News
Biba CEO warns of online challenge
Biba chief executive Eric Galbraith has voiced his concerns at the transactional nature of insurance and the over-emphasis on price.
Towergate recruits marketing director from Lloyds
Towergate has appointed Lindsay Forster as group marketing director.
Commercial COR unacceptable, says Aviva boss Spencer
Aviva UK and Ireland chief executive Robin Spencer has branded the insurer’s commercial combined operating ratio (COR) as “unacceptable”.
UK Broker Summit 2013: The recession is over, delegates told
Delegates were welcomed to this year’s UK Broker Summit with the news that the recession is over.
Broker Apprentice Episode Six: Which scheme was best?
With schemes undoubtedly one of the hottest topics in the broker market today the winning contestant should be rightfully proud of their achievement.
Aviva UK GI delivers steady 98% COR amid 2013 pay freeze
Aviva delivered a steady UK combined operating ratio (COR) of 98% for 2012 as the group confirmed that its executive directors would not receive any annual bonuses.
Direct Fleet goes to Cobra for new renewals manager
Direct Fleet Insurance has appointed Joanne Cassidy as renewals manager.
JLT adds to financial institutions team
JLT Specialty (JLT) has added Roger Maxted, John Greene and Tracy Miller to its financial institutions team.
L&G GI reports GWP growth while profit and COR decline
Legal & General’s (L&G) general insurance (GI) division has reported gross written premium of £349m for 2012, up from the £304m reported in 2011.
Policy Shop unveils ex-AA Insurance boss in non-exec role
Policy Shop has named former AA Insurance Services boss Andy Briscoe as non-executive chairman.
Axa regaining brokers trust at Bolton NTC
Axa was losing business to other insurers before it restructured its Bolton branch as a national trading centre (NTC), according to Chris Maguire, manager of the NTC.
Admiral CEO warns of aggregator slowdown despite Confused profit
Confused.com recorded rising profits for the first time in four years as Admiral group CEO Henry Engelhardt admitted that the rate of aggregator growth was "slowing".
Admiral seeks to build "metaphorical skyscraper" as profits rise
Admiral has delivered a group pre-tax profit of £345m for 2012, up from £299m the year before.
Insurer view: Ditch the "old-boys' network" and get professional
Hiscox believes that brokers should stop relying on the "old boys' network" and instead strive for professionalism by securing chartered status.
CII unveils new claims faculty chairman
The Chartered Insurance Institute (CII) has unveiled Ecclesiastical's claims and risk services director David Bonehill as its claims faculty board chairman.
PPI complaints soar as FOS cites 'unprecedented levels'
Lloyds TSB has topped the list of payment protection insurance (PPI) offenders in the second half of 2012, with 42,195 complaints.
JLT enjoys 20% profit growth
Jardine Lloyd Thompson (JLT) has seen its 2012 profits jump by 20% as it delivered organic growth of 7%.
ABI research into motor claims cost sees whiplash hit 20%
A new report by the Association of British Insurers (ABI) has revealed that personal injury costs now make up the largest proportion of motor insurance claims.
Biba strikes Toba template agreement
The Association of British Insurers (Biba) has agreed "a template" for terms of business agreements (Tobas) between brokers and insurers.
Thomas Carroll expands senior team in regional push
Thomas Carroll Group has added two senior executives to its commercial insurance division.
Broker Apprentice Episode Five: The Schemes task begins
In one of the market's hottest topic for brokers, can the Broker Apprentice hopefuls persuade Chris Hanks that they have the vision, skills and market knowledge to be able to mine a niche?
Four insurance companies win places on Sunday Times Top 100 list
Four insurance companies have made it into the 2013 Sunday Times 100 Best Companies List as the 25 Best Big Companies List was also revealed.
Insurance insolvencies remain in single figures
Research from Experian has revealed there were nine company insolvencies in the insurance sector in January 2013.
FSA regulatory inspections leap during 2012
Regulatory inspections of insurers for the first nine months of 2012 were up 38% on the total amount conducted for 2011, a survey has found.