News
Protect unveils new constitution
Trade association Protect has ratified a change in its constitution widening its full membership beyond credit insurance underwriters for the first time.
Catlin opens Melbourne office
Catlin Group has has expanded its Australian operations by opening a Melbourne office.
Divisional head leaves Lockton
One of Lockton's senior brokers has left the privately-owned broker, sources have told Reinsurance.
Tracker renews police deal
Stolen vehicle recover operator Tracker has signed an exclusive five-year extension on its partnership with the UK Police Force.
Bermudan market continues to grow
The Bermuda Monetary Authority reported today that the Bermuda insurance market continued to record strong performance, against the backdrop of a prolonged soft market and the effects of the worst financial crisis in a generation.
Biba: FSCS PPI levy “galling” for brokers
The British Insurance Brokers’ Association has claimed that the Financial Services Compensation Scheme an interim levy of £20m to fund failures involving the sale of payment protection insurance is “galling” for insurance brokers.
Provident rating improves to positive
Standard and Poor's has revised its rating of Provident Insurance based on its proposed sale by GMAC.
Biba responds to FSA fees
The British Insurance Brokers' Association has issued a response to the Financial Services Authority's fees and levies for the next two years.
TIP launches new West Yorkshire operation
The Insurance Partnership is continuing its programme of expansion with a move into the Leeds market.
Accenture expands RM offering
Accenture has launched a global risk management consulting service line to help companies identify, manage and mitigate risks and make greater strategic use of risk data.
Brit appoints chief information officer
Ian Powell has been appointed to the newly created role and will report to cheif operating officer, Malcolm Beane.
Marsh sees trade credit rates increase up to 50% across Europe
Increases in financial institutions' insurance ranged from more than 40% to 50% in Turkey, to 10% in Switzerland and South Africa. In the UK and Ireland, increases ranged from 10% to 30%.
Marsh sees trade credit rates increase up to 50% across Europe
Increases in financial institutions' insurance ranged from more than 40% to 50% in Turkey, to 10% in Switzerland and South Africa. In the UK and Ireland, increases ranged from 10% to 30%.
CBG partners with Manchester broker
CBG Group has appointed Daniel Stewart & Company to act as joint brokerand work alongside existing nominated adviser and broker, Zeus Capital, to handle its institutional investor and shareholder relations.
Willis reiterates commissions stance
Willis chief executive Joe Plumeri has reaffirmed that the broking giant will not go back on its decision to abolish contingent commission.
Allianz in board shake up
It follows the announcement Dr Gerhard Rupprecht is to retire at the end of the year.
Allianz in board shake up
It follows the announcement Dr Gerhard Rupprecht is to retire at the end of the year.
Blackham returns to broking market with Howden
In this new role, Howden said the co-founder and former CEO of Layton Blackham and Bluefin will provide support and guidance to help it definine and execute its strategy for continued growth, particularly in the development of the UK market.
Kwik Fit looks to dispose of insurance business
According to a reports the company has hired bankers at Credit Suisse to carry out a review of Kwik-Fit Financial Services, which employs more than 1000 people.
US winter storms estimated to cost $2bn
Catastrophe risk modeling firm Eqecat said Friday afternoon (eastern time) that it estimates insured losses resulting from two February winter storms in the eastern United States will exceed $2bn, based on a preliminary assessment.
Nine in ten customers “satisfied” with motor claims service
Almost 90% of claimants are satisfied with their motor insurance claims service, new research has revealed.
Jelf gains £24m debt facility
Jelf Group has entered into a new senior debt facility of £24mm with a five-year term. The new facility provided by a small group of lenders replaces the existing facility in full.
Groupama raids Arista for commercial underwriting boss
Groupama has appointed Arista regional underwriting manager Dawn Dillaway as its first head of commercial underwriting.
Autonet to collaborate with aggregator Money Expert
Autonet Insurance Group has teamed up with comparison website Money Expert to provide van insurance solutions to its users.