News
CGSC announces rebrand ahead of 50th trading year
Cooper Gay Swett & Crawford has renamed its London market brokerage business as CGNMB, a single brand that combines Lloyd's brokers Cooper Gay & Company and Newman Martin and Buchan.
Howden turns attention to UK market with Powell Bateson acquisition
Howden Broking Group has moved to expand its UK regional footprint with the acquisition of commercial broker and risk management consultancy Powell Bateson.
Ex-Zurich claims boss Paton to be reunited with Steve Lewis at RSA
RSA has appointed Zurich’s former UK chief claims officer Bill Paton as claims director for the insurer’s UK and Western Europe business.
Pool Re hails Treasury 'concessions' ahead of EGM vote
Pool Re has welcomed "significant concessions” from HM Treasury in its quest to modernise the terrorism scheme.
Thoresen passes ABI baton to deputy Evans
The Association of British Insurers has named Huw Evans as the successor to director general Otto Thoresen ahead of his move to National Employment Savings Trust in February next year.
Australia's first telematics app created by Wunelli
Wunelli has created Australia’s first smartphone telematics app for motor insurance after teaming up with telematics insurer Insurance Box.
Sportscover and Hamilton agree strategic deal
Lloyd's insurer Sportscover and Bermuda based property and casualty insurer Hamilton Group have concluded their strategic talks after agreeing a deal.
Quindell founder Terry and two fellow directors exit company
Quindell founder and chairman Rob Terry has resigned from the board of directors with immediate effect.
RDT prepared for My Licence launch
Software provider RDT's Landscape platform has been upgraded to support soon-to-be-launched industry hub My Licence.
Chubb appoints George as European operations director
Chubb's Lynn George has been appointed European chief operations director at the insurer.
Ten Insurance completes ownership model switch
Independent broker network Ten Insurance has completed its switch to an employee-ownership trust business model.
Insurers making progress on single customer view as key to digital strategy
Creating a single view of the customer has been highlighted as a strategic priority for insurers after a market survey showed the insurance industry is lagging behind other sectors on digital innovation.
Aon approves £3.2bn share repurchase programme
Aon's board of directors has approved a $5bn (£3.2bn) share repurchase programme.
Canaccord resigns early as Quindell's adviser
Canaccord Genuity has resigned as Quindell's financial adviser four days earlier than expected.
PRA writes to insurers warning about over-reliance on reserve releasing
The Prudential Regulation Authority has written to insurers in a bid to ensure firms are focused on sustainability after identifying an increase in reserve releasing in recent years.
FCA and financial firms agree to join forces on complaints handling
The Financial Conduct Authority has agreed with financial firms to make improvements to the way complaints are handled in the sector.
Evoque launches claims and appraisals services
Evoque Claims and Appraisals has launched a service for insurers and brokers that aims to speed up the claims settlement process.
Digital M&A competition to intensify, claims Towers Watson report
Property and casualty insurers are increasingly targeting digital distribution as the most attractive channel for acquisition, according to a report published by consultancy business Towers Watson.
Axa Assistance extends motor partnership with Royal British Legion
Axa Assistance UK has extended its partnership with The Royal British Legion to provide motor breakdown insurance to its members and supporters.
Canopius Asia appoints crisis management underwriter
Specialist re(insurer) Canopius has appointed Liliz Chen as a crisis management underwriter in Singapore.
Bonnington and Holt join Dual PI team
Dual has hired Stephen Bonnington to lead its professional indemnity and cyber business.
Financial crime risk management no longer 'tick box' exercise says EY
Small commercial brokers face an uphill struggle to ensure they are meeting the the Financial Conduct Authority's expectations on financial crime risk management, according to EY.
Brightside hires Lloyds household pricing head Gardner
Broker Brightside Group has hired former Lloyds TSB senior manager Chris Gardner as its new home underwriter and product manager.
18 killed in Shandong fire
A huge food plant fire killed 18 people and injured 13 others in Shandong yesterday evening.