News
FPB issues World Cup advice
With the football World Cup just over a week away, the Forum of Private Business has advised its members to plan ahead for the likelihood that some employees will take more of an interest in their team’s fortunes than their duties and want to watch games…
Junction reveals "ambitious" growth plans
Junction said it aimed to more than double compound sales in next three years.
Groupama appoints new chief actuary
Groupama has appointed Niraj Shah as chief actuary. He takes over from Steven Blake who will be leaving the company at the end of June to take up a senior management appointment at RSA.
Chubb announces £41.5m Lloyd’s Syndicate
Chubb Insurance has announced that it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. It will commence underwriting from 14 June for business incepting from 1 July 2010.
IAG boosts UK claims reserves
Insurance Australia Group (IAG) said that due to a "significant deterioration in UK claim experience", in particular bodily injury claims, it has conducted an independent actuarial review of its UK business.
Willis Commercial Network celebrates two CII awards
Willis Commercial Network has announced that two members, Heartland (Midlands) and Peter Hattersley & Partners, have been recognised with 2010 Chartered Insurance Broker Awards by the Chartered Insurance Institute.
Product review: Vehicle liability to cover smaller fleets
Broker ratings: The products reviewed here by brokers are rated from one to five, based on the policy’s key benefits.
Aon kicks off four-year Manchester United shirt sponsorship
Aon has today kicked off its four-year shirt sponsorship of Manchester United with a programme of global charity initiatives designed to promote youth development and healthier communities.
Bluefin acquires another broker
Bluefin has acquired St Albans-based Gilbert Business Insurance Brokers (GBIB), Insurance Age has learnt.
Biba news: Joanna Lumley closes Biba conference
Actress Joanna Lumley OBE captivated a packed auditorium for well over an hour during the closing session of this year's Biba conference.
Broker reveals plans to double in size
Wigan-based Alker Brothers, which is part of Cullum Capital Ventures (CCV), has rebranded as Alker Insurance Brokers and moved offices in a bid to double in size in three years.
Quinn may have to raise commercial rates by 3000% to secure UK re-entry
Quinn Insurance may have to increase rates on its UK commercial premiums by 3000% to secure regulatory approval to re-enter the market.
HDI-Gerling announces opening of regional hubs
HDI-Gerling Industrial Insurance Company UK has announced the formation of two new business divisions together with the creation of a new regional structure.
Northern Counties makes non-exec appointment
Mark Wood, managing director of UKGI, has joined Northern Counties Insurance Brokers in a non-executive advisory capacity.
Invicta makes four acqusitions
Invicta Insurance Services has made four acquisitions, which are all effective from 1 June 2010.
News Analysis: Brokers swarm ExCeL at Biba 2010
Emmanuel Kenning reviews a successful Biba conference at which brokers networked with insurance leaders and debated what the future holds under the new Conservative-Liberal Democrat coalition government.
Lorega CEO quits over "difference of opinion"
Loss recovery insurance specialist Lorega has announced that CEO John Sims has resigned with immediate effect.
Aviva launches thermal technology for commercial customers
Aviva has launched a thermal imaging survey service which has been designed to detect loose or corroded connections in machinery and reduce any potential downtime.
FSA extends PPI complaint window
The Financial Services Authority (FSA) has announced a temporary rule to give customers, who recently made a complaint about their payment protection insurance (PPI) policy, more time in which to refer their complaint to the Financial Ombudsman Service …
LV loses out to Fortis in charity deal
Fortis has been chosen over LV to become the insurance partner of the rebranded charity Age UK.
ICO warns of data breach risk
With the number of personal information data breaches reported to the Information Commissioner’s Office (ICO) reaching 1,000, the privacy watchdog is urging organisations to minimise the risk of mistakes.
FSA signs off 9.9% rise in funding
The Financial Services Authority (FSA) has confirmed its annual funding requirement for 2010/11.
Chase Templeton hires marketing team
Blackburn-based insurance intermediary Chase Templeton has announced the appointment of Alec Broughton as head of marketing and Gillian McCammon as marketing manager.
Confused creates new marketing role
Price comparison site Confused has announced the appointment of Mike Hoban to the newly-created position of chief marketing officer.