News
Bridgman e-com role
Groupama Insurances has promoted Jason Bridgman to the role of e-commerce manager, bespoke operation...
Industry stock take needed
Insurers and lawyers need to carry out a stock take in relation to the foreseeability of climate cha...
Aquilo sells off motor unit
Nationwide Accident Repair Services today said it has bought Aquilo Motor Services, a subsidiary of Aquilo, for £1.275m.
Randall & Quilter buys Esso run-off insurer
Randall & Quilter Investment Holdings is set to agreed to buy Ancon Insurance Company from Esso Holding Company UK. The firm will be renamed Arran Insurance Company.
Broker in high street print move
Independent insurance broker Marsh & Co is launching a new scheme product aimed at high street copy and print shops. It is being underwritten by Hiscox.
Sahara Desert challenge - call for teams
The Prince's Trust Insurance Leadership Group is hosting a Sahara Desert challenge for insurance sector businesses and is looking for teams willing to take part in this team-building event next April in the Jebel Sahro mountains, Morocco.
Lockton launches online motor sports insurance cover
Lockton has launched an online purchasing facility locktonmotorsport.com for its ‘Off-track’ product which provides insurance cover for cars, karts, quad bikes and motorcycles used in motor sports events while in storage or transit anywhere in the UK and…
Trident sells 3m Axis shares
Class of 2001 Bermudian (re)insurer Axis has announced that one of its founding investors, the Trident II fund and related entities have agreed to sell three million of Axis’ common shares in a block trade.
Liv Vic unveils broker brand and first recruits since ABC acqusiition
Liverpool Victoria has announced that ABC Insurance will be the brand it deploys to spearhead its entry into the broker market. ABC will be headed by Phil Bunker, former managing director of NIG, and will distribute a wide range of personal and…
Hannover Re completes US specialty exit with Praetorian sale
Hannover Re today has announced it is to sell its US subsidiary, Praetorian to QBE.
THB releases interim results
Specialist insurance broker THB Group demonstrated a strong performance for the six months to October 2006 in its interim results released today.
Industry opposes NAIC's plan to reduce collateral requirements
Collateral requirements for alien reinsurers should stay the same and not be changed by the National Association of Insurance Commissioners, according a survey
Lark acquires Lloyd's broker
Lark Group have today announced the purchase of Somerville Insurance Services, a Lloyd’s broker based in the City and Sudbury, Suffolk.
QBE to merge operations in PI push
QBE Europe has announced its plans to fully integrate the management of the professional indemnity portfolios of QBE Insurance and DA Constable Syndicate 386, to be known as QBE PI.
IUA welcomes NAIC collateral vote
Efforts to reform US collateral rules have been welcomed by the International Underwriting Association (IUA).
FSA issues another warning over commission disclosure
The Financial Services Authority has sent out another 'dear CEO' letter on the subject of conflict of interest and commission disclosure following its own research into the area uncovered some non compliance.
Brit appoints two executives
Brit Insurance has appointed Nigel Bennett as chief investment officer and Neil Sharman as head of Group Tax.
Ascot recruits a senior lawyer and broker to aid growth
Ascot Underwriting has recruited Diarmuid Brennan and Michael Bullock to the positions of Syndicate General Manager and Business Development Manager respectively.
Skipton adds to PMI intermediary business
The Private Health Partnership part of Skipton Building Society group, has acquired the medical insurance portfolio of JSP Medical Insurance Services for an undisclosed sum – PHP’s fourth acquisition in three years.
Hiscox completes reorganisation
Hiscox has announced that its corporate reorganisation to introduce a new Bermudian domiciled holding company for the group has become effective and that the new ordinary shares of Hiscox Ltd have commenced trading on the London Stock Exchange.
Serial claimant ordered to pay costs in insurance victory
A Birmingham man who was awarded compensation for two accident claims has been forced to pay it back after it was found that he failed to reveal details of previous accidents.
Securah launches MPPI clinics
Securah is launching a series of MPPI clinics to help mortgage intermediaries increase sales of payment protection insurance.
Insurecom becomes climate neutral
Insurecom has announced today that it completed its transition to become a 'climate neutral' company.
NIG ties up five year underwriting deal
FarmWeb has announced that it has renewed its agricultural insurance partnership with NIG for a further five years.