News
Brit bolsters commercial insurance presence on imarket
Brit Insurance has become the latest insurer to join imarket. The move comes weeks after the decision by MMA and Fortis to back the industry e-trading initiative.
Fraud on the rise, says CIFAS
Fraud acts are on the rise by up to 34% in Q1 2007 compared to Q1 2006, according to CIFAS, UK’s Fraud Prevention Service.
Swinton buys commercial broker
Swinton, the UK’s largest personal lines high street broker, is moving into high street commercial insurance with the acquisition of Isle of Wight based broker Vectis Insurance.
Acumus develops tailored solution for P&O travellers
Travellers taking caravans and cars on foreign holidays are to get a new bespoke service to protect them while away.
Aon survey outlines array of worries for multinationals
A global risk management survey has declared multi-nationals are increasingly worried about protecting their reputations, but have made no preparations to protect themselves. According to the survey by Aon, the encroachment of US-style litigation…
Marsh launches non-US energy product
Marsh launched a new liability product for the power and utility industry, designed to provide cover clients based outside the United States.
WPA offer cancer drugs insurance
WPA has introduced mycancerdrugs, a new form of insurance giving access to life-saving cancer drugs unavailable on the NHS.
Marsh launches utility liability facility for power sector
Marsh has launched a new liability product for the power and utility industry. The Marsh Utility Liability facility is designed to provide cover for power and utility clients based outside the United States.
FSA promotes new installment plan for regulatory fees
A payment by instalments plan has been negotiated to enable firms to pay their regulatory fees by this method.
Instalment Plan in place for next year's regulatory fees
A payment by instalments plan with very competitive terms has been successfully negotiated to enable firms to again pay their regulatory fees by this method.
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.