News
Osborne and Laws announce spending cuts for 2010/11
The coalition has set out bold plans to cut £6.243bn for existing fiscal year, in a move that has prompted Clegg to defend a manifesto u-turn citing the Greek debt crisis.
Cunningham Lindsey loss team claims to save insurers millions
£21m of suspect claims are under scrutiny by the loss adjusting firm's investigation unit
More chaos in the skies as BA strikes start
Since midnight British Airways' cabin crew have been on a strike set to last five days.
Aviva attempts to close the ash gap with new volcano add on
Insurer charges more for covering ash cloud or similar travel disruptions with an add-on to its travel policies.
Video: Industry leaders' views of the Lib-Con government
Liz McMahon talks to key industry figures at the recent Biba conference to garner opinion on the new coalition Government and the impact it may have on the insurance industry.
Liverpool's oldest broker expands with hires from rival firm
New city office and staff for Butterworth Spengler as it sees "rapid growth". Three staff join from Oval . . .
Towergate and Allianz link up over employment legislation
Allianz Legal Protection and Towergate Risk Solutions Milton Keynes want to give more access to legal advice over employers' responsibilities.
US insurer expresses Quinn interest
US insurance giant Liberty Mutual has reportedly contacted the administrators of Quinn Insurance to express an interest in taking over the company.
Omega announces board appointments
The board of Omega Underwriting Agents (OUA) has approved the election of Roger Field, Robin Oakes and Richard Pexton as non-executive directors, subject to regulatory approval. Additionally, Mr Oakes will become chairman of the audit committee.
FBP welcomes coalition policy pledge
The Forum of Private Business claims thousands of smaller businesses could benefit from measures outlined in the coalition agreement between the Conservative and Liberal Democrat parties published today.
BIBA 2010: Catch up on the news from day two of the conference
As Biba 2010 draws to an end, make sure you haven’t missed out on any of the news from the conference.
BIBA 2010: All the news from the first day of the conference
Catch up with all news from the first day of the British Insurance Brokers’ Association conference.
BIBA 2010: Ex-Aviva public affairs head urges Tory colleagues not to scrap IIWG
The former head of public affairs at Aviva and new Conservative MP Tracey Crouch, believes the Insurance Industry Working Group (IIWG) report should not simply be scrapped because of a change of government.
BIBA 2010: Insurers and brokers warned over "cancerous" credit hire issue
Delegates were warned yesterday that if the industry does not address the issue of credit hire, it will get even more “cancerous” and ultimately ruin the insurance industry’s reputation.
BIBA 2010: Lexicon exec hails insurance broker resilience
The insurance broking sector has performed at a “remarkable” level in the midst of economic turmoil by tackling cost bases to protect profit margins, a market analyst told panel members at a fringe event at the British Insurance Brokers' Association …
QBE raids Allianz for broker development chief
QBE has announced the appointment of Judy Holt to the newly-created role of manager, broker development, to support the expansion of the insurer's offering in the UK and Ireland.
BIBA 2010: Evolution ties up risk management deal
Evolution Underwriting Group has launched an initiative with the aim of providing its brokers and policyholders with exclusive deals on an online range of products from Cardinus Risk Management.
Quinn Insurance CEO quits
Colin Morgan, chief executive office of Quinn Insurance, has decided to leave the company to pursue other opportunities.
Henderson reveals expansion plans
Henderson Insurance Brokers has announced further expansion plans as the company makes two new hires.
BIBA 2010: Hiscox introduces broker schemes team
As part of Hiscox’s drive for profitable growth of its commercial book, the specialist insurer has announced the launch of a new dedicated schemes team.
FOS insurance disputes up 38% due to PPI complaint surge
The Financial Ombudsman Service (FOS) resolved a record 166,321 disputes in 2009/10 – a 46% annual increase – resulting in compensation for consumers in 50% of cases.
Westinsure launches broker start-up service
Westinsure Broker Alliance has launched a new service which aims to help new start-up brokers through the process of launching and growing their own businesses.
BIBA 2010: Willis CEO questions FSA's "grandfathering" of Quinn
Willis chief executive Joe Plumeri has questioned the Financial Service Authority's (FSA) role in the problems revolving around Quinn Insurance.