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Question time 2007
Augsburg Re renewed
Brit Insurance has renewed of its binding authority with German underwriting agency Augsburg Re, eff...
AIG linked with bid for NIG commercial business
American insurance giant AIG is understood to be weighing up a bid for NIG's commercial business. I...
Fortis seals Uinsure deal
Fortis has become the fourth member of Uinsure's home insurance panel. It will feature on the new in...
Brit lowers flood loss
Brit has reported that gross written premiums in respect of ongoing business for the 9 months to 30 ...
AIG + NIG = natural fit?
Having been linked with a bid for Royal and Sun Alliance for the best of part of a decade, it is int...
Natural disasters soar
Natural disasters have quadrupled over the last two decades, from an average of 120-a-year in the ea...
Questions
Question time 2007
Europa Group latest to seal Iprism link up
Personal lines specialist The Europa Group has become the latest broker to sign up to small to mediu...
Aon looking towards MGAs
Global broker Aon has followed rival Willis by committing to significant further investment in manag...
Broker acclaims its acquisition strategy as it picks up IRCM
KGJ Insurance Group has qcuired Insurance Risk and Claims Mnaagmenet Limited, a specilaist broker based in Chertsey.
Marsh hires former Willis COO as new CEO
Marsh today announced the appointment of Artur Niemczewski as chief executive, Multinational within Marsh UK. Multinational comprises Marsh’s large account practices and specialty businesses. He will report to Martin South, CEO of Marsh UK.
Central Insurance Services moves offices
Aberdeen-based Central Insurance Services has relocated to a new £3m custom-built headquarters. The company’s 70 staff have moved from the city’s Albert Street to a 15,000 sq ft building in Arnhall Business Park in Westhill.
Towergate to buy Broker Network
The Broker Network announced it had received a takevoer offer from Towergate, an offer the board of directors of the network will recommend to its shareholders.
Brit strengthens US business
Brit Insurance Holdings has appointed appointment of Clive Moore as North American professional indemnity underwriter. He takes up his new position on 28 November 2007.
Axa launches Tradesmen and Professionals packages
Axa has launched Tradesmen and Professionals, two new products designed specifically for small businesses without premises to insure.
Europa ties up deal to boost commercial business
Online SME comparative quote facility Iprism has boosted its penetration into broker distribution via Europa’s network of 1500 brokers.
Brit renews Augsburg aviation cover
UK (re)insurer Bri has renewed of its binding authority with Augsburg Re, effective 1st January 2008. The agreement, now entering its sixth year, enables Augsburg Re to underwrite aviation non-proportional reinsurance for and on behalf of Lloyd’s…
Axa in major product push
Axa today launched tradesmen and professionals, two new products designed specifically for small businesses without premises to insure.
Fortis teams up with Uinsure
Fortis has become the fourth member of Uinsure’s home insurance panel.
Heritage places shares to raise funds
Heritage announced the firm placing of 2.8 million Placing Shares at a price of 110p per share to raise £3 million (£2.9 million after expenses).
MMA tender result
Kewill has won a contract to deliver a new streamlined electronic communication platform to insurer MMA. The facility is designed to improve service and deliver competitive advantage to its broker network.
Brit CEO heralds
Brit this morning reported that gross premiums written by the group in respect of ongoing business for the 9 months to 30 September 2007 totalled £1.02bn (30 September 2006: £978.3m), an increase of 4.3%. Premium growth, when adjusted for exchange rate…