&O team
Specialist Lloyd’s insurer, Argo International, has appointed Andrew Robertson to expand its directors and officers capability.
Go Compare increases annual turnover by 53%
Go Compare has made a £12m profit during the 2009 financial year following the £4m loss recorded for 2008.
Shortlist announced for UK Broker Awards 2010
Insurance Age is delighted to announce the shortlist for the UK Broker Awards 2010. The event, which is in its 17th year, will take place at The Brewery, Chiswell Street in London on 10 September and will be hosted by comedian Alun Cochrane.
FSA fines broker network director for PPI failings
The Financial Services Authority (FSA) has fined the director of a network for failing to properly supervise appointed representatives (AR) working on behalf of the firm.
Allianz refreshes commercial cover
Allianz Commercial has revamped its commercial select product.