News
Enterprise Rent-a-Car launch new direct hire service
Enterprise Rent-A-Car has launched a new not-at-fault direct hire model for insurers. The company said that the model would provide insured drivers involved in not-at-fault accidents with a way to access their rights to mobility and access to justice,…
Unicorn Underwriting launches new property division
Unicorn Underwriting, the specialist underwriting agency arm of THB group, has secured full delegated authority from Zurich Insurance to start underwriting property investors business.
Ascot lays financial foundations for further growth
Ascot Underwriting has deposited an additional $100m at Lloyd's to support its 2009 business plan.
Dual's Kilpatrick appointed executive chairman
Dual Corporate Risks has promoted managing director Russell Kilpatrick to the newly created position of executive chairman.
Brit to redomicile in the Netherlands
Brit Insurance has announced it is set to redomicile in the Netherlands as it reported a drop of over £100m in pre-tax profits to £89.2m (2007: £191.2m).
Hiscox sees £130m drop in profits
Hiscox has reported a slump in pre-tax profits of over £130m to £105.2m (2007: £237.2m) for 2008. The insurer also reported a deterioration in its combined ratio to 91.1% (2007: 85.5%) which it blamed poor investment returns.
Insurance Age TV
Insurance Age reporter Jessica Pothering discusses this week's broking headlines: Aviva's financial results; Paul Cosh's planned departure from Hero following its acquisition by the Capita Group; and former Axa CEO Peter Hubbard's move to Keoghs.
BeatThatQuote goes green
BeatThatQuote.com has announced that eco friendly insurance intermediary the Green Insurance Company has joined its panel bringing the total number of contracted motor insurers up to 62.
Novae reports £40.2m pre-tax profits for 2008
Lloyd's insurer Novae has reported a pre-tax of £40.2m for 2008 despite an estimated $40m (£28.1m) loss from Hurricanes Gustav and Ike (net of reinsurance and reinstatement premiums).
Insurance Age TV
Insurance Age reporter Jessica Pothering discusses this week's broking headlines: Aviva's financial ...
Fortis pushes growth aims with board appointments
Fortis (Insurance UK) has added two independent non-executive director to its life and non-life teams as are part of the company's growth strategy in the UK.
Giles makes four new appointments
Giles has appointed Howard Pearson, retail managing director and Mark Addis, wholesaling managing director, to its board, subject to regulatory approval.
Aon aims to help companies reduce risk costs
Aon Global Risk Consulting has launched a cost reduction initiative for EMEA businesses to help reduce their cost of risk.
Drivers prepared to commit fraud to bring down premiums
Millions of drivers are considering taking drastic action to reduce the cost of keeping their cars on the road, according to new research from Gocompare.com.
Comparethemarket expands motor offering
Comparethemarket.com has added twelve motor insurance brands to its site.
Appointment at Heath Lambert
Heath Lambert has appointed Lorna McFadzean as associate director. Previously head of the private cl...
Appointment at Aon
Aon has appointed Fiona Davies as a director. Davies worked at Willis previously. With more than 20 ...
Appointment at Arag
Arag has appointed Kelly Bamford as senior claims handler. Bamford worked at Royal Bank of Scotland ...
Appointment at Markerstudy
Markerstudy has hired Russell Bence as head of sales. He has worked previously for Swinton, Auto Ind...
Appointment at Arista
Arista has recruited David Matthews as senior development underwriter. Based in the Manchester branc...
Appointment at Total Objects
Total Objects has hired Martin Eves as director. Eves has spent the last 28 years in technology role...
Appointment at Alan Boswell Group
Alan Boswell Group has made Richard Hartley a director. Hartley joined the group eight years ago whe...
Appointment at Liberty International Underwriters Europe
Liberty International Underwriters Europe has recruited Christopher Holborn as casualty manager, cov...
Appointment at MMA Insurance
MMA Insurance has taken on Phelim Browne as its new head of marketing. Browne was formerly the UK ma...