News
News: Opinions differ regarding true meaning of acquisition activity
Industry experts have voiced conflicting opinions over whether a recent rise in insurance market acquisitions signalled a return to the frenzied purchasing of the past or was merely a "blip".
News: You've got to be in it to win it
The 2010 UK Broker Awards are open for entries. Now in their 17th successful year, the awards are the UK's only broker-focused industry event, recognising excellence and innovation in the sector, from small local brokers to strong regional and national…
News: Cash plans set to outdo PMI following broker sales boom
The cash plan market could overtake private medical insurance (PMI) in the corporate sector after providers reported significant growth in intermediated sales.
News: Allianz committed to grow motor book with brokers
Allianz Commercial has signalled its intent to work closely with regional brokers to grow its motor trade book by 11%.
News: RSA set on becoming top three player despite industry doubt
RSA has vowed to get its small to medium-sized enterprise (SME) offering right as the market expressed scepticism that it could deliver on its ambition to become a top three player in the sector.
News: Das CEO assures UK exit rumours are 'nonsense'
The chief executive of legal expenses insurer Das has slammed industry speculation that it may be looking to pull out of the UK as "absolute nonsense".
News: Volcanic dust crisis likely to have little impact on insurance
The insurance industry's exposure to the eruption of the Eyjafjallajökull volcano in Iceland will be limited despite the widespread disruption caused to the aviation industry.
News: Quinn UK ban reversed
Quinn Insurance has been given permission to re-enter the UK market despite an earlier decision by the Irish regulator preventing it from writing new business in the country.
News: Powell Insurance MD makes speedy departure
The managing director of Liverpool-based Powell Insurance Brokers, Eliot Powell, has left the company, a mere 18 months after selling up to Oval.
News: Miles Smith case highlights non-disclosure danger
Brokers have been warned of the perils of non-disclosure following a recent court case involving commercial high-risk broker Miles Smith.
Quinn staff to shortly find out fate
Employees at Quinn Insurance are expected to learn if they face redundancy on Friday.
Tripp named as Amii chairman
Andrew Tripp was appointed as chairman of the Association of Medical Insurance Intermediaries (Amii) at today's annual general meeting.
Staged accident fraudsters sentenced
A group fraudsters have been sentenced after trying to claim thousands of pounds of compensation from QBE.
Shariah-compliant insurer aims to recommence trading
Principle Insurance Holdings has announced the conditional sale of subsidiaries, Principle Insurance Company (PIC) and Principle Marketing Services (PMS) to Al Salam Group Holding Company.
Purple adds member
Birmingham-based broker Jobson James, which specialises in corporate insurance and financial services, has become Purple’s 40th member.
PB Week: Betting on a hung parliament
I know of at least one ex-international rugby pundit who, when on television or hosting corporate events, checks his opinion research at the bookies.
Cooper Gay division joins Giles
Wholesale broker FSJ has transferred to Giles Insurance Brokers from Cooper Gay.
Brokerbility and Lorega team up
Brokerbility is to embed loss recovery insurance in its Brokerbility Information Gateway (BIG) system to provide commercial clients with access to Lorega’s claims assistance service.
Axa announces SME revamp
Axa Insurance has made a number of specialist appointments to underpin its growth plans in the small to medium enterprise (SME) sector and its ambitions in the mid-corporate market.
Xchanging boosts board
The board of Xchanging Claims Services (XCS) has appointed Ian Beaton to represent Lloyd’s Market Association (LMA) as a non-executive director.
Markel hires accident and health chief
Markel International, the specialist property and casualty insurer, has appointed Mike Bridgeman to head the development of accident and health business within its specialty division.
BWS and Oxygen launch London market broker
Dubai-based insurance broker Brokerage World Solutions (BWS), the parent company of Insure Direct, and Oxygen have joined forces to launch a new London market intermediary.
Xchanging expects to meet year targets
Xchanging has issued its interim management statement covering the period from 1 January 2010 to date.
QuestGates strengthens counter fraud team
Loss adjuster QuestGates has strengthened its counter fraud team with the appointment of Sally Maeers and Mark Woodhead.