Broker
More insurance jobs to be cut as major players wrestle with economic climate
Aviva and Direct Line Group will not be alone in making job cuts over the next 12 months as other insurers look to streamline their businesses, market observers have warned.
APC takes first step into mainland Europe
APC has taken its first step into continental Europe by launching two SME insurance products in the Dutch market through its new platform APC Holland.
Towergate win boosts Gable GWP 'by 30%'
Towergate Underwriting has entered a five-year partnership with listed insurer Gable Holdings, which will act as a cover provider from January 2013.
BGL ups fraud protection for van customers
The BGL Group has increased its fraud protection for the firm's Budget and Dial Direct van insurance customers, which will be verified via its in-house data hub.
Skuld claims costs soar as a result of international pooling system
Marine insurance provider Skuld chalked up record high claims costs from the international group's pooling system, leading to a bottom line deficit of $2.9m (£1.8m) with corresponding contingency reserves of $288m (£178.9m).
Jelf profit rises 23.5% to £3.5m
Jelf has reported a 1.3% rise in revenue to £73.0m (2011: £72.1m) while Ebitdae increased by 11.6% to £11.3m (2011: £10.1m) in the year ending 30 September 2012.
Top five Asian news stories
The top five stories from www.insuranceinsight.com over the past seven days.
Ince & Co appoints new corporate insurance partner
International law firm Ince & Co has appointed Richard Britain as head of corporate insurance.
Jelf promotes Sumner to north west regional director
Alan Sumner, pictured, has been appointed as Jelf Manson's new regional managing director for the north west.
Willis splits European operations
Global broker Willis is dividing its European operation into two distinct regions: Western and Central & Eastern Europe.
Swinton expands commercial reach with purchase of Stroud-based broker
Swinton has acquired Alexander James Commercial for an undisclosed sum in a deal designed to expand the firm's commercial reach across the UK.
Willis restructures Europe operation
Willis is dividing its continental Europe operation into two regions: Western and Central & Eastern Europe.
Willis UK's Wilkinson joins RSA
RSA has appointed former Willis UK Retail chief executive Dan Wilkinson as mid-market regions director.
Henderson appoints commercial broker
Insurance broker Henderson has promoted Kris Allington to a new role as commercial broker as the company seeks to maintain growth.
Open GI names product development head
Systems provider Open GI has moved to bolster its product development operations with the appointment of Kerri Finnegan to head the department.
Aon underlines Midlands expansion with new Birmingham office
Birmingham business leaders and community figures attended the opening of Aon Risk Solutions' new office in the city, as the company's long-term investment in the region gathers momentum.
Layton Blackham founder joins UK General board
Chris Blackham, founder of consolidator Layton Blackham, has been appointed non-executive director on the board of UK General Insurance.
Groupama takes Carole Nash off the market
Groupama's broking arm has withdrawn the motorbike broker Carole Nash from sale, deciding to keep the business with the parent company.
Ex-Lockton business operations boss Barwell moves to Giles
Giles has appointed former Lockton risks solutions boss Stephen Barwell to the role of head of business operations.
Towergate Insurance acquires Norwich and Peterborough Insurance Brokers
Towergate Insurance has completed its 25th acquisition of 2012, securing a deal to pick up the business and assets of Norwich and Peterborough Insurance Brokers.
Besso secures £5m in investment funding
Independent broker Besso Insurance Group has completed a deal to secure an additional £5m in investment capital from shareholders to support growth plans.
Insurance Insight - Regulation not restriction
In this latest digital edition Insurance Insight looks at the close eye Asian insurers are keeping on regulation with the growing emphasis on a hands-on approach by regulators.
FSCS £21m levy increase on brokers is ‘kick in the teeth’
The Financial Services Compensation Scheme is to raise the insurance intermediary sub-class levy by a further £21m in the first quarter of 2013 owing to an increase in payment protection insurance compensation.
Ceta promotes O’Hara to business development manager
General insurance network Ceta Insurance has appointed James O'Hara to business development manager.