Insurance news

• Two Towergate hires for Wilsons

  01-06-2015 17:54
  
  Wilson Organisation takes two from towergate Leicester branch as it expands general insurance team.
  
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• Marsh to build SMEi after acqusition, says Page

  01-06-2015 16:50
  
  SMEi is growing well and is scalable according to Page.
  
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• LV= Broker launches first online fleet product

  01-06-2015 16:45
  Move is part of strategy to trade more products online
  
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• Sweeney to leave Covéa-owned Sterling

  01-06-2015 16:44
  
  Change follows proposal to fully integrate the Sterling and Covéa businesses to create a bigger organisation.
  
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• Sterling’s Sweeney exits as Covéa unveils new look team

  01-06-2015 16:34
  Sterling’s insurance business will be transferred into Covéa by end of the year at the earliest
  
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• Lark posts turnover and Ebitda rises in 2014

  01-06-2015 16:33
  
  Broker delivers organic growth for the 12 month period.
  
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• Sterling to transfer to Covéa as Sweeney steps down

  01-06-2015 16:00
  
  Katie Marriner Postonline Sterling Insurance is to be fully transferred into Covéa Insurance with the process expected to complete by the end of 2015.
  
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• Google, Intel biggest investors in fintech startups

  01-06-2015 15:57
  US tech giants help drive venture capital boom in the sector
  
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• Lark reports improved turnover and EBITDA for 2014

  01-06-2015 15:45
  Broking group earnt £26.1m in turnover over 2014
  
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• Willis completes on Miller deal

  01-06-2015 15:14
  Under deal the two brokers will merge their wholesale and specialty businesses under the Miller brand
  
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• Willis completes Miller deal

  01-06-2015 15:14
  The two brokers will merge their wholesale and specialty businesses under the Miller brand
  
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• SMEi acquisition will help Marsh grow SME book quickly

  01-06-2015 14:41
  Broker’s priority is to make SMEi’s online trading platform available to Marsh Network members
  
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• Independent's creditors vote on scheme

  01-06-2015 13:15
  
  James Verrinder Postonline Scheme creditors of the collapsed Independent Insurance Company have voted on a proposal that would provide an alternative to liquidation.
  
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• Sterling to offer emerging wealth product exclusively on SSP Keychoice

  01-06-2015 11:16
  Executive Living cover is aimed at individuals needing contents insurance worth up to £150,000
  
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• Using apps can enhance client relationships

  01-06-2015 11:11
  
  Alan Watkins, IT director of Claims Consortium Group, explains why he believes web apps can really help the broker and customer relationship.
  
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• UK General seeking additional capacity after commercial rebrand

  01-06-2015 11:01
  
  Katie Marriner Postonline UK General has rebranded its commercial division as One Commercial with plans to consolidate its relationship with 350 independent brokers.
  
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• Marsh back on acquisition trail with SMEi purchase

  01-06-2015 10:46
  SME Insurance Services deal expected to complete in Q3
  
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• Marsh buys SME Insurance Services

  01-06-2015 10:45
  
  Co-founders Roger Snowden and Jason Gandy will join Marsh.
  
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• UKGI rebrands commercial division

  01-06-2015 10:00 via insuranceage.co.uk
  
  Commercial arm relaunched as One Commercial in order to underline focus on regional independent brokers.
  
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• UK General’s commercial arm to broaden offering to brokers amid rebrand

  01-06-2015 10:00
  One Commercial will also become directly regulated by the FCA
  
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• UK General's commercial arm to broaden appetite to brokers amid rebrand

  01-06-2015 10:00
  From October One Commercial will also become directly regulated by the FCA
  
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• LV takes fleet online for first time

  01-06-2015 09:53
  
  Product can cover fleets of two to 200 vehicles.
  
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• ABI reiterates support for young driver curfew as part of safety campaign

  01-06-2015 09:26
  
  Callum BrodiePostonline The Association of British Insurers has reiterated its call for a night-time curfew for young drivers to be implemented as part of a wider campaign for the introduction of graduated driving licences.
  
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• Barbon signs claims agreement with Ryan Direct Group

  01-06-2015 08:31
  RDG will handle all of the claims for Barbon’s property let book
  
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• The truth about no-claims discounts

  01-06-2015 08:00
  
  Drivers are fearful of losing their no-claims bonus and some even pay to protect it, but the NCD is useful only in the early yearsThe no-claims discount (NCD)has been a feature of car insurance for a long time, encouraging people to drive safely by rewarding them with lower premiums on renewal. But the benefits of hanging on to this feature of your policy may not be as worthwhile as you think.Put simply, these discounts are aimed at rewarding motorists for incident-free driving by slashing premi
  
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• Axa's Indian investment increases given final approval

  01-06-2015 04:09
  
  Andrew Tjaardstra Postonline India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.
  
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• Premium opportunity

  01-06-2015 01:54
  James Waddell and Francesca Messina look at what has been driving the increase in private equity’s appetite for deals in the insurance broker market
  
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• Broking success: Professional reputation

  01-06-2015 01:51
  Chairman Robin Lucas explains how Lucas Fettes & Partners is growing due to referrals and its reputation, but warns that developments such as the advent of driverless cars could see the demise of unprepared smaller brokers
  
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• Brokers face tax on lead generation

  01-06-2015 01:42
  
  Taxman’s decision to impose VAT on online and marketing services by IARs could cost industry
  
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• FCA claims review a “wake-up call”

  01-06-2015 01:36
  
  Industry admits more work is needed onclaims following regulator’s findings
  
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• In-depth: Roads to riches

  01-06-2015 01:34
  
  Commercial opportunities for brokers in a growing economy
  
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• Gallagher v Ross: the case continues

  01-06-2015 01:26
  
  The legal battle between Arthur J Gallagher and David Ross, Mark Mugge and Christopher Keey has grabbedthe industry’s attention since Insurance Age broke the news about the court case in late March. Two months later, and with several documents published, the focus is on the claims, defences and counterclaims.
  
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• Save the broker

  01-06-2015 01:25
  
  James Sharp wades into the conflict of interest debate and recalls an adventurous dining experience that reminded him of the increasingly endangered insurance broker
  
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• Communication is key

  01-06-2015 01:22
  
  Winning customers’ trust and meeting their expectations goes muchfurther than getting levels of commission right, explains Amanda Blanc
  
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• Double trouble on pricing

  01-06-2015 01:20
  
  Tony Cornell hankers for the time when there was a single price for each risk
  
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• Editor's letter - June 2015

  01-06-2015 01:14
  
  “Brokers… should undoubtedly deliver leadership in making sure that SMEs are best protected”
  
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• Market moves: Advantage insurers

  01-06-2015 01:06
  
  If Market moves were a tennis match, then May’s edition definitely went to brokers but the insurers have bounced back to claim this month’s set.
  As the market focus box below makes clear, RSA has been notably busy but many providers have got in on the act too. In particular the ‘A’s have had a frantic time of it with Ageas, Axa and AIG to the fore. Liberty too. Managing general agents and underwriting agencies have also been serving up a slew of news with IIG and Bluefin making notable
  
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• Regional review: Sent to Coventry

  01-06-2015 01:01
  
  Coventry may not be on many people’s radar when it comes to booming business and growing industry, but with investment in building and infrastructure, the arrival of Wasps rugby club and two up and coming universities in the city, the future is bright
  
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