News
Instalment Plan in place for next year's regulatory fees
A payment by instalments plan has been successfully negotiated to enable firms to again pay their regulatory fees by this method.
Brit continues to pull back on UK commercial
Brit Insurance has released a trading update in advance of its annual general meeting, declaring what everyone knows already - UK commercial rates are on the slide.
Coversure Insurance reports record premium levels
Coversure Insurance, the Huntingdon based franchise operation has reported a surge in gross written premium levels in 2007 to record levels.
Standard & Poor's raises Lloyd's rating
Standard & Poor's Ratings Services raised today its insurer financial strength rating on Lloyd's to 'A+' from 'A'. At the same time, Standard & Poor's raised its counterparty credit rating on The Society of Lloyd's to 'A+' from 'A', with a stable outlook.
Axa finally confirms Smart & Cook deal
Axa UK today claimed it had become the UK’s 2nd largest SME broker with the acquisition of leading independent commercial broker, Smart & Cook.
Highway launches Choice Motorcycle on Open GI
As part of its ongoing commitment to provide competitive products and service for its broker partners, motor insurer Highway has developed its Choice Motorcycle product in conjunction with Open GI to provide a full cycle EDI solution.
Highway launches motorcycle EDI product on Open GI platform
Highway has developed its Choice Motorcycle product in conjunction with software supplier Open GI to provide a full cycle EDI solution.
Heath Lambert in Scottish east coast move
Heath Lambert has relocated its Grampian operations to Aberdeen city centre, with a significant investment in a new, and larger, office.
Bloomer appointed boss at Ecclesiastical Birmingham
Tony Bloomer has been appointed as manager of Ecclesiastical Insurance’s Birmingham regional underwriting centre.
FSA sets out future of regulation
The Financial Services Authority (FSA) has published a paper setting out its current thinking on its move towards a more-principles-based regulatory regime.
APC to issue delegated binding authorities for Property Owners Business
Commercial insurance underwriting agency Anglo Pacific Consultants (APC) is offering bespoke delegated binding authorities to selected brokers for property owners business.
Arista launches new motor trade policy
Commercial lines underwriter, Arista, has launched a new motor trade policy coinciding with the recruitment of market leading motor trade underwriter, Alan Bradbrook.
Arista recruits Allianz Cornhill underwriter for motor push
Arista has launched a new motor trade policy and recruited a motor trade underwriter.
Cullum hails Snowball as "world class player"
Towergate has outlined its plans under the leadership of former Norwich Union group executive director, Patrick Snowball.
Snowball joins Towergate and Machell is moved to Asia Pacific in Aviva shake up
Norwich Union's parent Aviva today announced a new group executive team, following the announcement of Andrew Moss’s appointment as group chief executive with effect from 12 July 2007. These changes reflect the increasingly multi-national nature of the…
Board appointment at Dual International
Dual International has announced the appointment of Russell Kilpatrick to its Board.
Specialist travel broker receives highest Queen's award
InsureCancer, a specialist provider of travel insurance to individuals with a diagnosis of cancer has been honoured by H.M.The Queen. The country’s highest corporate honour, The Queen’s Award for Enterprise was bestowed in recognition of the company’s…
Training firm Searchlight boosts business development
Insurance training provider Searchlight has appointed Alison Drake in the role of relationship and development manager.
Appointments at RBS Finsure
Premium finance provider RBS Finsure has made two new staff appointments wih Colin Chappell promoted to the role of relationship consultant and Sarah Mercer made operational support manager
Yeldham quits Catlin for Aspen role
Aspen Insurance Holdings has announced the appointment of Matthew Yeldham as head of international insurance.
Clarification re Everest re article April 2007 pages 18-19
In last month’s (April 2007) issue of the magazine we ran an interview by the journalist Mairi Mallon with Joe Taranto of Everest Re, charting his meteoric rise to chief executive and chairman of this global reinsurer.
QBE swoops on Ambrose and Boultwood for aviation push
QBE has announced two appointments at aviation syndicate 5555. Tony Ambrose has joined Syndicate 5555's products and airports team as an underwriter.
Lawyers praise small claims decision
Lawyers today applauded an announcement from the Lord Chancellor, Lord Falconer, that he would not raise the small claims court limit for personal injury claims.
Novae enters international general liability market
Novae has moved into the international general liability market with the recruitment of two senior underwriters to Syndicate 2007.