News
Markerstudy joins IFB
Markerstudy Insurance Company, a division of Markerstudy Group, has become the latest company to join the Insurance Fraud Bureau (IFB).
Home and Legacy joins with Westinsure
Home and Legacy has agreed a deal with Westinsure Group to provide additional mid and high net worth (HNW) expertise to its network of independent insurance brokers across the UK.
FSA criticises brokers' anti-bribery and corruption standards
The Financial Services Authority (FSA) has published the findings of its recent review of anti-bribery and corruption systems and controls in commercial insurance broker firms.
Ferrari crash lands insurer with huge bill
According to press reports an MOT garage worker wrecked a £245,000 Ferrari on Saturday when he took it out for a test drive.
Coverzones bought out of administration
Coverzones’ assets have been bought out of administration by its management team, supported by an unnamed major private investor.
Zurich European GI chief to leave following restructure
Zurich Financial Services Group has announced a streamlined management structure and related senior management appointments, affective as of 1 July, 2010.
Towergate postpones bond issue
Towergate refinancing on hold
Garwyn appoints new CEO
Garwyn has appointed Stewart McCulloch as its new CEO with effect 1 June 2010.
Aviva appoints head of broker personal lines
Sam Hudson has been appointed head of broker personal lines for Aviva.
Marsh creates networks leader role
Marsh has appointed Martyn Denney to the newly-created role of networks leader.
Quinn to quit UK PI
Quinn Insurance will not reopen its professional indemnity (PI) business in the UK despite the likelihood it will recommence underwriting other commercial lines.
Biba launches new PPI scheme
Biba has appointed Millennium Insurance, the distribution arm of Direct Group, as the provider of its new members scheme for protection insurance.
Oxygen expands into Bristol
Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings, has announced the opening of a new office in Bristol.
Bluefin completes first acquisition in planned consolidation surge
Stuart Reid has acquired the general insurance business of Peterborough based G M Towns & Partners.
Lloyd's motor insurer KGM up for sale
Lloyd's motor insurer KGM has been put up for sale by its parent Gibraltar-based Perseverance.
Possible future for FSA, despite Tory promise
The Financial Services Authority (FSA) is likely to survive despite the Tory pledge to abolish the financial watchdog.
PB Week: Discussions, drinks and the CII's Steve Davis pool challenge - all at Biba 2010
Biba's conference and exhibition, which kicks off next Wednesday, gives us the chance to talk to carriers and brokers about what is going on in their world.
Hiscox reports £10m Deepwater oil disaster impact
Hiscox gross written premiums (GWP) increased by 6.4% in local currencies to £504.1m in the first three months of 2010.
Coalition government: compromise over National Insurance and capital gains tax
Parties agree over respective manifestos for business.
Fortis reports net loss in Q1
Fortis UK has announced that it lost £1.8m in the first quarter of this year and a non-life combined ratio of 110.2%.
SMEs give wary approval to new Government
The Forum of Private Business has given a cautious welcome to the new Prime Minister, David Cameron, and the formation of a coalition government between his party and the Liberal Democrats.
Complaints about GI intermediaries on the rise
The number of complaints against general insurance intermediaries has increased by 1,000 to 144,975 in the second half of 2009, compared to H1 2009, according to FSA figures.
Aviva's results suggest GI recovery
Aviva’s first quarter statement has shown “a return to volume growth in 2010” despite tough conditions and cost cutting.
CFC appoints underwriting director
Specialist lines underwriting agency CFC has announced the appointment of Andy Holmes as underwriting director.