News
Two new brokers join Cobra
Cobra Network has signed its 126th membet - its fifth new members in the past two months. Lewes-based LBS Commercial Insurance Brokers joined on 29th November and Henry F Dodds of Newcastle upon Tyne joined on 1st December as member number 126.
Oval buys Bristol broker
Oval has further increased its presence in the South West with the purchase of Tett Hamilton - it's 25th acquisition.
New chairman and chief executive joins Marsh
Marsh & McLennan Companies Inc (MMC) has appointed Daniel S. Glaser as chairman and chief executive officer of Marsh Inc, MMC's insurance broking subsidiary.
IIB calls upon Treasury to completely review FSCS
In its response to the HM Treasury discussion paper, Banking Reform Protecting Depositors, the Institute of Insurance Brokers (IIB) has called for a complete review of the Financial Services Compensation Scheme (FSCS).
UK commercial market set to outperform the personal market
New reports from independent market analyst Datamonitor indicate that growth in the UK commercial general insurance market will exceed that achieved by the personal general insurance market between 2007 and 2012.
AIG UK Limited successfully completes transfer process
After the successful completion of a transfer process involving permission from the High Court and notification to millions of policy holders, a new name has been created in the general insurance industry.
Record insurance reserve releases protect UK motor insurance profitability
Deloitte’s analysis of Financial Services Authority (FSA) returns has found that in 2006 motor insurers had a net operating ratio of 101.4%, the sixth year of clear operating profit. However, the headline results mask a significant downturn in underlying…
Appointment at Allianz Insurance
Allianz Insurance has welcomed Ling Stephens as its new head of internal audit, while Allianz Commer...
Appointment at Chambers and Newman (Manchester)
Chris Gradwell has been promoted to commercial department manager at Chambers and Newman (Manchester...
Appointment at ACE UK
ACE UK has appointed Patrick Drinan as its national distribution director for UK and Ireland, moving...
Appointment at Evolution Underwriting
Evolution Underwriting has recruited Jon Denney as a business development executive. He joins from W...
Appointment at Broker Direct
Broker Direct has appointed Paul Brierley as its director of sales and marketing. He takes over from...
Parkins heads Jelf's Purple
Bob Parkins has been named managing director of the Jelf-owned broker network, the Purple Partnershi...
Thunderhead in top 500
Thunderhead was included in Software Magazine's Software 500 ranking of the world's largest software...
Appointment at Ntegrity
David Jones and Rod Alcorn have joined the commercial insurance team at Ntegrity, becoming new accou...
Kevin Wood's role at AMG to be split into two positions
Kevin Wood's role as group managing director at AMG will split into two positions. Wood becomes chie...
JLT buys back £40m in shares
Jardine Lloyd Thompson is due to start a buy-back programme that will see the insurer regain £40m wo...
AGM to soothe Open fears
The chief executives of Towergate and Open International attended the Open User Group annual general...
Appointment at ABC Insurance
ABC Insurance has taken on Stephanie Mercieca as its broker operations manager. She has previously h...
Appointment at Mondial Assistance
Mondial Assistance has hired Jody Baker as its business development manager for corporate and travel...
Lomas accepts jury's decision
Dennis Lomas, former financial director of Independent Insurance, will not be appealing the jury's d...
Towergate on verge of securing network deal
Towergate has made a bid of £95m for Broker Network that has been accepted by over 50% of the compan...
Insurers reveal huge costs of floods in Q3 results
Britain's major insurers have revealed the depths to which the summer's floods have affected their p...
Appointment at Centor
Centor has appointed Graeme Whittle as a senior account executive to its commercial development divi...