News
Axa to grow PI share to £25m through regional underwriting
Axa has begun recruiting specialist regional underwriters as part of plans to grow its professional indemnity book to £25m.
Avantia completes £57m MBO for 'aggressive' growth plans
Online property insurer Avantia has completed a £57m management buy-out backed by private equity firm ECI Partners.
Markel launches online collectors policy
Markel UK has launched an art and collectables product which will be available through its online broker trading platform.
Bluefin grows sports, commercial units with double purchase
Bluefin has swooped for two brokers, adding to its sports and commercial divisions.
Chase Templeton acquires Health Assist
Medical insurance specialist Chase Templeton has purchased Kenilworth-based business Health Assist.
Hiscox inks Xchanging fees management contract
Hiscox is targeting improved fee turnaround with a deal that will see Xchanging provide management information.
Biba demands clarity on fair representation rules
Responding to the Insurance Contract Law consultation, The British Insurance Brokers’ Association has warned that brokers may face additional requirements on accuracy of customer data.
David Oliver unveils personal accident portal
Underwriting agency David Oliver Associates has launched a new personal accident and sickness facility for brokers.
Equity activates Quindell Challenger tools
Motor insurer Equity has this week activated new tools from Quindell focusing on claims, policies and management intelligence.
Helvetia posts 9.2% increase in profit after tax
Swiss insurer Helvetia Group increased its profit after tax by 9.2% to CHF 363.8m in the 2013 financial year.
Mi rebrands as Open GI London
Open GI sister company Mi has rebranded to become Open GI London.
Gallagher agrees two-year sponsorship deal with Richmond FC
International broker Arthur J Gallagher has agreed a two-year partnership with community rugby club Richmond as part of its plan to become the UK’s retail broking brand of choice.
Aon Benfield's Galizia to lead Latin America region
Aon Benfield has promoted Alejandro Galizia to chief executive officer for the Latin America region.
Co-op Insurance to offer help for flood victims
Co-operative Insurance has launched a package of measures to help customers that have been impacted by the recent floods including advice on home repairs.
Access BI likely to lose regulatory approvals next week
Specialist managing general agent Access BI is likely to see its regulatory permissions revoked after Post’s sister title Insurance Age revealed it was under regulatory investigation.
RSA Ireland recruits CEO from rival Zurich
Zurich’s Irish chief executive Ken Norgrove is to move to RSA from June after being appointed to replace former Ireland CEO Philip Smith.
Incisive Media appoints Phil Davison as insurance group publishing director
Incisive Media, publisher of Post has named Phil Davison, as group publishing director of its insurance division.
Catlin to vote in two NEDs as Carnegie-Brown retires
Claus-Michael Dill and Beatrice Hollond are to stand for election as non-executive directors on the Catlin board as Bruce Carnegie-Brown is set to retire.
Capita appoints Grint as corporate CEO
Capita Insurance Services has appointed Colin Grint as chief executive of its corporate insurance business.
Catton resigns as DLG director
Mark Catton has resigned as a none-executive director of Direct Line Group with effect from today.
Cigna hires Stevenson as CEO
Cigna Insurance Services Europe has appointed Susan Stevenson as its chief executive.
Brightside extends Asda partnership
Brightside has extended its partnership with Asda to provide car and commercial vehicle insurance for a further three years.
Health department rejects independent midwives insurance plan
The Department of Health has decided that funding insurance for members of Independent Midwives UK will not give patients protection.
Clyde & Co advises Whittington Group on sale of Direct Asia
International law firm Clyde & Co advised investment firm Whittington Group on the sale of Direct Asia to Hiscox.