Broker
Centor triumphs at IIP awards
Carly Nunn, HR, IT and business projects manager at Centor, has won the Outstanding Individual Award at the first Investors in People London Special Achievement Awards.
Biba is always full of nuggets
The British Insurance Brokers' Association always throws up some surprises. Snooker legend Steve Davis speaks to Post about why he will be there promoting professionalism in the industry.
Insurance websites escape VAT after HMRC loses appeal
Two insurance websites have been told they need not pay VAT after a five-year legal battle with Her Majesty's Revenue and Customs.
Oxygen extends reach with Dubai broker move
Oxygen Insurance Brokers has agreed a deal with Dubai-based intermediary Brokerage World Solutions that will see it service its UK business currently handled by rival brokers including Jardine Lloyd Thompson, Marsh, and Willis.
Aviva to run more ads
Aviva is to run further press and radio advertisements advising businesses to seek help and advice through a broker when buying their business insurance.
BPO firm expects to see growth in second half of 2010
Xchanging, the business processing company, today said it expected growth to be weighted towards the second half of 2010 due to the time it takes to conclude deals in its markets, including the London insurance market.
Junction takes on former Bradford & Bingley customers
Junction has acquired a customer base incorporating 140 000 policyholders from part-nationalised bank Bradford & Bingley.
HSBC education practice survives Marsh cull
HSBC Insurance Brokers' education practice is the only division likely to be unaffected by job losses following its recent acquisition by Marsh.
Ex-Hero boss plans start-up
Ian Meyer, a director at Capita Insurance Distribution, is poised to leave the firm to set up his own brokerage, Post has learnt.
BWS and Oxygen launch London market broker
Brokerage World Solutions and Oxygen have joined forces to launch a new London market intermediary.
Aviva sticks with broker campaign
Aviva is to run further press and radio advertisements advising businesses to seek help and advice through a broker when buying their business insurance.
FSA to consult on FSCS changes
The Financial Services Authority has today issued a consultation paper that includes proposed Handbook changes in relation to financial stability and market confidence.
Marsh reshapes national corporate team
Following completion of its acquisition of HSBC Insurance Brokers on 1 April, Marsh is adding to its UK national corporate leadership team.
Lockton launches insurance for "medical tourism"
Lockton Singapore Pte Ltd has launched an insurance product to cover the cost of medical complications for medical travellers receiving surgery abroad.
Aerospace insurance costs continues steady descent
Reduction in exposure to risks throughout the aerospace sector means insurance costs are falling and further reductions are likely this year, according to Aon's Aerospace Insurance Market Outlook 2010.
Power Place saves time claims CEO
Power Place has published research claiming that brokers using the online commercial insurance marketplace can generate comparative quotes four times more quickly than using insurer extranets.
Two thirds of businesses "concerned" over prospect of hung parliament
Nearly two thirds of businesses (65%) are “concerned” or “very concerned” about the potential impact of a hung parliament, according to the British Chambers of Commerce’s latest monthly business survey.
Safeonline acquires IP firm Samian
Independent Lloyd’s insurance broker Safeonline, has acquired Samian Underwriting Agencies.
Open GI aggregator quotes top £2m
Insurance quotes generated by Open GI’s market-leading E-Aggregator solution have risen above two million per day.
Central outsources claims to Bankstone
Independent insurance intermediary Central Insurance Brokers has signed up outsourced claims firm Bankstone to provide a full-service white-labelled external claims handling service to its clients.
Aon Benfield Analytics appoints new head of actuarial and ERM
Broker Aon Benfield Analytics has promoted Paul Kaye to head of actuarial and enterprise risk management within its international analytics team.
Power Place adds six to broker development team
Power Place has made a series of new appointments to its broker development team.
Motor rate rises come to an unexpected halt, claims the AA
The sharp car insurance premium increases of 2009 came to an unexpected halt over the first quarter of 2010, according to the latest benchmark AA British Insurance Premium Index.
Insurance websites dodge VAT after court hearing
HMRC has lost a hearing in the Appeal Court today to rule insurance intermediary services as liable to VAT, in a case involving website Insurancewide.