News
Claims company diversifies into glazing with new subsidiary
As part of its strategy to diversify into new markets, drainage specialist UKDN has launched UKGN – the UK Glazing Network.
Direct to offer Arc legal services
Legal costs insurer Arc Legal Assistance has been appointed to provide a family legal expenses cover and range of legal services to clients of Direct Group.
Tunnicliffe to take up Kiln role
R J Kiln and Co has announced that Lloyd Tunnicliffe is joining Kiln with a view to his becoming active underwriter of Kiln Syndicate 807, succeeding Stephen Mathers who is expected to retire at the end of this year.
Four more London authorities snub insurance sector
Four London boroughs have joined Local Authorities Mutual on 1 April, its first anniversary. They are Croydon, Camden, Haringey and Lambeth, bringing the total of full participating members to seven with others planning to join over the next three years.
Dual reports rise in GWP
Dual International has reported a 17% increase in gross written premium from 2006, reaching €104m for the financial year to September 2007.
ABI calls for flood resilience kite mark
A new flood resilience kitemark is needed for housing developments planned in the floodplain, the Association of British Insurers said today. The voluntary kitemark would set minimum construction standards, such as the use of water-resistant building…
Novae launches new product
Novae Insurance has revealed the launch of a new product tailored for the IT industry.
Novae Insurance launches new product for IT professionals
Novae Insurance Company (Novae Insurance), the wholly-owned FSA-regulated subsidiary of Novae Group, continues its expansion and product development through the launch of a new product tailored for the IT industry.
Aon designs new policy for key workers
In response to the government’s Key Workers Living Programme, Aon has launched a new home insurance policy to help key workers protect their assets.
Advent's Syndicate 780 underwriting chief Tunnicliffe resigns
Advent Underwriting, the Lloyd's Managing Agency business of Advent Capital, said that Lloyd Tunnicliffe, chief underwriting officer of Syndicate 780 has resigned from the company.
Fed prosecutors pressuring Berkshire to fire Gen Re CEO - report
Federal prosecutors are pressuring Berkshire Hathaway to replace the chief executive of its reinsurance subsidiary General Re, following criminal-fraud convictions of four former General Re executives earlier this year, says the Wall Street Journal,…
Aon launches key worker housing policy
Aon has launched a new home insurance policy aimed at protecting the assets of key workers.
Broker buys underwriting agency to close in on £30m target
LFC Insurance Group, the South-East based commercial broker, has acquired the shareholding of RS Hayworth & Co, trading as Shield Policies.
Liberty boosts PI in Bristol and Manchester
Liberty International Underwriters, a division of insurer Liberty Mutual Group, has boosted its regional professional indemnity expertise through the appointments of Katie Dumenil and Simon Barber to its Bristol and Manchester offices respectively.
Austen leads MBO of Gallagher Re's Asia arm
Richard Austen, the former chief executive of Arthur J. Gallagher’s Asian reinsurance broking arm, has led his group to a managing buyout of the unit.
Insurer moves to buy broker stake
Hiscox has acquired a 35% of Media Insurance Brokers International, it announced this morning.
WNS strengthens UK footprint
WNS Holdings, a provider of global business process outsourcing services, has acquired Call 24/7 - an auto insurance-claims-processing services provider based in the United Kingdom.
Giles buys third Midlands broker
Giles Insurance Brokers has acquired David Moore and Company.
Broker recruits Scottish MD and M and A boss
Gordon Crosbie has been appointed as Scottish regional managing director of broker Giles. Mr Crosbie joined Giles in October last year following Giles’ acquisition of Falkirk-based broker Crosbie and Jack.
Three more join mutual body
The Fire and Rescue Authorities Mutual has announced three more FRAs joined on 1 April. There are now eight fully participating member authorities with more expected to join in coming months, it added.
Aviva swoops for private medical insurer
Norwich Union's parent Aviva today announces that its insurance business in Ireland, Hibernian, has agreed to acquire 70% of Irish health insurance business VIVAS Group.
Warranty provider acquired
Cardif Pinnacle has acquired a majority shareholding in Warranty Direct, a provider of personal extended warranties that protect consumer‘s cars and electrical appliances.
HSBC lose details of life insurance customers
HSBC has lost the details of 370, 000 life insurance customers after it sent a computer disc through the standard postal system.
Insurance Age On Air - news review
Insurance Age news editor Sarah Hills provides a run down of this week's major news stories. Watch it now . The top stories this week include the Lloyd’s market opening up for business to the UK broker market; Camberford Law reported to be in talks for…