Commercial
Former Jelf director joins Bennetts
Insurance Broker Bennetts Commercial has appointed Carole Lowe to their senior management team.
CL makes hire from Garwyn
Cunningham Lindsey’s liability services has hired Adrian Hotson from Garwyn as a new area manager.
Choice Quote signs PF deal
Choice Quote Insurance Services has appointed Premium First to manage its premium finance as of 1 April 2010.
Sterling launches executive business product
Sterling Insurance has launched a new executive business product which includes cover for the departure of lotto winning employees and PR costs for reputational damage.
HSBC sales director joins Towergate
Caravan and park homes broker Towergate Bakers has appointed Simon Townsend as its managing director.
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).
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.
Legal Expenses - Jackson Impact: Cheque mate
Would Lord Justice Jackson's recommendations on costs reform really decimate the after-the-event market? Veronica Cowan canvasses views from those affected.
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.
Motor Claims 2010: CPS decides on fraud
The nature of insurance fraud makes it difficult for the Crown Prosecution Service to take such cases to court, according to detective chief inspector Andy MacKay, of the Association of Chief Police Officers' Vehicle Crime Intelligence Service.
Motor Claims 2010: All change for motor
The UK motor claims sector is going through a period of rapid change, with the impending introduction of the Ministry of Justice reforms very high on the industry's agenda.
Interview: Andrew Keeling - Turning risk to commercial reward
Andrew Keeling has been involved in risk management since its inception. Who better to lead the discipline forward? Lynn Rouse talks to the new chairman of the Institute of Risk Management.
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.
Publicity order for Act
Any organisation guilty of an offence under the Corporate Manslaughter Act is potentially liable to a publicity order, requiring it to publicise details of its conviction and sentence from this week.
Construction cover down
UK construction businesses have reduced their overall insurance cover by an average of £3.2m, according to Quinn Insurance.
Short-sighted insurers are blasted after ELIB greenlight
The Trades Union Congress has backed proposals to establish an Employers' Liability Insurance Bureau, claiming it will stop companies "weaselling" out of employee responsibility.
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.
Kerry London winding-up order an "oversight" as firm looks to buy
Kerry London group chief executive Damian Kissane has dismissed a recent winding-up order from Companies House as an "administrative oversight", after it avoided being struck off the register through remedial steps.