Daily Insurance Industry News
 
 
Daily Insurance Industry News
Wednesday 13th of December 2017
October 22, 2012

Partnership appoints CFO

by Gill Montia

Story link: Partnership appoints CFO

Partnership, which specialises in life and pension products for people whose life expectancy is likely to be reduced, has appointed David Richardson as its new chief financial officer. Mr Richardson joins from closed life fund consolidator, Phoenix, where he was group chief actuary and responsible for restructuring a £70 billion balance sheet plus overall capital […]



September 6, 2012

LV= partners RAC with protection products

by Gill Montia

Story link: LV= partners RAC with protection products

LV= has signed a five-year partnership agreement with motoring service provider, RAC. Through LV=, RAC will offer its customers a telephone-based advice service on protection products (income protection, critical illness and life cover) and issues such as inheritance tax planning. Customers will also be able to purchase term life and 50 Plus products via the […]



June 22, 2011

NEST announces retirement panel providers

by Gill Montia

Story link: NEST announces retirement panel providers

The National Employment Savings Trust (NEST) has named its retirement panel providers as follows: Canada Life, conventional and enhanced retirement income products; Just Retirement, enhanced retirement income products; Legal & General, conventional and enhanced retirement income products; Partnership, enhanced retirement income products; Reliance Mutual, enhanced retirement income products specifically for those who smoke. According to […]



December 22, 2010

Aviva renews Italian bancassurance partnership

by Gill Montia

Story link: Aviva renews Italian bancassurance partnership

Aviva and UBI Banca, Italy’s fifth-largest bank, have renewed their strategic partnership in the life insurance sector, until the end of 2015. Terms of the agreement are unchanged and involve the distribution of Aviva life insurance products through 1,151 branches of UBI Banca subsidiaries: Banca Popolare Commercio and Industria, Banca Popolare di Bergamo, Banca Carime […]



November 24, 2010

Towergate Healthcare acquires Origen business

by Gill Montia

Story link: Towergate Healthcare acquires Origen business

Towergate Healthcare has acquired the healthcare business of AEGON-owned IFA Origen Financial Services. The transaction involves a strategic partnership that will see Towergate provide healthcare services to Origen’s clients. According to Towergate Healthcare managing director, Tina Jennings: “The profile of customers currently taking specialist healthcare insurance advice from Origen is a perfect fit with our […]



November 23, 2010

Jelf partners IMechE with a focus on liability

by Gill Montia

Story link: Jelf partners IMechE with a focus on liability

Jelf has entered into an affinity partnership with the Institution of Mechanical Engineers (IMechE). Under the agreement, the broker will create a range of products exclusively available to IMechE’s 90,000 members and specifically tailored to the needs of those working in the industry. According to Jelf, increasing health and safety legislation has made it critical […]



July 8, 2010

Fortis and AmEx team up on motor and household insurance

by Gill Montia

Story link: Fortis and AmEx team up on motor and household insurance

Fortis Insurance and American Express have announced a five-year strategic partnership to provide motor and household insurance products to American Express customer in the UK. For Fortis, the agreement follows on from a number of significant new affinity deals during 2009 and will further complement its multi-channel distribution strategy. The insurer’s UK managing director, Andy […]



July 7, 2010

Chaucer partners ScandIns in Scandinavian energy market

by Gill Montia

Story link: Chaucer partners ScandIns in Scandinavian energy market

Chaucer Syndicate 1084 has formed an energy partnership with ScandIns (Scandinavian Insurance Management Company), which was established in Norway in 2009 and has been operating as an energy underwriting representative for Chaucer Syndicate 1084, since January. The company has now received approval in the UK to act as official underwriting agent for Lloyd’s, underwriting energy […]



June 4, 2010

Two UK brokers join Assurex network

by Gill Montia

Story link: Two UK brokers join Assurex network

Assurex Global, the independent insurance broker network, has added two new members in the UK. Liverpool-based Griffiths & Armour and London-based Miller Insurance Services are accompanied by Associated Insurance Consultants of the United Arab Emirates. The three join the 103 independent brokers around the globe that have been selected by Assurex Global on the basis […]



April 8, 2010

CGM Gallagher and Zenith merge Caribbean commercial businesses

by Gill Montia

Story link: CGM Gallagher and Zenith merge Caribbean commercial businesses

Caribbean insurer, CGM Gallagher Group, has merged its commercial insurance broking portfolio with that of Jamaica-based Zenith Insurance Brokers. In recognition of the partnership, Zentih managing director, James Pawson, is being appointed to the board of CGM Gallagher Insurance Brokers Jamaica Limited. The move will also see Zenith’s Montego Bay office branded under the CGM […]



