Commercial
Brokers wary of change
BIBA Conference News
Underwritng agency launch into intangible assets market
A specialist underwriting agency has launched into the intangible assets market, with four new products designed for brokers.
LV swoops for Swiss Re arm
LV has today announced that it has entered into an option agreement to acquire the new business operations of Tomorrow - formerly known as GE Life - from Swiss Re. The option becomes exercisable in late December 2007, subject to regulatory approval.
Fortis appoints partnerships director
Fortis has appointed Ian Wardle as partnerships director in charge of its affinity partnership development strategy.
Evolution and Axa in tie-up for property owners insurance
Commercial underwriting specialist Evolution Underwriting has signed a binding authority arrangement with Axa Insurance for the provision of Property Owners Insurance to its panel of brokers. The two new contracts were launched on 1 April covering both…
Atkinson Smith acquire new scheme
Broker Atkinson Smith has expanded its operations nationally with the acquisition DMS Self-build, a specialist scheme for insuring self-build projects.
Biba attracts 2800 to conference and names 2008 venue
The British Insurance Brokers’ Association conference was the most successful one ever, according to a Biba spokeswoman.
Catlin sees continued downward pressure on rates in 2007
Bermuda-based Lloyd’s and international specialty (re)insurer Catlin has issued a trading statement highlighting increased competition for business across classes, but stating overall satisfaction with rating adequacy and the potential margins on offer.
Silverstein and insurers agree $2bn 9/11 settlement
A groundbreaking $2bn settlement of claims arising from the destruction of the New York World Trade Center on 11 September 2001 has been reached between its leaseholder and seven insurance companies.
No offer update as D&G profits rise 11.3%
Domestic and General has reported record financial results for the 2006 with revenues up 10% to £304.6m and operating profit before investment return up 11.3% to £23.6m.
Iprism hopes for £100m premium through commercial portal
Underwriting agency Iprism has unveiled an SME comparative quote facility for UK brokers.
Arag launches quick quote system
Arag Legal Expenses is launching its commercial quick quote system for UK brokers at today's British Insurance Brokers' Association conference.
Post journalist named general insurance writer of the year
Post's news editor Ralph Savage was named as the general insurance writer of the year at last night's headlinemoney Awards 2007 held in London. Lynn Rouse, deputy editor, and Jonathan Swift, editor of Post, were second and third respectively.
Bright analyst off to Munich
Christopher Phillimore, a 34-year-old underwriting analyst from Ecclesiastical Insurance, has been s...
UK given wake-up call
The UK's skills envoy has warned UK businesses they must wake up to the changing nature of working p...
Appointment at Arista
Arista has recruited James Sawkins as senior underwriter, and Esther Lavender-Jones and Claire McCal...
Appointment at Cooper Gay
Cooper Gay North America has appointed Joe Filardo as director of sales and marketing. Based in New ...
Appointment at LV
LV has appointed Dennis Holt as chairman, effective from 1 July. Mr Holt joined the company's board ...
Zurich instigates global property claims review
Zurich has begun a global property claims review, focused on procuring loss adjusting services inter...
Service mantra not evidenced on frontline
While I'm delighted to see that luminaries from the insurance industry are sitting around a table to...
Allianz arm outlines partnership plan
PetPlan has started a major strategic push into the affinity and white labelling market in both the ...
Appointment at Petplan
Petplan, part of Allianz Insurance, has appointed its first partnerships manager. Phil McKinnon, who...
Appointment at Thompson Heath and Bond
Thompson Heath and Bond has appointed Peter English as development director. Mr English, who has 40 ...
Royal and Sun Alliance remains open to Primary return
The UK chief executive of Royal and Sun Alliance has not discounted teaming up with Primary General ...