News
Towergate interest payments come down and debt maturity extended to 2018
Towergate Insurance has today announced the completion of its refinancing, following the closing of its bond offering.
Tysers sees pre-tax profits climb for 2012
Insurance and reinsurance broker Tysers has reported improved pre-tax profits for 2012, noting currency movement will likely boost 2013 figures.
Biba 2013: FCA boss promises to take hard line on problem products
Industry players have been warned to “get their houses in order” by Financial Conduct Authority chief executive Martin Wheatley, who has vowed to deal with potential problems with financial products before they take root.
Arista makes regional appointment
Arista has named Bethany Wilkes as assistant underwriter at its Birmingham office.
Markerstudy eyes up acquisitions and unveils claims management solution
Markerstudy has combined three of its most recent acquisitions into a new integrated FNOL and claims management solution called Synchronicity.
Biba 2013: CFC launches cyber policy
CFC has launched CPM a cyber policy that the specialist lines underwriting agency says has been redesigned to tackle the issue of cyber crime faced by companies operating across different territories around the world including the “new” crimes of…
MGAA starts search for first managing director
The Managing General Agents' Association has formally begun its search for the Association’s first full time managing director.
Bluefin Partnership renamed as Bluefin Network
Bluefin’s broker network, previously known as Broker Partnership Services has been renamed as Bluefin Network with immediate effect.
Towergate swoops for North England broking pair
Towergate has acquired Youngs Insurance Brokers and Murray Burns & Co, brokers based in North of England.
Strong market competition dents Ageas total income
Ageas UK has reported a 38% increase in net profit to £19.4m in the first quarter of 2013 (Q1 2012: £14.1m) while the combined operating ratio improved to 99.9% (Q1 2012: 102.3%).
Towergate’s Duggan puts market competitors networks in crosshairs
Duggan won’t ‘rule anything out’ in plans for business’s future
Midwives professional indemnity: Communication breakdown with PI specialists leaves ball in coalition’s court
Government tasked to intervene as midwives’ insurance talks corrode
Quindell model calls for clarity after shares plummet
Speed and volume of deals have caused confusion
Tax Avoidance: Insurers warned over tax avoidance after WHA loses appeal in NIG VAT case
VAT not recoverable in offshore scheme involving NIG, Crystal and Viscount
Aviva offshores 600 jobs to India
The UK union Unite has accused Aviva of betraying its UK workforce by offshoring hundreds of back office life insurance processing jobs to India.
Taiwan falls out with Philippines
Taiwan is suspending hiring Filipino workers as tensions grow over the killing of a Taiwanese fisherman.
Civil unrest growing in Asia
Aon's 10th annual political and terrorism risk map shows an increase of protests and unrest in Asia.
LV Broker unveils technology platform
LV Broker has launched a new platform for schemes business, which will enable brokers to set up and manage policies within a scheme at the touch of a button.
Aviva resurrects General Accident brand for motor market
Aviva is targeting parents seeking to purchase their children's car insurance with its new motor proposition after resurrecting its General Accident brand.
Sheilas’ Wheels Facebook distribution extends to broker platform
Esure has expanded its Sheilas’ Wheels Facebook distribution channel to offer premiums for Sheilas’ Wheels Broker, in order to enable customers to get quotes from a wider panel of insurers.
Lloyd's broker Ropner develops new system with Northdoor
IT solutions provider Northdoor has agreed a partnership deal with independent Lloyd’s broker Ropner Insurance Services, to deliver a new broking system to the insurance market.
Top five European news stories
The top five news stories from www.insuranceinsight.com
Marsh appoints Mena business development head
Marsh has appointed Neil Irwin to lead the firm’s business development across its Middle East and North Africa region.
Henderson Insurance Brokers unveils new MD
Henderson Insurance Brokers has appointed Steve Barrett to the role of managing director.