News
Fusion partners with Tokio Marine Kiln in £150m deal
Fusion has revealed a £150m capacity deal with Tokio Marine Kiln.
MIB claims database 'can be used at the point of quote'
A database of recorded claims commonly used to catch fraudsters can be used at the point of quote, the Motor Insurers' Bureau said.
Zurich replaces Sharma with Tulsi Naidu as UK CEO
Zurich has appointed Tulsi Naidu as CEO of its UK business, replacing Vibhu Sharma.
Gable shareholders to meet to determine company’s future
A meeting will take place this afternoon to give Gable shareholders a final opportunity to inject fresh capital into the business.
SSP says recent outage ‘no way related’ to original service fault
SSP said the outage that affected brokers yesterday has nothing to do with the original problem that affected the Solihull data centre.
Allianz sees drop in operating profit due to high catastrophe claims
Allianz has experienced a drop in operating profit in its property and casualty business due to a high number of catastrophe claims.
Chubb bolsters Singapore senior team
Global insurer Chubb has made several senior appointments in Singapore.
SSP brokers face new service outage as confidence hits 'rock bottom'
Brokers using SSP Pure are facing new woes after the platform went offline this morning after just a month of normal service.
Zurich UK reports 44% profit following restructure
Zurich’s UK general insurance division saw business operating profit rise by 44.5% in the third quarter of 2016, despite an 8% drop in gross written premiums.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Gallagher to provide broking services to the university of Manchester
Arthur J Gallagher has been granted the approval to provide insurance broking services to the University of Manchester on an exclusive basis.
Zurich's Q3 global profits bounce back to $1.2bn
Global insurer Zurich registered 2016 third quarter operating profits of $1.2bn compared with $256m in Q3 2015.
Munich Re's Q3 profits rise 31%
Reinsurance giant Munich Re has seen its profits climb 31% in the third quarter of 2016 compared with the same period last year.
Brokers welcome Crawford's Gallagher appointment
Brokers have welcomed the news of Charles Crawford’s appointment to UK operations director at Gallagher.
Croydon tram crash could be worst in British history
A tram that derailed leaving seven dead and 50 injured is being described by the industry as the worst light rail accident in British history.
Esure on track for full year growth says CEO
Top-line growth remains on track for the full year following continued growth in Q3 says Esure CEO Stuart Vann.
MoJ whiplash reform plans could come 'within days'
The Ministry of Justice could outline its plans to tackle whiplash ‘within the next 10 days’, a senior Medco source has told Post.
Medco suspends 134 'shell' companies
As many as 134 ‘shell’ companies have been suspended from the Medco system following the implementation of revised qualifying criteria.
Bluefin continues acquisition spree with Northern Alliance
Bluefin has continued its string of acquisitions this year with the capture of West Yorkshire-based Northern Alliance Brokers.
Gallagher names Charles Crawford as UK operations director
Arthur J Gallagher has appointed Charles Crawford as UK operations director, subject to regulatory approval.
Esure reports 15.9% rise in Q3 gross written premiums
Esure Group has reported a 15.9% rise in gross written premiums for the first nine months of 2016.
UK insurers likely to be impacted if Trump triumphs as stock market faces a ‘battering’
The UK stock market is likely to take a “battering” tomorrow if US presidential hopeful Donald Trump wins the election and UK insurers will not be immune to the fallout.
JLT Group reports 'resilient' performance in its interim results
JLT Group has reported a "resilient" performance of its risk and insurance businesses, in its interim results for 2016, despite pricing pressures in multiple markets caused by global economic uncertainty.
LA Fitness owner offers to buy remaining shares in Towergate
The private equity firm which bought 17.9% of Towergate has issued an offer to buy all remaining shares in the company.