News
Editor's comment: All action, no talk
Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…
Career development & CSR: Barbon tackles homelessness with 1% of profit ambition
Barbon Insurance Group aims to raise the equivalent of 1% of its profits over three years in support of UK homeless charities, as part of a new corporate social responsibility strategy.
Go Compare slips down the rankings
Go Compare has fallen to 11th place in a study of the most visible insurance websites, published by search engine research firm Greenlight.
Aviva's BIG hits 2000 members in two years
Aviva's Broker Independence Group has grown its membership base by 24% over the past 12 months and expects take up to continue.
Crisis Survivor buyers undeterred by debts
A broker has shown interest in failed risk management specialist, Crisis Survivor, as creditors reveal the business owes £300 000.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Career development & CSR: Ask the expert
What would be the essential pieces of advice you would offer a job seeker at the moment?
Giles rebuffs claim that growth dependent on acquisitions
Giles Insurance Brokers has stated its growth "does not depend on acquisitions" as it recorded an operating loss of £6.5m (2009: £8.4m profit) for the year ended August 2010.
Career development & CSR: First six BGL apprentices win full-time jobs at Fusion's contact centre
The first six young people to win places on an apprenticeship scheme launched last year by BGL have secured full-time jobs at its Sunderland-based Fusion contact centre.
Validus investigation unit spots £1m of fraud in first two months
A new claims investigation unit set up by Validus has found nearly £1m of suspicious motor claims for insurance clients in its first two months of operation.
RSA plans to 'dominate' marine after niche buy
RSA's acquisition of niche marine broker Noble Marine is part of a plan to dominate the UK marine market, according to marine director Richard Turner.
Biba 2011: Biba renews professional indemnity accredited broker panel
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker panel. Biba's three accredited brokers — Lockton Companies, Howden Insurance Brokers and Towergate Professional Indemnity — will continue to provide cover…
People moves - 19 May 2011
A round-up of people moves and new appointments in the industry, as featured in the 19 May 2011 edition of Post.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Gable to review business as profit soars 76%
Gable is to embark on a “complete review” of the business in preparation for the implementation of Solvency II.
Fitch affirms KBC group at 'A' - outlook stable
Fitch Ratings has affirmed KBC Bank's, KBC Verzekeringen N.V.'s and holding company KBC Group's long-term issuer default ratings at 'A'. The outlooks on the long-term IDRs are stable. At the same time, the agency has affirmed KBC Insurance's insurer…
Gable to review business as profit soars 76%
Gable is to embark on a “complete review” of the business in preparation for the implementation of Solvency II.
Fitch affirms KBC group at 'A' - outlook stable
Fitch Ratings has affirmed KBC Bank's, KBC Verzekeringen N.V.'s and holding company KBC Group's long-term issuer default ratings at 'A'. The outlooks on the long-term IDRs are stable. At the same time, the agency has affirmed KBC Insurance's insurer…
Europ Assistance unveils new management team
Europ Assistance has completed a shake-up of its UK senior management team with the appointment of Peter Dingle as commercial director.
Half a million male motorists admit point swapping
More than 500 000 male motorists have admitted to passing driving penalty points onto their loved ones, research by Direct Line has revealed.
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…