News
CBG's Stephen Darcy believed to have left the business
Executive director of insurance broking operations at CBG Group Stephen Darcy has left the company, Insurance Age understands.
L&G creates insurance sales and marketing role
Legal & General has announced the appointment of Gary Pickering to the new role of sales & marketing director for its general insurance business.
FSA announces senior departure following shake-up plans
The Financial Services Authority (FSA) has announced that Mark Norris, chief operating officer and managing director, has decided to leave the organisation to seek fresh challenges and opportunities.
DAS confirms Canadian launch date
DAS UK Group has confirmed that its new Canadian subsidiary, DAS Legal Protection Insurance Company , will start writing business in Ontario on 5 July, followed later this summer in Alberta and British Columbia.
CCV buys Newcastle based Bishop Skinner
Cullum Capital Ventures has confirmed the purchase of Newcastle based broker, Bishop Skinner, its fifth acquisition of the year.
Subsidence claims could flood in during dry spell
With rainfall at its lowest since 1964, it is likely that there could be a rise in subsidence claims, according to Cunningham Lindsey’s latest Subsidence Surge Briefing.
Aviva targets technology market
Aviva has made a number of changes to its commercial combined policies in a bid to better meet the needs of customers within the technology sector.
RSA launches small business combined and yacht covers
RSA has launched a new multi-cover small business combined (SBC) product as well as a new policy for yachts.
Fortis buys Kwik Fit insurance business
Kwik Fit has announced that it has entered into a binding agreement to sell its UK insurance business to Fortis for £215m in cash.
First Zurich apprentices qualify
The first people at Zurich to undergo a new industry-driven insurance apprenticeship have qualified at their Cardiff location.
Equity World Cup competition – week four: It’s all over for England
Following four unconvincing performances by England’s football team, it was down to old foes Germany to put the national squad out of its misery.
Towergate launches new web platform for affiliates
Towergate today announced the launch of Towergateaffiliates.com - a new service aimed at providing website owners and online introducers with the ability to promote Towergate eInsurance product offerings online.
Cable's red tape-cutting committee meets
A new cabinet committee, chaired by business secretary Vince Cable and charged with with reducing the heavy burden of red tape on business, met for the first time today.
AMII calls for cancellation of IPT rise on medical insurance
At its annual conference on 1 July the Association of Medical Insurance Intermediaries slammed the 1% rise in insurance premium tax from 5% to 6% on medical insurance announced in last week’s Budget.
Dual moves into property and casualty market
Dual Corporate Risks has launched a new property and casualty division with initial capacity to be provided by Amlin.
Insurance workers top list of stressed professions
Insurance workers are more stressed out than workers from any other profession, a new survey has revealed.
Markel International refocuses property business
Markel International has reorganised its property division by splitting the current non-marine property division along sector lines.
Canopius acquires KGM
Canopius Group has announced the acquisition of the business of KGM Underwriting Agencies, which manages Syndicate 260, one of two Lloyd's syndicates dedicated to writing motor business, together with approximately 60% of Syndicate 260's capacity.
Jubilee appoints new head of motor
Specialist Lloyd’s insurer, Jubilee Managing Agency, has appointed John Shepherd as head of motor at Jubilee Syndicate 5820. He replaces Julian Cashen who has left the business.
Glacier to be renamed following its acquisition
Torus has today completed the acquisition of Glacier Insurance AG from the Glacier Group.
Polly C
Polly loves a divisive figure and, quite frankly, the insurance industry could do with more of them. There is no denying that the now infamous Gio Compario is the aggregators' answer to Marmite and Polly was pleased to learn that the gregarious tenor had…
News review: June 2010
Online marketplace Ebay was poised to seek a raft of insurance partners as it geared up to launch a financial services offering. Insurance Age's sister title Post learnt that Ebay agreed a partnership with Staffordshire-based intermediary Autonet to help…
E-commerce: Crashing hardware is top business continuity risk
Hardware failure remains the top business continuity risk for UK companies, according to research conducted by Sungard Availability Services.
E-commerce: LFC Shield plans to double broker base with online quote system
Underwriting agency LFC Shield has launched a new online commercial business quote system, which it hopes will help double its broker base to 400 over the coming year.