SME

Power hour: A cooperative coalition?

This month's power hour assesses the impact the Con-Dem Government has already had on insurance and debates how it will continue to influence the industry in the future. Liz McMahon reports.

Brit cuts UK private motor book by 60%

Brit Insurance revealed it has cut its UK private motor book by 60% as it reported a 10.8% drop in UK gross written premium to £210.1m for the first six months of 2010 (H1 2009: £235m), a 11.4% decrease at constant exchange rates.

First Assist and Morgan Cole join forces

First Assist has signed a deal with Morgan Cole which it claims makes it the first law firm in Wales with delegated authority to provide after the event (ATE) insurance in commercial cases.

Canopius acquires KGM

Canopius Group has announced the acquisition of the business of KGM Underwriting Agencies, which manages Syndicate 260, one of two Lloyd's syndicates dedicated to writing motor business, together with approximately 60% of Syndicate 260's capacity.

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