News
IIB calls for FSCS review after 900% levy increase
The Institute of Insurance Brokers has presented research to the All Party Parliamentary Group on Insurance and Financial Services showing that brokers with an income of £500 000, £1m or £5m have seen their Financial Services Compensation Scheme fees…
Brightside trading update points towards future growth
The Brightside Group board of directors are confident of delivering “substantial growth” for the foreseeable future after announcing an 18% policy sales increase in the commercial insurance business.
Jonathan Swift elected co-ordinator of insurance’s APPG
At the annual general meeting of the All Party Parliamentary Group on Insurance and Financial Services, Jonathan Swift the group editor in chief of Post and sister title Insurance Age, was elected as the APPGIFS’ co-ordinator.
Tough Solicitors’ PI renewals predicted for 2011
Solicitors’ PI renewal rates could rise by 10% in 2011 for firms with no new claims and no significant change in circumstances.
Zurich Municipal feels Biba’s wrath over anti-broker marketing
The British Insurance Brokers’ Association (Biba) has hit out at Zurich over the content of a Zurich Municipal advert urging customers to “cut out the middle man”, Post’s sister title Insurance Age has revealed.
Lombard Risk Management expects revenues of £2m from Colline contract
Lombard Risk Management has entered into an agreement with fellow tier-one bank Société Générale for its Colline collateral management solution.
Axa Commercial Lines launches specialist proposition for chartered brokers
Axa Commercial Lines has launched an initiative to drive the professionalism agenda and recognise chartered brokers by developing a specialist proposition that will deliver a range of unique benefits.
Higos acquires Somerset broker
Higos Insurance Services has acquired Somerset-based Vaughan Insurance Brokers.
Towergate Scotland appoints two executives
Towergate Scotland has appointed two executives to its Edinburgh-based broking team.
Lombard Risk Management expects revenues of £2m from Colline contract
Lombard Risk Management has entered into an agreement with fellow tier-one bank Société Générale for its Colline collateral management solution.
RAA selects RDT
South Australian general insurer and motoring organisation Royal Automobile Association has chosen RDT’s software solution, Landscape, to power its insurance operation.
City of London Police to create £9m 35 strong insurance fraud team
The insurance industry has confirmed final plans to fund a multi-million pound City of London Police unit aimed at tackling insurance fraud.
Hiscox expects to hit £1bn in 2012 on Syndicate 33
Hiscox has said it envisages a 2012 capacity of £1bn for Syndicate 33, an increase of £100m from 2011.
Broker claims boss is promoted to the main board
Lark Group announces the appointment of Julie Whitehead to its main board.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Scheffel replaces Berger as Allianz corporate boss in London
Allianz Global Corporate & Specialty has confirmed new CEOs from within its existing management team for two of its most important regions with effect from October.
Plantec Holdings appoints new director of operations
Claims management specialist Plantec Holdings has appointed Paul Taylor as director of operations.
Snuko and Ingenin sign up to 'anti-theft' partnership
A strategic partnership between Snuko and Ingenin will result in anti-theft products being made available to all UK insurance policy holders.
Sferen posts first year losses of €4.8m
Sferen, the mutual group formed by Macif, Maif and Matmut at the end of 2009, has posted its first combined results, a loss of €4.8m.
French mutual Covéa adds new member
French mutual insurance group Covéa has confirmed Apgis is to join its group.
French mutual Covéa adds new member
French mutual insurance group Covéa has confirmed Apgis is to join its group.
Sferen posts first year losses of €4.8m
Sferen, the mutual group formed by Macif, Maif and Matmut at the end of 2009, has posted its first combined results, a loss of €4.8m.
Winners speak out from BIA 2011
Re-live the 2011 British Insurance Awards with this short video featuring many of the winners giving their responses to being acclaimed at the Royal Albert Hall.
CII names corporate development boss
The Chartered Insurance Institute has appointed Graeme Sutton as director of corporate development.