Commercial
Commercial insurance affinity schemes increasing
A new survey by Finaccord has found more than a third of third of professional and trade associations in the UK could have a commercial insurance affinity scheme up and running by the end of 2008.
CGT count down: Towergate in £100m pay day
Towergate staff can look forward to a pay out of around £500 to £1000 each after Towergate sold a £100m of preferred ordinary shares to US listed hedge fund Och-Ziff.
Gibson quits Groupama for rival
Post understands that Allianz Insurance has appointed Groupama Insurance's claims director Graham Gibson.
Lockton strikes PI deal
The Claims Standards Council has appointed Lockton’s Affinity division as the Professional Indemnity insurance provider to its 1500 membership of authorised claims management companies.
Brit appoints new motor underwriter from NU
Brit Insurance Holdings has announced the appointment of Phil Dancaster as motor underwriter.
Lloyds reports 5% rise in FY profits to £3.85bn
The Lloyd’s of London insurance market reported a 5% rise in full-year pretax profits to £3.85bn, up from £3.66bn in 2006, but also reiterated its managing agents' comments that underwriting conditions are waning.
CGT Count down: Cullum turns attention to US Hedge Fund
Towergate founder and chairman Peter Cullum is in advanced talks to sell a slice of his company to US hedge fund Och-Ziff, according to reports.
Insurer to double size of sales department
ABC Insurance is to double the size of its commercial sales and customer service centre.
New partnership aims to clean up drainage claims
Cunningham Lindsey's drainage solutions team have joined forces with UK Drainage Protocol, a technical insurance claims specialist and project manager that works specifically in the drainage sector.
ABC doubles commercial sales and customer services centre
ABC Insurance, part of the LV= Group, will be doubling the size of its commercial sales and customer service centre. The team, based in Croydon at ABC’s head office, provides the sales and support service for all brokers selling ABC’s commercial…
Lloyd's records £3.8bn profit
Lloyd's has recorded a profit of £3.8bn for 2007. Profit before tax was £3.846bn compared to £3.662bn in 2006. The market's combined ratio was 84% (2006: 83.1%).
CMI survey predicts UK upheaval
The next decade will see dramatic change in the insurance world if a study by the Chartered Manageme...
Pick of the Week
Post reporter Alwynne Gwilt and supplements and online editor Stephanie Denton provide a run down of ...
Appointment at Arista
Commercial lines underwriter Arista Insurance has appointed Jim Horrell as business development mana...
Lloyd's brokers expecting gloomy year
Lloyd's brokers are expecting a gloomy year ahead, states a recent survey by advisory firm Mazars. ...
Defaqto: commercial lines likely to be online flop
E-business strategy
Appointment at M4
M4 Underwriting has promoted Kim McDowell to underwriting manager. Ms McDowell joined M4 as commerci...
Modern Lloyd's could spur choice environment
The Treasury's consultation paper on modernising Lloyd's raises some interesting questions - not lea...
Appointment at Brit
Brit has appointed Andrew Coutts as cargo underwriter. He joins Brit following 20 years with CNA whe...
Appointment at Allianz
Allianz Legal Protection has appointed Nicola Hughes as a before-the-event claims handler. For the l...
Catch SME if you can
Environmental liability
Insurecom warns of 2012 broker extinction
E-business strategy
CCV buys Protectagroup stake
Cullum Capital Ventures has acquired 93% of Welsh broker Protectagroup - the group's 27th acquisitio...
Terminal five off-course
A flood of claims have yet to come through to Preferential Direct, the travel insurance provider of ...