News
Ink relocation
Ink Underwriting Agencies has relocated to new offices at Vantage House in Rayleigh, Essex.
Willis commitment
The Willis commercial network has announced two of its largest members, Berkeley Insurance Group and Beaumonts Insurance Brokers, have committed to remain with WCN in long-term deals.
H&S review "irrelevant"
The Claims Standards Council has labelled Lord Young of Graffham's upcoming review on health and safety legislation as "totally irrelevant".
Eight-fold fee hike slammed
The British Insurance Brokers' Association has urged members to take an active role in an upcoming consultation of Financial Services Compensation Scheme levies to help reduce the burden of fees on intermediaries.
Editor's comment: Brit offer makes waves
Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.
Brockman unconcerned over past PAYG failures
The founder of telematics-based motor insurance provider Insure the Box has said its sole focus on pay-as-you-go technology makes it more likely to succeed where others have failed.
Millar joins QBE claims
The former head of specialist claims operations at Royal Bank of Scotland Insurance Julian Millar has joined QBE.
Axa remains committed
Axa has insisted it remains committed to its UK general insurance and health operations.
Ansvar status change
Ecclesiastical is proposing to alter Ansvar's legal status to a business division of the group.
Top five Post stories
The five most popular stories at postonline.co.uk over the past seven days were:
Market awaits Apollo's next move on Brit
Lloyd's insurers that have been trading below book value saw their share prices jump following a private equity bid to buy Brit Insurance.
Airmic reveals solution to non-disclosure issue
The Association of Insurance and Risk Managers has unveiled plans to end disproportionate member penalties for inadvertent non-disclosure in a move it hopes will be mirrored by eventual insurance law reform.
IGI to change name
IGI Insurance is to change its name to Am Trust Europe, having received a major investment from multinational property and casualty insurer Am Trust International Insurance.
Corpore to buy assets
Corpore is to acquire some of the assets of rehabilitation provider, Kynixa.
Quinn redundancies
The administrators for Quinn Insurance will not be enforcing compulsory redundancies at the beleagured insurer, after enough voluntary redundancies were taken up.
Ceiops member disputes broker independence
Intermediaries that accept commission should be prevented by law from describing themselves as independent, according to a member of the Committee of European Insurance and Occupational Pensions Supervisors.
RSA seeks two after director departures
RSA's commercial broking division is to lose a second key director within a month, when Aaron Devitt leaves the UK business. Mr Devitt, sales director since November 2008, will leave to take over as commercial lines director for RSA's Scandinavian…
Broker network set to close online B2B portal
Broker network Westinsure is poised to close its Broker 2 Broker online trading portal at the end of the month, after claiming it does not meet members' needs.
Williams leaves Tesco Compare
Tesco's commitment to making serious headway in the price comparison site market has come under scrutiny, following the departure of its chief executive.
Government may buy insurance to cut costs
The government may look at buying more insurance as part of its strategy to cut costs, Post has learnt.
ABI: no bias against NI
There is no fundamental bias against the Northern Irish motor and property markets — and higher costs in the legal system are the reason personal injury claims tend to be steeper.
Tory Lord to consider PI ad ban
The Conservative Lord appointed to lead a review to put the “commonsense back into health and safety” rules has said he will look at banning personal injury firms from advertising their services.
IIB appoints director
The Institute of Insurance Brokers has expanded its board with the appointment of Bob Pybus as a director.
Liberty looks to grow construction with new hire
Liberty International Underwriters Europe, a division of Liberty Mutual Group, has appointed Andreas Ofner as senior underwriter – construction.