News
1 Answer Network releases online mid-HNW offering
1 Answer Network has launched a new RSA-backed online product aimed at the ‘mid high-net-worth’ sector.
Markel raids Allianz for hull and war underwriter
Markel International, the specialty property and casualty insurer, has appointed Daniel McCarthy as an underwriter in the hull and war team within its marine and energy division.
Canopius reports record results
Canopius Group, a privately-owned Lloyd’s insurance underwriting business, today announced a record performance for the year ended 31 December 2009.
CBG reports fall in revenue and profit
Manchester-based insurance broker and financial services specialist CBG Group has reported a drop in revenue to £8.96m for 2009 (2008: £11.15) and fall in pre-tax profits to £1.03m (2008: £2.25m).
Travelers hires team to head up Glasgow operation
Travelers has made several leadership appointments at its new regional office in Scotland.
Confused boosts motor insurance panel
Nationwide has joined Confused.com's panel of motor insurance providers.
Brokers urged to raise awareness of environmental regulation
Allianz Engineering is reminding brokers of the imminent introduction of a government-backed climate change and energy saving scheme which could affect around 20,000 UK businesses.
Abba bought by RG Ford
Chelmsford-based RG Ford Insurance Brokers has completed the first of the five acquisitions it said it expected to make in 2010
IFB and MIB join forces to fight fraud
The Insurance Fraud Bureau (IFB) has entered into an agreement with the Motor Insurers' Bureau (MIB) for support services.
Towergate makes further changes to management structure
Internal promotions see appointment of new managing director and chief information officer
NMU expands into Northern Ireland
Former Allianz employee Roy Cunningham will join specialist insurer Northern Marine Underwriters (NMU) in Belfast.
One Business Insurance wins fleet deal
One Business Insurance, part of Brightside Group, has announced its intention to offer "market-leading" premiums on fleet insurance to Navman Wireless’ customer base
Report shows UK business insolvencies down 15% year-on-year in February
The latest Insolvency Index from information services company Experian has revealed a year-on-year fall in business insolvencies during February.
Gamage and Cosh launch Invicta Insurance Services
Former operations manager at Woodstock Insurance Brokers, Steve Gamage, has set up a new broking service provider called Invicta Insurance Services.
Bupa could cut up to 300 jobs
The health care insurer has warned that between 200 and 300 jobs may be in jeopardy.
Manson Insurance Group reveals growth plans
Manson Insurance Group, part of Jelf Group, is moving to larger premises in the Manchester business district.
Insurance fraud could reach £2.5bn in 2010, says Experian
General insurance fraud losses could reach £2.5bn during 2010,according to global information services company Experian.
Former RSA UK CEO McIntyre to join Fortis
Former RSA UK CEO Bridget McIntyre is in line to become a non executive director of Fortis.
Pexton replaces Tolliday as Omega CEO
The board of Omega Insurance Holdings has announced that Richard Pexton, former CEO of Heritage Underwriting Agency, will become CEO and joins the Omega Board with immediate effect.
Biba broadens PMI group remit
The British Insurance Brokers’ Association (Biba) has today (19 March) announced that its Private Medical Insurance (PMI) Group will broaden its remit to include areas such as income protection, critical illness, and group life insurance as well as PMI.
Aviva launches media product
Aviva has launched a specialist media insurance product covering a range of businesses including on and offline publishers, marketing and advertising companies, photographers, broadcasters and local media.
Crash for cash motor fraud spreads across UK
Motor insurance fraud is affecting more of England’s most densely populated areas than ever before, according to research from law firm Keoghs.
KGM hires senior underwriter from NIG
KGM Motor Insurance has appointed David Martin as fleet class underwriter. Mr Martin has joined the business from NIG where he was senior motor underwriter
FM Global's gross premium rises to $4.7bn
FM Global has reported a 5.6% increase in gross premium in force to $4.7bn (£3.0bn) and net income of $840m in 2009.