Broker
FOS receives more than 1000 PPI claims a day
The Financial Ombudsman Service has revealed that it now receives 1500 payment protection insurance complaints every day, taking the overall total beyond 400 000.
'We've stopped the rot', says Oval CEO Blanc ahead of results
Oval Insurance Brokers will report a 6% boost in gross sales and a "headline profitability" of £15m when it publishes its results for the year ending May 2012 later this week.
Cobra directors Zandler and Lincoln resign
Two Cobra directors have resigned from the broker less than a month after shareholders accepted Alto Intermediary's offer to acquire the business.
Barbon chairman Tim Redburn steps down
Tim Redburn has resigned from his role as chairman of property insurance broker Barbon after five years.
LV wins tennis sponsorship deal
LV has agreed a new tennis sponsorship deal with IMG-owned Statoil Masters Tennis.
Oxygen Holdings goes into liquidation
Oxygen Holdings has gone into liquidation 10 months after selling much of its business.
Markel UK recruits broker manager from Chartis
Markel International has appointed Julia Churchill as broker development manager for the southern region.
Lorica makes senior hires as recruitment drive continues apace
Lorica has unveiled a string of appointments this afternoon, including a branch director for its newly opened Leeds operation.
RK Harrison recruits cyber specialist from Marsh
RK Harrison has appointed David Rees as head of cyber practice in its specialist casualty team.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Axa extends commercial property contract with GAB Robins
Axa has today confirmed the renewal of its commercial property loss adjusting contract with GAB Robins, which will continue to manage all claims up to a value of £250 000.
Wholesale expansion underway at Lucas Fettes
Lucas Fettes is aiming to bolster its wholesale division following the acquisition of south coast underwriting agency Cougar Underwriting.
Scottish police roll out campaign against uninsured drivers
Police in Scotland have launched a three-day clamp-down on uninsured and unlicensed drivers, following a survey stating that there are currently around 1.2 million uninsured drivers nationwide.
More of the same in H2, says FXB, as Groupama targets strategic shift
Groupama chief executive François-Xavier Boisseau has dismissed suggestions that the divestment of the firm's UK broking arm is likely to significantly dent the future financial performance of the business.
Jelf partners with the REC
Broker Jelf has become the exclusive insurance partner of the Recruitment & Employment Confederation.
Groupama achieves profitable H1 as tangible divestment begins
Groupama has recorded a 20% rise in profits before tax in H1 2011 to £22.2m.
Salient Solutions founder joins Capita's insurance arm as non-executive director
Capita has appointed Clare Ryder as non-executive director of the partnerships arm in the firm's insurance services business.
Two-year solicitors' PI cover designed to ease ARP fears
Indemnity Risk Solutions is offering solicitors professional indemnity insurance policies that last two indemnity periods, as opposed to the one-year policies or two-year deals with numerous caveats available elsewhere in the market.
South Wales expansion sees Brightside create 48 tech jobs
Brightside has been given the green light to create a software development operation in South Wales, having been granted a business finance package of almost £500 000 by the Welsh government.
Towergate makes double acquisition
Towergate Insurance has acquired the non-life insurance business of Dean & Milward and Greaves Adams.
DLG claims transformation manager joins First Central fraud team
First Central has appointed former Direct Line Group claims transformation manager Chris Hallett to the role of operations manager at the firm's recently formed counter-fraud services team.
Lockton woos another ex-Lucas Fettes broker to Manchester operation
Clare Mackay is the latest Lucas Fettes broker to join Lockton's recently formed Lloyd's and London market unit in Manchester.
FSA enforcement appointment wins backing of legal expert
CMS Cameron McKenna boss Simon Morris has praised the appointment of Tracey McDermott as FSA director of enforcement, describing her as "clear, tough and determined".
Commercial expansion underway at Autonet following product launch
Autonet Insurance has expanded its commercial business product line following the introduction of shops and commercial let insurance.