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Matanle to head up Lloyd's broker
Specialist broker THB Group has appointed Steve Matanle as its new chief executive for its London-based Lloyd's broking operation Thompson Heath & Bond Limited.
2008 sees 51% increase in trade credit claims
The Association of British Insurers (ABI) released figured showing that the number of trade credit insurance claims rose to 8,366 in the fourth quarter of 2008, an increase of nearly 3,000 claims (51%) from the same period of the previous year.
Arag grows market presence with acquisition
Legal services provider Arag has acquired Capita Assistance's family and commercial legal expenses business portfolio.
Hiscox in Lloyd's restructure
Following a restructuring of its Group organisation, Hiscox's Lloyd's operation will focus solely on the London Market.
Allianz Commercial secures SME deal
Allianz Commercial has secured a three year deal with insurance broker, R A Cowen & Partners, as the principal provider for their SME book of business.
Allianz reports Q1 rise in fraudulent claims
Allianz Insurance says it has seen a steep first quarter rise in detected insurance fraud claims compared to the same period last year.
PB Week: Jury service, swimming in the sea and some great football
Andrew Tjaardstra, editor, Professional Broking
QBE raids Brit to grow property underwriting team
QBE has appointed Mark Beattie to its London property underwriting team.
New trade body for insurance professionals aims to fill market gap
A new trade body for independent insurance professionals has requested feedback from potential members to determine whether another professional body will be viable in the market.
PB Week: A guest blog from Tim Ryan, managing director of the Ryan Insurance Group.
Tim Ryan, managing director, Ryan Insurance Group.
Insurer makes Irish swoop
RSA Insurance has acquired Benchmark Underwriting in Ireland which provides household and commercial insurance products.
Axa reshuffles commercial business
Axa has embarked upon a shake up of the leadership of its broker-facing commercial business.
Midlands expansion for Brit
Brit Insurance has expanded its Birmingham team with the appointments of Edward Hanson as professional risks underwriter and Gary Suffolk as commercial combined underwriter.
Biba says brokers must prove value in current economy
Brokers will need to enhance their efforts to demonstrate the value of their services to small businesses, particularly during the recession, the British Insurance Brokers' Association (Biba) has said.
Loss adjuster makes key senior management changes
Crawford & Company UK has appointed Mike Woolston to its UK executive committee.
Aon launches insurance evaluation service for SMEs
Aon has launched a new service for small to medium-sized enterprises (SMEs), offering free assessment and advice to help ensure their health insurance programmes are in line with potential risks posed by the economic climate.
NU apologises for conflicting messages
Norwich Union's (NU) insurance chief has apologised for "conflicting messages" over job cuts.
PMI sector threatened by inaccurate pricing
A drop in rates on private medical insurance (PMI) policies could threaten the long-term future of the sector, Groupama Healthcare has said.
Fortis and Heath Lambert partner with POFS on SME proposition
Fortis Insurance UK has partnered with Heath Lambert to deliver a five-year commercial small to medium-sized enterprise (SME) deal with Post Office Financial Services (POFS).
Fortis Insurance UK reports £76m profit for 2008
Fortis Insurance UK has reported £76m in non-life profits before tax and interest for 2008. This is compared with £30m in 2007, which was impacted by floods, and £77m in 2006.
Insurance Age On Air news review
Martin Friel, deputy editor of Insurance Age, talks about the FSA's move away from principles-based regulation and the potential implications for brokers and the impact of Moneyextra.com's new aggregator software that could yet pose a further significant…
CIS profits fall £58.7m in 2008
Co-operative Insurance Services' (CIS) profits have dropped to £8.4m for 2008, down £58.7m from the previous year. CIS has attributed a significant portion of this decline to investment losses of £26m.
Crimestoppers tackles in-house crime
Crime-fighting charity Crimestoppers is tackling in-house corporate crime with the launch of its Int...
Staysure to launch new brands online
Travel insurance specialist Staysure is set to launch new motor and home insurance brands online in ...