Insurer
Axa swoops for Zurich personal lines broker chief
Axa Personal Lines has appointed Gareth Howell as its new product household director.
Motor premiums start heading downwards
Prices for comprehensive car cover fell by 3.3% in the first quarter of 2012, the first time in almost four years that car insurance premiums have seen any reduction, according to the Confused.com/Towers Watson Car Insurance Price Index.
Chartis looks inward for new casualty chief
Chartis has appointed a new UK head of casualty, one of the insurer’s core lines of business.
Quindell adds to shareholding in Lineker-backed insurance offering
Quindell Portfolio has paid £2.85m cash for a further 16.4% stake in Ingenie, the insurance intermediary digital brand aimed at young drivers.
Mondial re-brands as it heads into health market
Mondial Assistance UK has announced that it will rebrand to Allianz Global Assistance in October this year as it embarks on a new foray into the health sector.
CFC chief reveals post-MBO plans
David Walsh, managing director at CFC Underwriting, has revealed the company's plans to move further into the affinities business and expand its product range.
CCV purchases remaining 70% of Kent-based broker
CCV has completed its phased acquisition of Kent-based broker Capital & County.
CFC management go it alone following MBO
The management team at CFC Underwriting, the cyber risk specialist MGA, have completed a management buyout of the company from the Hyperion Insurance Group.
Livestock rustling sends claims soaring in Northern Ireland
Northern Ireland is the worst affected region for livestock rustling, accounting for more than 20% of claims in 2011, according to rural insurer NFU Mutual.
RSA to reduce broker panel to achieve commercial profitability
RSA's 2011 report and accounts has confirmed that the insurer will take a more “targeted approach” to its broker distribution in the UK.
Brit suffers ratings downgrade after QBE sale
AM Best has downgraded the financial strength rating and issuer credit rating of Brit Insurance Limited (BIL) to A- from A and placed the ratings under review with negative implications.
Chartis Europe sees reduced profit and GWP but improved COR
Chartis Europe has reported a fall in profit for the year ended November 2011 to £11m, compared with £101m in 2010.
Iprism returns to profit with doubled turnover
Iprism Underwriting Agency has reported a jump back to profit, with earnings of £2.1m for the year ended December 2011, compared with a loss of £0.8m in 2010.
Home Secretary gives backing to Biba and ABI signposting initiative
The British Insurance Brokers’ Association (Biba) and the Association of British Insurers (ABI) have revealed a government backed signposting agreement which they claim will make it easier for older customers to find motor and travel insurance.
QBE reveals expansion plans to brokers
Ash Bathia, chief underwriting officer at QBE for property, casualty and motor, has told brokers to expect more engagement and products from the provider after its acquisition of Brit’s UK regional business.
NIG aims to expand in Scottish market
NIG plans to invest in its Scottish operation and grow its Glasgow-based team following feedback from brokers in the Scottish commercial and SME market.
Brokers welcome QBE takeover of Brit's UK regional business
Brokers have given a uniformly positive reaction to the takeover by QBE of Brit’s UK regional business describing it as good news for both brokers and insurers.
QBE buys Brit’s UK regional business
QBE has announced the purchase of Brit’s renewal rights for the UK regional operations business with the transaction expected to be completed on 13 April.
Marsh and Guy Carpenter team up to tackle flood insurance drought
Marsh and Guy Carpenter have joined forces with digital mapping and land data intelligence provider Landmark Information Group to create a new flood risk reinsurance pool.
Kiln races into horse market
Kiln has appointed Georgina Smart as an equine underwriter to focus on specialist risks for sports and leisure horses.
Arista boosts North East presence
Arista Insurance has appointed Adam Hirst as a commercial underwriter and promoted Pamela O'Loughlin to the role of senior fleet underwriter at its Leeds office.
Giles up against Acromas in bid for Groupama's UK broking arm
Giles and Acromas have both filed bids to buy part of the UK arm of Groupama, according to the Independent.
JLT adds Towergate man to Nottingham team
JLT has appointed Steve Exwood as partner in its Nottingham risk practice team.
Aspen adds underwriting expertise to Manchester office
Aspen Risk Management has appointed Steve Cheshire as head of underwriting for its North of England business.