Broker News – Page 532
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Glencairn completes Park London transfer agreement
Glencairn and Park London have completed a transfer agreement under which the majority of Park London's insurance and reinsurance accounts move to Glencairn...
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IUA launches new website
The International Underwriting Association has launched a new website creating an online database of documents and resources for the London Re/insurance Market...
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Primary General launches motor trade combined policy
Primary General has launched a new motor trade combined policy, covering a broad range of motor trade risks.The policy will be available to selected broker partners across the UK.Simon taylor, marketing director, commented: “Motor trade risks can be a complex and specialist area of the market, where a comprehensive policy ...
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Former BIBA boss takes on new role
UKGI, a supplier of compliance and support services to insurance brokers, has announced two key appointments...
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Broker numbers to grow as Lloyd's eases access
New rules cut accreditation time from two months to two weeks
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Towergate buys Scottish broker
Towergate Partnership acquires Scottish insurance broking firm, J W Group Insurance & Risk Management...
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Quote of the Week
"Any failures we identify will be viewed seriously and we will take the appropriate action, which includes prohibition from the industry as shown in this case." Jonathan Phelan, FSA head of retail enforcement, commenting on the banning of Alan Dennis Garlick.
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Has the financial lines market hit the bottom of the cycle?
Underwriter opinions are divided about how premiums in the financial institutions market will move in 2007, according to a Willis Financial Institutions (FI) Index report.Fifty-five per cent of respondents surveyed by the index predicted a reduction in rates and 45% predicted flat renewals. Insurers surveyed by Willis agreed that eventually ...