Commercial
Blink launches Purely revival
Motor facility Purely Motor has relaunched after its former partner and broker distribution specialist Blink Intermediary Solutions acquired the rights.
European piecemeal approach to affect single insurance rules
The European Union's long-term goal of introducing a continent-wide set of insurance industry rules has been put in jeopardy as larger member states look to adopt a fragmented approach to the introduction of regulations.
New Aviva chief could prompt Asia push
Aviva may look to boost its 'sub-scale' Asian business given the incoming group chief executive's experience as head of AIG's Asian life operation.
Insurance accounting standards facing challenges, claims report
Key details need to be settled on new insurance accounting standards despite recent significant progress in the market, according to Swiss Re's latest research publication.
Airmic unveils new 90-day reservation of rights clause
The industry has backed a clause created by risk management association Airmic which gives insurers a 90-day cooling off period to freely exchange information with the policyholder before resorting to the reservation of rights.
Aviva appoints Mark Wilson as group chief executive
Former AIA chief executive Mark Wilson, pictured, has been appointed group CEO and will receive a basic annual salary of £980 000, Aviva has revealed.
S&P upgrade of UK Club outlook 'a welcome endorsement'
Shipping protection and indemnity insurance mutual The UK P&I Club has welcomed Standard and Poor's decision to upgrade the firm's outlook from 'stable' to 'positive'.
Invicta secures deal for Sevenoaks broker's GI portfolio
Invicta Insurance Services has beaten off competition from a number of interested parties to secure the acquisition of Sevenoaks Insurance Brokers' entire general insurance portfolio.
UIB brings in Raven for energy director role
International reinsurance broker United Insurance Brokers has appointed Joss Raven as divisional director of its upstream energy division.
QBE replaces Ageas as commercial capacity provider to UK General
QBE has been appointed sole carrier for UK General's commercial insurance programme and its agricultural specialist business Rural Insurance.
Long-serving Marsh chair Moyan to lead global surety practice
The surety practice chairman of Marsh's international division has been selected to lead the firm's newly-created global surety practice.
M&A activity continues at Towergate with four more deals
Towergate has brought its 2012 acquisitions total up to 23 following the purchases of non-life business Newstead Insurances Brokers and general insurance broker Grenville Westinsure.
Bluefin adds five to broker network
Five new brokers have joined Bluefin’ broker network Broker Partnership Services.
GLP unveils legal expenses product for marine market
General Legal Protection has launched an innovative legal expenses and assistance product for the marine market after working closely with boat insurance specialist Bishop Skinner Marine.
AIA boss Wilson tipped to take Aviva CEO job
The former chief executive of Asian life insurer AIA is the favourite to take the up the chief executive position at Aviva, according to the Financial Times.
Ex-Brit underwriter takes on property role at Argo International
Argo International has appointed former Brit Insurance underwriter Neil Russell as class underwriter for property.
Apil challenges MoJ portal plans
The Association of Personal Injury Lawyers has started a process that could lead to a judicial review into planned reforms of the Road Traffic Accident Portal.
Charles Taylor cements solid profits in bid to drive down group debt
International professional services provider Charles Taylor released an interim management statement this morning, reaffirming a commitment to implement its run-off strategy by acquiring offshore life insurers in run-off.
Allianz Commercial strengths Maidstone office
Allianz Commercial has made two new appointments to its Maidstone branch.
Lack of cyber liability cover may lead to fines for libellous Twitter users
Individuals without cyber liability cover who use social media such as Twitter to make baseless defamatory statements could end up being hit in the pocket.
Vela MD among redundancies
The managing director of Oval-owned underwriting agency Vela is among seven staff to lose their jobs as part of a plan to "simplify" the operation and secure its future.
LV Broker teams up with specialist home insurance provider
LV Broker has launched its ABC home insurance product on Insure 4 Retirement.
MoJ reforms spark Questgates mediation pilot with Validus
Questgates has launched a pilot scheme with Validus of their Go2 Mediation service developed to provide an online liability mediation service, ahead of the incoming Ministry of Justice reforms.
Liberty to axe Irish jobs
Liberty Insurance is to shed 285 jobs in Irish offices on both sides of the border.