News
Appointment at Advent
Richard Finn has joined Advent Capital Holdings as a non-executive director for Advent Underwriting....
AMG wins 3XD contract
Loss adjusting group AMG has been selected by 3XD as its sole property claims adjusting provider. It...
What the papers said this week
Financial Times Insurance cover for commercial and industrial properties in flood-prone regions...
Appointment at Marsh
Marsh has appointed Sarah Richmond as a risk consultant for Marsh's Europe, Middle East and Africa p...
Brown's nuclear pledge pushes industry buttons
Insurance companies such as AIG, Ace, Munich Re, Swiss Re, XL and Royal and Sun Alliance are likely ...
THB has already moved onto its next Lloyd's broker
THB has already moved onto its next Lloyd's broker target after talks to acquire PWS broke down this...
The claimant's view: name and shame conflicts of interest
Radio Four's You and Yours programme recently ran a piece about third-party capture. I had high hope...
Oval confirms FMW swoop. Blanc to become regional boss
Oval has confirmed it has acquired FMW as predicted earlier this morning. This follows the recent acquisition of Ipswich based cooksheppardpinhey and marks a new Eastern regional foothold for the Oval group.
Post pick of the week
Jonathan Swift, editor, Post Magazine outlines the major stories in this week's issue of Post including: A shock government proposal to hike up accident damage costs; news that RBSI is close to reaching a decision on the future of NIG; how some brokers…
THB's profits hit by failed PWS deal
THB has announced that its profits will take a hit as a result of the abrupt end in negotiations to acquire rival PWS. The total cost of the negotiations amounted to £1m.
NU Healthcare new range of corporate health and wellness products
Norwich Union (NU) Healthcare has launched Employer Solutions, designed to simplify the vast range of products available to businesses and to provide a complete solution to corporate health and wellbeing needs.
Fraud boss claims North West is "worst" for fraud scams
Law firm Beachcroft has appointed Howard Dean as head of its claims validation team in Manchester, in a bid to double the team’s size there and increase its turnover by 100% in 2008.
Thompstone verdict announcement
Judgement in the appeal of the Thompstone v Tameside & Glossop Acute Services NHS Trust is due to be announcement tomorrow at 10.30am, Post has learnt.
Venture Preference strengthen board with M&A heavyweight
Axa today announced the appointment of Sandy Dunn as non-executive chairman and Ian Brimecome as non-executive director of Axa-owned Venture Preference.
Bank heavily fined for PPI failures
The Financial Services Authority has fined HFC Bank over £1m for failing to take reasonable care to ensure that the advice it gave customers to buy payment protection insurance was suitable, and for failing to have adequate systems and controls for the…
Oval acquires major niche broker
According to a senior market source broking consolidator the Oval group has acquired FMW Risk Services...more to follow. This story was confirmed later in the day: go to Oval confirms FMW scoop - Blanc to become regional boss for the updated and full…
Former Brit CEO set to retire
Brit Insurance has announced that non-executive director, Neil Eckert will be retiring at the company’s next AGM in May this year.
Broker, aggregator link-up using Open GI
Kwik-Fit owned Express Insurance, and Gocompare.com have gone live with Open GI’s new fully hosted E-aggregator solution
Insurer outlines Irish growth plans
Canopius today announced its intention to establish a business unit in Dublin – Canopius Ireland. The launch of the new unit, which will be later in 2008, is subject to necessary regulatory consents.
Towergate acquires internet-based firm
Towergate has acquired Insurance 4 Car Hire Agents, an internet based insurance agency providing specialist insurance products for the car rental market.
Towergate acquire online insurance agency
Towergate Partnership has acquired Insurance 4 Car Hire Agents (I4CH), an internet-based insurance agency providing specialist insurance products for the car rental market. I4CH will form part of Towergate’s Retail Division headed by Amanda Blanc.
Broker adviser loses trading permission
The Financial Services and Markets Tribunal has upheld an Financial Services Authority decision last year to cancel the permission of mortgage and insurance broker adviser Qamar Hussain to carry out regulated activities.
Broker deal collapse: PWS response
PWS has issued a statement following THB's announcement earlier this day that both firms have ceased merger talks.
Biba launches first ever manifesto
The British Insurance Brokers’ Association today published its first-ever Manifesto, highlighting its key campaigning issues for the next 12 months.