News
Kwik-Fit added to panel
BGL subsidiary Compare the Market has added Kwik-Fit Insurance to its panel. Martin Oliver, managing...
Appointment at BLG
Barlow Lyde and Gilbert has enlisted Rupert Connell into its corporate team as a partner. Mr Connell...
Truscott joins THB board
AIM-listed THB Group has announced James Truscott will join the board of THB's recently created unde...
Fraud to rise due to crunch
Fraudulent insurance claims are expected to rise as the effects of worsening economic conditions are...
UK Broker Awards 2008 shortlist announced
The UK Broker Awards 2008 shortlist has been announced:
Trevor Matthews appointed CII president
Trevor Matthews has been appointed president of the Chartered Insurance Institute and takes over from Lord Hunt of Wirral with immediate effect.
Mark Collier joins Frontline
Mark Collier is leaving his position as managing director of Provident Insurance after seven years, to take up an equivalent position at BGL Group.
Post Pick of the Week Video
Post editor Jonathan Swift looks at the major stories from the general insurance market. This week: pressure for EL database grows; Willis loses customer data; Quinn turns back on rating agencies; Utley admits an MBO is an option; Zurich rejection may…
Atradius grabs senior Swiss Re figure Schmidt
Trade credit (re)insurer Atradius said it has hired former Swiss Re managing director Peter Schmidt to the position of chief market officer responsible for credit insurance throughout continental Europe (excluding Spain and Portugal) and the units…
Knightbrook buys Excess Re
KnightBrook, a recently established holding company of Knight Insurance Company and Venbrook Group, today announced the merger of Northwestern Insurance Company and Excess Reinsurance Company (Excess Re) for an undisclosed sum.
Argo expects $16-18m of pretax losses from US storms in Q2
Bermudian (re)insurer Argo Group, parent company of Heritage, is expected to report approximately $16m - 18m of pre-tax losses attributable to 15 severe US weather events for the three months ended 30 June 2008.
Heath Lambert wins £15.9bn Crossrail account
Heath Lambert Group has won a 10 year appointment as the broker for Crossrail, the new £15.9bn cross London railway project.
L&G unveils Group IP underwriting service
Legal & General has announced a new underwriting service for Group Income Protection policies. For schemes with over 50 members, the ONEderwriting system will underwrite clients only once and never again.
New broking group leaps into action with first acquisition
Synergy Plus Group, which has been established to acquire a group of insurance brokers, has successfully completed its first acquisition following the purchase of CUS Underwriting.
Equity announces two acquisitions
Equity Insurance Group has completed two further book acquisitions, transferring both personal lines and commercial accounts into its branch network.
New director of general insurance at Wesleyan
Wesleyan Assurance Society has appointed Andrew D’Arcy as drector of general insurance.
L&G provides maximum cover for Group Life
Legal & General is offering a free cover limit equal to the lifetime allowance for Group Life schemes with over 5,000 members or a premium in excess of £500,000.
Kynixa obtains international accreditation
Kynixa has claimed it is the first European rehabilitation company to gain accreditation from the Canada-based Commission for the Accreditation of Rehabilitation Facilities.
Levene meets Crist in London
Lloyd's chairman Lord Levene and governor of Florida Charlie Crist met in London on Tuesday as part of the Florida's trade and business development mission to the UK.
Schmalzriedt appointed chairman of Willis Re
Willis Re has appointed Gary Schmalzriedt as chairman with immediate effect.
Groupama unveils new claims boss
Groupama Insurances has confirmed that Phil Bird, currently non-motor and SME underwriting director at the insurer, has been appointed to the position of claims director to replace Graham Gibson. He will take up his new position on 1 October.
AA: claims motor insurance costs are spiraling
Over the three months ending June 2008 more than £20 has been added to the average quoted premium for comprehensive car insurance, which now stands at over £700, according to the AA’s quarterly British Insurance Premium Index.
Munich Re, Berkshire Hathaway to buy GAUM after EU clearance
Munich Re and Berkshire Hathaway are to buy Scor’s share of aerospace underwriter Global Aerospace Underwriting Managers (GAUM) after getting European Union clearance to do the deal.
IAG to sell Lloyd's syndicate Alba
Troubled Australian insurer IAG is to sell its Lloyd’s specialist Asian syndicate Alba.