Insurer
Collinson snaps up One Group to cut third-party costs
Collinson Insurance Group (CIG) has struck a deal to acquire claims and assistance handler One Group in a bid to reduce its third-party costs.
Whiplash fraudsters handed suspended sentences
Two men who made bogus claims for whiplash injuries suffered in a road traffic collision they were not even involved in have been handed suspended prison terms.
Zurich Private Clients claims team in CII success
All seven members of Zurich Private Clients’ claims team have achieved a Chartered Insurance Institute (CII) qualification.
'Crash for cash' fraud ring smashed in Liverpool
A ‘crash for cash' fraud ring which operated in South Liverpool has been smashed, saving an estimated £1m in fraudulent pay-outs.
QBE signals "new beginning" with Birmingham expansion
QBE has signalled a "new beginning" for its recently integrated team by announcing the expansion of its Birmingham office.
Axa Assistance takes intermediary chief from L&G
Axa Assistance UK has appointed Adam Smith as sales director from Legal & General Insurance (L&G) where he was head of intermediary accounts.
Action group calls for Aviva resignations
The Norwich Union Policyholders Action Group has called for the resignation of four Aviva directors in on-going pressure over performance and pay at the insurer.
Direct Line ends private equity talks ahead of float
RBS is poised to reveal details of the flotation of Direct Line in a matter of weeks having ended talks with potential private equity investors, according to reports.
Time to sign up to Prince’s Trust football tournament
The Prince’s Trust has called on insurance companies to help tackle youth unemployment by taking part in the youth charity’s fundraising football tournament.
Harvey retires from Lorega
Malcolm Harvey has retired from the roles of director and chairman at Lorega.
Silly season
So here we are again, in the midst of silly season.
Unite slams Aviva for its "silent jobs cull"
Britain's biggest trade union has slammed Aviva for its "silent jobs cull" following the insurer's announcement that 800 jobs could be at risk.
MMA moves to strengthen regional focus
MMA Insurance has appointed Gary Clayton as senior motor trade underwriter with a remit for the south of the UK while Paul Atkinson has been promoted to the same role for the north of the country.
Aviva may cut 800 jobs
Aviva may cut 800 jobs across its life and general insurance units by the end of the year.
1st Central chases growth with Allianz appointment
1st Central Insurance has appointed Andy James as group marketing director.
Co-op hails performance in face of summer flooding
The Co-op Insurance has weathered the effects of the June flood claims to post a £22m turnaround in its post-tax profits.
Ecclesiastical claims no need for broker concern over results
Ecclesiastical has moved to reassure brokers following its disappointing results for the first six months of 2012.
Co-op insurance operating profits soar
The Co-operative Insurance's operating profit rose by 346% to £30.3m (H1 2011: £6.8m) while its net earned premium edged up 2.9% to £297.5m in the first half of 2012 (H1 2011: £289m).
UK underwriting loss for Equity owner
Equity Red Star owner, Insurance Australia Group (IAG), has revealed that it made an underwriting loss on UK business of AU$23m [£15.21m] for the year ended 30 June 2012.
IAG writes off nearly AU$300m on UK arm
IAG has written off AU$297m [£196m] of all remaining goodwill and intangible assets for its UK division.
Ecclesiastical doubles underwriting loss as COR worsens
Ecclesiastical has reported a group underwriting loss of £14.4m for the first six months of 2012.
HNW intermediaries facing bank and direct provider threat
High net worth (HNW) insurance intermediaries are coming under increasing market share pressure from banks and direct providers, according to research published today by Defaqto.
Insurance fraud in decline in Q2
Attempted fraud in the insurance industry fell by 16% between April and June 2012, according to new figures released by Experian.
Outgoing Rural founder pays tribute to colleagues and brokers
Outgoing Rural Insurance deputy chairman and founder Lance Harvey has paid tribute to the brokers he has worked with ahead of his retirement in September.