Post - 09-03-2011 (09-03-2011)

Editor’s comment: two new faces to watch

With Google this week snapping up beat that Quote for a little under £40m, and web design firm Vast Visibility simultaneously buying two specialist bike and van price comparison sites, aggregators are very much the insurance ‘buy du jour’.

Penny Black’s insurance week

Penny was fortunate to be sunning herself in southern Spain earlier this week. With only a mild case of sunburn to attend to, she was shocked to hear one of her insurer pals had experienced a rather more unfortunate injury on his holiday.

New ABI DG to focus on consumer issues

The Association of British Insurers’ new director general has pledged to put consumer issues across general insurance and life & pensions at the centre of the organisation’s strategy.

Aon hires staff after defection

Aon has made of raft of senior hires to its UK professions team, after several members of its previous team defected to rival broker Jardine Lloyd Thompson last year.

EC plans to standardise tax

The European Council’s proposals to standardise taxes across member states could mean fewer insurance companies look to redomicile to countries such as Ireland.

LMIE aims for slice of mid-corp market

Liberty Mutual insurance Europe is targeting rivals Ace and Chubb for a larger slice of the mid-corporate market - a sector it believes will act as a “springboard” into the wider UK market.

Chartis web app launches

Chartis has launched a web app for two of its SME products, so brokers can obtain speculative or last-minute quotes while on the move.

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