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Post Magazine - 20 May 2010
Subscribers to Post can now read the latest edition online as a digital interactive e-book.
Giles appoints seven
Giles Insurance Brokers has appointed seven new members of staff at its Llantrisant-based head office.
BIBA 2010: Markerstudy forms coalition with Zenith
Markerstudy and Zenith have put together a new group underwriting coalition under group underwriting director Gary Humphreys (pictured).
FOS: Insurance disputes up 38% in 2009/10 driven by PPI
The Financial Ombudsman Service – the independent organisation that settles disputes between consumers and financial companies – today said it resolved a record 166 321 disputes – a 46% annual increase – in the period 2009/10 resulting in compensation…
BIBA 2010: Galbraith calls on government to introduce the "right legislation"
The British Insurance Brokers’ Association is set to launch a major lobbying campaign to promote the role of the broker to the Liberal-Conservative coalition government.
Admiral bolsters numbers with 751 new recruits in H1 2010
Admiral has revealed it has recruited 490 people this year and plans to take on a further 261 by the end of June, an increase of 11%.
One Answer Network extends deal in growth drive
One Answer Network has entered into a long term contract with insurance sector software specialist Cheshire Data Systems to both expand and extend its licence purchasing agreement, as part of its business growth plans.
Open GI gets Aviva green light
Open GI has become the latest technology firm to integrate its motor quote engine with Aviva’s web-based rating engine in order to provide more competitive, real-time rates to brokers.
Brightside to raise £9m via share-listing for latest acquisition
Broking group Brightside has unveiled a plan to raise £9.0m via the placing of 36m new ordinary shares to fund an acquisition.
Portugese FS group "weighed down" by "stagnant non-life market"
Portugese financial services group Espírito Santo Financial Group has reported a 29.6% year on year decline in net income to Euro 21m (Euro 29.8m).
Allianz CEO bemoans commercial rate inactivity as profits dip 10.7%
Allianz reported gross written premium was up 4.4% to £411.3m (2009 Q1: £393.8m) over same period in 2009.
Portugese FS group "weighed down" by "stagnant non-life market"
Portugese financial services group Espírito Santo Financial Group has reported a 29.6% year on year decline in net income to Euro 21m (Euro 29.8m).
Allianz CEO bemoans commercial rate inactivity as profits dip 10.7%
Allianz reported gross written premium was up 4.4% to £411.3m (2009 Q1: £393.8m) over same period in 2009.
Experian: insolvencies fall 15.1 per cent year-on-year
The latest insolvency index from Experian has revealed a year-on-year fall in business insolvencies during April in the UK.
CL boosts surveyors division with training programme
Cunningham Lindsey is offering its surveyors an improved training programme, as the claims management company looks to diversify and grow its surveying services division.
European GI CEO Annette Court out in Zurich reshuffle
Zurich Financial Services today announced a streamlined management structure and related senior management appointments. The changes come into effect on 1 July.
Competition Commission: Point-of-sale PPI should be banned
The Competition Commission has provisionally decided that consumers will benefit from the introduction of a point-of-sale prohibition for all forms of payment protection insurance, with the exception of retail PPI.
European GI CEO Annette Court out in Zurich reshuffle
Zurich Financial Services today announced a streamlined management structure and related senior management appointments. The changes come into effect on 1 July.
Aviva names Hudson as personal line broker boss
Sam Hudson has been appointed head of broker personal lines for Aviva.
French insurance group sees international revenue soar
CNP Assurances recorded €9.4 bn in premium income, of which €1.9 bn came from operations outside France, in the first quarter of 2010.
French insurance group sees international revenue soar
CNP Assurances recorded €9.4 bn in premium income, of which €1.9 bn came from operations outside France, in the first quarter of 2010.
Biba launches PPI scheme
The British Insurance Brokers’ Association and Millennium Insurance have joined forces to launch new committed payments protection scheme.
Lloyd's motor insurer KGM put up for sale by parent company
Lloyd's motor insurer KGM has been put up for sale by its parent Gibraltar-based Perseverance.
Lib Dem set for climate change role in Cameron's cabinet
Liberal Democrat MP Chris Huhne is poised to become energy and climate change secretary, according to reports.