Commercial
Towers of strength
Interview: Clive Nathan and Amanda Blanc
Awards for brokers
Insure Cancer, a specialist provider of travel insurance to individuals with a diagnosis of cancer, ...
RSA restructures affinity team
Royal and Sun Alliance has announced the formation of a new Affinity executive team.
Chubb recruits new personal lines boss
Chubb Europe has announced the appointment of Paul Chapman to the new position of head of personal insurance. He will have responsibility for Chubb’s personal lines and accident and health businesses across Europe.
Xchanging reveals £500m IPO price
Xchanging has announced the offer price for its IPO has been set at 240 pence per ordinary share. This gives a market capitalisation of approximately £493m and a diluted equity value of approximately £525m.
Brit bolsters commercial insurance presence on imarket
Brit Insurance has become the latest insurer to join imarket. The move comes weeks after the decision by MMA and Fortis to back the industry e-trading initiative.
Aon survey outlines array of worries for multinationals
A global risk management survey has declared multi-nationals are increasingly worried about protecting their reputations, but have made no preparations to protect themselves. According to the survey by Aon, the encroachment of US-style litigation…
Brit continues to pull back on UK commercial
Brit Insurance has released a trading update in advance of its annual general meeting, declaring what everyone knows already - UK commercial rates are on the slide.
Coversure Insurance reports record premium levels
Coversure Insurance, the Huntingdon based franchise operation has reported a surge in gross written premium levels in 2007 to record levels.
Highway launches Choice Motorcycle on Open GI
As part of its ongoing commitment to provide competitive products and service for its broker partners, motor insurer Highway has developed its Choice Motorcycle product in conjunction with Open GI to provide a full cycle EDI solution.
Highway launches motorcycle EDI product on Open GI platform
Highway has developed its Choice Motorcycle product in conjunction with software supplier Open GI to provide a full cycle EDI solution.
APC to issue delegated binding authorities for Property Owners Business
Commercial insurance underwriting agency Anglo Pacific Consultants (APC) is offering bespoke delegated binding authorities to selected brokers for property owners business.
Cullum hails Snowball as "world class player"
Towergate has outlined its plans under the leadership of former Norwich Union group executive director, Patrick Snowball.
Board appointment at Dual International
Dual International has announced the appointment of Russell Kilpatrick to its Board.
NIG adds motor legal protection to Commercial Fleet product
NIG is adding free motor legal protection cover to its Commercial Fleet product from the 1 May this year. The extended cover will apply to both new and existing policies incepted or renewed from this date.
APC to promote property owners business to brokers
Commercial insurance underwriting agency Anglo Pacific Consultants is offering bespoke delegated binding authorities to selected brokers for property owners business.
S&P downgrades IPCRe to A-
Ratings agency Standard & Poor's has downgraded its financial strength ratings on Bermudian property catastrophe reinsurer, IPCRe to A- from A, blaming the firm’s lack of diversification.
Industry is failing to provide adequate terrorism cover says research
Nearly 80% of travel insurance providers do not provide terrorism cover for medical costs as standard, according to a survey by the British Insurance Brokers’ Association.
Iprism hires two product development managers
Iprism underwriting agency has appointed two new product development managers.
Industry warned over severe skills shortages
Action is needed to close a growing skills gap in the insurance and financial services sector or the UK faces the prospect of reduced international competitiveness, the Chartered Insurance Institute has warned.
Towergate reports 51% growth in earnings
Broking consolidator Towergate has reported a 51% growth in earnings from £62.7m in 2005 to £94.4m.
CII green light for board revamp
The Chartered Insurance Institute has been given the green light to overhaul its structure to modern...
Pick of the Week
Anthony Gould, editor in chief of Post Magazine runs through this week’s major general insurance news...
ABC confirms broker market launch and rebrand
ABC Insurance, headed by former NIG chief, Phil Bunker, has confirmed its plans to launch into the b...