Commercial
Appointment at Clyde & Co
International law firm Clyde & Co has made a string of appointments to its aviation and aerospace gr...
Litigation Control changes name to LCL
The Litigation Control Group will, from today, trade as LCL Group Limited. One of the Group’s constituent companies, Litigation Control Limited, will also now trade as LCL Insurance Services Limited.
Brit switches household business from Lloyd's to company market
Brit Insurance Holdings has announced that, in keeping with its stated strategy to move UK business f...
Budget makes four more acquisitions
Budget Retail has made a further four broker acquisitions since the start of the year.
Folgate buys HHH commercial
The Folgate Partnership has confirmed that it has acquired Hill House Hammond's commercial business from Norwich Union (Aviva), as predicted by Post Magazine this week.
New head for SOFA
Bob Bullivant is to be the new managing director of the Society of Financial Advisers – the Chartered Insurance Institute’s financial services arm.
Folgate outlines details of HHH deal
Folgate CEO Andy Homer today declared that the acquisition of Hill House Hammond’s commercial book will put it “one step closer” to achieving its ambition of becoming the “largest independently owned intermediary in the UK”.
Syndicate needed to help small insurers
At last week's Post Magazine Claims Club seminar, claims managers shared their experiences of supply chain management and regulatory compliance. Anthony Gould reports
No supplier slash and burn
"We could have driven out more cost from the business in six months by adopting a slash and burn app...
Royal & Sun Alliance launches new campaign
Royal & Sun Alliance has launched a new marketing communications campaign - "We can't help helping" ...
GISC rules are 'far from informal'
I would like to comment on the article 'Broker: GISC too weak to stop white-label fraud' (PM, 29 Jan...
Something in the wind?
Power Generation
Annual renewal helps instill loyalty
In response to David Martin's view from the top (PM, 29 January, p11), I find it somewhat strange th...
SVB recruits PRI boss to head start-up
Peter Matson, co-founder and former chief underwriting officer for Professional Risks Insurance, is ...
HHH closure offers new opportunities
The end of the high-street broker has been predicted ever since the arrival of Peter Wood's Direct L...
NU rejected sale and MBO ahead of HHH closure
Norwich Union rejected both a management buyout and the sale of its high-street broking business Hil...
Groupama recruits another Axa manager
Groupama has recruited another Axa manager, weeks after two other colleagues, Phil Bird and Kate Mun...
Countrywide merges with Build Assured
Durley Group Holdings, the parent company of Countrywide Property Inspections, has by the issue of new shares acquired Hillcrest (Yorkshire), which trades as Build Assured.
SVB in liability launch
Novae Underwriting, a new specialist liability service company, has been created by SVB Holdings.
Axa manager departure
Groupama has recruited another Axa manager, just weeks after two other similar appointments. Andy Heap, who was Axa’s Premier Partners channel manager, has been appointed Groupama’s head of customer propositions.
GE Commercial expands capacity
ERC subsidiary GE Commercial Insurance has announced that it has increased its capacity to write umbrella and follow form excess coverage underwritten by its specialty excess & surplus lines individual risk unit.
Aviva predicts surge in profit
Aviva has said it expects its 2003 operating profit will be about £1.9bn, ahead of market predictions of £1.7bn, in a trading statement this morning. It said the forecast was based on strong second half performance at both its general and life business.
NU says HHH could not compete with personal lines direct players
Norwich Union (NU) has claimed it was forced to close Hill House Hammond (HHH) because it could not compete with direct insurers on the personal lines side or sell it for the right price, reports James Salmon at Insurance Age .
Nicholls to take over as CEO of loss making Aquilo
Claims services company Aquilo today reported a loss for 2003 and admitted that it has been through a difficult period and that "getting the business into shape has taken longer than originally forecast due to the time needed to create new revenue…