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Towergate acquires Arbuthnot Insurance Brokers

The Towergate Partnership has acquired Arbuthnot Insurance Brokers from Arbuthnot Banking Group. The business is the Parnership’s 106th acquisition, and brings the total premium controlled by Towergate to £1.25bn.

FSA provides Basic Advice

The Financial Services Authority (FSA) has published a guide on Basic Advice in the form of a question and answer (FAQs) brief covering a number of questions that have arisen since the regime began.

Biba BI masterclass to start up again

BIBA and the CII’s Faculty of Insurance Broking are joining forces with commercial claims specialist, Corporate Claims International (CCI), to deliver an encore of the CCI’s business interruption “masterclass” series.

AIG donates money for quake relief

American International Group, (AIG) has announced that it is donating $1m to support relief efforts in the areas affected by the October 8 earthquake in South Asia.

Launch of expat brokerage service

Go Insure It, a new insurance brokerage service for expatriates in Spain has been launched. With its first office in Javea, Costa Blanca, it will offer financial services products on the basis of best advice and suitability based on individual needs.

Sirius completes Imarket integration

Sirius Financial Systems has announced that a re-engineering project on its commercial lines trading portal - Stargate – enabling it to be fully integrated into imarket has been completed.

RSA makes £68m Chilean acquisition

Royal & Sun Alliance has acquired Chile's leading general insurance business Compañia de Seguros Generales Cruz del Sur and its Argentinean sister company La República Compañía Argentina de Seguros Generales for $119m (£68m) payable in cash.

Towergate buys £11m broker ARG

Towergate Partnership has announced the acquisition of North London Commercial broker ARG Group. The business places over £11m of gross written premium including a significant book of property owners’ business.

CJC - report on costs and improving access to justice

The Civil Justice Council earlier this week published a report on improved access to justice - funding options and proportionate costs. It has made 21 recommendations, summarised below. However to download a PDF of the consultation document: click here

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