News
FSA bans two insurance brokers
The Financial Services Authority (FSA) has taken action against two insurance brokers - Delwyn Way of Shield Insurance Consultancy and Adrian Shillaker of Griffiths McAlister Insurance Brokers for failing to adequately protect client’s money and assets.
Directors leave Quinn Group
Five directors have left the board of Quinn Group (ROI) in a move that could pave the way for the Quinn family to acquire Quinn Insurance, according to reports.
Cunningham Lindsey strengthens board
Jonathan Clark and David Aiston (pictured) promoted at loss adjuster
MMA opens Newcastle office and reveals team to lead growth in the region
Broker insurer MMA has opened the doors to its new regional office in Newcastle and announced the team which has been appointed.
Cooper Gay and Swett & Crawford confirm deal to create broking giant
Cooper Gay, the London-based independent wholesale, reinsurance and specialist retail insurance broker, and US wholesale broker Swett & Crawford have confirmed they are in advanced deal discussions.
Online commercial MGA partners with THB
Insureit UK, the online commercial insurance managing general agency (MGA), has chosen THB Risk Solutions as its distribution partner in time for the launch of a new range of commercial insurance solutions for brokers.
Number of travel insurance policies increases by 9.5%
According to Defaqto, there has been a 9.5% increase in travel insurance policies despite a decline in overseas travel.
Middle departs from Axa
Anthony Middle has left Axa, where he is managing director, commercial lines, to join Aviva in the role of strategic partnership director. He is on six months 'gardening' leave.
Survey shows employee absence costs UK economy £17bn
Employees took 180 million sick days last year, averaging 6.4 days each, according to the latest CBI/Pfizer Absence and Workplace Health Survey.
Argo raids CNA for claims chief
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has appointed Ruth Roberts as head of claims.
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.