Articles by Insurance Age staff
MMA appoints trading manager
MMA Insurance has appointed Chris Withers as its new trading manager with responsibility for developing trading opportunities with key intermediary partners.
LV records £200m loss
LV has reported a sharp increase in operating profit, but in line with many other insurers, investment losses have dragged the results down.
Insurance Age on-air news review
Jessica Pothering sums up this week's broking news headlines, which included: Total being found 100%...
Zenith appoints new CEO
Peter Austin has been appointed Zenith Insurance's new CEO by Jeff Mack, group CEO for Guardian Holdings (GHL), Zenith's parent company. His appointment will be effective starting in April.
MMA announces roadshow dates
Broker insurer MMA Insurance is finalising its first national road shows for brokers, beginning in North East England this May.
Patrick Smith to step down as Swinton CEO
Swinton's current deputy chief executive Peter Halpin will take as over the chief executive role from Patrick Smith, who is to remain on the board as chairman.
Bluefin confirms "unfair dismissal" verdict in Dunno case
Bluefin Insurance Services has confirmed that the London Central employment tribunal found that the case brought by Adrian Donno resulted in an unfair dismissal.
NU warns of property underinsurance
Property owners are putting themselves at risk of facing huge costs by not insuring their properties to the full reinstatement value, Norwich Union (NU) has warned
AMII makes changes to executive committee
The Association of Medical Insurance Intermediaries (AMII) has made changes to its executive committee at its annual general meeting.
LIU moves into IFA professional indemnity market
Liberty International Underwriters Europe (LIU), a division of Liberty Mutual Group, has expanded its professional indemnity presence with a new team covering the market for Independent Financial Advisers (IFA).
FSA fines insurance claims handler for noncompliance
The Financial Services Authority (FSA) has fined Blackburn insurance broker Aspray Limited £21,000 for control failings over its appointed representatives (ARs) and for misleading both its clients and the regulator.
Willis staff offered cash incentives for unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Reinsurance can reveal.
New Lloyd's syndicate set to launch
Arch Insurance Company Europe, a subsidiary of Arch Capital Group, is set to launch a new syndicate at Lloyd's.
Heath Lambert reports flat trading
Heath Lambert has reported flat trading with earnings before interest, tax, depreciation and amortisation (EBITDA) remaining at £17.5m.
CCV makes purchase in Warrington
Cullum Capital Ventures (CCV) has purchased the general insurance business of K F Garner & Co. Based in Warrington, the company was established in 1983 and controls gross written premiums of £2m.
Arista raids AIG to establish Birmingham office
Arista Insurance has opened its sixth office to support Birmingham and Midlands-based brokers. The move continues Arista's strategyaim of establishing offices in the main UK insurance centres.
Arc appointed claims handler for CCV buy-to-let business
Arc Legal Assistance has been appointed by CCV Letting Agents Solutions (CCV LAS), part of Cullum Capital Ventures, to provide landlords legal and rent guarantee protection claims handling services following CCV LAS's move into this market.
Arag acquires solicitors' network
Arag has strengthened its position in the after-the-event market with the purchase of leading intermediary ATE Ltd for an undisclosed sum.
OurNetwork claims 200th member
OurNetwork has announced it has signed up its 200th member.
Insurance Age TV
Insurance Age deputy editor Martin Friel talks to Grant Ellis, CEO of the Broker Network Group about current market trends. He talks about how the recession has impacted brokers' businesses; how insurers have adopted a "take it or leave it" approach to…
UK insurance companies not in line with Solvency II requirements
Accountancy Moore Stephens has warned that some existing internal business models in the UK insurance industry may not be in line with standards required under Solvency II, the EU project to create a system of risk-based prudential regulation in the…
Marsh launches new community initiative for SME brokers
Marsh has formed a nationwide community of independent mid-sized UK brokers, as a key part of its growth strategy in the SME sector and in response to regional broker needs.
Oxygen establishes new facilities team
Oxygen Insurance Brokers has created a facilities broking team, to be headed up by Donald Alcorn and Jonathan Woods.
Enterprise Rent-a-Car launch new direct hire service
Enterprise Rent-A-Car has launched a new not-at-fault direct hire model for insurers. The company said that the model would provide insured drivers involved in not-at-fault accidents with a way to access their rights to mobility and access to justice,…