News
Tokio Marine welcomed as Biba associate member
The British Insurance Brokers’ Association (Biba) has announced that Tokio Marine Europe Insurance has joined the organisation as an associate member.
Ecclesiastical signs up for climate change partnership
Gloucester-based Ecclesiastical has become the first insurance company to make a financial commitment to one of the UK’s 10 regional Climate Change Impact Partnerships, bodies set up to advise the public and private sector about how to adapt to the…
THB pulls out of PWS acquisition deal
THB Group has announced that it has terminated discussions with the board of PWS Holdings for the acquisition of the Lloyd’s broking business of PWS International and overseas interests of the PWS group.
CII membership sees best growth for 70 years
The CII group has announced its best year for membership growth since 1935. In 2007, CII membership grew to just under 92,000 members representing a 7.2% increase on 2006.
Drakefield launches new travel insurance aggregator site
Travel Insurance giant Drakefield Insurance Services has launched a new aggregator site, whichpolicy.co.uk, backed by a two-week TV campaign.
Central Insurance Launches Risk Management Newsletter
Scottish insurance broker, Central Insurance Services, has launched a newsletter which is targeted at clients and other groups, including risk management specialists, company managers and professional bodies.
NU’s latest initiative sees 110 brokers sign up to ‘110’
Launched in November 2007, 110 brokers have already agreed to join Norwich Union’s (NU) exclusive club - called ‘110’ - which is by invitation only for brokers with an account of between £800,000 and £5m with NU.
R K Harrison creates new construction division
R K Harrison has welcomed Mark Playle to work alongside Darren Marshall as joint principals of R K Harrison’s new construction division.
Manchester broker hits consolidation trail
Manchester-based Bridge Insurance Brokers has acquired fellow independent North West broker Chartwell Insurance Brokers.
Markel open to trade all new claims electronically
Markel International has confirmed that it is now ready to accept any new claim that is in-scope through the electronic claims file (ECF) system.
Axa finance director to leave for Groupama
Groupama Insurances has announced the appointment of Laurent Matras as managing director.
Thatcham to open regional training centre
Thatcham has announced plans to open the research centre’s first regional training centre.
Lockton agrees move to landmark City site
Lockton has announced that it has agreed to a 20-year lease to move into a new European Headquarters at UK property developer Minerva’s St Botolphs site.
Oval acquires Top 100* broker
Broking consolidator Oval has acquired Ipswich based insurance broker A J Cook commonly referred to as cooksheppardpinhey.
Insurers facing rise in PI claims
With the commercial and residential property sectors under increasing pressure, professional indemnity (PI) insurers are bracing themselves for a significant rise in claims according to professional liability risk consultants, Flaxman Partners.
Online motor insurance premiums take a dip
Online comprehensive motor insurance premiums dipped slightly during the last quarter of 2007, the first quarter to see a fall in the average price since 2005, according the latest Motor Insurance Benchmark from Experian.
MIB winning war against uninsured driving
The Motor Insurers’ Bureau (MIB) has announced the latest results of its campaign against uninsured driving.
Liberty acquires Vision Underwriting
Liberty International Underwriters (LIU), has acquired Vision Underwriting, a Cheltenham-based specialist in professional indemnity, employers, legal expenses, public and products liability and directors and officers covers.
Markerstudy Retail increases Midlands presence
Markerstudy Retail has announced the completion of four acquisitions to complement its existing operations in the Midlands.
Former AA chief heads to Iprism
Online small to medium-sized enterprise comparative quote facility Iprism has appointed Kevin Sinclair as managing director.
Equity adds to motorcycle book with Bike Team purchase
Equity Insurance Brokers has acquired the entire book of specialist motorcycle broker, Bike Team, including the rights to continue to promote the Bike Team brand.
Broker Network adds first member of the year
Broker Network has announced that Continuum Insurance Brokers has become the first new member to join the network in 2008.
Provider churn could disrupt pet insurance market, says Defaqto
In its new report into the Pet Insurance Market, Defaqto revealed that the rate of provider churn could have a detrimental effect on the market unless adequate arrangements are put in place to protect existing policyholders.
Broker calls for flood management rethink
A Sheffield broker manager has said that while the insurance industry's reaction to the summer flood...