News
Evolution grows Midlands team
Commercial underwriting specialist Evolution Underwriting has appointed Rachael O’Neil as business development executive with responsibility for developing the Midlands area.
Metal theft on rise
The rising number of metal theft claims has put 2010 on course to be the second worst year for metal theft on record, according to Ecclesiastical.
Heath Lambert retains Diabetes UK affinity scheme
Heath Lambert has won the tender to provide personal lines and life insurance products for leading health charity Diabetes UK.
Acturis deal paves way for European adventure
Acturis has sold a minority stake in the company to ‘growth equity’ firm, Summit Partners, as it embarks on a European growth strategy.
Aviva raids RBSI for retail chief
Aviva has announced the appointment of Steve Treloar as retail director for Aviva’s UK general insurance business.
MMA grows micro offering
Broker-only insurer MMA is adding a series of new products to the remit of its micro underwriting team as part of a first year review.
New claims service launched
A new service has been launched which aims to help claim handlers fast-track claims, reduce leakage, improve fraud detection rates and reduce costs.
Former Jelf director joins UK General
Leeds-based UK General Insurance has appointed Ralph Hann as national schemes sales manager for the group, reporting to director of sales John Bibby.
IPT and VAT changes will have significant impact on brokers
The Insurance premium Tax (IPT) and VAT changes announced in the emergency budget will have far-reaching consequences for brokers and insurers beyond the initial pain to policyholder’s pockets, according to Kevin Kiernan, director of personal lines,…
THB sees profits rise in first half
THB Group has announced its unaudited half-year results for the six months ended 30 April 2010.
Axa completes sale of UK life business
Axa UK has confirmed the sale of the majority of its life business to Resolution for £2.75bn but has stressed that it has no plans to pull out of the UK wholesale.
Willis makes senior appointment
Willis Group Holdings has announced the appointment of Michael Neborak as executive vice president and group chief financial officer.
Emergency Budget 2010: PMI costs set to soar due to IPT rise, claims Healix
Healix has warned that the increase in insurance premium tax (IPT) will result in even higher costs for employers offering private medical insurance (PMI) or health cash plans to their staff.
Quinn model "deeply troubled" claims regulator
A senior official at the Irish Financial Regulator has described Quinn Insurance's business model as "deeply troubled", according to reports.
LV Broker appoints new regional manager
LV Broker has promoted Mark Hands to regional manager for the North of England and Scotland.
Emergency Budget 2010: IPT rise will not impact on rate hikes says Bluefin boss
Stuart Reid, chief executive, Bluefin Insurance Services, said the IPT standard rate increase announced by as part of the emergency Budget would be welcomed by many.
Emergency Budget 2010: Travel insurance provider slams gulf in IPT rates
Specialist travel insurance and schemes provider, PJ Hayman has hit back at the rises in insurance premium tax (IPT) after Chancellor of the Exchequer, George Osborne, announced an increase from 5% to 6% on products such as motor and home while raising…
Video: will Axa pull out of the UK?
Head of corporate development at the CII, Alasdair Stewart and Incisive Media’s, David Worsfold, join Martin Friel, Insurance Age editor to discuss the big industry news stories of this month.
Emergency Budget 2010: CGT and IPT rise meets mixed reactions
As part of the coalition government's emergency Budget, Chancellor George Osborne has announced increases in capital gains tax (CGT) and insurance premium tax (IPT).
Emergency Budget 2010: VAT up to 20%
Chancellor of the Exchequer, George Osborne, has announced that VAT will rise to 20% on 4 January 2011.
Emergency Budget 2010: National Insurance changes for start-up companies
Chancellor of the Exchequer, George Osborne, has announced that new businesses outside of London, the South-East and the Eastern region are to get national insurance relief for the next three years.
Emergency Budget 2010: Biba fears IPT rise will lead to cuts in cover
The British Insurance Brokers' Association (Biba) said it is concerned that consumers and businesses will be hit by increasing insurance costs.
Emergency Budget 2010: IPT to rise
Chancellor George Osborne has announced that insurance premium tax (IPT) will rise from 5% to 6% while the higher rate of 17.5% will increase to 20%.
Allianz Commercial to boost productivity by 10%
Following a successful trial, Allianz Commercial has said it would take advantage of a bespoke solution from systems integrator LAN2LAN in a bid to create new efficiencies across the company’s risk assessment business.