February 10, 2010

Cardif Pinnacle MPPI provider for Yorkshire BS

by Gill Montia

Story link: Cardif Pinnacle MPPI provider for Yorkshire BS

Cardif Pinnacle, the UK insurance arm of banking group BNP Paribas, has been named mortgage payment protection insurance provider to Yorkshire Building Society. According to the lender, the five-year agreement has been awarded because the parties share a similar approach to business, including a partnership approach to fulfil mutual ambitions and a strong desire and […]



January 5, 2010

Carole Nash partners Harley-Davidson Financial Services

by Gill Montia

Story link: Carole Nash partners Harley-Davidson Financial Services

Carole Nash has secured a three-year partnership with Harley-Davidson Financial Services (HDFS). The motorcycle insurance specialist will be providing cover for 7,500 existing policyholders who will benefit from upgrades including UK and European breakdown insurance and legal protection of up to £50,000, as standard. According to Carole Nash chief executive, David Newman, the agreement will […]



January 4, 2010

Towergate Risk Solutions secures Bannatyne contract

by Gill Montia

Story link: Towergate Risk Solutions secures Bannatyne contract

Towergate Risk Solutions (TRS) Teesside has secured a three-year partnership with Bannatyne Group, the fitness centre and hotel chain. Under the terms of the agreement, TRS Teesside will advise the group on all their insurance and risk management requirements. Commenting on the deal, Bannatyne managing director, Nigel Armstrong, says: “Following a change of personnel at […]



September 29, 2009

Direct Travel Insurance and Holiday Extras team up

by Richard Kilner

Story link: Direct Travel Insurance and Holiday Extras team up

Direct Travel Insurance and Holiday Extras have made an agreement to offer airport parking and hotel booking facilities via its website. Web users browsing Direct Travel Insurance’s site will be able to pick from a selection of competitive quotes on airport parking and hotels within the UK. Holiday Extras Account Manager James Lewis has stated […]



September 22, 2009

Amlin partners ERC in European club rugby deal

by Gill Montia

Story link: Amlin partners ERC in European club rugby deal

Amlin has entered into an initial three-year partnership with ERC, the body that organises European club rugby’s two cross-border tournaments. Under the agreement, the Lloyd’s of London insurer will support the growth and development of elite European Club rugby across Europe, becoming a Premium Partner to the Heineken Cup and the new Title Partner of […]



September 15, 2009

Willis HRH and Concentra reduce healthcare costs

by Richard Kilner

Story link: Willis HRH and Concentra reduce healthcare costs

Willis HRH has announced that its Employee Benefits Practice has formed a partnership with US-based healthcare firm Concentra to provide adaptable, tailored solutions to reduce healthcare costs and enhance the employee health management of Willis client companies. In collaboration with Concentra, Willis HRH is able to benefit from a fresh perspective and offer an improved […]



First Senior Group and Unique team up

by Richard Kilner

Story link: First Senior Group and Unique team up

First Senior Group has teamed up with Unique, Heath Lambert’s specialist insurance scheme catering for those with pre-existing medical conditions, in a deal which will see First Senior Group’s members provided with life assurance, home, travel and motor insurance. First Senior Group was established 15 years ago and specialises in mobility insurance and mobility finance. […]



September 11, 2009

Tesco and Fortis complete partnership

by Richard Kilner

Story link: Tesco and Fortis complete partnership

Tesco Personal Finance Plc (TPF) and Fortis (UK) Ltd have formalised their partnership to provide motor and home insurance. The deal was first announced in June, with Fortis replacing RBS-owned UKI Partnerships, the former partner of Tesco. Under the agreement Fortis will provide underwriting expertise and claims management with Tesco handling retail pricing, sales and […]



August 21, 2009

Fortis secures £20m Toyota contract

by David Masters

Story link: Fortis secures £20m Toyota contract

Fortis Insurance UK has won a £20 million contract to provide car insurance to Toyota customers. Fortis said the deal, agreed with Toyota’s UK insurance partner Aioi, will help it build on its position as the UK’s third largest motor insurer. Aioi Motor and General will continue to underwrite claims, while Fortis will take charge […]



June 26, 2009

Fortis secures Tesco contract

by David Masters

Story link: Fortis secures Tesco contract

Tesco’s motor and home insurance policies are to be underwritten by Fortis following a partnership agreement between the two firms. The deal is set to create up to 1,500 UK jobs, with premiums sold by Tesco worth an estimated £500 million per year. Fortis will replace RBS-owned UKI Partnerships as Tesco’s insurance partner if the […]