News
Fusion founders Pallett and Crisp join Aspen
Aspen Insurance UK, a subsidiary of Aspen Insurance Holdings, has announced the appointment of Kevin Pallett and Geoff Crisp to launch a range of new insurance and risk management products for selected brokers and their clients in the UK market.
UK inflation rate falls
The Office for National Statistics has announced that the consumer prices index measure of annual inflation fell to 3.4% in May from 3.7% in April.
RSA's Devitt to depart UK business
RSA’s sales and strategic relationship director Aaron Devitt is to leave the UK business after taking an internal promotion in Copenhagen.
Total Objects wins London Market project
Software company, Total Objects, has been chosen to manage the ECF2 Market Acceptance Testing project for the London Market.
AMII warns Government off IPT increase
Any rise in insurance premium tax (IPT) will severely hit an NHS already under pressure, according to the Association of Medical Insurance Intermediaries (AMII).
Argo moves into entertainment with Mitsui appointment
Argo International, the specialist Lloyd's insurer and subsidiary of Argo Group International Holdings, has expanded its specialist portfolio with the addition of entertainment to its underwriting business.
Axa appoints former Allianz man as property chief
Axa Insurance has appointed Tony Hutchins as its new head of property insurance. Mr Hutchins has joined from Allianz Commercial where he was UK head of property and risk control.
Broker founder joins IIB as director
Bob Pybus, director and founder of broker NPA Insurance, has been appointed to the board of the Institute of Insurance Brokers
Business confidence suffers record drop
Findings from the latest BDO Business Trends report have shown a sharp drop in business confidence.
Report puts UK national debt at nearly £5trillion
The Institute of Economic Affairs has estimated that the national debt including pension liabilities and likely liabilities to be incurred by the government in respect of the banking sector is £4.8 trillion (333% of GDP).
Evolution teams up with Groupama for tradesman launch
Evolution Underwriting has launched a fully autorated tradesman liability product, Trade Protector Plus, on its Stingray trading platform.
PowerPlace appoints finance director
Online commercial insurance marketplace, PowerPlace, has appointed Robert Appleton as finance director.
Ex-Oamps director joins Stonebridge
Paul Beck, formerly operations director at Oamps, has joined five year old commercial insurance broker Stonebridge.
Management changes at Heath Lambert in Leeds
Heath Lambert has announced that Leeds head of office John Dakin is moving to its national corporate team to focus on large accounts in Yorkshire and corporate relationships in the surrounding Leeds area.
Brit rejects PE valuation following share offer
Brit Insurance has confirmed that it has received an offer for the business from private equity firm, Apollo Global Managment.
Experian urges SMEs to check their own business credit scores
Experian has advised small and medium sized enterprises (SME) in the UK about the importance of actively monitoring and managing their own business credit scores to put them in the best possible position to secure credit, business loans, tenders or…
Ink moves offices to accommodate growth plans
Ink Underwriting Agencies has relocated to new offices at Vantage House in Rayleigh, Essex, in order to accommodate growth plans.
RSA chairman slams Obama's "anti-British rhetoric" over BP
Barack Obama has been labelled anti-British for his attack on BP in an open letter from John Napier, chairman of RSA.
Brit shares up 20% following private equity approach
Brit Insurance's shares have shot up in value in the first two and a half hours of trading this morning to 881 pence.
Incisive Media wins best digital publisher award
Incisive Media, publisher of Insurance Age, Professional Broking and www.broking.co.uk has won a sought after online publishing award.
Jonathan Evans elected parliamentary group chair
The All Party Parliamentary Group on Insurance and Financial Services elected former trade minister Jonathan Evans as its new chairman at a meeting in the House of Commons on 9 June, writes David Worsfold in his Parliamentary Connections blog.
Knowlden Titlow hires sales and marketing manager
Former Towergate employee Michael Buse has been appointed sales and marketing manager at Norwich-based Knowlden Titlow Insurance Brokers.
PJ Hayman calls for IPT standardisation
PJ Hayman, specialist travel insurance and Schemes provider, has called on the new Government to reassess the level at which Insurance Premium Tax (IPT) is charged on travel insurance.
South West is the safest area in UK for burglary
Findings published by Endsleigh Let, which identify the top ten safest towns and cities in the UK for rented accommodation burglary, include four areas in the South West: Bournemouth, Swindon, Bath and Plymouth.