News
Oval acquires major niche broker
According to a senior market source broking consolidator the Oval group has acquired FMW Risk Services...more to follow. This story was confirmed later in the day: go to Oval confirms FMW scoop - Blanc to become regional boss for the updated and full…
Former Brit CEO set to retire
Brit Insurance has announced that non-executive director, Neil Eckert will be retiring at the company’s next AGM in May this year.
Broker, aggregator link-up using Open GI
Kwik-Fit owned Express Insurance, and Gocompare.com have gone live with Open GI’s new fully hosted E-aggregator solution
Insurer outlines Irish growth plans
Canopius today announced its intention to establish a business unit in Dublin – Canopius Ireland. The launch of the new unit, which will be later in 2008, is subject to necessary regulatory consents.
Towergate acquires internet-based firm
Towergate has acquired Insurance 4 Car Hire Agents, an internet based insurance agency providing specialist insurance products for the car rental market.
Towergate acquire online insurance agency
Towergate Partnership has acquired Insurance 4 Car Hire Agents (I4CH), an internet-based insurance agency providing specialist insurance products for the car rental market. I4CH will form part of Towergate’s Retail Division headed by Amanda Blanc.
Broker adviser loses trading permission
The Financial Services and Markets Tribunal has upheld an Financial Services Authority decision last year to cancel the permission of mortgage and insurance broker adviser Qamar Hussain to carry out regulated activities.
Broker deal collapse: PWS response
PWS has issued a statement following THB's announcement earlier this day that both firms have ceased merger talks.
Biba launches first ever manifesto
The British Insurance Brokers’ Association today published its first-ever Manifesto, highlighting its key campaigning issues for the next 12 months.
Biba recruits new member
The British Insurance Brokers’ Association has announced that Tokio Marine Europe Insurance has joined the organisation as an associate member.
Tribunal upholds FSA decision to shut down adviser
The Financial Services and Markets Tribunal has upheld an Financial Services Authority (FSA) decision last year to cancel the permission of mortgage and insurance broker adviser Qamar Hussain (trading as Radiant Technological Services) to carry out…
THB's acquisition of PWS fails
THB announced it has terminated discussions with the board of PWS for the acquisition by THB of the Lloyd’s broking business of PWS International and overseas interests of the PWS group.
UK gets its Batchelor back
David Batchelor will succeed Alex Moczarski as chief executive officer of Marsh’s operations in Europe, the Middle East and Africa, Marsh has announced.
AIG cancels Concord Re sidecar
AIG has cancelled Concord Re, the $730m class-3 Bermuda sidecar reinsurer it set up in August 2006 to write a collateralised property quota share reinsurance treaty with its specialty subsidiary Lexington Insurance.
Prime Professions reveals new appointment
Professional indemnity broker Prime Professions has appointed Karen Mansfield to the role of associate director.
GAB wins Countrywide deal
GAB Robins has been appointed by specialist fleet management company, Countrywide Accident Assistance to operate a property claims investigation service.
UK on flood alert as EA issues 20 flood warnings
The Environment Agency has issued 20 flood warning as of 9:00am this morning as torrential rain lashed down across the country. 111 further places were on flood watch.
CII in Middle East tie up
The Chartered Insurance Institute and JWZ Insurance Solutions, a newly-formed insurance training and educational consultancy firm, have announced a strategic partnership for the Middle East, under the brand name CII Saudi Arabia.
Adjusting body warns insurers over fees
The Chartered Institute of Loss Adjusters has warned that its members will struggle to maintain service levels during widescale claims events unless there is a review of how firms are paid.
Groupama Healthcare enhances Sante product
Groupama Healthcare has made enhancements to its private medical insurance product, Santé by Groupama Healthcare.
Primary readies for D&O and PI push with appointment
Primary General has been apointed Jonathan Drew to take responsibility for its soon to be released professional indemnity and directors' and officers' products.
Insurer outlines plans for fine art push with XL underwriter swoop
Specialist insurer Ecclesiastical has appointed Clare Pardy as fine art underwriting manager.
CII sees membership boost
The Chartered Insurance Institute has announced its best year for membership growth since 1935.
NU's Deakin hails latest broker success
Norwich Union has acclaimed its new broker initaitive a success.