News
Alan and Thomas snaps up Dorset broker
Alan and Thomas Insurance Brokers have acquired insurance broker Abrey Beatty.
West brought in at Novae
Liability specialist Novae Underwriting has appointed Ian West as underwriting director.
Kiln profits increase three fold
Kiln has announced record profits before tax of £33.1m for the year ending 2003.
HBOS links up with BMW Financial Services
St Andrew's Insurance, part of HBOS Group, today announced a new partnership with BMW Group Financial Services, Great Britain for the provision of creditor payment protection and return to invoice price GAP policies on the full range of BMW and Mini cars…
Rate reductions for MMA’s travel policy
MMA Insurance has introduced a number of rate reductions and simplified product literature for Flagship, its single trip travel insurance.
Finsure adds to sales team
NIG's premium finance subsidiary, Finsure, has appointed Scott Feltham as regional sales executive for the western home counties, south west and Wales.
Chaucer profits top £35m
Lloyd's insurer Chaucer has announced record finalresults for the year ended 31 December 2003, with profits increasing by £32.8m from £3m in 2002.
Link Underwriting relocates management team
Link Underwriting Agency has relocated its management teamfrom Maidstone to new offices in Kings Hill, Kent.
Clinicare announces gross premiums of £30.7m
Medical insurer, Clinicare, has announced its results for 2003 with gross written premiums up 8% to £30.7m.
Primary Group shows thespian side with new acquisition
Primary Group has today announced the acquisition of Walton and Parkinson the UK’s leading insurance brokers to the theatre world.
Bright future for Oval's acquisitions strategy
Oval Limited, the UK broking group, has appointed Stephen Bright to the position of group finance and operations director. He will be based at Oval's Wakefield office and will oversee the implementation of the company's acquisitions strategy.
Broker appoints deputy MD
Broker BWP today announced the appointment of Peter Newson as its new deputy managing director.
Van Ameyde & Wallis buys medical assistance specialist business
International claims manager Van Ameyde & Wallis announced today that it has purchased medical assistance specialist International Medical Rescue from Aon Travel Solutions for an undisclosed sum.
IAIS presses for reinsurance transparency
The International Association of Insurance Supervisors (IAIS) has announced a new framework for the collection of statistics that it hopes will enhance transparency in the reinsurance sector.
Willis Commercial Network member acquires two
David Moore & Co Insurance Brokers Limited of Newport has become the first Willis Commercial Network member to make two acquisitions at the same time.
Goshawk reports £57.5m loss
Insurer Goshawk has announced a loss before tax of £57.5m for the 2003 year of account, against a profit of £10.1m for the previous year.
Stable outlook for Top Layer Re
AM Best has affirmed Bermuda-based Top Layer Re’s financial strength rating of A+ (superior), and has announced that the outlook is stable.
UK broker acquires Scandanavian giant
Through its parent company, the Hyperion Insurance Group, broker Howden has acquired a controlling 56% interest in Holm & Co, a leading Swedish insurance intermediary. Holm & Co will become the group's Swedish broking arm and further consolidates the…
Rubicon launches broker personal lines service
Rubicon has launched a new outsourced service for brokers geared to increase the profitability of their personal lines business and enhance their relationship with these customers.
Towergate makes Sunday Times' rich list
Towergate Underwriting Group has been listed in the Sunday Times as 17th in the list of British firms with the fastest growing profits.
Savannah Re announces new deal
Savannah Re has concluded an agreement to provide underwriting services to Platinum Underwriters Reinsurance and the Glencoe Group.
Regional job market competition growing says CII
The UK insurance industry job market is becoming increasingly competitive, with increase in the number of candidates registering for regional jobs during the last year.
AIG warns of risks to fine art collections
AIG Private Client Group has revealed at a recent seminar that fine houses, their contents and fine art are more at risk today than ever before, and the need for specialist insurance policies combined with up-to-date security advice has never been…
Aquilo and Ossys join forces
Claims management and advisory service to the insurance industry, Aquilo, has entered into an alliance with software specialist Ossys Systems.