News
Bluefin buys GM book
Bluefin has acquired the general insurance business of Peterborough-based GM Towns & Partners for an undisclosed sum.
Giles appoints seven
Giles Insurance Brokers has appointed seven new members of staff at its Llantrisant-based head office.
Brown leaves CCV
CCV operations director Roger Brown has left the consolidator Post has learnt.
Oxygen opens Bristol office
Oxygen has opened an office in Bristol and appointed two new employees. The corporate risks office is headed up by former Marsh employee Vikki Wiltshire, who is joined by Julie Donkin (pictured), recruited from Heath Lambert in February as a new business…
Aviva to offer London market access to BIG members through Lloyd's broker
Aviva is poised to offer members of its Broking Independence Group access to the London market via Lloyd's broker Miles Smith.
Lloyd's China granted licence to write direct insurance
Lloyd’s China has been granted a licence by the China Insurance Regulatory Commission to write direct insurance in addition to their existing reinsurance licence.
RSA unveils launches to regain SME ground
RSA is to launch more commercial products in its bid to become a top-five player in the SME market.
MYI hires Main in Scottish expansion
Loss adjuster MYI has expanded its Scottish operation with the appointment of former Garwyn liability specialist Stuart Main.
Dual seals capacity deal with Am Trust
Dual Corporate Risk is to begin underwriting professional indemnity cover for Lloyd's brokers after it secured £5m liability capacity from IGI Insurance Company.
Uncharted waters lie ahead in a sea of change
As we enter the uncharted political waters of a coalition government, it is perhaps worth noting that the current uncertainty is really nothing more than the continuance of a process of change that has been going on for well over two years, to which some…
Brightside talks to LV, Axa, Groupama and Fortis about panel move
Brightside is aiming to set up an insurer panel for Ecar and Ebike after confirming plans to acquire them.
Allianz CEO lowers 2010 expectations
Allianz chief executive Andrew Torrance has conceded the insurer has lower expectations for 2010, after its operating profit fell 10.7% in the first quarter of the year.
Never say never for Towergate bond issue
Last week's decision by Towergate to cancel its £665m bond issue did not come as a great surprise.
POS PPI ban confirmed
The Competition Commission has reaffirmed its decision to provisionally introduce a point-of-sale prohibition on payment protection insurance.
BIBA 2010: GAB launches broker offering
GAB Robins today launched a suite of broker services to help intermediaries work more efficiently and enhance the standard of their claims services for their clients.
Assurex to appoint Miller
Assurex Global is poised to appoint Miller as one of two new UK partners, after a long search to replace HSBC Insurance Brokers as its main UK representative.
Top five Post stories
The five most popular stories at postonline.co.uk over the past seven days were:
Coverzones boss vows it will come back "within months"
Coverzones chief executive Simon Ball has vowed the online commercial aggregator will make a profitable return to the SME market within months.
New data hub promises level playing field for insurers
Non-direct motor insurers and brokers will soon be able to compete head on with their direct counterparts, following the launch of a new data bureau that will validate claims, credit and vehicle data at the point of sale, according to its founding…
Confusion over FSA prompts calls for government rethink
The insurance industry has called on the government to review its regulatory proposals, after plans to scrap the Financial Services Authority were thrown into confusion.
US investors ready to back second bond push
Towergate believes that there is a healthy appetite among US investors if it goes ahead with a bond issue in the near future. The consolidator postponed its original £665m placing last week, and will bide its time until the beginning of July to see if…
FSA corruption warning
The Financial Services Authority has warned of brokers exposure to corruption in its review of anti-bribery and corruption systems and controls.
Court leaves Zurich
Zurich's European general insurance chief executive officer and former Royal Bank of Scotland Insurance CEO Annette Court, pictured, is to leave the business "by mutual agreement to pursue other opportunities".
Amlin GWP rise
Amlin has reported gross written premium (before deduction of brokerage) rose 32.1% for the four months ended 30 April 2010 to £964.0m (30 April 2009: £729.7m).