Commercial
Appointment at Allianz Cornhill Engineering
Simon Cuthbert has been appointed account development manager at Allianz Cornhill Engineering in Lon...
Light at the end of the tunnel could be snuffed out by staff exodus
Following several extremely difficult years, the service sector is showing some promising signs of r...
Hyperion acquires shareholding in JK Buckenham
The Hyperion Insurance Group has acquired a 51% shareholding in City-based Lloyd's reinsurance broke...
Inquiries to go into 2005
Lincolnshire police have confirmed they are investigating Boston-based insurance provider CSBL. This...
Aon records increase in revenues
Broking giant Aon recorded a 9% increase in consolidated revenues to $2.6bn (£1.5bn) for the first q...
Commercial insurer to create 200 jobs
Direct commercial insurer Premier Line has announced ambitious expansion plans to create 200 jobs, b...
Additional financing for Towergate acquisitions
Towergate has secured a further £85m financing from The Royal Bank of Scotland, Lloyds TSB and Barcl...
A storm brewing
Disaster Recovery
Cox and Highway both take the credit
Speaking of consolidation in the motor market, the possible merger between Cox and Highway was abort...
Acceptance of liability raises questions
Railway contractor Jarvis and Network Rail's decision last week to accept liability for the Potters ...
MMA joins household panel of Lloyds TSB Insurance
Intermediary-only insurer MMA joined the household panel of Lloyds TSB Insurance this week. MMA's sa...
Aborted Highway deal raises Cox questions
Cox Insurance chairman Peter Owen has blamed the abortive merger of his firm with insurer Highway on...
Brit announces dividends on shares
Brit Insurance Holdings has announced that it has declared a first interim dividend for 2004 of 2p per ordinary share.
Select & Protect adds Life-Link to key accounts
Select & Protect, provider of household and mortgage payment protection insurance cover, has added Life-Link to its key accounts.
Biba launches new income protection scheme
The British Insurance Brokers’ Association (Biba) has announced the launch of a new income protection scheme. The scheme will offer today’s UK workers, irrespective of age, occupation, or gender, a tax-free cushion of up to £12,000* against the risk of…
Aon underwriting result hit by costs
Aon Corporation recorded a 9% increase in consolidated revenues to $2.6bn for the first quarter of 2004 compared to the same period last year. The company said that although its insurance underwriting results were negatively influenced by increased costs…
Cross steps-up at Aon's captive arm
Stephen Cross has been appointed to the position ofchief executive officer of Aon Captive Services Group (ACSG), Aon's captive management and risk finance consulting operations.
MMA joins Lloyds TSB panel
Intermediary-only insurer MMA is to join the household panel of Lloyds TSB Insurance with effect from 1 May.
Highway and Cox shares slide
Shares in Highway Insurance Holdings slipped 4 pence this morning in the wake of the announcement of the termination of take-over talks with Cox.
Cox pulls out of Highway takeover talks
Shares of Highway Insurance Holdings fell by as much as 10% after Cox Insurance Holdings said talks to buy the motor insurer had ended because it wasn't in the "best interests" of Cox's shareholders.
NU switches on electronics solution
Norwich Union has launched a guide to the electronics sector aimed at brokers.
Highway issues Cox statement
The Board of Directors of Highway has issued a statement in which it says it has concluded that a transaction with Cox Insurance Holdings would not be in the best interests of its shareholders. "Asa consequence" it said "discussions with Cox have been…
Towergate earmarks £45m for acquisition programme
Towergate has raised £85 million financing facilities including a £45 million war chest for its acquisition programme from RBS, Lloyds TSB and Barclays.
SMEs have fewer flexible benefits
Employees of small and medium-sized companies are not reaping the benefits of the flexible working d...