Commercial
Brokers troubled by FSA paper says IIB
The Institute of Insurance Brokers has said it has received feedback from "many troubled members" in connection with the Financial Services Authority discussion paper - Transparency disclosure and conflicts of interest in the commercial insurance market .
Atradius Collections expands global reach
Revenues at Atradius Collections – part of trade credit insurer Atradius Group –increased by 18.1% in 2007 following the opening of five new offices worldwide.
Aon trio in broking start up
A trio of former Aon Trade Credit employees have formed Credit Insurance Alliance (Brokers).
Primary General Launches a Contractors Policy
Primary General has launched its new Contractors Policy.
EMB updates pricing software
Actuarial consultancy EMB has launched the latest version of its Emblem pricing software.
Advent swings to Q1 pretax loss
Advent, the Lloyd's (re)insurer, reported a first quarter pretax loss of £5.5m, down from a £500,000 profit it reported in the first quarter of 2008.
Fortis and Keychoice extend relationship
Fortis Insurance and the Keychoice Network have extended their existing trading relationship to provide members with access to a range of commercial lines products with enhanced commissions.
WR Berkley's Q1 remains flat
W. R. Berkley, the US insurer, said that first quarter net income was flat at $188m the same as it was in the first quarter of 2007. Operating income for the first quarter of 2008 fell to $153 million from $184 million for the corresponding quarter of…
Arch Capital Q1 net income drops $9.2m
Arch Capital, the Bermudian (re)insurer, said that first quarter net income fell to $189.4m from $198.6m the year before.
Chase IT appoints new business development head
Chase IT Services has appointed Andy Nightingale as head of business development.
Allstate budgets $240m less for Cat spend in 2008
Giant US insurer Allstate has revealed that is has budgeted $240m less to pay for its 2008 catastrophe reinsurance coverage in 2008.
Arista boosts Manchester team
Arista Insurance has appointed a broker development manager and senior underwriter at its recently established Manchester branch.
Silverbeck Rymer launches FNOL product
Following twelve months of development and £2m worth of investment, law firm Silverbeck Rymer has announced the launch of an innovative First Notification of Loss service.
Brits appoints CEO
Brit Insurance has appointed Matthew Wilson as chief executive officer of its global markets busines...
Appointment at Brit
Brit Insurance has appointed Lawrence Burgess as motor fleet underwriter and Joe Murphy as property ...
Morrisons seeks insurance launch partners
The UK's fourth largest supermarket group Morrisons is in discussions with prospective partners to s...
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International PMI
Allianz Global casts net outside capital
Allianz Global Corporate and Specialty is casting its sights outside of London with the establishmen...
Broker Direct to scour UK for further buyouts
Broker Direct has acquired Tamworth-based Bevan Fox Insurance and revealed it has a "substantial" am...
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Business Continuity: Targeting SMEs
Goodhealth MD steps down after buy-out
The long-serving group managing director of Goodhealth Worldwide has resigned following the company'...
Appointment at Allianz
Anne-Marie Flexman has joined Allianz Personal as proposition development manager. Ms Flexman will b...
