Commercial
Insurer boss warns smalls brokers are becoming an endangered species
Small brokers are in danger of becoming a threatened species in the Birmingham area and West Midlands, according to a senior industry figure.
THB splits CEO and chair roles
THB Group, the parent company of Lloyd’s broker Thompson Heath & Bond, has appointed Clive Williams as its first non-executive Chairman.
NIG in Midlands expansion
Insurer NIG is elevating its Leicester office to full regional status in order to increase its strength in the East Midlands market.
CIS in Axa tie-up
Co-operative Insurance Society has announced the appointment of Axa Real Estate Investment Management REIM (UK) as external fund manager for CIS’ £2.5 billion external property fund portfolio.
ABI hails ‘pragmatic’ resolution to costs war.
The announcement by the Civil Justice Council of agreement on the level of success fees in employers’ liability disease claims is a pragmatic resolution to the “costs war” says the ABI (Association of British Insurers).
NIG highlights broker consolidation in Leeds
Consolidation among brokers in Leeds and Yorkshire generally is further evidence of a growing national trend, according to David Grant, NIG’s Director of Marketing and Compliance.
L and G strikes major household distribution deal
Legal and General General Insurance has been chosen by John Charcol, the mortgage broker, to be the sole-provider of household and buy-to-let insurance cover.
Marsh targets SMEs with new division
Broker Marsh has created a new division, the Risk Trading Practice, to focus on the risk and insurance needs of small and medium sized companies. It has appointed Ron Hayes as executive director to lead the new arm.
Riding high
Leeds
New joint venture already recruiting and competing
Loss adjusters McLarens Young International and Quest Gates have set up a new joint venture to tende...
Appointment cards
Distributed to the patients from various departments in the hospital but predominately from outpatie...
Saga launches insurance
Saga has launched annual travel insurance to cater for the increasing number of over-50s in the UK w...
RSA offers Profin lines to SMEs
Royal and Sun Alliance has packaged a number of its professional and financial risks products into i...
Post treatment advice cards
Distributed to patients by nursing staff from the A&E unit. Solicitors will pay between £8000-£30 00...
Mapfre Asistencia acquires broker
Spanish insurer Mapfre Asistencia has acquired a UK broker, adding EUR50m (£33.2m) of premium income...
Towergate buys YIG
The Towergate Partnership has acquired Your Insurance Group (Brokers) as part of a £10m investment t...
Lack of underwriter the only problem at Whiteley
Following on from the recent coverage of the failure of Whiteley Insurance Consultants, I am concern...
Extreme weather warning
By the end of the century, the global insurance market will have to foot an annual bill of $27bn (£1...
Biba advises on managing conflicts of interest
The British Insurance Brokers’ Association (Biba) has published its latest ‘Regulatory Update’, which offers guidance to its members on the issue of managing conflicts of interest.
AIG releases Q1 2005 profit statement
American International Group (AIG), which has been in the headlines since October 2004 following allegations of business malpractice from New York Attorney General Eliot Spitzer, has filed its Quarterly Report for the period ending March 31, 2005 with…
Aon opens new 120 strong call centre
Aon formally opened a new call centre in Leicester yesterday - creating 120 jobs - to handle and process applications to the Post Office's travel insurance scheme.
Biba calls for greater terrorism cover on travel insurance
The British Insurance Brokers’ Association (Biba) is calling on more travel insurance companies to provide cover against terrorism.
Towergate Partnership makes e-commerce acquisition
The Towergate Partnership has acquired Your Insurance Group (Brokers) (YIG) based in Guildford, Surrey as a part of a £10m investment in developing the Group’s e-commerce capability.
Revios releases 2004 figures
Revios Reinsurance Group has concluded its second full business year with a further substantial increase in earnings.