News
Lloyd's left in the shade by company market in reputation report
Catlin has been nominated the best known underwriting business and Zurich the fastest improving business, following a Gracechurch Consulting poll of more than 450 London market brokers.
HSB recruits from Aviva for construction lead
HSB Engineering has swooped for Aviva’s trading underwriting manager in construction, power and engineering.
Axa strikes £20m travel insurance deal
Axa Commercial Lines and Personal Intermediary has signed a five-year deal with David Oliver Associates to provide wholesale and retail travel insurance to the insurance broker market.
Willis Group hires Drivas to drive European fac growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Willis hires Drivas to drive facultative reinsurance growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Ascot recruits Navigators underwriter for marine account
Ascot Underwriting has appointed a Navigators senior underwriter to take on the role of senior vice president in New York.
Typhoon Fitow hits Eastern China
Yet another typhoon has hit Eastern China cutting power and causing damage to homes.
Sterling recruits former Axa Manchester boss Hodgin
Sterling insurance has recruited Simon Hodgin to serve as its new divisional manager for the northern regions.
Taiwan insurers have $10bn for overseas property
Following new government rules on relaxing investments overseas, Taiwan insurers have $10bn to spend in overseas properties.
Thailand to host flood conference
Thailand will host a flood control conference in Bangkok at the end of October.
GI business volumes rose in Q3 says PWC report
General insurers saw business volumes and profitability rise in the past three months and expect strong growth in business volumes during the next quarter, according to the latest CBI/PWC Financial Services Survey.
Metal theft claims drop by 50%
Metal theft claims have dropped by 50% to 480 for the first nine months of 2013, according to Ecclesiastical.
Hudson admits more can be done by Aviva to win brokers over
Aviva’s broker performance director Sam Hudson is convinced that new UK general insurance chief executive Maurice Tulloch will prove invaluable in securing greater engagement with brokers.
Giles shareholders receive payout warning
Broker Giles has told class A and B ordinary shareholders in Expectrum that their shares will not pay-out following its acquisition by Arthur J. Gallagher.
Elite Insurance latest IFB member
Elite Insurance has become the 45th member of the Insurance Fraud Bureau.
Cunningham Lindsey names Neill principal business interruption specialist
Loss adjuster Cunningham Lindsey has named Andrew Neill as its principal specialist for business interruption with immediate effect.
UK General puts motor book back with Ageas
UK General has switched its £20m commercial motor book back to Ageas less than 12 months after it struck a capacity agreement with QBE.
CL uncovers ‘crash for cash’ gang
Cunningham Lindsey scored a court victory after the four people behind a crash for cash scam the firm uncovered were convicted at Sheffield Crown Court.
Gallagher blames expenses for Heath Lambert's £17m 2012 pre-tax loss
Gallagher-owned broker Heath Lambert was hit by a loss of £16.9m in 2012 following increased expenses, which are likely to continue through this year.
Arthur J Gallagher files £13m pre-tax profit for 2012
Arthur J Gallagher has revealed a pre-tax profit of £13.1m for the year ending 31 December 2012 in figures filed with Companies House this week.
Orbit to focus on insurance market following sale to Atlas
Atlas Products International has completed acquisition of Salford Quays-based electronic data interchange provider Orbit UK for an undisclosed sum.
Hiscox launches aviation website
Specialist insurer Hiscox has launched a direct website, designed to offer loss of licence and loss of training expenses insurance to aviation professionals.
LV Broker appointed to Footman James kit car account
LV Broker has been appointed by Footman James to provide kit car insurance and will take on all existing Footman James customers at renewal.
Three insurance clients of rogue private eyes investigated by ICO
The Information Commissioner’s Office has asked the Commons Home Affairs select committee not to publish the names of 19 clients of rogue private eyes that it is investigating.