Insurer News – Page 260
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Hiscox Q1 performance spurred on by London Market growth
Insurer reports 12.1% growth in GWP over UK retail and London Market business
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Industry fears Conservatives uncertainty over EU could hit finances
But firms welcome Conservative administration “focus” on creating wealth through being supportive of businesses
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Beaumonts expected to add £7m to Jelf income in 2015
Group chief executive Alex Alway said broker was interested in bolt-on acquisitions and team hires
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Willis and JLT agree trial date over staff defection dispute
The 20-day trial will start on 18 April
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Allianz signs £770m capacity deal with Towergate Underwriting
Five-year deal follows Towergate’s recapitalisation
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Liberty hires commercial lines branch manager from Zurich
Michael Avent will head up the Birmingham and Bristol branches of Liberty Mutual Insurance
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FCA puts industry under the cosh over premium finance charges
In some cases FCA review found that interest rate fees and APR charges were not always provided
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RSA shareholders voice discontent as 16% vote against director pay plans
155 million votes were also withheld over directors’ remuneration report
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Andy Watson: Ageas’s motor COR will improve
Motor is an ‘attention point’ for insurer following claims inflation and Q1 underwriting loss
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Brokerbility rebrands broking businesses
B&R, O’Connors and Fehnerts will be Rebranded as Brokerbility Insurance Brokers from 1 June
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Seventeen Group acquires London broker
Thompson and Partners specialises in credit and marine insurance
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Blanc completes private equity-backed MBO of Aston Scott
Andrew Scott will step down as chairman but will remain as a significant investor in the business
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RSA UK hires transformation head as Lewis builds his top team
Insurer close to naming new UK and Western Europe COO
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Sims to leave AIG Private Client Group
John Sims is returning to his insurance consultancy business
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Insurance Times Awards 2015 now open for entries
Get your entry in now to be in with a chance of picking up one of the 26 awards on offer
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Aviva’s Wilson and Tulloch hail return to growth in UKGI
Tulloch says company has ‘strong pipeline’ of new business
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GWP grows 6% at Beazley
Specialty lines premium grows 19% as rate increases help the book grow