Latest News – Page 1962
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News
Protectagroup sets £70m brokerage target
Wales-based company outlines acquisition plan of three mid-size brokers
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News
There’s still time to join Fantasy Football
QBE Fantasy Football is up and running and after Wayne Rooney broke his metatarsal for the third time in three years in the opening game on Saturday, some managers will have to reconsider their teams.Don’t worry, you have until 15 September to decide how you spend your £55m and you ...
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News
ABI: meet our demands or 500,000 lose cover
Insurers give ultimatum to government to adequately manage flood risks
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News
Insurers failing on foot and mouth
Insurers are letting down the rural business community by failing to offer insurance cover for the impact of foot and mouth disease (FMD).NFU Mutual said farmers could buy cover that would pay out 25% of their herd’s value if the herd were slaughtered.But it said this was used to aid ...
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News
Aon boosts classic car book with new buy-out
Aon has acquired niche broker Firebond to strengthen its position in the classic car sector. The move follows the purchase of Footman James for £80m in January. Firebond provides cover for specialist personal risks, including prestige sports and classic cars. It has 13,000 policyholders, and controls £4m of ...
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Backchat
The great northern risk
A survey by car insurer Diamond has found yet another reason to steer clear of the North.The report, which rated driving records by occupation as well as location and car type, found that male chefs from Oldham driving a Lexus represented the gravest threat to humanity. They were followed closely ...
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Backchat
Lloyd’s stars in old movies
ITN footage from Lloyd’s has been found after nearly 80 years in the archives. Films made between 1928 and 1961 have come to light and can now be seen on the Lloyd’s website. They include a reconstruction of the original coffee house owned by Edward Lloyd, showing what the world’s ...
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Backchat
Walking the plank risk
Attendees at the world’s tenth plank-walking world championships in Sheppey, Kent, were befuddled when its insurers insisted that participants be informed that there was a risk they “may get wet”.Of equal (but potentially more harmful) incredulity was the rule of the competition stating that contestants be “able to swim”. “It’s ...
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News
Web news…
Online caravan quotesInsuremycaravan.co.uk has added two new insurers to its panel giving caravan owners access to an online ‘quote and buy’ service. The addition of Fortis and Equity Red Star to the panel allows caravan owners to compare prices from a wide choice of top name insurers.First published 13 August ...
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News
NU seeks commission cuts as profits slump
New chief executive wants cost of distribution at ‘a better level’
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News
Rate your commercial insurers and earn £5 for Cancer Research UK
Insurance Times is conducting a short study of how front-line, commercial insurance broking staff rate the overall service provided by the commercial insurers they deal with. Our brief online study questionnaire at www.insurancetimes.co.uk/RoomforImprovement contains just 12 key questions, half of which are optional opportunities for comment. Completing it should take ...
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News
Oval makes 20th acquisition
Broker Oval has made its twentieth acquisition, increasing its presence in the Midlands still further.It has purchased Martin and Pethard and its associated company, Premier.Martin and Pethard is the longest established broker in Redditch with a range of clients across various industries.Premier is a specialist broker dealing with the provision ...
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News
Beaumonts launches broker investment drive
Beaumonts Insurance Brokers is offering financial support to start-up brokers, after backing its first company, VCB Insurance. Yorkshire-based Beaumonts has bought shares in VCB and is providing accommodation for the company in its own offices.Martin Sykes, managing director of Beaumonts, said he welcomed other brokers wanting to break away from ...
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Comments/Letters
When a title can be costly
Caroline Muspratt says the way in which a job is described can confuse online insurance users
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Comments/Letters
Feedback
Commission disclosureI was extremely surprised and alarmed that the trade association should be arguing for full commission disclosure on the retail side and the argument used was that the playing field is not level.How is the playing field going to be level with the direct writers, etc, when ...
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Comments/Letters
How to create an invitation to browse
Andrew Areoff says the design of a website is vital to the image of your business
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FeaturesA driving force
When the integration of Equity Group’s business into IAG, chief executive Neil Utley is looking to make £20m in cost savings, but still looking for more acquisitions. Michael Faulkner reports
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News
Fortis builds IT claims system
Fortis is in the midst of building an electronic system that can be used to immediately settle some travel insurance claims.The technology, built by the insurer’s IT team and costing approximately £600,000, received board approval last year and will be up and running by early next year, said John ...
