News
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.
Survey reveals brokers unaware of corporate manslaughter risk
Almost half of commercial brokers are unaware of their clients' level of exposure to corporate manslaughter legislation, according to new research
TGS confident in becoming top software house
Transactor Global Solutions (TGS) will become the software house of choice for the broking community and quadruple in size by 2013, according to its chief technology officer
Brokers warned that failure to retain e-data risks legal action
Brokers are at an increased risk of litigation if they fail to keep a detailed record of all e-communications for an adequate amount of time, according to legal experts
Groupama: online trading push to underpin commercial ambitions
Groupama Insurances' commercial chief has outlined the insurer's ambition to expand its electronic trading capability in 2010
Dedicated insurance portfolio targets time-poor professionals
Wesleyan has launched a dedicated home, motor and travel insurance service for affluent professionals
Jackson proposals trigger Elite to launch outside ATE
The potential impact of the Jackson review has prompted legal expenses provider Elite to move out of its core after-the-event (ATE) market with the launch of two new niche schemes
Brokers ignore social networking potential
Nearly two thirds of brokers do not use social networking to support their business and have no intention to do so, according to an online poll on Insurance Age website broking.co.uk
Tackling trading disputes: Allianz gives complimentary ATE to SMEs
Allianz has added free after-the-event (ATE) cover to all of its small to medium-sized enterprise (SME) insurance policies in a move it has claimed is a market first