News
Biba launches guide
The British Insurance Brokers' Association (Biba) has launched a guide aimed at assisting its member...
Fortis acquires majority share in InsureTECH Systems
Fortis has acquired a majority share in InsureTECH Systems, an internet software development company...
Planned PPI compensation claims ‘should help weed out mis-sellers’, says Ceta
Planned compensation claims by up to 70,000 consumers, who believe they were sold inappropriate or overpriced payment protect insurance (PPI), is good news if it helps to rid the market of those responsible for mis-selling, according to Ceta.
ClaimWatch moves into the insurance sector
ClaimWatch has stated a promotion of its web-based ClaimWatch® package into the insurance sector.
Oval acquires healthcare specialist
National insurance broking and financial services company Oval has acquired Bristol and Lancashire based company UMS (United Medical Services).
TL Risk Solutions achieves chartered status
The Chartered Insurance Institute (CII) has awarded the ‘Chartered Insurance Brokers’ title to TL Risk Solutions (TLRS), a provider of risk management, healthcare and insurance advice to business and private individuals across the UK.
Chubb Insurance expands motor cover into Ireland
Chubb Insurance Company of Europe has expanded its motor insurance cover into The Republic of Ireland, launching its unique Masterpiece Motor Policy. Chubb has offered specialist home and travel cover in the Republic of Ireland since 1998, but has now…
Superyacht broking business moves to Oxygen
Oxygen Insurance Brokers (Oxygen), the Lloyd’s broker, has formed a new specialist team in partnership with CRS yachts (CRS yachts), an insurance broking team servicing the superyacht industry.
Groupama Insurances adds to sales proposition
Groupama Insurances has made a range of enhancements to its group and individual personal accident cover to provide brokers and intermediaries with an additional sales proposition.
Scrutton Bland join the Willis Commercial Network
The Willis Commercial Network (WCN) continues to strengthen its position in the UK with the addition of a new member, Scrutton Bland. The WCN is the partnership of Willis Group Holdings (NYSE: WSH), the global insurance broker, with over 75 local,…
VP enters private medical market with acquisition of THIG
Venture Preference (VP) has launched into the private medical insurance market after buying The Health Insurance Group (THIG) in a deal which sees Venture Preference’s gross premium income exceed £500m.
Marsh recruits six in affinity drive
Marsh has made six new appointments to its Consumer and Commercial Affinity business in the UK. Based in London, the new members of the team will focus on developing Marsh’s business in the fast-growing affinity sector in the UK.
Crawford & Company UK relocates in Cardiff
Crawford & Company UK is relocating, within Cardiff, to a new office from 1 November 2007.
SFO - Indie Trial Sentencing Statement
Michael Bright, Philip Condon and Dennis Lomas have all been sentenced to terms of imprisonment.
Gocompare welcomes growing fronting awareness
Price comparison service Gocompare.com has welcomed the Financial Ombudsman Service’s (FOS) recent efforts to raise awareness of the practice known as ‘fronting’.
Serious Fraud Office Indie Trial statement
Michael Bright, Philip Condon and Dennis Lomas have been found guilty of conspiracy to defraud in relation to their running of Independent Insurance, of which they were directors. They are to be sentenced tomorrow morning.
A new website for Provident Insurance
Provident Insurance has launched its new company website, www.providentinsurance.co.uk
Claims deluge: water damage continues to makes waves
28% of residential and commercial property claims are the result of water escape, according to statistics for January to September issued by Lockton’s Real Estate & Construction division. Storms have also proved a problem area, accounting for 23%of…
Somerville to merge Oak and Plum underwriting agencies
Somerville Holdings has announced its intention to merge its Oak Underwriting and Plum underwriting operations early in the New Year, subject to regulatory approval.
Senior Venture Preference appointments announced
Venture Preference (VP), Axa’s broker subsidiary, has announced the first four senior VP positions since the purchase of Stuart Alexander, Layton Blackham and Smart and Cook.
Cobra makes £4.3m broker acquisition
Cobra Holdings has acquired UKI Holdings and its subsidiary, UK & Ireland Insurance Services, a Manchester-based general insurance brokerage specialising in Commercial insurance, in particular for the construction industry. Cobra will pay a total…
iprism and Gocompare combine in SME offering
Iprism has launched its white label service and announced its first client is insurance comparison website, Gocompare.com.
Smart and Cook create bespoke football package
Smart and Cook has joined up with Wigan Athletic to create a bespoke package of insurance services for fans. The deal with Wigan has been signed on a three year arrangement.
Grain price increases leave farmers at risk
Farmers are being warned to check their crops insurance amid fears that recent increases in grain prices may leave them without enough cover.