News
Cobra makes post AIM acquisition
Cobra Holdings has exercised an option to acquire the share capital of commercial broker Tubbs Insurance Services.
PMI becoming popular with younger people
Higher expectations of healthcare in the UK are leading to the acceptance of private medical insurance, especially within the 18-24 market, according to a survey by Bupa.
Training and Competence to become more principles-based
The Financial Services Authority (FSA) has confirmed the introduction of a more outcome-focused and flexible Training and Competence (T&C) regime - including a new, shorter, simpler and more principles-based T&C Sourcebook.
Fortis to expand team by 50% in new broker assault
Fortis is set to increase the size of its broker team by 50 per cent over the coming months. In a reorganisation of its sales force, Fortis has created 12 districts throughout the UK, each with a broker relationship manager. Steve Berry and James Astle -…
50 000 claims received after floods, says ABI
Insurers are currently handling over 50 000 claims following the recent floods, as well as the earlier flooding in Yorkshire, said the Association of British Insurers.
Gocompare issues flood warning
Insurance comparison site Gocompare.com says almost 30% of UK drivers may not be covered if their car is subjected to flood damage.
Ace bolsters D&O business with new UK boss
Ace UK has promoted Diane Davidson to UK & Ireland D&O regional manager. Ms Davidson will be responsible for the development and management of all UK regional business for D&O, pension trustee liability and employment practices liability classes.
Comparethemarket.com appoints managing director
Comparethemarket.com has announced that Kal Samra has been appointed to the role of managing director for the business.
Aspen reports rise in net income
Aspen reported second quarter earnings per share up by 18% with net income up 13% for the quarter and half year ended June 30, 2007.
Chaucer predicts motor upturn as it sets syndicate forcecasts for 2008
Chaucer Syndicates, the managing agency of Chaucer Holdings, has submitted business plans to Lloyd’s for Syndicates 1084 and 1176 for the 2008 year of account.
Brown joins Oval
Oval has appointed Andrew Brown as a non-executive director in a bid to increase its commercial and regulatory expertise.
Navigant acquires Troika
Consulting firm Navigant has signed a binding agreement to acquire Troika – a UK financial services consultancy.
Former NU exec heads broker's new commercial comparison website
Bolton based wholesale broker U K Facilities has launched a commercial comparative online website.
Aon warns of clean up cost for 2m new homes
Aon has called for clarity over who should be held liable for clean up costs and other harm to people and property arising from possible contamination on brownfield sites.
FSA issues latest TCF guidelines
The Financial Services Authority (FSA) has issued its latest publications to support the delivery of the Treating Customers Fairly (TCF) initiative, which continues to be a key priority for the FSA's work in the retail market.
L and G general insurance business goes into the red as weather bites
Legal and General today reported that its general insurance business recorded a pre-tax operating loss of £38m in the first half of 2007, compared with a £2m profit in the same period last year.
Norwich Union diversifies its agricultural offering
Farmers need increasingly different types of cover as they diversify their business, according to Norwich Union.
Tawa raises £20m in IPO
Non-life run-off specialist Tawa has floated its shares on London’s AIM market, raising a gross amount of £20m ($40m).
D & G updates shareholders on merger talks
Domestic and General will today update shareholders with regards ongoing merger talks.
Former Willis CEO hired in Aspen board shake up
Aspen Insurance has announced that Prakash Melwani and Kamil Salame will be stepping down from the board today.
Flexible working options provide incentive to managers
Jo Causon explains why flexible working initiative can motivate staff and improve business performance.
Cunningham Lindsey UK recognised for H&S policy
Cunningham Lindsey UK has received the Gold Award in the Occupational Health and Safety Awards 2007....
Report backs claims over absence to spend link
Occupational health experts have claimed their predictions that sickness absence would rise have com...
Safety fears for UK firms
Three-quarters of bosses do not have the time to deal with health and safety issues, according to a ...