News
Biba to create voluntary code of conduct following member vote
The British Insurance Brokers’ Association has taken the first step towards developing a voluntary code of conduct by re-establishing its working group.
Gallagher hires Clear boss Taylor as UK MGA sales director
Arthur J Gallagher has appointed Simon Taylor as sales director for its UK MGA division, a newly created role to span the 10 MGAs brought together under the Pen Underwriting brand.
Ex-RSA regional director Withers to head real estate at Covéa
Covéa Insurance has hired former RSA property investors unit regional director Chris Withers for the role of real estate leader.
Advisen founder Ruggieri to lead CGSC in North America
Cooper, Gay, Swett & Crawford has appointed Advisen founder Thomas Ruggieri as chief executive and president of its North American operations.
UK sharing economy tipped to hit £9bn by 2025 as Biba plans insurance guide
The British Insurance Brokers’ Association will create a guide for sharing companies and brokers by the end of this year in a bid to remove barriers to writing business in the sector.
Hong Kong Observatory issues T8 warning
Many businesses were closed across Hong Kong on Tuesday morning (16 September) with the Hong Kong Observatory keeping a typhoon eight warning in place.
QBE releases web portal for SMEs in Hong Kong and Singapore
QBE's insurance portal QBE Qnect will enable intermediaries in Singapore and Hong Kong to transact SME insurance online.
RSA completes sale of Polish Link 4 business
RSA has completed the sale of Link4 Towarzystwo Ubezpieczen Spolka Akcyjna, its business in Poland, to Powszechny Zaklad Ubezpieczen, after receiving formal regulatory approval.
Merseyside men jailed for attempted £500k fraud against LV
Two Merseyside men have been jailed for their part in a car crash scam designed to defraud more than £500 000 from LV.
Swinton Commercial merges Burton and Lichfield sites
Broker Swinton’s Burton and Lichfield commercial sites are merging in order to provide a single customer service platform, whilst remaining local and accessible to the company’s client base.
Insurance M&A heating up again after three-year slide
The volume of mergers and acquisitions in the insurance industry rose in the first half of 2014 for the first time since 2011, with 192 transactions worldwide compared to 162 in the same period a year ago.
UK expected to lead on Solvency II related disposals in 2015
The impact of the Solvency II directive has been attributed for an expected sixth year of growth in the European run-off market, according to PWC’s annual survey.
Be Wiser hopes to ‘shape industry’ as it signs up as a Biba member
Personal lines broker Be Wiser Insurance has joined the British Insurance Brokers’ Association.
Biba Scotland event to consider sector's future following ‘pivotal’ referendum
The implications of the result of the Scottish referendum for the insurance sector will be dissected in special sessions at the British Insurance Brokers' Association's Scotland Conference.
AIG makes two senior appointments in Asia-Pacific
Penny Seach has been promoted to head of casualty, Asia-Pacific (ex Japan) by AIG, and Robert Klepper has taken on the role of global property executive, Asia-Pacific.
RG Ford team kept in Chelmsford following Bluefin acquisition
Bluefin has acquired Chelmsford-based broker RG Ford Insurance Brokers for an undisclosed sum.
Novae names Chevereau as manager of Bermudian operation
Lloyd’s insurer Novae Group intends to launch operations as a group reinsurer of, and coverholder for, Syndicate 2007 at Lloyd’s in Bermuda.
Acturis teams up with Lorica as Open GI migrates out
Lorica Insurance Brokers has appointed Acturis to replace its existing back office administration systems, in a move that will result in branch migrations from the previous Open GI software.
Insurance NEDs to benefit from online information bank
The Worshipful Company of Insurers is seeking to tackle the rising demand for qualified non-executive directors in the insurance industry by launching a web-based information bank free to existing or potential NEDs.
Gibraltar to become broadened domicile option after publishing ILS guidelines
The Gibraltarian government has welcomed the publication of the insurance linked securities guidelines by Gibraltar's financial regulator the Financial Services Commission.
GAB CEO Rigby hails 2013 as 'watershed' after pension 'distraction'
GAB Robins chief executive Kieran Rigby has described 2013 as a “watershed” year for the business as it released its first financial results since its pension scheme was accepted into an assessment period for admission into the Pension Protection Fund.
Rehabilitation Awards 2014: The winners
Today, rehabilitation professionals gathered at Le Meridien, London, for the tenth annual Post Rehabilitation First Awards to celebrate their achievements over the past year.
MIB extends shifts to 3am to step up support for police
The Motor Insurers’ Bureau has extended the operational hours of its dedicated police helpline in a bid to step up the offensive against uninsured motorists and deliver better support for roads policing teams across the UK.
Pet Plan revamps friend referral scheme with Digital Animal partnership
Pet Plan has partnered with technology business Digital Animal on a social media marketing campaign to replace its manual "recommend-a-friend" scheme.