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NIG pulls personal lines

Royal Bank of Scotland insurer NIG has outlined plans to close its personal lines division and focus solely on commercial business

Insurer | 27 Jul 2010

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house

Service is key factor in picking home insurance provider

More than 12 million people are set to switch utilities or insurance provider in search of 'better service', according to research.

Broker | 26 Jul 2010

UK records surge in all-equity buyouts

FSCS has paid out over £200m in compensation

The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out in compensation to over 21,000 claimants.

Insurer | 22 Jul 2010

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Three arrested in cash for crash operation

Durham Constabulary’s Serious and Organised Crime Group has arrested three men as part of an ongoing major investigation into organised criminals believed to be involved in ‘crash for cash’ activities.

Insurer | 21 Jul 2010

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Bridle Insurance continues on acquisition trail

Bridle Insurance has acquired Leicestershire-based niche personal lines specialist Abbot Insurance for a six figure sum.

Broker | 21 Jul 2010

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Oak Underwriting and Westinsure strike deal

High net worth (HNW) specialist Oak Underwriting has agreed a deal with Westinsure Group to provide HNW expertise to its network of independent insurance brokers across the UK.

Broker | 19 Jul 2010

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Fraud pushes up motor premiums

Fraud is helping to push car insurance premiums up at their fastest-ever rate, according to the latest AA British Insurance Premium Index.

Broker | 19 Jul 2010

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Senior hire marks Torus' entrance into PI market

Torus Executive Risks has entered the professional lines market with the appointment of David Robinson as professional indemnity manager.

Insurer | 16 Jul 2010

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Fortis invests in household risk offering

Fortis has invested in a new suite of computer models from technology provider Business Insight that are designed to predict the relative risk of claims for a number of insured perils across the UK.

Insurer | 15 Jul 2010

Gio Compario Hayley Parsons

Go Compare increases annual turnover by 53%

Go Compare has made a £12m profit during the 2009 financial year following the £4m loss recorded for 2008.

Broker | 12 Jul 2010

royal albert hall

The British Insurance Awards 2010 - winners round up

1800 people saw Allianz become general insurer of the year at the annual British Insurance Awards.

Insurer | 08 Jul 2010

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BeatThatQuote and MSN launch comparison site

Comparison website BeatThatQuote has secured a new partnership deal with MSN to set up financial price comparison site MSN Compare.

Technology | 06 Jul 2010

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E-commerce: Non-intermediaries set to muscle in on micro market

Brokers that fail to embrace technology-savvy trading risk losing their majority share of the micro commercial market.

Broker | 01 Jul 2010

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Scheme news: Recent product launches home in on over-50s sector

Recent product enhancements and launches indicate industry appetite in the over-50s sector is increasing.

Personal | 01 Jul 2010

shirtandtie

Schemes news: Multinational cover from Ace

Ace UK has introduced a multinational cover in order to address the compliance challenges faced by companies operating in multiple regulatory regimes.

Broker | 01 Jul 2010

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