Insurer
Axa confirms Swiftcover buy
AXA UK announced today that it is to acquire the UK’s only 100% online insurer, swiftcover.com, jointly owned by international insurer Primary Group and Swiftcover’s management. The transaction is subject to the satisfaction or waiver of certain…
Axa linked with Swiftcover acquisition
Axa Insurance is understood to be making a return to the direct personal market, buying online motor insurer Swiftcover in a surprise deal.
White appointed to Deputy chair at Lloyd's
The boss of Lloyd's names' agency Argenta has been appointed deputy chairman of Lloyd's to replace Bronek Masojada. Graham White, executive director of Argenta Private Capital was appointed today, following the end of the Hiscox chief executive's term of…
Aon acquires Footman James
Broking giant Aon has announced that it has completed the acquisition of Footman James from Alchemy Partners Limited. The terms of the transaction are not disclosed.
Willis UK boss steps down
Willis has announced the retirement of Richard Bucknall, vice chairman of the group and chairman and CEO of Willis' UK business unit. He will step down on 31 March and will continue in an advisory role through the end of the year.
Indie hearing: Bright and Condon face the camera
Micheal John Bright, former company chairman and managing director of Independent Insurance and Philip John Condon, former deputy managing director, were filmed as they entered Southwark Crown Court for this week's preparatory hearing.
Mahoney off to Bermuda
Broking giant Aon has announced the creation of a new business unit to be called Aon Global. Dennis Mahoney will assume the role of chairman for Aon Global, while Steve McGill will be the new unit’s chief executive.
Broking boss throws down gauntlet
An international broking boss has challenged the industry to aim higher.
Regional broking powerhouses to merge after Axa swoop
Axa UK has reached agreement with insurance brokers Stuart Alexander and Layton Blackham to acquire both businesses. Axa UK will be acquiring both firms through its subsidiary Venture Preference which already owned 38.9% of Layton Blackham.
Ace brands to remain distinct despite merger
Ace European Group has combined its Global Markets and European divisions to be known as Ace UK.
MPs call for graduated driving licence
An early day motion has been tabled at the House of Commons calling for a graduated driving licence scheme in a bid to reduce deaths on the road.
Zurich decides on Endsleigh future
Zurich today announced today the signing of an agreement for the purchase of all remaining shares in the broker Endsleigh.
Groupama wins race to acquire Carole Nash
Groupama UK has confirmed that it has today completed the purchase of the share capital of Carole Nash Insurance Consultants Limited for an undisclosed sum. The acquisition has received formal regulatory approval from the FSA.
Hiscox opens Manchester office
Hiscox has announced the next stage of its UK expansion plan with the opening of a new office in Manchester.
Lark acquires Lloyd's broker
Lark Group have today announced the purchase of Somerville Insurance Services, a Lloyd’s broker based in the City and Sudbury, Suffolk.
UKGI receives accreditation
UKGI has received continuing professional development accreditation from the Chartered Insurance Ins...
Broker makes first acquisition since 1957
K Drewe Insurance Brokers has made its first acquisition in its fiftieth year of trading.
Jelf buys in Plymouth
Bristol-based the Jelf Group has acquired independent commercial insurance brokerage Haines Wallace. The deal is expected to add £4.5m to the group’s premium income.