Commercial
Biba warns over Derbyshire broker
The British Insurance Brokers' Association has issued a warning to customers of broker David Brown Insurance Services to check their cover.
Brit targets £2bn, as profit soars 198.6%
Brit Insurance this morning reported profit before tax up 198.6% to £186.3m (2005: £62.4m) on gross written premiums of £1 236.3m (2005: £1202.5m).
BP Marsh buys 25% stake in JMD
JMD Specialist Insurance Services Group has announced that B. P. Marsh & Partners a niche venture capital provider has acquired an equity interest of 25% in JMD.
Biba unveils new chairman
The British Insurance Brokers' Association has said that Derek Thornton, a director of Heath Lambert and chairman of its London Market UK Wholesale Division, will become chairman of the trade association in July.
20 organisations now control 63% of the UK commercial insurance market
In his annual review of the UK commercial retail market, Cornell Consulting has estimated that 20 businesses comprising the international brokers, the larger networks and the top 10 independents now control some 63% of the commercial market.
JLT reports slight profit increase
Broker Jardine Lloyd Thompson today announced and increase in underlying profit before tax of 3.8% to £76.5m for the year ended 31st December 2006 on fees and commissions of £459.5m (up 1.2%).
Broker Direct acquires HBA
Broker Direct has acquired the entire share capital of HBA Limited, an established City of London insurance broking practice, which, under the new BD ownership, has gained provisional Lloyd’s accreditation, an achievement of which everyone is extremely…
Heath Lambert achieves £121m UK operating revenue
Broker Heath Lambert has announced key trading highlights ahead of its results for the year ended 31 December 2006.
Zaveri appointed underwriter at Arista
The commercial lines underwriting organisation Arista has appointed Hasmita Zaveri as underwriter. Zaveri will report to Andy Wright, Regional Manager at Arista’s Redhill office.
Listed broker out of the red with 2006 profit
Listed intermediary Culver today reported a group profit of £52 000 for the year ending 31 December 2006 (2005 - £496 000 loss). The insurance broking business increased its turnover by 8 per cent to £2 632 000 (2005 - £2 445 000). The profit of the…
Influx of broking talent signals market overhaul
A wave of new appointments at the top of the UK's largest brokers is set to change the face of the i...
SMEs face tribunal hike
New compensation limits for employment tribunals mean that firms are exposed to increasing claims co...
Broker to target £10m following online launch
Personal lines broker Allen and Allen Group is aiming to generate up to £10m in premiums from an onl...
J and M snaps up Sunrise
J and M Insurance has acquired High Wycombe-based taxi broker Sunrise Insurance. Established in 1999...
Penny Black's insurance week
Penny was delighted to spend a night last week in the company of a number of celebrities, from crick...
JLT heralds new joint venture with ICAP
Jardine Lloyd Thompson says it is hoping to corner the market for insurance-based derivatives throug...
Chubb preaches legal action threat to bosses
Chubb Insurance has relaunched its directors' and officers' offering for private and public companie...
Text-based motor quote
Insurance software house CDL has launched an aggregator service, via textcheck, the mobile phone-bas...
Competition: Win a day at the races
Which horse won the Brit Insurance Novices Hurdle at Cheltenham on 17th March 2006? Brit Insurance ...
Competition: Win a day at the races
Which horse wonthe Brit InsuranceNovices Hurdle atCheltenham on17th March 2006?
Allianz Cornhill set to bang musical insurance drum
Allianz Cornhill is relaunching its £6m musical instrument insurance division in the next few months...
Spirit of enterprise
Hayley Parsons
AIG set to insure Man United fans
AIG is set to become Premiership giant Manchester United's new insurance partner, Post understands. ...
Advent recovers from 2005 catastrophe
Castrophe reinsurance specialist Advent has returned to profitability, following one of its worst ev...