News
Capita snaps up motor insurance broker
The Capita Group has acquired specialised motor insurance broker, Sureterm Direct.
Online insurance customers less loyal and more price sensitive, according to research
In the UK 63% of consumers have purchased motor insurance online, 45% home insurance and 23% life assurance, according to research from Accenture.
Quinn outlined growth plans to brokers days before regulator stepped in
Quinn Insurance wrote to brokers to outline plans to grow its UK business days before it was banned from writing new business in the UK, according to the Irish Independent.
Former CII president appointed FSCC chairman
The Financial Services Skills Council (FSSC), has announced the appointment of Trevor Matthews as chairman.
Exeter Friendly joins Protect
The Exeter Friendly Society, under its Pioneer brand, has joined Protect- an association of companies and individuals involved in the UK protection markets
Capita boosts board
The Capita Group has announced the appointment of Dr Nigel Wilson as a non-executive director, with effect from 12 May 2010.
Payton succeeds Marriage as CIFS underwriting manager
Neil Payton has been appointed as underwriting manager at Credit Indemnity & Financial Services (CIFS).
UK growth forecast downgraded by Coface
Credit insurer Coface has increased its forecast for world growth to 3% but reduced its 2010 forecast for the UK to 1.1%.
LV's GI business achieves a profit
LV’s general insurance business made a profit of £7m in 2009, compared to a loss of £30.1m the previous year.
Allianz creates new fraud role
In a bid to fight back against fraud, Graham Knight has been appointed as fraud manager for Allianz Retail
New property deposit cover launched
London & European has launched Deposit Cover – a deposit guarantee insurance policy designed to keep property transactions moving.
Principia Underwriting launches
Principia Underwriting has launched as part of the the Aquila Underwriting group of businesses.
Nexus brings two former Brit underwriters on board
Nexus Underwriting Management has hired two senior financial lines underwriters from Brit’s Lloyd’s Syndicate 2987
Broker Network launches CountrywideComplete
Broker Network has announced the launch of CountrywideComplete, a new full membership proposition for Countrywide members.
Chase Templeton acquires again
Isle of Man-based Chase Templeton Group has acquired Jigsaw Healthcare, the Cheshire-based private medical insurance (PMI) specialist.
UK General appoints finance director
Oliver Laird has been appointed finance director, UK General Insurance, with immediate effect.
Cooper Gay's revenue and profits rise
Cooper Gay has reported a 29% increase in revenue to £100.5m in 2009, compared to £77.9m the previous year.
Quinn urges reopening of UK business
In a statement, the insurer said it is "pleased" with the decision to adjourn its administration hearing.
Quinn administration hearing postponed
The full hearing of the Financial Regulator's action to put Quinn Insurance into full administration has been postponed.
Ace launches environmental offering
Ace UK has today launched its new Environmental Protect policy offering coverage for both small to medium sized companies and multinational operations.
XL targets Irish mid-market
XL Insurance, the global insurance operations of XL Capital, today announced the launch of its new Dublin based underwriting operation for middle market casualty business.
THB expands London Market team
THB’s specialist Lloyd’s broking arm, Thompson Heath & Bond, has expanded its THB London Market team.
Sterling hires new commercial underwriting chief from Axa
Sterling Insurance Company has appointed Kevin Donoghue to a newly created position, head of commercial underwriting.
Coversure and Lorega join forces to launch commercial claims service
Coversure Insurance Services and loss recovery insurance specialist Lorega have launched Coversure Commercial Concierge, a new commercial claims service for Coversure clients.