Smart & Cook acquisition
Smart & Cook acquired Slater Marchant in the Yorkshire Dales, which controls annual premiums of £4m. Paul Meehan, chief executive of Smart & Cook, said it was one of five acquisitions, nationally, to be completed over the next few months.

First published on 7 March

Oval acquires IVML
Oval acquired specialist London-based broker, IVML in a bid to increase its market share of corporate and property business.

First published on 12 March

QuestGates' launch
QuestGates launched a valuations division offering buildings, contents, plant, machinery and IT valuations for commercial and high net worth insureds, brokers and insurers.

First published on 12 March

Companies Act warning
Company directors could face an increase in claims against them as a result of the Companies Act 2006 and also risk not having suitable insurance cover, law firm Reynolds Porter Chamberlain has warned.

First published on 12 March

Highway's EDI launch
Highway launched its Choice Private Car and Choice Commercial Vehicle products on the Acturis full cycle EDI trading platform.

First published on 12 March

Aon warns of risky year
UK businesses should be preparing for what could be the riskiest year yet, Aon said. According to Aon, some companies continue to neglect business continuity management as senior executives do not think it warrants their time.

First published on 12 March

Atrium Space success
The Atrium Space Insurance Consortium announced a successful start. In line with the business plan, 12 risks have been written to date.

First published on 12 March

Ace launches PI product
Ace European Group launched a more streamlined professional indemnity (PI) product on imarket. Ace said specific standards relating to risk for PI have been reduced by 50% on the trading portal. The company said this move will simplify the quote request process, reduce administration time and help brokers to cut costs.

First published on 7 March

Castle Cover appointment
Castle Cover appointed Helen Ricketts as head of motor. She will be responsible for officially launching the motor insurance division.

First published on 7 March

ABI urges fraud action
The government must tackle the growth in fraud urgently, the ABI said. The call comes as the Association of Chief Police Officers estimates that fraud costs the UK economy as much as £20bn a year – £330 for every person in the country.

First published on 7 March

Bupa aligns businesses
Bupa announced plans to align its private medical insurance, group risk, wellness and occupational health businesses, creating a single distribution channel for business-to-business intermediaries and customers.

First published on 7 March

Risk survey revealed
Only 50% of risk managers believed the function contributed substantially more value than it did three years ago, according to a survey by PWC. Fewer than one in ten survey respondents believed that risk management was very effective at enabling managers to make better business decisions.

First published on 7 March

CII welcomes endorsement
The CII has welcomed the FSA's endorsement of its work to promote professional excellence to help the industry make the transition to principles-based regulation.

First published on 9 March