News
Rates continue to soften according to Marsh
Insurance rates in the UK continued to fall, but at a slower rate, across all major lines of business in the first quarter of 2009 according to Marsh.
IIB president comes under MP expense scrutiny
The expenses of the chairman of the All Party Parliamentary Group on Insurance & Financial Services, John Greenway have today come under the media scrutiny.
Towergate's Scotland division raids Oval
Towergate has again raided one of its consolidating rivals to strengthen its retail operation in Scotland.
Carole Nash makes web pitch for Ireland
Carole Nash, has launched a new quote and buy website targeting the Irish market.
Annual travel cover to take a back seat according to Defaqto
Defaqto's latest report into the travel insurance industry has dubbed this as the year of the 'Staycation'.
Hiscox appoint European head
Hiscox has appointed Pierre-Olivier Desaulle as managing director of Hiscox Europe.
Lockton strengthens Birmingham office
Lockton has announced a major expansion of its Birmingham office.
Insurance Age TV
Deputy editor Martin Friel looks at the main broking stories this week. Towergate gains Moody's rating; RBSI gets new boss; and Biba 2010 details revealed. Watch it now.
DAS secures Giles contract
DAS Legal Expenses Insurance has won the commercial legal expenses insurance and advisory services account for Giles Insurance Brokers.
Towergate secures three-year extension to FSB deal
Towergate Partnership has secured a three year extension to its contract to provide insurance services to members of the Federation of Small Businesses (FSB).
Online leakage hurting insurance firms
New research by industry analyst, Redshift Research, in conjunction with Maxymiser, has found that finance and insurance websites are still failing to maximise online revenues.
Health Care Matters acquired ahead of retirement
The Private Health Partnership (PHP), part of Skipton Building Society group, has acquired Health Care Matters for an undisclosed sum.
Hadrill takes over as head of FRC
Stephen Haddrill is set to succeed Paul Boyle as chief executive of the Financial Reporting Council (FRC) and will be appointed as a member of the FRC Board.
Dual International reveals 21% hike in revenues
Dual International, the underwriting division of the Hyperion Insurance Group, has reported an increase in revenues of 21% for the year ending September 2008, bringing total reported revenues to £19m. Profit before tax rose to £6.8m.
Brokerbility member makes acquisition
Alan & Thomas Insurance Brokers have acquired the goodwill and assets of Dorset-based Douglas King Insurance Services.
JLT lands BAA contract
Jardine Lloyd Thompson (JLT) has been appointed by BAA Airports on their new construction facility, wrapping up all the construction activities at their UK airports (excluding Gatwick) for a minimum period of five years.
Fortis wraps up deal with BNP Paribas
The transaction between Fortis Holding, the Belgian State and BNP Paribas has completed.
Heath Lambert restructures for aggressive retail push
Heath Lambert said its rapid growth plans would be boosted by the announcement the broker and adviser is strengthening its retail operations.
Barclays cuts price of home contents cover by half
Barclays has announced half price home contents cover for the first year. The offer will be available to anyone taking out home insurance with Barclays for the first time until 31 August 2009.
Heath Lambert boosts Manchester team with former Bluefin staff
Heath Lambert has hired two former Bluefin directors to strengthen its expansion plans in the north west and nationally.
CII General Insurance Task Force up and running
The Chartered Insurance Institute (CII) has set up a task force of senior general insurance practitioners to drive higher levels of professionalism within the industry as part of its campaign to raise professional standards.
Brokers must meet challenge of banks and direct market says Defaqto
Defaqto's first Insight Report into the SME (small and medium-sized) commercial insurance market warns brokers that they need to meet the challenge of banks and direct insurers.
Charles Taylor Consulting snaps up Axiom Holdings
Charles Taylor Consulting (CTC) has acquired Axiom Holdings, an independent insurance and reinsurance support specialist for up to £7.85 million.