Broker
Aviva teams up with SSP
Aviva has joined forces with IT company, SSP, to give 600 extra brokers access to personal lines products.
FSA fires warning letter to brokers
The Financial Services Authority has reminded insurance intermediary firms that they must have adequate financial resources at all times.
Price Forbes Fac brokers leave - sources
Four facultative reinsurance brokers have left Price Forbes amid rumours that it is closing its facultative reinsurance broking team, Reinsurance has learned.
Lockton warns companies over “new wave” of hackers
Insurance broker Lockton has urged corporate risk managers to take precautions with information systems to protect against a “new wave” of hacker attacks.
Towergate companies sign £10m deal
Open GI, has signed a £10m contract with Power Place to develop new electronic products on the Open Trader platform.
The Royal Hospital Haslar added to CBG portfolio
CBG Group has been appointed to provide a programme of insurance for The Royal Hospital Haslar.
Penny black's insurance week
Penny was out and about with Hastings CEO Edward Fitzmaurice this week, and one couldn't help but be surprised by his music taste. After a discussion of the fine arts — and not so fine arts — something of a revelation occurred. Among the standard…
Roundtable: Online product delivery - Rise of the machines
The internet has had an enormous impact on the insurance industry, Post hosted a roundtable to find out its influence on product delivery. Stephanie Denton reports.
Postbox - Rate increase charades
The logic of the recent rating announcements from AA Insurance, Zurich et al ticks all the right boxes for shareholders but lacks any credibility, given how insurers still have so many areas where the figures on rate increases bear no relevance to the…
Biba warns brokers on data loss concerns
The British Insurance Brokers' Association has warned brokers after the government stepped up plans to impose heavy fines for data security breaches.
44% in the dark on corporate manslaughter
A SURVEY by Allianz of brokers' awareness of the Corporate Manslaughter Act has revealed 44% are unaware of the penalties it proposes.
Ex-Willis Network broker joins Marsh alternative
A founding member of the Willis Commercial Network has become one of the first brokers to sign up to Marsh's commercial network.
Biba welcomes NY broker commission stance
The British Insurance Brokers' Association has welcomed the decision by US insurance officials to allow three major brokers to resume accepting contingent commission, bringing legislation more in line with the UK.
Kerry London turnover rises
Kerry London has targeted 10% growth for 2010, after reporting a £0.8m increase in turnover to £15.9m in 2009.
Groupama to up motor rates by 10% for 2010
Groupama Insurances UK chief executive Francois-Xavier Boisseau has vowed to increase private motor rates, pinpointing the division as the "only culprit" for the insurer's fall in profits.
Bennetts aiming for growth with Lowe hire
Bennetts Commercial has set its sights on increasing commission income by 15% this year after adding ex-Jelf regional director Carole Lowe to its senior management team.
Ebrands look to panel
Brightside insurance director Arron Banks has revealed plans to double the gross written premium of underwriting businesses Ecar and Ebike to over £200m by moving the products to panel arrangements.
Axa MGA stance leads to 13% cut in volumes
Axa Insurance's strategy of lifting rates and exiting relationships with managing general agents has led to a 13% reduction in volume in its commercial lines book over the course of 2009.
Clear establishes second base after buy
Independent intermediary Clear Insurance Management has created its first satellite office, after completing its purchase of Lynas Vokes Insurance Brokers.
Guy Carpenter COO to leave company- sources
Another senior member of Guy Carpenter's executive committee has resigned from the broker, Reinsurance has learned.
Cap Z to buy out 3I in Jelf fundraising plan
Cap Z will now hold a minimum of 25.01 per cent of the company's enlarged ordinary share capital.
Aon announces regional restructure
Aon Corporate has appointed eight new area directors as a part of a restructure of its UK operation, designed to bring decision-making and resources closer to its clients.