News
Power Place reinforces broker commitments with double hire
Power Place has added two regional broker account managers to its business development team in the form of Steve Lacey and Daniel Sandbrook.
Aspen appoints Richard Smart as underwriter
Aspen International Insurance has appointed Richard Smart as professional liability underwriter, based in London.
Brokers urged to snap up A-level students unsure on university
Insurance brokers have been advised to channel into a growing number of capable A-level students who are reticent to attend university by offering them a job straight from school.
BLM acquires cyber expert partner
Insurance law firm Berrymans Lace Mawer has appointed Nick Gibbons as a partner in its technology, media and telecommunications practice.
Wesleyan strengthens dental market presence with Practice Plan take-over
Wesleyan Assurance Society has acquired the Practice Plan Group from private equity firm Dunedin.
Brodies makes Matheson partner of insurance and risk division
Professional negligence specialist Alisdair Matheson has been assumed as a partner within the insurance and risk division of Brodies.
Zurich sees UK premiums fall £20m in H1
Zurich's UK general insurance business posted gross written premiums of £826m for the first half of 2013, a 2.4% decrease from the £846m reported in the first half of 2012.
Touchstone unveils online broker service with Websure
London managing general agent Touchstone Underwriting is to launch an online service for specialist brokers, in collaboration with Websure.
AIA strikes deal to become Spurs' cup shirt sponsor
Pan-Asian insurance company AIA Group has entered into an agreement to become English Premier League football club Tottenham Hotspur’s cup shirt sponsor for the forthcoming season.
Hill Dickinson recruits Keoghs’ Gatzouris for fraud unit
Hill Dickinson has appointed Keoghs fraud specialist Stratos Gatzouris to its fraud unit management team.
New senior fleet underwriter for Xbroker
Moorhouse subsidiary Xbroker has appointed David Grimsey as senior fleet underwriter.
Sterling appoints Scotland regional manager
Gerard Hamilton has been appointed Scotland regional development manager at Sterling Insurance.
AIA sponsors Tottenham Hotspur for Cup competitions
AIA has agreed to sponsor London-based Premiership football team Tottenham Hotspur for the Europa League, FA Cup and League Cup competitions.
Zurich's GI profits and premiums grow in Asia-Pacific
In general insurance, business operating profit at Zurich's Asia-Pacific's operations increased from $101m in the first half of 2012 to $141m in the first half of 2013.
Zurich's results hit by floods in Europe
Zurich has reported a business operating profit of $2.3bn for the first half of the year (till 30 June), down 9% over the same period in 2012, and a net income attributable to shareholders of $1.9bn, down 17%.
PMI players to roll out extended cover as NHS standards slip
Private medical insurers have vowed to take advantage of declining confidence in the National Health Service by extending their cover, offering higher payouts and providing more innovation.
Strong growth for Singapore's life sector
Singapore's life sector grew very strongly in the first half of 2013.
THB strengthens Portuguese team with Ricardo Borges’ return
Former THB employee Ricardo Borges is returning to the company to take up a director role based in the European Division’s Amsterdam office.
FSB launches consultation on resolution regimes for insurers
The Financial Stability Board today launched a public consultation on the application of the Key Attributes of effective resolution regimes for non bank institutions.
Axa concedes ahead of third Autofocus retrial
Axa has reached a settlement with credit hire firm Accident Exchange on a retrial on credit hire rates just hours before it was due to appear in court in Manchester.
Higos hires UK General's schemes sales manager
Higos Insurance Services has bolstered its its team with the appointment of Ralph Hann as schemes manager.
Insurecom acquired by Applied Systems
UK-based insurance software provider Insurecom has been acquired by Applied Systems for an undisclosed fee.
SME flood cover in doubt as Biba battles for its inclusion in Flood Re
Industry-backed affordable flood insurance was never intended to cover small businesses, according to the Association of British Insurers.
Willis weeks away from major deals with London market insurers
Plans by Willis to launch a scheme similar in structure to the deal that saw Aon team up with Berkshire Hathaway come amid criticism of such arrangements.