News
Former Xbridge boss plots online return – Post in print: 6 January 2010
News editor Mairi MacDonald outlines the main news from this week's issue of Post, which reports that former Xbridge boss Tony Deacon is poised to return to the market with a similar venture after his new business received the regulatory green light just…
Ghost broking arrest made
Officers from the Metropolitan Police yesterday, 5 January, arrested a 31-year-old man on suspicion of conspiracy to defraud and money laundering offences.
FSA fines and bans director £25 000 for part in £2m London market fraud
The Financial Services Authority has fined Barry Williams £25 000 and banned him from working in regulated financial services for his part in a scheme that defrauded leading London market insurers of more than £2m.
Hannover joins Hiscox and Argo as White Oak capacity provider
Specialist automotive and equipment underwriting agency White Oak Underwriting has announced a new capacity providers for 2011.
Money Supermarket ad to star John Prescott
John Prescott is to star in Money Supermarket’s latest television advertising campaign.
UK General appoints senior travel underwriter
UK General has appointed Chris Chadwick to head up its travel underwriting team.
Advent poised to take Towergate stake
Towergate is understood to have reached an agreement in principle with private equity firm Advent International.
Admiral sells German arm
Admiral Group has sold its German opertaion Admiral Direkt to Itzehoer Versicherung.
Admiral sells German arm
Admiral Group has sold its German opertaion Admiral Direkt to Itzehoer Versicherung.
GAB appoints new head of business development
GAB Robins has announced the appointment of Ian Sutcliffe to the newly created senior role of head of business development.
Former Aon claims director joins Marsh
Marsh has appointed Alan Morton as senior claims advocate of its international division and property claims practice group leader, UK and International.
Former Aon claims director joins Marsh
Marsh has appointed Alan Morton as senior claims advocate of its international division and property claims practice group leader, UK and International.
Cooper Gay appoints non-marine director
Insurance broker Cooper Gay has named former Aon executive director Alan Abel as head of broking and director of its non marine division.
XL expands
XL has expanded its professional liability offering for architects and engineers after commencing writing on Lloyd's paper.
Former Xbridge boss Deacon plots online return with Primary
The former boss of online commercial insurance broker Xbridge Tony Deacon is poised to return to the market with a similar venture, after his new business received the regulatory green light just before Christmas.
Cullum: CBE is testimony to all staff
Towergate's charity work is part of the company's "corporate DNA" according to founder and chairman Peter Cullum, who has been made a Commander of the Order of the British Empire in the Queen's New Year honours list.
Big freeze results in more property claims
Property claims have become more serious and extensive this winter as a result of the freezing temperatures, according to Crawford & Company.
Rise in claims push motor reinsurance rates up 50%
More severe claims frequency and an increase in periodical payment orders have contributed to UK motor reinsurance rates leaping by as much as 50% at the 1 January renewals on a rate-adjusted basis.
Income protection to become core product for Aviva
Aviva has tipped its new short-term payment protection insurance product to generate a "significant proportion" of its overall turnover following its launch in Q1 2011.
Rackstraw joins WNS to spearhead property push
Motor claims handling specialist WNS Assistance has appointed Rok's former director of insurance services Arthur Rackstraw to spearhead its foray into the property sector.
New FSA regime may boost D&O/PI take-up
The Financial Services Authority's tough enforcement stance could lead to an increase in demand for certain commercial insurance products, Reynolds Porter Chamberlain partner Jonathan Davies has claimed.
Career development & CSR: BGL Group donation boosts reach of Samaritans
The BGL Group has donated £15 000 to The Samaritans. The cash boost will directly support a project updating The Samaritans' contact systems, which will allow the charity to answer thousands more calls from people in emotional distress.
Devitt eyes renewed affinity push after MBO from RBSI
Motorcycle broking specialist Devitt has targeted a return to the broader affinity market following its management buyout from Royal Bank of Scotland Insurance.
Editor's comment: The foundations are laid
Looking back 12 months to the first leader column of last year, I mulled whether 2010 would be marked by a number of changes, not least a hardening of rates, more merger and acquisition activity and insurance IPOs.