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Commercial

Towergate acquire online insurance agency

Towergate Partnership has acquired Insurance 4 Car Hire Agents (I4CH), an internet-based insurance agency providing specialist insurance products for the car rental market. I4CH will form part of Towergate’s Retail Division headed by Amanda Blanc.

Biba recruits new member

The British Insurance Brokers’ Association has announced that Tokio Marine Europe Insurance has joined the organisation as an associate member.

THB's acquisition of PWS fails

THB announced it has terminated discussions with the board of PWS for the acquisition by THB of the Lloyd’s broking business of PWS International and overseas interests of the PWS group.

Product recalls hit new high

The number of product recalls in the UK has hit a new high of 190 in the last year (up from 179 in the previous year) as problems with products sourced from China mounted, according to law firm Reynolds Porter Chamberlain.

Highway launches Choice Home to CDL brokers

Broker-only insurer Highway Insurance has launched a new home insurance product following a successful pilot during which over 6,000 policies were sold. The product will be available via CDL with immediate effect.

Kiln extends underwriting reach

R J Kiln & Co (Kiln) have announced the acquisition of International Marine (Underwriting Agency), adding to its international network of marine cargo specialist businesses.

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