News
Towergate Financial lands new CEO
Towergate Financial has appointed Ian Darby as chief executive from the 31 October 2008.
Bollington corners 30% of UK fostering agency market
Award-winning UK commercial broker Bollington has rapidly secured a 30% market share of the UK fostering agency market.
Aon and Fortis secure five year Post Office travel insurance deal
The Post Office, the second largest provider of travel insurance in the UK, has signed a further five year contract with global insurance broker Aon to continue managing its award winning travel insurance scheme.
Snowball appointed non executive director at JLT
Jardine Lloyd Thompson Group (JLT) has announce the appointment of Patrick Snowball as a non-executive director with effect from 1 November 2008. His appointment follows that of John Paynter who joined the Board on 1 October.
Insurance Age on-air news review
Reporter Jessica Pothering provides a rundown of the main broker stories this week: Zurich takes decision to redomicile; Brit announces third quarter results; and Financial Services Authority bans rouge broker.
Rising construction costs could put insurance on back burner
The insurance industry has been warned that rising construction costs could lead to clients challenging the cost of their insurance.
One quarter of UK drivers admit to fronting
According to a YouGov survey commissioned by Comparethemarket.com, a quarter of people in the UK admit lowering their car insurance by 'fronting'.
Asplin lands LEI association role
The CEO of DAS Legal Expenses Insurance, Paul Asplin, has been appointed as the new vice president of RIAD, the International Association of Legal Expenses Insurers.
Aon moves into renewable energy
Aon has launched a renewable energy practice, within Aon Natural Resources.
Decline in daylight causes 5% increase in vehicle accident claims
Van and business car drivers will face one of the most treacherous times of the year for road traffic accidents this week, according to new figures from More Than Business.
Confused.com adds new partner to home insurance panel
Confused.com has added Protectyourbubble.com to its home insurance panel.
Former AMG director sets up new operation
A new liability adjusting business called Delta Claims Services has been set up and will be operating as of the beginning of next month.
BGL rises on Britain’s 250 Largest
The BGL Group has been ranked one of the largest mid-market private companies in Britain, according to the latest Sunday Times HSBC Top Track 250 league table. The company placed 175 on the list, up 54 places from the previous year.
Brit reports rise in GWP
Brit Insurance has announced that gross written premiums for the first nine months of the year to end-September rose 10.5% to £1.12bn from just over £1bn a year earlier.
uSwitch adds travel insurance to product offering
Price comparison site, uSwitch.com, has added travel insurance to its list of products.
Lloyds announces provisional loss estimate from Hurricanes Gustav and Ike
Lloyd’s has announced its provisional loss estimate for Hurricanes Gustav and Ike.
AA director admits surprise as household premiums fall
The latest benchmark AA British insurance premium index of home insurance premiums recorded quarterly rise in the average quoted premium for an annual buildings insurance policy, which now stands at £213.32, about £3 or 1.8% higher than the previous…
Motor premiums up 7.6% in 12 months claims survey
The latest figures from the AA’s benchmark British insurance premium index show UK average premium quoted for an annual comprehensive insurance policy rose 3.1% or £22 over the past quarter, a similar rise to the previous three months. Over the year,…
OurNetwork unveils members of broker advisory panel
OurNetwork, the new network for brokers, has released details of its broker advisory panel – a group of experienced senior brokers whose role is to advise the network on broker needs and service requirements.
Zurich UK set to redomicile
Zurich UK has become the latest company to make the decision to redomicile in the Republic of Ireland in a move the insurer says will create greater efficiencies throughout the group, Insurance Age has learned.
ABI: we will not be complacent but the insurance industry remains strong
The Association of British Insurers (ABI) has insisted that the UK insurance industry remains stronger than during previous times of market turbulance.
AIG cancels $8m worth of junkets to appease New York attorney general
Following a meeting with the New York State attorney general Andrew M Cuomo, AIG chief executive and chairman Edward Liddy has agreed to take several significant actions with respect to expenditures at AIG.
Cooper Gay to complete two acquisitions before end of 2008
Insurance broker Cooper Gay has confirmed that it will complete at least two acquisitions before the end of 2008.