Personal
PE firm outlines Esure MBO involvement
Electra Partners has issued a statement regarding its £30m investment in Peter Wood’s buyout of Esure from Lloyds Banking Group.
Allianz steps up consumer intelligence
Allianz has selected Callcredit Marketing Solutions as its data supplier, to support its long-term pricing and marketing strategy following a tender.
Lloyds sells Esure stake to founder Peter Wood for £185m
Lloyds Banking Group has sold its 70% stake in esure, the online insurer, to a management buyout vehicle to be called Esure Group Holdings, led by Esure chairman Peter Wood, for a cash consideration slightly in excess of book value in the Lloyds Banking…
Select & Protect extends Tenet deal
Select & Protect has broadened its relationship with the Tenet Group by partnering with Tenet Supports Services and Premier Partnership to offer members its full range of general insurance products.
Seel named pet committee chairman
David Seel, managing director of Capita Insurance's pet insurance arm Thornside has been appointed chairman of the Association of British Insurers’ Pet Insurance Committee.
GMAC confirms motor insurer Provident is up for sale
Staff at the Halifax-based insurer were briefed on the sale on 4 February by senior management.
Mergers & Acquisitions- Insurers: Coming back up
After a downturn in 2009, insurer merger and acquisition activity looks set to make a resurgence in the coming year. Amy Ellis reports.
Claims Club: IDSL issues stark warning over RTA claims process
Claimant lawyers flouting the new process for low value road traffic injury claims will be reprimanded and their details passed to the Ministry of Justice.
Barbon signs £1m SSP deal
SSP has signed a £1m deal with Barbon for it to become the software provider for the broker's new personal lines venture Avenue Insurance Services.
Former Junction boss takes new Capita role
The former head of business development at broker Junction has joined Capita to focus on winning new business across the group's insurance business.
Zurich sees COR rise past break-even point
Zurich aims to reduce the combined operating ratio in its UK general insurance business in 2010 after it deteriorated beyond the break-even point due to rising expenses.
CHO management buys it back from PwC
The Car Crash Line Group has been brought out of administration by its management team and outside investors, Post has learnt.
Litcomp agrees sale
Litcomp agreed the sale of the company to Torridon on Monday, following news that Torridon's £5.48m offer for Litcomp was unconditional last month.
Case provides welcome relief for schools
Educational establishments have avoided potentially "huge and costly" ramifications after the case of Henry Webster (& others) v The Ridgeway School was successfully defended, according to the law firm and insurer involved.
Money Supermarket relaunches motor site
Price comparison website Money Supermarket is due to unveil its new motor insurance comparison site today. It marks the first major overhaul of its offering since it entered the sector in 2003.
CHO acts to defuse backlash over malpractice promoting e-mail
Drive Assist has moved to reassure insurers after an internal e-mail encouraging malpractice within the credit hire operator was sent anonymously to the Association of British Insurers.
IAG linked with Provident as GMAC quits UK motor
GMAC has confirmed it is to sell motor insurer Provident after a comprehensive review of its insurance operations, Post has learnt.
Admiral offers 'Clarity' to Italian market
Admiral Group has launched a price comparison site in Italy under the name of Chiarezza.it, meaning 'clarity'.
Government backs EL database
The government has proposed setting up an employers' liability tracing office to help people claim compensation who have serious industrial diseases and who cannot trace their employers' insurance records.
PMI group strikes newspaper deal
Readers of The Telegraph will be offered advice and products through a new partnership between the newspaper group and The Private Health Partnership.
PMI group strikes newspaper deal
Readers of The Telegraph will be offered advice and products through a new partnership between the newspaper group and The Private Health Partnership.
Bupa reveals increase in new business of almost a quarter
Health insurer Bupa has seen new business applications increase by 24% in 2009.