News
Somerville Group acquires Voyager Insurance Services
Somerville Group has confirmed the acquisition of a majority stake in Voyager Insurance Services.
CCV announces latest acquisition
Cullum Capital Ventures (CCV) has announced its latest acquisition, with Wigan–based Alker Brothers joining the group.
Lord Hunt of Wirral to review FOS
The board of the Financial Ombudsman Service (FOS) has engaged the Rt Hon Lord Hunt of Wirral MBE (David Hunt) to lead an independent review of the organisation – focusing on the openness and accessibility of the ombudsman service to its wide range of…
Junction appoints new MD
The BGL Group has appointed Peter Thompson as managing director of its affinity outsourcing business, Junction.
LEI provider claims tribunal risk greater than ever
Suggestions that employee relations are becoming less combative have been dashed by official figures, just released, showing a 15% increase in employment tribunals in 2006-7. This follows a 34% increase the previous year.
Highway sees evidence of premium rate recovery in H1 results
Highway has reported to the Stock Exchange a profit before tax of £11.8m up from £7.5m in the same period last year and saw the value of gross written premiums increase from £119.3m last year to £131.2m in 2007 (up 10%) in its H1 interim results.
Test case blow for insurance industry
A recent ruling in the long-running legal case involving Accident Exchange has been decided in favour of the credit hire business.
Exam success at Outright
One hundered per cent of staff at Stoke-based insurance broker, OutRight, who sat Chartered Insurance Institute (CII) examinations, achieved passes in three CII examinations, qualifying them for the Certificate in Insurance.
Primary General launches new online product
Primary General is launching a new Tradesman Policy - its first ‘online only’ product.
UKGI in new partnership arrangement with MMA
Insurance broker support services specialist UKGI has entered into a new partnership arrangement with MMA Insurance as part of its offering to its UKGI members.
Private Health Partnership acquires
The Private Health Partnership (PHP) has acquired the medical insurance portfolio of Home Counties Healthcare (HCH) for an undisclosed sum.
Female resignations hit new high in insurance sector
Female resignation rates have hit a new high in the insurance sector, despite women achieving promotion at a quicker rate than men.
'Solid results' for Brit Insurance
Brit Insurance Holdings has announced its interim results for the six months ending 30 June 2007.
Primary General launches H&S service
Primary General has launched a new Employment and Health & Safety Support service, which will provide all Primary General policyholders and brokers with a HR and H&S service delivered through the Primary General website and a dedicated human resource and…
Allianz reviews claims division
Allianz Insurance has announced that it is refining the organisation of its claims division as part of a strategic objective to deliver excellent service and expertise to its customers.
Axa acquires The Davis Group
Axa is buying the entire share capital of The Davis Group through its subsidiary Venture Preference, (VPL), which owns the recently acquired Smart & Cook, Stuart Alexander and Layton Blackham businesses, purchased earlier in 2007.
AIG Europe acquires Direct Travel
AIG Europe (UK) has acquired Direct Travel Insurance Services (DTIS), one of the UK's leading independent travel insurance specialists.
ProtectaGroup continues expansion
ProtectaGroup has continued its rapid expansion with the successful acquisition of Hodge Insurance Brokers, the general insurance subsidiary of Julian Hodge Bank, in a multi-million pound deal.
Broker Network completes twentieth acquisition
Broker Network has completed the acquisition of commercial insurance brokers Sullivan Garrett, the twentieth acquisition to be made by the group.
Agricultural cover unlikely to change despite disasters
The managing director of a Lichfield-based insurer has said that insurers will not offer cover for d...
CCV looks at £20m buys
Cullum Capital Ventures is now looking at buying brokers with up to £20m of gross written premium, a...
Hurricane Dean loss estimated at £1.5-3bn
Insured losses from Hurricane Dean are estimated to cost between £1.5bn and £3bn, according to catas...
Consolidation "strangling opportunity" for entrepreneurs
Martin Sykes, managing director of Bradford-based Beaumonts Insurance Brokers, has warned the market...
EMB: Floods will cause 10% motor premium rise
Europe's largest firm of non-life actuaries, EMB, claimed that motor insurance premiums would increa...