Latest News – Page 1924
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News
New Groupama chief to continue broker buys
Groupama Insurances’ new chief executive François-Xavier Boisseau has said the insurer will continue seeking acquisitions and UK investment opportunities.Boisseau, who was promoted following the departure of Pierre Lefèvre this week to run Groupama’s Italian subsidiary companies, said he was happy with the company’s current operating model.Lefèvre has been with ...
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News
NIG underwriting chief for ABC
NIG underwriting director Mike Crane will join ABC Insurance in the New Year.Crane will take up the role of head of broker underwriting at ABC, LV’s broker distribution brand. The company expects him to join early in 2008, but a date has not yet been set. A spokesman for the ...
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News
Layton Blackham bid to be largest network
Layton Blackham Business Solutions (LBBS), the broker network owned by AXA, unveiled ambitious plans this week to become the leading network within three years. The network, which has 50 members, is looking to take on the likes of Broker Net-work to grow to 200 members. LBBS is targeting brokers of ...
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Backchat
Roll on Friday – but don’t roll off
Insurers beware: the fatal Friday phenomenon is about to hit our roads.A report has revealed that when the clocks go back and the winter nights draw in, more accidents take place on a Friday between 4pm and 6pm.Commuters with that ‘Friday feeling’ are more likely to have a smash, the ...
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News
The Queen’s speech: climate change agenda
The government unveiled its 2008 agenda in the Queen's speech on Tuesday.This included a Climate Change Bill, setting targets for the reduction of carbon dioxide emissions, and an Energy Bill to encourage private investment in nuclear power stations and offshore gas supply. The Queen's speech also included a Planning Reform ...
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Treasury rules out corporation tax cut
Industry leaders meet Treasury officials to discuss how London can be more competitive
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Jelf Group network launch
Jelf Group and former Westinsure managing director Bob Parkins has launched a network in the South West. Jelf group chief executive, Alex Alway, who will chair the new venture, said: “The inde-pendent broking market is vital in providing businesses and individuals with impartial advice on insurance and risk management. While ...
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AXA to offer online measure of carbon footprint
Scheme could lead to reduced premiums for greener companies
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Bridge eyes SME market in five year growth plan
Manchester broker Bridge Insurance is to target the SME market as part of a five-year plan to become a major force in the UK market.The broker, which controls £40m in gross written premiums, is predominantly focused on corporate clients. But the company is reviewing its business and has set a ...
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News
Brokers in HNW merger
Two brokers that have merged to specialise in the high net worth (HNW) market have ruled out acquisitions claiming that brokers who have acquired are losing clients.Smith Ross Shane and Greenfield Risk Services are to join forces to form Smith Greenfield Services. But managing director Steve Smith said it would ...
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News
Aggregators play down effects of VAT ruling
Aggregators are down-playing concerns that a recent VAT tribunal ruling could leave the price comparison insurance market with a massive tax bill.Traditionally, aggregators have been exempt from VAT on the commission and fees received from listing insurers on their panels. But a ruling last week removed the exemption from aggregator ...
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News
New direct insurer aims high
A new direct insurance provider has entered the scene with the goal of becoming the top personal lines player by 2010.Insurewithease.com will go live on Monday offering travel and pet products on a strictly online basis.Operations director Jack Harris said the plan was to expand the portfolio to include household ...
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News
NU shakes up top management
Job losses likely as changes to insurer’s operating model bring distribution into a single unit
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News
RBS Insurance overhauls management
Chris Moat and Robin Webster leave the company as new structure puts commercial and brokers under one managing director
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Online only
Aon invests in claims advocacy initiative
New support units established in Glasgow & Birmingham
