Broker
Bluefin acquires Bonsure Insurance Brokers
Bluefin Insurance Group has today completed the acquisition of Bonsure Insurance Brokers.
DLG boss expects reforms to prompt limited benefit in tough market
Direct Line Group chief executive Paul Geddes has vowed to adopt a conservative outlook on legal reform within the motor market and has suggested financial gains will be enjoyed by consumers as opposed to insurers.
LV’s ABC home launches on Kwik-Fit panel
LV Broker has launched its ABC home product on the Kwik-Fit insurance panel.
Aviva undertakes overhaul of external legal panels
Aviva is inviting law firms to pitch for a place on its global and UK panels as part of an overhaul of the insurer’s external legal advice set-up.
Competitive motor market sees GWP at DLG slide 4.5%
Tough market conditions have been identified as the root cause behind a 4.5% slump in the Direct Line Group’s gross written premium for ongoing operations in the first quarter of 2013.
Dual revamps senior management team
Hyperion Insurance Group’s underwriting arm Dual has made three senior appointments within its UK operation.
Ex-Groupama claims director Wills joins Nationwide accident repair firm
Former claims director at Groupama Insurances, Darren Wills, has been appointed operations director of Nationwide Network Services’ accident management division.
Expertise Live Video: The fight against fraud
The second Expertise Live event, held in association with Zurich, focused on fighting fraud in personal lines motor business.
Arag hires trio to join before-the-event claims team
Legal expenses insurer Arag has boosted its claims department with the addition of two new claim handlers and a senior claims handler.
UK General to launch niche motor scheme alongside Enterprise
UK General is preparing to launch itself into the non-standard motor arena with a scheme for brokers, in partnership with Gibraltar-based motor and general insurer Enterprise Insurance.
Former IFB and Groupama director Phil Bird returns as a broker with Coversure
Former Groupama Insurances claims and non-motor & SME underwriting director director Phil Bird is to return to the insurance market in June as a broker with Coversure based in Essex.
Ageas joins Hood Group home insurance panel
The Hood Group has added Ageas to its home insurance panel in a deal that will safeguard the insurer’s engagement for the next five years.
L&G chalks up 4% GWP increase amid record gains
Legal and General’s general insurance business achieved gross written premium growth of £86m, up 4% on the first quarter of last year (£83m).
RSA records stunted UK growth in Q1 despite commercial 'progress'
RSA'S UK business posted stagnant growth for the opening three months of the year, with net written premiums recorded at £726m (Q1 2012: £725m).
Towergate CEO Hodges hails new "flexible debt structure" after £396m bond issue
Towergate has announced the pricing of the offering by its subsidiary, Towergate Finance, of floating rate senior secured notes due 2018 in an aggregate principal amount of £396m.
Gallagher acquires Barbon Insurance Group’s commercial and property interests
Arthur Gallagher & Co has confirmed the acquisition of all of the property and commercial businesses within the Barbon Insurance Group, for an undisclosed consideration.
EIP and Costco launch van insurance scheme to SME market
Equity Insurance Partnerships and Costco Wholesale have launched a new van insurance scheme which is designed to target Costco’s SME customer base.
ABI, Biba launch best practice telematics guidance
New guidance for insurers on pay-as-you-drive cover has been released by the Association of British Insurers and the British Insurance Brokers’ Association
Post magazine – 2 May 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Simply Business closes in on MBO as Brit CEO Cloutier admits u-turn over broker commitment
Simply Business is close to a deal which will see it separate from Brit Group through a management buyout, Postonline has learnt.
UIB to place SulAmérica property treaty programme
Lloyd's reinsurance broker UIB has won the tender to place the property treaty programme for Brazilian insurer SulAmérica.
Industry and consumers targeted in two-part telematics guide
The Association of British Insurers and the British Insurance Brokers’ Association have teamed up to produce guidance for the industry and consumers on how to get the most out of telematics technology.
Ageas agrees out of court settlement with ex-Castle Cover shareholders
Ageas has confirmed it has reached an out of court settlement with a number of former senior Castle Cover figures.
Penny Black's insurance week
Penny recently had the pleasure of catching up with newly appointed British Insurance Brokers’ Association chief executive Steve White, hoping to gain an insight into his plans to change the sector for the better.