Commercial
BGL sees gross profits rise 22%
BGL group has reported pre-tax profits of £88m for the year ending June 2012.
Redundancies and recruitment: Not the end of the line
On the surface, a spate of job losses in the insurance sector could hamper its growth and recovery. But opportunities still exist.
Fitzmaurice says Hastings will bed down initiatives before potential float
Incoming Hastings Insurance Group chief executive Gary Hoffman has said his experience leading financial services companies such as Barclaycard, Northern Rock and the start-up NBNK will bring a "broader perspective" to the intermediary business as the…
Institutional investors testing the waters as Direct Line Group floats
Some institutional investors are taking a 'suck it and see' approach to the Direct Line Group float, assessing how issues facing the motor insurance sector affect the firm's share price before taking a slice for themselves, according to analysts.
Contractors resigned to losing payments following Merlin collapse
Contractors owed thousands of pounds by Merlin have approved voluntary liquidation of the loss adjuster, despite being pessimistic at the prospect of recovering payments.
Solicitors PI market: What now for solicitor PI?
The much-maligned Assigned Risk Pool may be set to close in September 2013, but the solicitors’ professional indemnity market still faces issues as 'aggressive' new entrants target the market. What does its future hold?
Editor's comment: In the line of fire and flood
Industry reaction to surge events is never far from the debating arena when it comes to learning lessons from catastrophic floods or fires, and loss adjusters frequently find themselves in the line of fire.
Aon to rival Marsh's Project Noah to fill SoP flood insurance gap
Aon Benfield has become the latest company to offer a potential solution to fill the flood insurance gap left by the expiration of the Statement of Principles in June 2013.
Aviva introduces two new products to e-trading platform
Aviva has added two commercial products to its expanding e-trading platform ‘Fast Trade’, in the form of minifleet and professional indemnity cover.
APC brings in northern development boss
Commercial insurance underwriting agency APC has appointed former Singers Asset Finance development manager Neil Jenkinson to fulfil a similar role in the firm's northern operation.
Groupama places property owners product on Insurecom
Insurance software company Insurecom has added Groupama Insurances' property owners product to its commercial lines platform.
Liability insurance lines growing faster than global economy
Commercial insurance premiums in emerging markets have grown by an average of 14% a year in the past decade, two to three times faster than in developed markets.
Barbon hires Bluefin and Axa heads for CKW roles
Barbon Insurance’s Cadogan Keelan Westall has appointed Amanda Hindman, pictured standing, and Sue Filsell.
Esure founder could quit Britain
Esure founder Peter Wood, pictured, is considering relocating to Jersey to escape the UK's tax burden.
Legal & General reshuffles overseas business
Legal & General has reorganised its international business, with overseas chief executive Gareth Hoskins taking early retirement and two directors sharing his responsibilities.
Former Waylett surveyor joins SSL Claims
Northampton-based specialist motor and property loss adjustor SSL Claims has appointed Jon Holloway, pictured, as network surveyor director of the firm's property division.
Generali Deutschland implements automated ERM platform for compliance
Generali Deutschland is using an automated workflow enterprise risk management solution for reporting and compliance activities.
R K Harrison opens Yorkshire office
Broker R K Harrison Insurance Services has set up a new regional base in Richmond, North Yorkshire.
Biba returns to London for 2013 conference
The British Insurance Brokers' Association has confirmed that its 2013 conference will take place in London on 15 and 16 May.
Liberty Syndicates adds to specialty products team
Liberty Syndicates has appointed Susan Barber to manage and build on its personal accident and pecuniary lines treaty portfolios in the Lloyd's market, part of its specialty products underwriting division.
Arista ramps up online trading capabilities
Commercial lines underwriting specialist Arista Insurance has upgraded its online trading capabilities to offer brokers full functionality across its product range.
Airmic members increasingly rely on brokers for BI help, report finds
Airmic's members are becoming more engaged with brokers when securing the correct property damage and business interruption cover, but there is still some "ambiguity" as to who should check policy wordings.
Hastings CEO Fitzmaurice replaced by NBNK boss
Hastings Insurance Group has appointed Gary Hoffman as group chief executive with effect from 1 November 2012.
UK Insurance rating remains stable after DLG IPO
Direct Line Group's UK Insurance is unlikely to see its Moody's A2 insurance financial strength rating change despite the insurer revealing the price of its initial public offering of ordinary shares.