News
NU rethinks regional model to build stronger ties with brokers
Norwich Union (NU) has introduced a new trading model to its regional centres, in a bid to improve e...
Woodstock Insurance acquires Financial Profiles
Woodstock Insurance Brokers has acquired the general insurance business of Financial Profiles. Tony ...
The FSA announces management changes
The Financial Services Authority (FSA) has announced that Clive Briault will be leaving the regulato...
Biba to offer financial crime advice
The British Insurance Brokers' Association (Biba) is compiling a paper looking into financial crime ...
2007 travel claims bill tops £400m
Travel insurers faced a collective claims bill of more than £400m last year, according to travel ins...
Soundbytes
What is Ebroker? Ebroker is a website - www.allianzebroker.co.uk - for the commercial broking commu...
Capita brings BDML and Lancaster together
Capita Group has confirmed the acquisition of Lancaster Insurance Services.
Former QBE MD appointed to head up London office
Glacier Insurance AG, the European insurer, has commenced underwriting operations in London, having received the relevant regulatory approvals. In addition, Steven Price has been appointed managing director, Glacier Insurance London.
Aspen establishes Lloyd’s Syndicate 4711
Aspen Insurance Holdings has announced that it received approval from Lloyd’s to establish a new Lloyd’s Syndicate, called Syndicate 4711 with the pseudonym of "ASP". Syndicate 4711 will commence underwriting from early April for business incepting from…
Mood among Lloyd’s brokers uncertain amid downturn claims survey
Lloyd’s brokers painted a mixed picture of resignation and resilience in a survey published today by international accountancy and advisory firm Mazars.
Cobra reports rise in profits
Cobra Holdings has reported an increase in its operating profit by 56% after releasing its 2007 annual results.
BiB Insurance joins Brokerbility
BiB Insurance of Darlington has become part of Brokerbility, a group of independent brokers who have joined forces to gain access at a higher level to large insurance companies throughout Europe.
Oxygen enter infrastructure finance market
Oxygen Insurance Brokers(Oxygen) has created an infrastructure finance team within its UK corporate risks practice.
Howden appointed to Biba PI panel
Howden has been accredited by Biba and appointed its PI panel.
Consolidation activity at smaller end of market
Finch Commercial Insurance Brokers has acquired Ashcombe Border Insurance Brokers in Liphook, Hampshire.
Consolidation hits premium finance market
Close Premium Finance (CPF) has announced the acquisition of Amber Select, the premium finance company known as Amber Credit and previously owned by Skipton Building Society.
uSwitch calls for regulation on consumer fees and charges
As the car insurance industry scoops £333 million a year for amending policies, but there is no regulation in place to control the amount of money it can squeeze out of consumers for fees and charges, according to uSwitch.com.
Brokers' Committee elects new chair
Aon deputy chairman Jonathan Palmer-Brown has been elected chairman of the London Market Insurance Brokers’ Committee.
Ecclesiastical profits reveal impact of summer floods
Ecclesiastical has reported a 50% drop in pre-tax profits and a sharp hike in its combined ratio as the summer floods and theft of metal from churches hit hard on its 2007 annual results.
Consumer panel responds to Northern Rock review
The Financial Services Consumer Panel said it welcomed the Financial Services Authority's (FSA) Internal Review of Northern Rock, but was disappointed that there had not been more independent input to the review.
FSA issues warning over insolvent brokers
The Financial Services Authority (FSA) has today issued a warning about two insurance brokers, Orion Direct of Clitheroe, Lancashire, and Peppercom of Cheltenham, Gloucestershire.
FSA moves to enhance supervision in wake of Northern Rock
The Financial Services Authority (FSA) has published a summary of a review carried out by its internal audit division into its supervision of Northern Rock. The review has identified a number of areas for improvement in the execution of supervision,…
Ellis challenges network competitors
Broker Network has added acquired a new business, welcomed a new member and issued the results of a member satisfaction survey prompting chief executive, Grant Ellis, to issue a challenge to its competitors to do the same.
CII support ABI's push for personal injury reform
The Chartered Insurance Institute (CII) Group has said it will support the Association of British Insurers (ABI) in calling on the government to follow through on its proposed reforms to the personal injury compensation system.