Commercial
Purple network wins 40th member
Birmingham-based insurance and financial services provider Jobson James has become the 40th member of Jelf-owned broker network Purple.
UK takaful insurer sold to Kuwaiti buyer
Principle Insurance Holdings, parent company of the UK’s first Shariah compliant insurance group, has confirmed the conditional sale of its subsidiaries, Principle Insurance Company and Principle Marketing Services, to Al Salam Group Holding Company – a…
Marsh in trade credit shake up
Marsh has created a trade credit practice for Europe, the Middle East and Africa, to be led by Tim Smith, who was previously head of the UK trade credit practice.
Axa raids Hiscox and Beazley for financial lines push
Axa Insurance has made a number of specialist appointments to underpin its growth plans in the SME sector and its ambitions in the mid-corporate market.
LMA nominates Beaton as Xchanging rep
The Board of Xchanging Claims Services has announced that Ian Beaton has been appointed as the Lloyd’s Market Association’s representative to be a non-executive director of XCS.
Marsh opens redundancy talks
Marsh has begun its consultation with staff that face the prospect of redundancy following its acquisition of HSBC Insurance Brokers.
Questgates grows counter fraud team
Questgates has strengthened its counter fraud team with the appointment of Sally Maeers and Mark Woodhead.
Sterling appoints head of commercial underwriting
Sterling Insurance Company has appointed Kevin Donoghue to the newly created position of head of commercial underwriting.
Aviva to run more ads
Aviva is to run further press and radio advertisements advising businesses to seek help and advice through a broker when buying their business insurance.
Open GI hits two million
Insurance quotes generated by Open GI's e-aggregator solution have risen above two million per day.
Aerospace cost declines
The price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row, according to Aon's Aerospace insurance markets outlook 2010 report.
Axa targets £150m with mid-corporate launch
Axa Insurance is targeting £150m in new business by the end of 2012, after launching its mid-corporate offering to market.
Marsh reshapes national corporate team
Following completion of its acquisition of HSBC Insurance Brokers on 1 April, Marsh is adding to its UK national corporate leadership team.
‘Toxic sofa’ victims to receive £20m pay out
The High Court has ordered three furniture retailers to pay £20m to customers who received serious burns from sofas manufactured in China in what is thought to be the largest group litigation in UK legal history.
Power Place saves time claims CEO
Power Place has published research claiming that brokers using the online commercial insurance marketplace can generate comparative quotes four times more quickly than using insurer extranets.
Open GI aggregator quotes top £2m
Insurance quotes generated by Open GI’s market-leading E-Aggregator solution have risen above two million per day.
Quinn to elect staff reps in light of redundancies
Quinn Insurance has said it will work with employees to formally elect employee representatives for each of its sites to ensure staff views are incorporated into their assessment and decision-making process.
Quinn Insurance administrator prepares staff for cuts
The administrator of Quinn Insurance has indicated that it will have to cut jobs to keep the business viable.
Quinn Insurance administrator prepares staff for cuts
The administrator of Quinn Insurance has indicated that it will have to cut jobs to keep the business viable.
Groupama begins broker roadshows
Groupama Insurances is hitting the road with a series of broker roadshows as part of its ongoing commitment to develop close and individual relationships with commercial brokers across the UK.
Angel purchase to give Catlin SME boost
Catlin has signalled its intent to increase its regional small to medium-sized enterprise footprint following the acquisition of Colchester-based managing general agent Angel Underwriting.
Ex Swiss Re ILS head joins Willis for capital markets push
Willis has appointed Bill Dubinsky as managing director and head of insurance-linked securities for its Willis Capital Markets & Advisory arm.
Broker's technology unit boosted with win
CBG Group – the insurance broker and financial services intermediary – has added photography specialist, sUAVe UAV Enterprises, to its portfolio.
Hiscox backs new underwriting start up
White Oak Underwriting Agency has commenced underwriting, initially targetting the 'automobile and mobile equipment industries'.