News
Industry buzz
Sustainable Affinity Partnerships
Marsh eyes growth with Bowring resurrection
Marsh is to target new territories following the launch of a new specialist international broking ar...
Appointment at Plantec
Plantec Holdings has appointed Andy Johnson as repair centre manager at its base in Kingswinford, Bi...
Fiserv in $501m insurance information technology sale to Stone Point
Fiserv, the US information technology provider to the financial and insurance services industry, said that it has sold a 51% shares in its insurance division to private equity firm Stone Point for $501m.
Zurich boosts presence in emerging markets
Zurich’s Emerging Markets Solutions group has opened additional offices in Asia, Continental Europe and the Americas.
Hastings Direct CEO responds to media speculation on IAG plans
The chief executive of Hastings Direct has written to staff at its Bexhill head office insisting that it is business as usual and warning staff about contacting the media.
Suspected insurance fraudsters arrested
Twenty alleged members of an insurance fraud ring were arrested this morning in London following a joint swoop by the Metropolitan Police and the Insurance Fraud Bureau as part of a ‘cash for crash’ investigation.
IFB Operation results in 20 Arrests
Met Police traffic officers and investigators from the Insurance Fraud Bureau (IFB)have issued a stark warning to those taking part in false insurance claims or "Cash for Crash" scams.
Former AIG chief Sullivan gets $47m payout
AIG has revealed that it will pay former chief executive Martin Sullivan $47m in severance pay after he resigned from his post last month, and SEC filing has revealed.
Ace aims to boost broker relations with new hire
Ace Europe has appointed Ian Fox as development manager for the UK regions.
Aon bolsters Northern leadership team
As part of its leadership restructure, Aon Risk Services has promoted two new members to the Northern leadership team.
Marsh granted Qatar authorisation
Marsh today announced that it has been authorised by the Qatar Financial Centre Regulatory Authority to provide a broad range of insurance broking and risk advisory services in Qatar.
Ex-AIG chief Sullivan resigns from board of Transatlantic Holdings
Transatlantic Holdings, the US reinsurer, has said that its chairman Martin Sullivan, has resigned from the Board, effective today.
Gallagher completes Aon swoop for new energy subsidiary
Arthur J Gallagher International has launched a new joint venture, Alesco Risk Management Services, aimed at the onshore/offshore energy sector.
Broker group seals £15m GWP deal as it seeks top 50 place
Thamescity Insurance Brokers, an Oxford-based company specialising in non standard private car business, has been acquired by Markerstudy Group.
Start up insurer hails untapped potential of new £3.75bn market
A new Gibraltar-based insurer this morning launched into a new market it claims could be potnetially worth £3.75bn.
RBSI future could be decided by early August
Royal Bank of Scotland wants second-round offers for its insurance business to be submitted by the end of this month, according to reports
Judge rules in Lloyd's favour in last 'major' Names case
A group of 49 Names have lost a key court case, described as the last major piece of litigation outstanding against Lloyd's.
Video - Claims Club Annual dinner and Rising Star Award
If you missed this year's Post Magazine Claims Club annual dinner at Lords cricket ground you can watch some of the highlights now - including the presentation of the Rising Star Award 2008. Watch it now
Broker Network welcomes new member
Langley Insurance Agents has joined The Broker Network bringing the network’s total number of combined members to more that 200 and annual gross written premium to £500m.
Softening reinsurance pricing market continuing - Willis Re
Willis Re, the global reinsurance broker, has said that while softening in the reinsurance market continues unfettered, a disparity remains between reinsurance and primary pricing levels.
New partnership aims to boost brokers' online sales
Open GI has formed a partnership with optimisation specialists Optilead to help brokers increase their online conversion rates.
Heath Lambert launches new specialist household policy
Heath Lambert Group has launched a new household policy under its Homeline Solutions brand.
Meehan takes new customer experience director role at Axa
Axa Insurance has appointed former Smart and Cook and Venture Preference boss Paul Meehan as customer experience director from September, as part of a restructure.