News
Close Brothers appoints new CEO
Close Brothers Group, the parent company of leading premium finance provider Close Premium Finance has appointed Preben Prebensen as its new Chief Executive. Prebensen joined the company from Catlin Group, the international specialty property and…
BeatThatQuote adds to car insurance panel
BeatThatQuote.com has announced that Hampshire based telephone and online insurance broker Computerquoteinsurance.com has joined its car insurance panel.
New car insurance comparison website launched
A new comparison website, Supermarketcom.co.uk, has been launched, allowing customers to review top name insurers for car insurance, van, home, bike and travel insurance at no cost.
Esure to create 500 jobs in Glasgow
Esure has announced that it is to expand its Glasgow operations with the creation of 500 jobs within five years.
Willis trumpets new network members
Willis Group Holdings has announced that eight new members have joined Willis Networks, its partnership with local, independent insurance brokers in the UK, since the beginning of 2009.
Xchanging signals end for paper policies at Lloyd's
The Market Reform Group (MRG) has announced that with effect from 1 March 2009, all requests for a policy will be submitted to Xchanging electronically via the Insurers' Market Repository.
Biba "alarmed" by FSA fee and levy proposals
The British Insurance Brokers' Association (Biba) has voiced its concerns over the proposals contained in the Financial Services Authority (FSA)'s Consultation Paper CP09/7.
Rock Insurance acquires MRL Insurance
Rock Insurance has acquired specialist personal lines insurer MRL Insurance as part of its plan to expand into new markets.
Insurance Age On Air News Review
Michelle Worvell rounds up the main broker stories this week including: James Crosby, the former chief executive of HBOS has resigned from his post as deputy chairman of the FSA; Marsh & McLennan reports a fall in both revenue and net income in its…
Groupama in operational restructure
Groupama Insurances has announced changes to its operational structure which it says is designed to sharpen its business focus, enhance service and deliver greater access to decision makers.
Property specialist predicts significant sector growth
PropertyRisks, the property insurance specialist, has created a dedicated broker support unit and doubled the size of its Eastleigh premises.
Alec Finch steps down
Alec Finch has announced his intention to leave the company following the completion of the integration of Alec Finch Group and French broker Verlingue.
Snow storms caused £63m worth of car accidents
Sainsbury's Car Insurance has estimated that the UK insurance industry received 45,000 car insurance claims relating to accidents worth approximately £63m last week, when much of the nation was covered by the heaviest snowfall in 20 years.
Marsh Q4 revenues slip
Marsh & McLennan, the owner of broker Marsh and reinsurance broker Guy Carpenter, said that fourth quarter revenues shrank 9% to $2.7bn, down 9% from the fourth quarter of 2007.
GAB Robins UK confirms MBO
GAB Robins UK has confirmed its current management team is in advanced discussions to acquire a controlling equity interest in the UK business operations.
First 'pay how you drive' scheme launched
GreenRoad and Admiral have teamed up for a 'pay how you drive' scheme to encourage young drivers to drive safely.
RSA acquiresStockport repair centre
RSA has acquired a new Quality Repair Centre (QRC) in Stockport. This will be the company's sixth automotive bodyshop dedicated to repairing its customers' motor vehicles.
Brit predicts higher than expected profit
Brit Insurance has predicted that pre-tax profit for 2008 is expected to be significantly higher than the market consensus of £32m.
ABI warns against ignoring Environment Agency flood risk report
The Association of British Insurers (ABI) has warned that it will become more difficult and costly to insure new property developments that are constructed without regard to Environment Agency (EA) concerns about flood risk.
Chaucer receives "a number of approaches"
Chaucer has said that it has received a "number of approaches" since it announced a £75m capital raising at the end of January.
Giles ranked third in Sunday Times Buyout Track 100
Giles Insurance Brokers has achieved third place in the Sunday Times Buyout Track 100.