News
Reinsurance rates decline at June Florida renewals
According to a report by reinsurance broker Guy Carpenter, Florida renewal rates have declined by 10-12% at renewal.
Bluefin completes Gilbert Insurance Brokers purchase
Insurance broker Bluefin has announced the acquisition of St Albans-based intermediary Gilbert Insurance Brokers.
Simply Biz appoints MDs
Simply Biz PLC has made Matt Timmins & Neil Stevens Joint managing directors of the Simply Biz Group.
Prudential AIA bid collapses
Prudential’s bid to acquire AIG’s Asian arm, AIA, has collapsed in the early hours of this morning, according to reports.
IAG pumps $365m into UK reserves after claims deterioration
IAG has ploughed $365m (£207m) into its UK claims reserves following a “significant deterioration” in UK claims experience.
PwC: 2010 M&A “hot beds” starting to emerge
The first quarter of 2010 has been “unremarkable” for European financial services activity but “hot beds” of activity are starting to emerge, PricewaterhouseCoopers has claimed.
Aviva appoints new Romania chief
Aviva has appointed Mihai Popescu as chief executive of Aviva Romania.
Career development & CSR news: Working together to beat the recession
Recent figures indicate that the UK economy grew between February and April this year. It seems almost too good to be true to think that, after 18 months of economic crisis, the tide may be turning for UK businesses.
Career development & CSR news: Kwik Fit four bike challenge
Four leather-clad Kwik Fit Insurance employees are taking part in a 1600-mile sponsored motorbike ride, around the coast of Scotland, in a bid to raise thousands of pounds for a much-needed cardiac ultrasound machine at The Royal Hospital for Sick…
Career development & CSR news: Towergate raises £350 000 to train Childline counsellors
More than 223 volunteer counsellors will be recruited and trained across the UK, helping more than 50 000 children in danger and distress, thanks to £350 000 raised for Childline by Towergate.
Career development & CSR news: Zurich staff set to take on 192 charity challenges
Zurich Financial Services' 7000 UK employees are gearing up to take on 192 separate community challenges as the firm celebrates the 21st year of its annual volunteering event.
World Cup triggers injury debate
The upcoming football World Cup is likely to reignite the debate over who should cover players injured as a consequence of taking part in the tournament.
Adjuster in sports pilot
Intersport Insurance Services has agreed a six-month pilot scheme for its commercial sports equipment validation service with a "top three loss adjuster".
MGA staff offered new roles in outsourcing deal
Five UK General staff are set to be affected after the underwriting agency signed an outsourcing agreement with Direct Group.
Katla eruption threat
Experts from the newly formed UCL Institute for Risk & Disaster Reduction have warned that with the high frequency of eruptions of Icelandic volcano Katla, an eruption in the short-term is a strong possibility.
Hurricane warning
The National Oceanic and Atmospheric Administration has predicted "one of the most active [hurricane] seasons on record."
North of the Border: opening the floodgates
In the case of Maureen Flood v University Court of the University of Glasgow, Ms Flood, a university lecturer, claimed damages from her employer for depression caused by workplace stress.
Conference research reveals importance of legal cover for SMEs
Less than 25% of small businesses are likely to have sufficient funds to cover the cost of a legal dispute, according to research conducted by First Assist Legal Protection at the recent British Insurers' Brokers Association conference.
Invicta buys four more books as spending spree continues
Invicta Insurance Services has made four further acquisitions, following its swoops for Williams Insurance Services and Lowe Insurance earlier this year.
Heath Lambert appoints Darby in new Manchester move
Heath Lambert has appointed Robin Darby as the head of its Manchester operation.
Biba kicks off lobbying with Treasury meeting
British Insurance Brokers' Association chief executive Eric Galbraith has voiced his concerns over the latest wording of the Bribery Act 2010, warning the new government it must learn from its predecessor's handling of the insurance premium tax issue.
Kwik Fit seeks proof
Kwik Fit Insurance has signed a contract with conversion management expert Maxymiser, to improve online customer engagement and provide scientific proof of winning web content.