News
New broker portal launched to serve complex risks
A broker portal has been re-launched, specifically designed to meet the needs of the small to medium sized independent broker. The portal, brokers4brokers.co.uk, has been acquired by independent intermediary, Delite Insurance Agency, and will act as an…
Beware the rise in PI tourism, says law firm
Despite efforts by the EU to simplify the interpretation of national laws, the UK insurance industry is being exposed to significant risk from complex cases involving motorists of differing nationalities, according to insurance law specialist Browne…
Report highlights risks of driving without insurance
Hundreds of thousands of British motorists have admitted to driving without insurance, according to MoneyExpert.com.
Corporate insurance service launched for SMEs
Inspire Risk Management, a Layton Blackham Business Solutions partner, has been launched to provide a blend of corporate insurance broking services, with ART and captive consultancy services, to the small to medium-sized enterprise sector, as well as…
Cooper Gay in acquisition discussion with Heath Lambert
In line with its strategy of acquiring complementary wholesale and reinsurance businesses in the London market, Cooper Gay has confirmed it is in discussions with Heath Lambert with a view to acquiring its aviation, Global Business Solutions, FSJ and…
Bank consortium confirms Erinaceous acquisitions
A business investment company established by banks HBOS, HSBC, and Lloyds TSB has confirmed it has acquired three businesses from The Erinaceous Group, which went into administration last week.
Broker Direct makes third acquisition
Broker Direct has completed the acquisition of Bevan Fox Insurance Brokers based in Tamworth. This follows the purchase of Fitzsimmons Insurance Consultants in Stockport and Greenhalgh and Gregson in Bolton.
Advisers demonstrate TCF adherence through ISO
Many firms may now have TCF policies in place but it is questionable what proportion of these policies are embedded within the firm compared with those that are simply paying lip service to them, says assistance provider
Miller in boardroom first
Miller Insurance Services has appointed Nick Lyons as chairman, effective from 1 May 2008. Mr Lyons will be the first non-executive chairman of Miller replacing Iain Webb-Wilson, who has retired after 37 years at Miller, seven as chairman.
Acumus secures Fortress Underwriting network
Acumus Insurance Solutions, part of the UKU Group, has paid an undisclosed sum to acquire Bristol and Exeter-based Fortress Underwriting.
AIG UK set up new commercial lines division
AIG UK will be consolidating its Property, Liabilities and AIG Combined businesses into one Division under the leadership of Jason Harris as the new regional profit centre manager, property, liabilities and AIG combined.
CGI launches online kiosk for brokers
CGI has launched an online self-service kiosk for its account reconciliation centre.
Broker makes Top 100 profit track list
Henderson Insurance Brokers has emerged as one of the fastest growing companies in the latest Sunday Times PriceWaterhouseCoopers Profit Track 100 league table.
Weekly news review
Sarah Hills, Insurance Age news editor provides a run down of the major broking news this week including: Peter Hubbord leaves Axa, followed by Mark Cliff resigning to join Fortis. The European Health Insurance Card fuels travel underinsurance. A new…
Broker Network launches alternative network proposition
Broker Network has launched Broker Network Associate, which it describes as an alternative network proposition for UK independent brokers.
Allianz launches new UK customer team for corporate and specialty insurance
Allianz Global Corporate and Specialty UK is expanding its services to clients and brokers with the launch of a dedicated team of Key Account Managers and Broker Development Managers. With responsibility for developing and strengthening relationships…
ABC appoints David Parker for south east drive
ABC Insurance, part of the LV Group, has announced the appointment of former NIG distribution head David Parker.
Alan Leaman to leave ABI
The Association of British Insurers’s director of corporate affairs, Alan Leaman, will be leaving the Association later this summer to take up a new role as chief executive of the Management Consultancies Association.
Overseas homeowners warned to be more vigilant
Health and safety expert Check Safety First has warned overseas homeowners to be more vigilant before renting out their properties abroad.
Markerstudy makes four acquisitions
Markerstudy Retail has made four acquisitions in December to complement its existing operations in the Midlands.
British travellers confused about new European Health Insurance Card
Research from travel insurance company InsureandGo (www.insureandgo.com) has found that British travellers are highly confused about the new European Health Insurance Card (EHIC).
Axa plan for Cliff exit
Axa has revealed its plans following the confirmation that Mark Cliff, formerly markets managing director at Axa, has resigned and will be joining Fortis later this year. It said: 'Mark Cliff, formerly markets managing director at Axa, has resigned and…
Mark Cliff joins Fortis
Mark Cliff has been appointed in the new role as managing director of Fortis Insurance Limited (FIL), directly reporting to Barry Smith, CEO for Fortis UK.