News
CBG buys niche insurer
CBG has completed the acquisition of Barclay Brown Holdings for £1.45m. Barclay Brown's operational ...
Aon releases new risk map
An Aon report has found Turkey, Hungary, Romania and the Czech Republic are the emerging markets mos...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
Central MBO acclaimed by new management
Central Insurance Services has vowed to remain independent after its future was secured through a ma...
Broker takes swipe at larger rivals after deal
Oxygen Insurance Brokers has ramped up its involvement in new media by obtaining a professional inde...
Willis reveals new appointments
Willis has announced the appointments of Richard Colver and Martin Ralph to its UK and Ireland employee benefits practice.
New Marsh unit to advise companies eyeing China
Marsh has announced the launch of a London-based division of its China Global Client Services practice.
Ebay Motors reveals insurance link-up
Ebay Motors has announced a partnership with comparison website insurancewide in a bid to provide its visitors with a choice of car insurance options.
Aon Re Global Fac appoints head of strategy
Aon Re Global Fac has appointed Oliver Schofield as head of global strategy. Mr Schofield has also been appointed to the Aon Re Global Fac executive committee.
IIB accuses politicians of ‘fudging’ FOS remit
The Institute of Insurance Brokers has responded to the review being conducted by Lord Hunt into the Financial Ombudsman Service on public ‘awareness and accessibility’.
Report: Towergate buys PPI specialist
Towergate has bought specialist PPI broker Britishinsurance.com according to reports. A source close to Britishinsurance.com confirmed the sale.
Lloyd's insurer in African swoop
Lloyd's insurer Kiln has announced the acquisition of a South African underwriting agency, adding to its international network of marine cargo specialist businesses.
Berkshire Hathaway acquires 3% stake in Swiss Re
Swiss Re announced today that Berkshire Hathaway has acquired a 3% stake in the company. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway. The capital released as a result of this reinsurance contract will be used to buy back…
FSA outlines new TCF push
The Financial Services Authority's enhanced strategy for small firms will kick off in Northern Ireland in March with the first of a rolling programme of assessments that will cover 11 300 retail intermediaries in the next three years.
Intermediaries face increased regulatory costs
Intermediaries are facing increased regulatory costs as the Financial Services Authority (FSA) kicks off its enhanced strategy for smaller firms.
DAS wins out in £2m tender
Ecclesiastical has reappointed DAS Legal Expenses to provide services for its commercial and personal legal expenses policies in the UK and Ireland. The deal also encompasses Methodist Insurance and Ansvar Insurance.
Sciemus appoints space expert
Risk modelling and analysis firm Sciemus has appointed space specialist Dr Sima Adhya as senior technical officer.
Bermuda publishes risk-based capital roadmap
The Bermuda Monetary Authority (BMA) has published its first ever business plan, outlining the phased introduction of risk-based capital requirements to replace the current solvency margin regime, to be known as the Bermuda Solvency Capital Requirement …
Insurance cover for Nursing and Residential Care Homes set for growth, says Aspen
Aspen Insurance UK, a subsidiary of Aspen Insurance Holding, has issued a detailed report on the state of Nursing and Residential Care Homes in the UK.
Aggregators hit back as Biba calls for tougher regulation
The aggregator market has hit back at calls for tougher regulation of the aggregator market amid speculation the Financial Services Authority is considering taking a greater interest in the sector.
Leading independent broker in MBO
The future success of one of Scotland’s largest independent insurance brokers, Central Insurance Services Ltd, has been secured following a management buy out supported by The Royal Bank of Scotland. The sum involved has not been disclosed.
FSCS default declarations allows consumers to claim up to £48,000
Consumers can claim compensation of up to £48,000 if they have lost money as a result of their dealings with any one of 33 firms that the Financial Services Compensation Scheme (FSCS) has recently declared in default. FSCS is the UK’s statutory…
Aon gets new CEO
Aon has appointed Robert Brown as CEO of its corporate division.
Lower commercial risks of UKAS accredited labs recognised
Lloyd’s brokers, Howden, as created a policy to recongise the lower commercial risks posed by laboratories that hold UKAS-accreditation. Teaming up with Hiscox insurers, Howden has produced a new LABsure policy, and said it is the first broker to offer a…