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Auction insurance offered as hammer comes down

Commercial property insurance broker Cadogan Keelan Westall is to attend Network Auctions’ National Auction Room in Hatfield so it can put items bought under the hammer on cover as soon as they have been purchased.

Invicta buys Wordsmith's GI business

Paul Cosh and Steve Gamage’s acquisitive broker vehicle Invicta Insurance Services will complete its 9th acquisition in just 18 months in September, buying the general insurance portfolio of Suffolk broker Wordsmith Insurance Services.

Mitsui poaches Catlin pair in Midlands market push

Mitsui Sumitomo has enticed an underwriting duo from Catlin to spearhead its regional mid-market push in the Midlands, Post has learnt, having earlier lured a team from Chubb to build its presence in Ireland.

Aviva rules out target change despite over-achieving

Aviva has pinpointed a much improved private motor result as being pivotal to it posting an above-target combined ratio of 96% (H1 2010: 98%) for its half-year UK general insurance business. But despite emphasising “strong continued momentum” in UK GI…

Giles in bid to protect jobs after CBG buy

Expansionist broker Giles has vowed to protect jobs “where possible”, following the acquisition of Manchester-based broker CBG, which is expected to be finalised within two weeks.

BIS Countdown - British Gas: A closer bond

British Gas Insurance launched in 2009 with ambitions to become a major player, and fast. Jonathan Swift talks to Chris Stern and Edward Dutton about the challenges and opportunities they have encountered 
to date.

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