Personal
What the papers said this week
Boston Globe An insurance agent beat out 122 others to win Florida's annual 'Papa Hemingway' lo...
Swinton outlines £1bn income plan
High-street broker Swinton Group plans to raise its sights in order to break the £1bn premium income...
Appointment at BGL Group
BGL Group has announced the promotions to director of Tom Cooper and Will Price. Mr Price has held a...
Erinaceous shares up as it confirms talks continue
Erinaceous Group has confirmed it remains in takeover talks ahead of its Annual General Meeting today. However, the company has yet to name any prospective bidders. The property and boking group has seen its share price rise 18 pence today to 235 pence…
Fitch: Floods to have limited rating impact on insurers
Fitch Ratings said today that the total cost to insurers of recent flooding in the UK could exceed £3bn. However, Fitch expects the flooding to have a limited rating impact on UK insurers.
ABI warns government over housing plans
New housing developments must be built away from flood - prone areas to ensure that flood insurance continues to remain widely available and competitively priced, the Association of British Insurers has warned.
JLT claims Bermudian market leadership with buy
Jardine Lloyd Thompson (JLT) says it expects to place over $400 million of premium in the Bermudan market each year after completing the acquisition of insurer Park Ltd.
Marsh hires four in mid-market drive
Marsh has unveiled a quartet of senior sales appointments aimed at increasing its presence in the mid-market sector within the City of London.
Smart & Cook acquires Yorkits' BA Insurance Group
Smart & Cook has acquired the BA Insurance Group based in Yorkits, its 53rd acquisition to date.
Capita CMGL forms Syndicate 5500
CMGL Syndicate Management, a Capita Group subsidiary company, announced that it has formed a new Lloyd’s syndicate, Syndicate 5500, backed by CarVal Investors.
Government launches new anti-drink drive campaign
Transport Secretary Ruth Kelly launched today a new £3M anti-drink drive campaign.
Minister warns flood victims against third party recoveries
Floods Recovery Minister John Healey today urged people in flood-hit communities to seek free and impartial insurance advice before signing up with third parties who offer to help settle insurance claims.
City of Glasgow is a target for expansion
Glasgow's International Financial Services District expects the city to be short-listed by more fore...
Insurers rocked by flood theft
Insurers and repairers moved quickly to minimise reputational damage this week after three repairers...
Water torture
Floods
Axa denies policy shift following ASHE settlement
Axa has denied that its decision to settle a multi-million pound claim linked to an index that may c...
GHL full-cycle EDI venture
GHL Insurance Services UK will develop a full-cycle EDI private motor product for the brokers of ins...
Accident Exchange growth
Prestige credit hire firm Accident Exchange has reported a 90% increase in revenue to £116.9m and ad...
Appointment at Markerstudy
The Markerstudy group has appointed Peter Smith as schemes underwriting manager. As a former head of...
Insurer loses settlement
Direct Line will foot the bill after a South-west legal firm obtained a settlement of more than £1m ...
Appointment at Sterling
David Sweeney has joined Sterling Insurance as director and head of the firm's personal lines divisi...
Switnon acquire Rockford Insurance Brokers
Swinton Group acquired commercial insurance broker Rockford Insurance Brokers. The deal will increase Swinton's B2B offering and will complement the work of its existing commercial arm, Swinton Business.
Swinton buys £15m premium income Rockford Insurance Brokers
Swinton Group has announced the acquisition of commercial insurance broker Rockford Insurance Brokers Limited. The group said the deal will substantially increase its business to business offering and will complement the work of its existing commercial…
Willis Re unveils fleet accident research
Willis Re today issued new research on at-work motor vehicle accidents, which it said is a significant and common concern among carriers insuring the Workers’ Compensation class of business.