News
IRS purchase will see Lark surpass £26m of annual revenues
Lark Group has moved to boost its annual revenues to more than £26m with the acquisition of Suffolk-based commercial broker Insurance Risk Solutions.
Former RSA CEO Haste named Wonga chairman
Former RSA and Axa Sun Life chief executive Andy Haste has been appointed as chairman of payday lender Wonga with immediate effect.
Axa recruits three in Scottish agriculture growth drive
Axa has recruited a trio of underwriters as part of a bid to drive growth in North East Scotland, with a particular eye on the agricultural sector.
Triton Global promotes three to partner status
Legal services provider Triton Global has promoted three staff to the role of partner, effective 1 August.
DLG reportedly in ‘advanced talks’ over German and Italian disposals
Direct Line Group is in advanced negotiations over the sale of its operations in Germany and Italy according a report from Reuters.
RSA UK claims boss Pitt to replace Hannah as Esure COO in Q4
Esure has appointed RSA’s claims director for UK and Western Europe David Pitt as its chief operating officer.
Gallagher Insurance Solutions loses two senior execs
Two senior executives have left Gallagher Insurance Solutions to take on other commercial interests, broker Arthur J Gallagher has confirmed.
Zurich heralds 'quantum leap' following SME e-trading launch
Zurich commercial broker interim managing director Richard Coleman believes the launch of a broker-only SME digital trading platform puts his firm “way ahead of the competition”.
Unicorn launches Axa-backed property products
THB-owned underwriting agency Unicorn has launched two new UK property product in partnership with Axa.
Questgates unveils surveying division
Loss adjuster Questgates has today revealed a new surveying services division, bringing together operations in subsidence, third party property damage and valuation services.
Quindell forecasts 193% spike in pre-tax profits
Quindell has forecast pre-tax profits for H1 to almost triple on a year-on-year basis, ahead of a formal statement on results next month.
Supreme Court blocks Allianz RSA subrogation appeal
The UK Supreme Court has rejected a bid from Allianz to continue its legal battles with RSA over the cost of repairing vehicles.
Rental car manager fined for selling customer data to CMC
A former Enterprise Rent-A-Car branch manager has been prosecuted by the Information Commissioner's Office after stealing the records of nearly 2000 customers before selling them to a claims management company.
Coleman to head up Zurich commercial broker on interim basis
Zurich’s commercial broker business will be led by the insurer’s SME director Richard Coleman on an interim basis following the temporary promotion of David Smith to the role of UK general insurance chief executive.
FSCS to protect 'most' of Balva's individual and SME policyholders
The Financial Services Compensation Scheme has said it will step in to help policyholders of Latvian insurer Balva.
Hg Capital buys Lloyd's software provider Sequel
Private Equity firm Hg Capital has acquired Sequel Business Solutions, a software and services provider to the Lloyd's and London market, in partnership with the Sequel management team.
Money Supermarket predicts £122m H1 revenue
Aggegator Money Supermarket is predicting half year revenues to jump 9% ahead of the same period last year to £122m.
Aspen urges shareholders to reject ‘inadequate' Endurance proposals
Bermuda-based insurer Aspen is urging shareholders to reject continuing takeover advances from Endurance Specialty Holdings as it released preliminary Q2 results.
Footman James boss named Broker Network CEO
Towergate has appointed Footman James managing director Andy Fairchild as chief executive of Broker Network.
Trade bodies agree to further Flood Re exclusions talks
The Association of British Insurers and the British Insurance Brokers' Association have agreed to ongoing discussions around customers excluded from Flood Re.
Aggregators call for tougher measures on automatic renewals
Aggregators have welcomed the Association of British Insurers' proposals to improve clarity around policy renewals, announced today, but say the measures should be taken further to address insurers automatically renewing policies.
20th British Insurance Awards - your photos
Last night's 20th British Insurance Awards gathered the cream of the crop to celebrate the industry's successes
Smith talks up customer focus after winning BIA achievement award
The British Insurance Awards 2014 achievement award winner Barry Smith has underlined how good practice in supporting policyholders can improve customer confidence in the sector.
Ageas's Barry Smith wins BIA achievement award as 20th anniversary winners revealed
Post Magazine celebrated the 20th anniversary of the British Insurance Awards last night in a ceremony at the Royal Albert Hall, attended by 2000 members of the insurance industry.