News
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.
Deadline approaches for entries to the 2010 UK Broker Awards
There are less than two weeks remaining to get your entries in for the 2010 UK Broker Awards, the only industry awards dedicated to the broking community
Business confidence dented by forthcoming Budget
According to latest Economy Watch survey by the Forum of Private Businesses, confidence has been impacted by fears that increases in the Budget culd hit small businesses hard.
Lloyd's broker reveals "aggressive" growth plans following £1.4m investment
Lloyd’s broker NCG Professional Risks has unveiled plans to expand its UK retail business and explore acquisition opportunities following the announcement that it will receive a £1.4m investment, subject to regulatory approval.
Regulator dished out £33m in bonuses last year
The Financial Services Authority (FSA) paid out £33m in bonuses last year and pays, on average, over £92,000 to its 3,300 employees.
Scotland business start-up rate falls significantly
Sir Tom Hunter has commented that Scotland is facing a declining rate of business start-ups.
Biba calls for freeze on Insurance Premium Tax
The British Insurance Brokers’ Association (Biba) is urging the Government not to increase the 5% rate of Insurance Premium Tax (IPT) on insurance products in its next Budget on 22 June 2010.
RSA SME boss Norgrove to move to Travelers
Ken Norgrove, director of small to medium sized enterprise (SME) business and chief executive of group renewable energy at RSA, is to return to Ireland to take a role at Travelers.