News
Claims People reports profit
The Board of Claims People, the AIM quoted insurance claims facility provider, has announced that Interim Results for the period to June 2007 have reflected both growth in revenues and a return to profit.
Europ Assistance wins Quinn Direct motor breakdown contract
Europ Assistance has been appointed to provide roadside assistance services to Quinn Direct motor policy holders in the UK and Northern Ireland.
PlusOne appoints Operations Director
Third Party administrator PlusOne Services, has appointed Anna Todd as operations manager.
Markerstudy Retail marks up seventh acquisition
The Retail Operation of Markerstudy Group has announced the completion of the acquisition of Melbrook Insurance Consultants, based in Morecambe, Lancashire.
SSP report 'encouraging' start to financial year
At Software Solution Partners (SSP) 2007 Annual General Meeting, David Rasche, executive chairman, commentd: "I am pleased to report that SSP has made an encouraging start to the financial year and trading is in line with management expectations. We have…
Towergate acquires Open GI
Towergate, has announced the largest deal in its 10 year history with the acquisition of Open International, the UK & Ireland’s leading supplier of IT solutions to insurance brokers.
Broker launches commercial insurance policy with eco discounts
Independent Insurance Services, the only insurance broker to be registered with the British Standards Environmental Management System (ISO14001) has launched a combined commercial policy under its ‘Ecocover’ branding with discounts for eco-friendly…
NU establishes underwriting academy
Norwich Union has launched an underwriting academy to boost employee skills and improve service levels for advisers and customers.
Brit launches regional trading floors
Brit Insurance Holdings has announced the launch of ‘trading floor’ facilities in its regional underwriting offices.
Open GI launches broker product clinics
Open GI is set to launch a new phase of Product Clinics to help brokers get the most out of their trading system.
New Post Office appointments
Post Office Financial Services has announced four new appointments to its insurance team.
Equity expands in Northern Ireland
Continuing its aggressive expansion plans in Northern Ireland, Equity Insurance Group has acquired County Tyrone broker, Martin Sheehy.
UK Broker Awards winners announced
On Friday 14 September the UK Broker Awards took place at The Brewery in London. Insurance Age sends it congratulations to all of the winners below as well as everyone that was highly commended.
Canning latest to step down at Erinaceous
Ashley Canning, managing director of Keelan Westall and Cadogan Keelan Westall, acquired by Erinaceous Insurance Services, is leaving the group.
Newman takes on Carole Nash MD role
Former Co-operative financial services marketing director David Newman has been appointed managing director of motor broker Carole Nash.
Allianz adds to motor fraud panel
Allianz Insurance has increased the size of its motor fraud investigations panel following a review of its five-strong panel.
Ecclesiastical to launch risk management company
Ecclesiastical has announced that it will launch a new Group company offering customers an independent, confidential and tailored risk management service.
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.