Commercial
PBS Holdings unveils new MGA panel as it splits from Axa
PBS Holdings has confirmed that Fortis will take over from Axa as the lead insurer on its underwriting panel from next month.
Ace Europe appoints marine manager
Ace Europe has appointed Mike Reynolds as marine manager for the UK & Ireland.
Government involvement drastically reshapes financial services M&A
The financial crisis has had a profound impact on patterns of M&A in financial services across Europe during 2008, reversing many well-established trends in deal activity, according to PricewaterhouseCooper.
Supermarkets greatest threat warn financial services companies
Recent research conducted by financial outsourcer, Opal, has revealed that traditional financial services companies fear that Supermarkets will pose the greatest threat to their business in the next decade.
CBG unconcerned by SME play by international powerhouses
CBG's group managing director has warned broking giants will struggle to crack the highly competitiv...
Credit hire savings
Accident Exchange has said good progress has been made in implementing cost saving initiatives. It s...
Allianz boosts fraud team
Allianz Insurance is set to recruit a new team to bolster its technical and operational fraud capabi...
Appointment at Ecclesiastical
Jonathan Harker has been appointed regional director for Ecclesiastical's southern region. He has ...
Torrance: personal lines hikes of 15% still needed
Allianz Insurance has hit out at unprofitable brokers, aggregator commoditisation and the impact of ...
Heath Lambert seeks PL gain after inertia
Heath Lambert has reported a 13% increase in its retail personal lines income after failing to keep ...
PBS boss: MGA conflicts a sign of broking power shift
The chief executive of PBS Holdings has welcomed the decision by some of its partner insurers to tar...
AIG trio join Arista
Three former AIG employees have joined Arista Insurance to form the initial team at its new Birmingh...
Acquisitive Markerstudy linked with double deal
Gibraltar-based insurance group Markerstudy is understood to be on the verge of completing its large...
Finch focus is international
AFL Insurance Brokers outlined its international ambitions after rebranding from Alec Finch (London)...
Bike brand and broker team up after legal threat
A Well-known motorbike brand is offering insurance as part of a re-launch after it was threatened wi...
Industry flock to sub-£5m investment group
A new investment consortium for the sub-£5m market, Alpine Risk Services, has attracted close to 50 ...
What the papers said this week
The Irish Independent RSA has established a subsidiary in Ireland. It is thought that the company...
Recession-proof brokers?
This year will be my 25th in insurance and if there's one truism I've learned, it's that broker dist...
Direct Fleet signs up insurer duo
Online fleet insurance platform Direct Fleet Insurance has increased its panel of insurers to 14 wit...
Post web seminar - self service technology
Post held a live online web seminar earlier this week which debated the role of self service technlogy by insurance businesses. To watch a video recording of the seminar which was hosted by Anthony Gould, group editor in chief of Post and included…
AIG Financial Products sells solar plant interests
AIG Financial Products Corp. (AIGFP), an AIG company (AIG), said it has sold its interests in three operating Spanish solar photovoltaic plants from its energy and infrastructure book to renewable energy private equity firm HG Capital for an undisclosed…
Close Brothers feels the pinch of volatile conditions
Close Brothers Group, the parent company of leading premium finance provider Close Premium Finance has recorded a dip in its operating profit before tax to £38.5m (2008: £69.8m) in the first half of the 2009 financial year.
E-business insights
Post's E-business strategy Management Briefing in London next week will tackle all the key issues facing those in the insurance industry responsible for driving their businesses online strategy. In addition to expert online speakers from Tealeaf, CGI,…
NIG signs up to Towergate arm
NIG has joined the panel of insurers launching new commercial property owners and let property owners policies through Towergate subsidiary Power Place.