Latest News – Page 2025
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News
Snowball to lead Towergate IFA drive
Market surprised by ex-NU chief's move to consolidator giant
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News in brief…
FSA regulations welcomedThe FSA outlined its proposals for a principles-based regulatory regime. Deloitte welcomed the move but said that clarity was needed "about the results that firms should be aiming to deliver". The ABI said the move would lead to "better outcomes for both consumers and financial services companies". Firms ...
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Archive
Iceland's Milestone makes cash offer for Sweden's Invik
A Swedish subsidiary of Milestone has made a cash offer to acquire Invik & Co. for £551m...
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Polaris plans more Imarket deals
Polaris is looking to specialist insurers to join the e-commerce platform Imarket. It said it was in "advanced talks" with a "good number" of insurers. Peter Knowles, strategy and marketing director at Polaris, said: "We are tending to talk with the more specialist insurers, including D&O and professional indemnity." This ...
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Archive
R&SA partners with Swinton to offer pet insurance
Royal & SunAlliance (RSA) has announced a deal with Swinton to offer pet insurance to its customers...
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Allianz Cornhill targets D&O market
Allianz Cornhill has entered the directors' and officers' (D&O) insurance market, hoping to tap into the burgeoning demand from SMEs.D&O will be available as part of Allianz's Commercial Select product, and is aimed at the mid-corporate sector, a market Allianz sees as undergoing significant growth.SMEs are buying D&O cover at ...
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IGI to be sold to US firm 'within days'
IGI Group could be sold within days to US insurer Amtrust Group after months of negotiations.According to a source close to the company, the sale could be completed "any time now", as meetings continued this week.If completed, Nasdaq-listed Amtrust, the multinational property and casualty insurer, will be the third company ...
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Swedish group buys Pet Partners
Pet broker PetPartners has been acquired by Agria Animal Insurance, Sweden's largest pet insurer. Agria, a mutual insurer with a 62% share of the pet insurance market in Sweden, said the move was the "first step" in its strategy to grow internally. But it said it had no plans to ...
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News
Smart & Cook acts to assert freedom
AXA's broking operation will take fresh steps to assert independence after Smart & Cook buy
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Online only
Chubb creates new divisional role
Paul Chapman has been named new head of personal insurance Chubb Insurance Company of Europe
