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Commercial

Axa comes bottom of broker poll

Axa has come bottom in an Institute of Insurance Brokers service level poll – falling marginally below the "generally acceptable" range of scores.

New Cat data service adds new CEO

Perils, the industry-wide European catastrophe insurance data initiative, has appointed former senior Glacier Insurance executive Dr Luzi Hitz as its new chief executive.

Trade credit claims rocket by 51%

The Association of British Insurers today said that the number of trade credit insurance claims rose to 8 366 in Q4 2008, up from 5 540 in Q4 2007 – an increase of 51%.

Capita disposes of insurance subsidiary

Bristol-based legal services provider Arag has purchased the family and commercial legal expenses business portfolio of before-the-event legal expenses insurance specialist Capita Assistance.

threesixty take stake in IFA consolidator Bright

threesixty, a fee-based IFA support services provider has confirmed that it has taken a minority stake for an undisclosed sum in IFA consolidator, Bright Financial Services, which specialises in the acquisition of small to medium sized IFAs.

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