Broker
CBG sells PL business to Swinton
CBG Group has sold “certain elements” of its personal lines business to Swinton.
Post Magazine 18 February 2010
This issue included an interview with IRM chairman Andrew Keeling; analysis of loss adjuster Merlin's refinancing; a focus on Solvency 2: a report from Post's motor claims conference and roundtable; a reveiw of Chartered Broker Status; and analysis of…
HSBC sales director joins Towergate
Caravan and park homes broker Towergate Bakers has appointed Simon Townsend as its managing director.
Financial Regulator enters into settlement agreement with Jim Mannion & Co
The Financial Regulator has entered into a Settlement Agreement with effect from 17 February 2010 with Jim Mannion & Co (Insurances) Ltd Strokestown, Co. Roscommon, a regulated financial service provider, in relation to breaches of regulatory…
Groupama profits fall more than 50%
Groupama Insurances has announced a pre-tax £14m profit for 2009 – a fall of more than 50% on the £30.1m reported in 2008.
Bluefin insurance business revenues drop 9% to £116m
However, parent Axa pleased with 90% retentiuon rate.
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Penny black's insurance week
Penny was not the only lady wowed by race driver and stuntman Ben Collins at the 10th annual motor claims conference. The handsome gent, who worked on a number of stunts for the James Bond movie Quantum of Solace, told tales of celebrity encounters,…
Career Development News: Perkins Slade is chartered
Independent insurance broker Perkins Slade has been made a chartered insurance broker by the Chartered Insurance Institute.
Career Development News: Lockton set to roll out regional apprentices
Lockton is preparing to roll out its fledgling apprenticeship scheme after a successful pilot in Newcastle. The personalised training initiative could potentially see apprentices attached to each of the broker's 11 UK offices.
Ask the expert
Despite being on the market for more than six months since redundancy, I have yet to secure a position and am feeling desperate. I can't see what more I can do to return to work. What advice can you provide?
Chartered Broker Status: Raising the bar
Now entering its third year, Leigh Jackson assesses take-up and any tangible benefits of the CII's corporate chartered status for brokers.
Broker targets £40m turnover after MBO
Leicester-based broker Brett & Randall has set a target of doubling its turnover to £40m by 2015 following completion of a management buy-out.
Heath Lambert launches council consortium
Heath Lambert is working with a group of district councils to establish a consortium for purchasing insurance cover in the face of pressure to cut public spending.
RFIB boss reveals plans to buy but not to float
Lloyd's broker RFIB's new chief executive has told Post he expects it to become acquisitive, but stressed that it has no plans to join the list of intermediaries queuing up to float on the London Stock Exchange.
Industry united in FSA fee opposition
The insurance industry has voiced its concern over the Financial Services Authority's "value for money" after the regulator announced increases to regulatory fees for the next 12 months.
Giles takes on team
Giles Insurance Brokers has taken on the Brightstar Risk Solutions team, and will establish a new corporate & financial risks division as a result of the move.