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What the papers said this week
Newcastle Chronicle An insurance company has apologised for threatening to take a schoolboy to ...
Highway looks to build on Irish deal
Northern Irish broker association Provincewide has agreed a deal with motor specialist Highway to un...
Broker Direct purchase
Broker Direct has completed the acquisition of Scunthorpe-based Barry Fenton Insurance Brokers. This...
Insurers unwittingly helping disease claims
Insurers are inadvertently helping to build opponents' industrial disease cases by investigating cla...
Biba trade credit meet
The Department for Business Executive and Regulatory Reform has agreed in principle it has the right...
Weightmans turnover
Liverpool law firm Weightmans has announced a record turnover of £52m for the 2008/2009 financial ye...
Montpelier Re adds Swiss Re exec to lead new marine business
Bermudian (re)insurer Montpelier Re said that its Lloyd's Syndicate 5151 will begin underwriting marine insurance business in August 2009.
Brokerbility member snaps up broker
Alan & Thomas Insurance Brokers has acquired the goodwill and assets of Douglas King Insurance Services, based in Blandford Forum, Dorset. Douglas King Insurance Services have been trading since 1955.
Pick of the week
Senior reporter Sarah Hills looks at the major news stories from this week's Post: CILA urges members to reveal fees in transparency drive; Willis to cut chaff in UK overhaul; PPR drags heels over Heath Lambert decision; RSA boss cites Brit and QBE in…
Fortis and BNP Paribas close deal
The transaction between Fortis Holding, the Belgian State and BNP Paribas has completed.
Businesses warned not to under-insure in a recession
Budget conscious companies looking to cut premium costs need to be careful not to leave their businesses exposed, a corporate insurance expert has warned.
Bodyshops see decline in volumes for third year in a row
For the third year in a row Bodyshops are reporting a drop in volumes of work in quarter one compared to the same quarter in the previous year.
Claims Club Rising Star Awards - shortlist
After much deliberation the shortlist for this year's highly prestigious Post Magazine Claims Club Rising Star Award – sponsored by BLM and CSC - has now been confirmed.
Allianz net income drops 97%
Allianz said that net income in the first three months of the year dropped 97%.
Arch Capital rings management changes
Arch Capital, the Bermudian (re)insurer said that president and CEO Constantine (Dinos) Iordanou, has been appointed to the additional position of chairman of the board, effective November 2009.
P&C insurers will emerge from financial crisis with resiliency proven
Property/casualty insurers will emerge from the financial crisis and weakening economy with their resiliency once again proven, Dr. Robert P. Hartwig, president of the Insurance Information Institute (I.I.I.), told attendees at the Casualty Actuarial…
Kwik Fit Insurance strikes deal with Supercover
Kwik Fit has introduced a gadget insurance policy provided by Supercover Insurance, the specialist consumer-portable insurer.
Ecclesiastical comes out top in charity table
Ecclesiastical Insurance has been named the seventh biggest giver to charity in the UK, behind the likes of Lloyds TSB and Marks and Spencer and ahead of Shell and Fidelity Investment Management. The listing, produced independently by the Directory of…
Cooper Gay targets Russia and Eastern Europe with energy hire
Cooper Gay has appointed onshore and offshore energy specialist Mike Makowski to boost the development of its energy business in the former Soviet Union and Central and Eastern Europe.
Amlin sees GWP increase 39.2% in first four months of 2009
Lloyd's insurer Amlin this morning reported gross written premium (before deduction of brokerage) in the first four months ended 30 April 2009 was up 39.2% at £729.7m (30 April 2008: £524.2m). The increase was supported by the appreciation of the US…
Heath Lambert in retail push
Heath Lambert is restructuring in a bid to strengthen its retail operations.
Brokers must meet challenge of banks and direct market says Defaqto
Defaqto's first Insight Report into the SME Commercial insurance market warns brokers that they need to meet the challenge of Banks and Direct insurers.