News
Biba speaks out against FSA's proposal to more than double minimum fee
The British Insurance Brokers’ Association (Biba) has criticised the Financial Services Authority’s (FSA) consultation paper CP10/05 which suggests raising the minimum fee from £450 to £1,000
Chinese software firm opens first UK office
Zurich and Shanghai-based eBaoTech has launched a presence in the UK with the opening of an office in Birmingham where it hopes to create 15 new jobs
Blackham returns to the industry after two year absence
Chris Blackham has returned to the insurance industry, joining the board of Howden Insurance Brokers as a non-executive director.
CBG Group appoints Manchester broker to handle investor affairs
Daniel Stewart & Company has been appointed to act as joint broker working alongside CBG’s existing nominated adviser and broker, Zeus Capital.
Brit Insurance appoints chief information officer
Brit Insurance has announced the appointment of Ian Powell to the newly-created role of chief information officer.
TIP expands into Leeds
Independent insurance broker The Insurance Partnership (TIP) is establishing a presence in Leeds and surrounding areas.
Survey shows insurers are delivering on motor claims
A motor claims survey, conducted amongst customers of 15 of the UK’s leading motor insurers, found that 87% were satisfied with the service received during their claim
Groupama hires new head of commercial underwriting
Groupama Insurances has appointed Dawn Dillaway in the newly created role of head of commercial underwriting.
Money Expert names Autonet as preferred provider
Autonet Insurance Group has teamed up with Money Expert to provide van insurance solutions to its users
FSCS predicts rise in PPI claims
Rising payment protection insurance (PPI) and investment claims are key drivers of compensation costs for the rest of 2009/10 and into 2010/11, according to the Financial Services Compensation Scheme.
BrightStar team joins Giles
Giles Insurance Brokers has announced that the BrightStar Risk Solutions team will join the group and establish a new Giles corporate and financial risks division, based in the City.
FSA bumps up annual funding requirement
The Financial Services Authority (FSA) has announced its proposed annual funding requirement for 2010/11 which requires an increase of 9.9% in overall funding.
Chaucer raids Groupama for e-commerce chief
Chaucer Insurance, the UK division of Chaucer Holdings, has appointed Ken Hutchinson as head of e-commerce.
CBG moves onto Acturis
CBG Group, the corporate general insurance, risk management and financial services intermediary, has moved its entire back office system onto software platform, Acturis.
Perkins Slade achieves Chartered status
Independent insurance broker Perkins Slade, which marks its 40th anniversary this year, has been awarded Chartered Insurance Brokers status by the Chartered Insurance Institute.
Ex-Ink directors set sail with MGA
MGA Ink's founders Keith Syrett and Philip Thomas are setting-up MGA Thames Underwriting to tap the contractors' market from 1 March.
Questgates snaps up Teceris division
QuestGates has acquired the liability division of Teceris Corporate and Complex Adjusting, which is part of the Capita Group.
Lloyds sells Esure stake to founder Peter Wood
Lloyds Banking Group (LBG) has announced the sale of its 70% stake in Esure, the online insurer, to a management buyout vehicle to be called Esure Group Holdings, led by Esure chairman Peter Wood.
Catlin's results reveal regional boost
Catlin Group has announced its financial results for the year ended 31 December 2009 which included a record profit before tax of $603m (£402m)(2008:$13m)
Ace raids Marsh to strengthen property business
Ace has appointed Imran Malhi as account engineer for its property business.
Chaucer to launch new liability division
Chaucer Holdings, the diversified Lloyd's insurance group, has announced the establishment of a new international liability division within Chaucer Syndicate 1084.
Broker Network launches enhanced start-up package
Broker Network has announced the launch of an enhanced Start-Up package designed to help bring new brokers to the high street, despite the lingering economic downturn.
Towergate makes series of promotions within TRS broking
Towergate Risk Solutions has made a series of senior appointments which Amanda Blanc said reflects the successful growth of its business and continuing development of its strategy
ABI hits back at Government employers' liability proposal
The ABI has voiced concerns about proposals to set up an Employers’ Liability Insurance Bureau (ELIB), as outlined in a Department for Work and Pensions consultation paper