News
FSA to consult further on PPI following "highly critical" industry response
The Financial Services Authority (FSA) is to embark on further consultation for its plans to reform the Payment Protection Insurance (PPI) market.
HMRC issues VAT changes via podcast
HM Revenue & Customs (HMRC) has launched its first ever Super Podcast, to alert businesses to major changes in the way they file and pay VAT, PAYE and corporation tax
Government to introduce compulsory insurance for dog owners
All dog owners in England and Wales would have to insure against their pet attacking someone, under a consultation on amending the 1991 Dangerous Dogs Act
QBE restructures business
QBE European Operations has restructured its product underwriting and distribution divisions.
Parliament considers MoJ reforms
Parliament is considering the Ministry of Justice (MoJ) fast-track cost regime reforms for low level road traffic accident personal injury claims.
LV to open new offices in Huddersfield
LV has announced it is to open the new premises in July this year, resulting in the recruitment of 75 new staff over next 18 months
RSA creates new sales and broker relationship role
Nigel Spencer, previously Contour leader, has been appointed to the newly-created role of regional sales manager of RSA Global.
Westinsure achieves £300m GWP
Westinsure Group has achieved £300m gross written premium in 2009 and has secured more than 35 new brokers to join the Alliance, increasing its total member offices to over 200.
Chaucer returns to profit
Chaucer Holdings has announced an increase in profit before tax and foreign exchange on non-monetary items of £75.3m in 2009, (2008: loss £59.5m).
Chubb launches new enhanced business liability product
Chubb Insurance today announces the launch of ForeFront Plus, the successor to its ForeFront product.
GAB Robins raids Merlin for casualty manager
GAB Robins has appointed Mark Wookey to the newly-created role of casualty operations manager.
PowerPlace establishes regional structure to grow broker partnerships
PowerPlace has restructured its 36-strong field based sales and consultant team into three regions, each to be managed by three newly appointed senior regional managers.
Hardy's profits drop to £20.1m
Lloyd's insurer Hardy Underwriting Bermuda's profit before tax has fallen to £20.1m in 2009, compared to £23.1m the previous year.
UK General to withdraw underwriting function from regional network to Leeds office
UK General is to pull back its underwriting capabilities from its regional network and concentrate expertise in its Leeds headquarters in a move which is expected to result in job losses
Fleet chief to leave Adding 1
Adding 1 fleet chief Jim McClymont has resigned from the business, Insurance Age has learnt.
Aviva UK's general insurance profits and GWP fell in 2009
Aviva UK's general insurance operating result fell to £520m (2008: £642m) in 2009. Its combined operating ratio remained static at 99%
Jelf raises more money as profits tumble
The broker has released a set of results that shows, perhaps more transparently than most, the difficulties of the consolidation model, raising questions over others' ambitions to float, writes Andrew Tjaardstra
JLT hands over non-advisory arm to Thistle
In a shake up of its UK retail insurance broking activities, JLT has announced it is merging its non-advisory division with Thistle Underwriters
PB Week: Phones, exam cheats and football
Ian Ritchie, director of RWA Group, picks out some interesting items from the week's news
British Insurance unveils new MD as Burgess heads to US
Nel Mooy has been appointed as managing director of Towergate's independent unemployment, accident and sickness insurer, British Insurance.
Arista raids NIG for broker development manager
Arista Insurance has appointed Neil Wormald as broker development manager for the North East.
Crawford responds to Chile earthquake
Crawford & Company has mobilised its in-country, regional and global technical services (GTS) adjusters to handle the losses resulting from the Chile earthquake.