News
Back in discussion: CC pushes for point-of-sale PPI ban
The Competition Commission (CC) is to return to the issue of payment protection insurance (PPI) and is once again pushing for a point-of-sale ban.
Axa head condemns claims farming practice as 'immoral'
Axa's head of personal lines intermediary has slammed brokers that make money from the "immoral" practice of claims farming, warning that insurers would penalise those who were heavily involved.
PPI complaints take FOS caseload to new level
The number of Financial Ombudsman Service (FOS) insurance disputes has increased by 38% largely due to a surge in complaints about payment protection insurance (PPI).
News: Quinn saga highlights 'chicken letter' risks
Brokers have been warned against relying too heavily on disclaimers to protect themselves from breaching their duty of care, in light of the recent Quinn scare.
News: QBE ambitions realised
QBE looks set to double the size of its commercial property book as it closes in on a deal that could see it snatch £40m worth of business from Axa, Insurance Age has learnt.
News: Time is ticking on UK Broker Awards deadline
The deadline is approaching to get your entries in for the 2010 UK Broker Awards, the only industry awards dedicated to the broking community. Entries have been coming in from all over the country and across the categories. Although the volume has been…
UK General completes claims outsourcing deal
UK General Insurance has streamlined its in-house claims processes after signing a new outsourcing agreement with Direct Group.
LMA elects chairman
Barnabas Hurst-Bannister, chairman of Travelers Syndicate Management, has been elected chairman of the Lloyd’s Market Association (LMA).
ABI urges football fans to choose correct travel cover for World Cup
With less than a month to go until kick off, the Association of British Insurers (ABI) is reminding the 20,000 English fans planning their trips to the World Cup in South Africa to ensure that they have the right travel insurance in place.
Wealthy households lack insurance cover
UK home homers are pre-occupied with price rather than cover, with wealthy households most likely to lack the appropriate coverage, according to Datamonitor.
FSSC appoints chief executive
The Financial Services Skills Council (FSSC) has announced the appointment of Liz Field as chief executive, after it was required to recruit for a permanent chief executive following the renewal of its licence in March.
Arista reports £1.5m operating loss for 2009
Charles Earle, Arista Insurance chief executive, said the 2009 figures were in line ambitions to make a "consistent trading profit" during year three of trading.
PB Week: Aviva's latest appointment gets personal
As the recently-appointed head of broker personal lines, one of the most common questions I am asked is why we are investing in the broker market when some are speculating that personal lines via brokers is dead, writes Sam Hudson, head of broker…
BVCA branches into insurance
The British Private Equity and Venture Capital Association (BVCA) has launched BVCA Insurance Services.
Tim Breedon to become ABI chairman
The Association of British Insurers has confirmed that Tim Breedon, group chief executive of Legal & General, has been nominated to become its next chairman.
Lloyd's counts cost of Chile earthquake and Deepwater Horizon explosion
Lloyd’s announced today that it estimates its net claims before tax from the earthquake in Chile to be in the order of $1.4bn.
Total Objects appoints Colville Wood as managing director
Software provider to the London and global insurance markets, Total Objects, has announced the appointment of Colville Wood as managing director.
Giles makes Midlands acquisition
Giles Insurance Brokers has announced the acquisition of the retail broking division of James Hampden Insurance Brokers.
Aviva broker chief Brigid Murphy to quit
Aviva has today announced that Brigid Murphy, director of regional brokers for the UK general insurance business, is to leave her role in June.
Heath Lambert merges two divisions
Heath Lambert is merging its commercial affinity and small business division (CASB) into its personal lines division, Heath Lambert Insurance Services.
Allianz Commercial joins PowerPlace panel
Allianz’s commercial combined product for SME business will be available on PowerPlace later this year.
NIG in regional underwriting recruitment drive
RBS owned insurer recruits underwriters from four rivals to boost its regional presence
Europ Assistance announces rise in turnover and profits
Europ Assistance Group has announced a 6.6% rise in turnover in 2009 to €1.288bn (up 7.6% in constant euros) despite the economic crisis hitting its two traditional markets of automotive and travel.