Broker
Financial services firms to see surge in PE investment, report says
According to new research from accountancy firm Grant Thornton, more than two thirds of private equity houses are set to invest in financial services firm in the next twelve months.
Mapfre wins Avanti deal
Mapfre Assistance has been awarded a contract to provide travel insurance and assistance services to Avanti Travel Insurance.
Young drivers face 50% rise in motor premiums
Young drivers face increases of at least 50% in the cost of their motor insurance over the next couple of years, according to Mazars.
JLT targets Latin American growth with Chilean deal
JLT is to expand its Latin American business with the acquisition of Chilean broker Orbital Corredores de Seguros.
Mapfre wins Avanti deal
Mapfre Assistance has been awarded a contract to provide travel insurance and assistance services to Avanti Travel Insurance.
Lockton announces Memphis expansion
Bosses at Lockton are planning a recruitment drive after deciding to open a Memphis-based risk management and employee benefits operation.
Towergate hires new group risk officer
Towergate Insurance has confirmed the appointment of Lisa Siggery as group risk officer, subject to FSA approval.
2014 is better Solvency II start date, say 60% of Aon Benfield conference delegates
Aon Benfield has released new findings that show 60% of European insurers attending its recent International Analytics conference think 2014 would be a better starting date for Solvency II.
Broker Assistance creates new sales and marketing director role
Broker Assistance has appointed Juliette Tarrant sales and marketing director, a newly created position designed to drive the firm’s growth across all customer and product lines.
2014 is better Solvency II start date, say 60% of Aon Benfield conference delegates
Aon Benfield has released new findings that show 60% of European insurers attending its recent International Analytics conference think 2014 would be a better starting date for Solvency II.
Whitaker to take Plum MD role
Underwriting and broking group Somerville Holdings has promoted David Whitaker to the role of managing director at its specialist household subsidiary Plum Underwriting.
Groupama launches online commercial product
Commercial brokers are wasting valuable time chasing commercial combined quotes, according to a survey of brokers by Groupama Insurances.
Arthur J Gallagher swoops for Lloyd's broker business
Arthur J Gallagher (UK) has acquired part of the liability and affinity portfolio of Lonmar Global Risks.
Technology in the international private medical insurance market
Tim Mutton looks at the role of technology in the international private medical insurance market.
Insurance Age blog: What did you have for breakfast today?
I'm going to tell you something you don't know about me. Happy Gilmore is one of my all time favourite films. There are a variety of reasons why this is the case but one particular exchange never fails to make me chuckle.
Technology in the international private medical insurance market
Tim Mutton looks at the role of technology in the international private medical insurance market.
Towergate acquires Kent broker
Towergate Insurance has acquired BWA Insurance Services trading as Beric Webb Associates.
FSCS announces board appointments
The Financial Services Authority has appointed Liz Barclay, Jayne Nickalls and David Weymouth as non-executive directors to the board of the Financial Services Compensation Scheme.
Motor insurers pay out £1.24 for every £1 premium earned
One in four UK third-party motor claims now involves a bodily injury element according to Towers Watson.
Endsleigh warns leisure trusts to check their policies
Endsleigh has warned leisure trusts could be liable should a customer injure themselves on a piece of faulty gym equipment.
Penny Black's insurance week
Penny had to check the date when she received word of a new insurance policy for players of the magical game of Quidditch — championed by Harry Potter and his Hogwarts classmates.
Editor's comment: Deadline decision time
It's not something a betting man would have ever wagered against but, as rumours continue to mount that the Solvency II implementation deadline will indeed be significantly pushed back, the UK insurance industry faces some difficult decisions.
Broker Assistance wins motor claims management deal
Alan & Thomas Insurance Group has appointed Broker Assistance to manage the claims for its entire motor portfolio.
JLT set to target economies emerging from conflict
JLT is set to launch a product suite aimed at companies that want to expand into economies emerging from periods of military conflict.