News
Brokers urged to 'recession proof' their commercial clients
Directors’ and Officers’ (D&O) specialist, Angel Underwriting, has urged brokers across the UK to ensure their commercial clients are made as ‘recession proof’ as possible, as the spectre of a mass slowdown looms ever larger.
Helphire Group plan to raise £45m through share offer
Helphire has announced it intends to raise £45m by means of the placing and open offer
Biba and IIB liaise on transparency
As revealed by Insurance Age last month, the British Insurance Brokers’ Association (Biba) and the Institute of Insurance Brokers (IIB) have confirmed that they are both keen to move forward with an industry initiative to address the regulatory concerns…
IAG UK restructures UK operations
Insurance Australia Group Limited (IAG), the owner of Equity Insurance Group, Hastings Direct and Advantage Insurance Company, has announced that, following a wide ranging strategic review, the company intends to restructure its UK operations to become a…
Hastings and Equity Direct close regional centres
Hastings and Equity Direct has revealed that, subject to consultation, it will close two of its five contact centres, one in Manchester and one in Leicester.
Equity acquires in Suffolk
Equity Insurance Group has expanded its presence in East Anglia through the acquisition of Mildenhall broker, Kents Insurance Brokers.
Giles makes surprise return to Scotland
Giles Insurance Brokers has completed the acquisition of independent insurance broker, Edinburgh-based Carrick Neill & Co.
BeatThatQuote.com powers MSN insurance service
Price comparison web site BeatThatQuote.com has announced a new partnership deal with MSN to provide online users with access to BeatThatQuote.com’s insurance services.
Brits at risk with fall in travel insurance
While British travellers are among the best insured with 85% claiming to purchase travel insurance compared with 73% worldwide, they could be taking a risk with vital travel cover during the coming year, according to a survey.
NFU appoints new non-executive director
Rural insurer NFU Mutual has appointed Beverley Hodson as a non-executive director.
Moorhouse launches branded insurance
Welsh broker Moorhouse has launched Moorhouse Brands, which aims to do with commercial insurance what personal lines insurers have done with supermarket brands.
Environmental risk exposures hampered by lack of regulation says Ace
The effective management of environmental risks is being hampered by a lack of certainty about the impact of environmental liabilities and slow progress on international regulatory harmonisation, according to the latest research amongst senior risk…
Free guides launched to help brokers build their online business
Free guides for insurance brokers have been launched to help them build their online business. Internet marketing specialists Speedie Consulting are giving away these information guides to coincide with their new brand site relaunch.
CII Group back financial capability action plan
The CII Group has reacted to the joint Treasury and FSA statement on a financial capability action plan by saying a coordinated national strategy on financial capability is essential, with financial advice being offered be face-to-face wherever possible,…
Close announce it is working with administrators of Aascent
Close Premium Finance (CPF) has confirmed that the appointed administrators of Aascent Finance Company (Aascent) have contracted with CPF to assist with the management of Aascent's loan book and to offer to underwrite all new business.
Perkins Slade announce top management changes
Having recently announced that the company had discontinued its investigation of finding a merger partner and re-affirmed its strategy of remaining an independent Company, largely owned by its employees, the Perkins Slade Board has announced the…
Insurance Age on-air news review
Insurance Age news editor Sarah Hills provides a run down of the major news stories from the event - watch it now
GHL's Steve Tidd resigns
The board of directors of GHL Europe has announced that Steve Tidd has resigned from his role as chief executive of GHL Europe and Zenith Insurance.
Perkins Slade deliver structural response to collapse of takeover talks
Following the collapse of takeover talks with Oval, the Perkins Slade board, at its meeting in July, has shaken up its succession planning with two key appointments.
Credit crunch could lead to greater holiday risks
More than half of British holidaymakers (51%) said that travel insurance could fall off their list when planning their holiday this year as they feel the pinch of the credit crunch, according to new research out today.
Confused.com expands home cover choice
Confused.com has added E-home, an internet-only brand, to its list of insurers for home cover.
Fareham to be hardest hit by Zurich job losses
Zurich’s UK General Insurance business has today provided further detail on its recently-announced redundancies.
ABI claims fraud costs insurers £5m a week
Insurers are paying out £5m per week on fraudulent motor claims according to the results of a study published by the Association of British Insurers (ABI).