News
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.
Ace Global Markets appoints head of aviation
Ace Global Markets has announced the appointment of Malcolm Brett as product line head of aviation.
German giant linked to Quinn Insurance bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
RFIB appoints divisional director
RFIB Group, the international Lloyd’s insurance and reinsurance broker, has announced the appointment of Toby Heppel to the role of divisional director in the political, credit and financial risks team.
Moorhouse targets £5m GWP broker acquisition
Welsh broker Moorhouse has announced that it is looking to complement its organic growth with the acquisition of an insurance broker up to £5m gross written premium (GWP).
Knowlden Titlow remains independent after sale
Norwich based commercial broker Knowlden Titlow Insurance Brokers has confirmed future growth plans following its acquisition by Robin Plaster for an undisclosed fee on 20 May.
NIG enhances package products
NIG has relaunched its package products suite within its NIG Network broker system, with revamped products, a new ‘professionals’ product and an enhanced quote system.
Travel insurance fraudster sentenced
A travel insurance fraudster, accused of making £40,000 worth of claims affecting eight insurance companies over five years, has been sentenced.
Calling all UK brokers
There are only two weeks left to get your entries in for the 2010 UK Broker Awards, the only industry awards dedicated to the broking community.
Crawford appoints new managing director
Crawford & Company has appointed Greg Gladwell to the newly-created international position of managing director, Crawford Home.
Bridle Insurance expands into Wales
Bridle Insurance has announced the purchase of Swansea-based broker Associated Householders Services, which is better known as AHS Insurance.
Hastings announces £20m cash injection
Broker Hastings Direct has agreed a £20m three-year financing facility with Lloyds TSB Corporate Markets.
Capita receives Lloyd's approval
Capita Managing Agency, part of the Capita Group, has announced that it has received approval from Lloyd’s to manage live syndicates.
CNA unveils senior hires
CNA Insurance Company has announced the appointments of Paul Dowling and John Taylor to the newly-created roles of chief underwriting officer, commercial lines and chief underwriting officer, specialty lines, respectively.
CCV snaps up broker
Cullum Capital Ventures (CCV) has announced the acquisition of Hertfordshire-based brokers Humbergrove and Humbergrove UK.
Marsh launches insolvency practice
Marsh has launched a dedicated practice to provide risk and insurance advice to insolvency practitioners in the UK.
Equity Red Star appoints underwriting manager for Scotland
Equity Red Star has announced the appointment of Iain Torrance as underwriting manager for Scotland, heading up its fleet and motor accounts in the region. He will be based in the insurer’s Glasgow office which opened in April 2008.
Majority of SMEs have inadequate cover
Less than one in three (30%) small to medium sized enterprises (SMEs) in Europe believe they are insured in the event that a professional mistake leads to them being sued, according to research from Hiscox.
QBE addresses market rumours
QBE has issued a statement regarding its potential exposure to the Gulf of Mexico oil rig disaster and Insurance Australia Group's (IAG) announcement on motor liability claims.
LV opens new broker office in Exeter
LV Broker has announced it is opening a new office in Exeter and has appointed Steve Meredith as regional manager for the South West.