News
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.
Henderson unveils a dozen new hires
Leeds-based Henderson Insurance has revealed a raft of 12 new appointments, all made within six weeks.
PB Week: World Cup time
On Friday it is the start of the World Cup and some industry pundits give their verdict on who is going to win in the latest PB Week.
FSA bans two insurance brokers
The Financial Services Authority (FSA) has taken action against two insurance brokers - Delwyn Way of Shield Insurance Consultancy and Adrian Shillaker of Griffiths McAlister Insurance Brokers for failing to adequately protect client’s money and assets.
Directors leave Quinn Group
Five directors have left the board of Quinn Group (ROI) in a move that could pave the way for the Quinn family to acquire Quinn Insurance, according to reports.
Cunningham Lindsey strengthens board
Jonathan Clark and David Aiston (pictured) promoted at loss adjuster
MMA opens Newcastle office and reveals team to lead growth in the region
Broker insurer MMA has opened the doors to its new regional office in Newcastle and announced the team which has been appointed.
Cooper Gay and Swett & Crawford confirm deal to create broking giant
Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, and US wholesale broker Swett & Crawford have confirmed they are in advanced deal discussions.
Online commercial MGA partners with THB
Insureit UK, the online commercial insurance managing general agency (MGA), has chosen THB Risk Solutions as its distribution partner in time for the launch of a new range of commercial insurance solutions for brokers.
Number of travel insurance policies increases by 9.5%
According to Defaqto, there has been a 9.5% increase in travel insurance policies despite a decline in overseas travel.
Middle departs from Axa
Anthony Middle has left Axa, where he is managing director, commercial lines, to join Aviva in the role of strategic partnership director. He is on six months 'gardening' leave.
Survey shows employee absence costs UK economy £17bn
Employees took 180 million sick days last year, averaging 6.4 days each, according to the latest CBI/Pfizer Absence and Workplace Health Survey.
Argo raids CNA for claims chief
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has appointed Ruth Roberts as head of claims.
Cobra Network appoints Home & Legacy
Cobra Network has announced the recruitment of Home & Legacy to provide additional mid and high net worth expertise to its insurance panel.
FSA authorisation time increasing, says RPC
The length of time that financial services firms are having to wait to get authorisation from the Financial Services Authority (FSA) continues to climb "inexorably", says law firm Reynolds Porter Chamberlain (RPC).
Equity Red Star launches over 50s PA policy
Equity Red Star has launched its ‘Over 50s Accident Plan’ to cater specifically for the over 50s sector.
Plum outlines growth plans
Non-standard household specialist Plum Underwriting has announced a raft of changes to the business as part of its "aggressive" growth plans first announced in March.
World Cup insured for £6.2bn, says Lloyd's
The most watched sporting event in the world, the football World Cup, will be insured to the tune of an estimated £6.2bn when it kicks off in less than a week according to Lloyd’s.