Barclays Staff Prepare to Resign - 29th June 2012

- Brendan McManus CEO of Giles who is well known in the Insurance market, has taken to the new job at Giles after his departure from Willis, leaving dear old Joe Plumeri and his bad tempers behind, in December he has the big job cutting the £37.4 million loss and has already said that flotation is out of the question at present.

- Groupama UK faces problems with the recent down grading of their parent company with standard and poor's giving the company a junk status. brokers are now becoming very worried and whether they should place business with Groupama.

- Rupert Villers of Aspen Insurance moves from Co- CEO to chairman of the company and president of Aspen International.

- Some contracts maybe exempt from solvency II Brussels may soften the impact of the new directive.

- Aviva appoint Sandra Stewart as there national sales manager.

- Professional Insurance Agents Ltd, new trading online Multiquote and Buy company Business Insurance 24 7 appoint 2 new members of staff in their IT department. CEO Graham Hearsey and Chief operating officer Graham Wallace said "we are flat out on software products both in the UK and internationally, and we need to expand our Insurance products and panel of suppliers, out IT staff will now write code for scheme on Professional Indemnity Insurance, Directors & Officers and Commercial Combined not only in the UK we are working in Italy the Netherlands and Canada on some very exciting online product for both insurers and brokers."

Insurance News - 27th June 2012

1. Aviva have great products and an excellent brand name to push through a great online quote and buy option.

2. AXA have recently entered the B2C markets with professional indemnity insurance products.

3. Markel have also decided to offer online products such as professional indemnity and public liability insurances direct to the SME market.

4. Professional Insurance Agents Ltd have always been in the B2C market for SME, offering a wide range of commercial products such as office insurance, commercial combined and public liability covers.

5. Software houses have become brokers and software houses with companies like APC, CETA, Powerplace and Iprism are all offering brokers a range of SME products.

Professional Insurance Agents Ltd- 26th June 2012

Professional Insurance Agents Limited has just started its advertising campaign which will include its new branding Business Insurance 247, Ellie Hearsey and Kelly Fyfe Directors of the company said that's so far when we have been visiting Brokers and Insurance Companies that the Business Insurance 247 new logo and branding have been received very well and credit to our designers who's adverts and emarketing strategy has clearly set us apart from other suppliers of online multi quote and buy systems.

Insurance apps - 26th June 2012

The insurance industry is just waking up to the idea that smartphone apps maybe of great help to them when selling insurance products such as public liability and travel insurances although it is true to say that there are a few companies who have developed app facilities although it is still a very new concept For many insurance companies and brokers to get to grips with.

Those companies who welcome the development and idea of selling it's services via smartphone apps and tablets will be the winners as the new generation and users of this technology will not be going to brokers but using their phones to purchase insurances.

One such broker who has produced a commercial insurance app for android, blackberry a iPhone is "smartyapps" a trading name of professional insurance agents ltd who said 'we as an industry need to understand the changing face and buying habits of people if we are going to compete in this new world of technology.

Insurance Companies- 26th June 2012

Large insurance companies will now be looking at the solvency II arrangements with moodys very pro-active in looking at the grading of insurance companies and banks, many of which have been down graded.

Insurance News - 25th June

1) After his sacking from Swindon Peter Halpin states he is ready to go back into the insurance industry and maybe joined by other board members Anthony Clare and Nick Bowyer

2) Rob Wright has been appointed by MCE Insurance to his new role as customer action team manager.

3) Jelf Insurance brokers grab James Balfor to help with their new affinities schemes.

4) LV takes on Wendy Mayall as their new Chief International Officer.

5) Professional Insurance Agents Ltd appoint new managers to their Professional Indemnity department. Sonia Shoebridge & Katy Shailer, in addition Tamzin McGrath will head up the commercial Insurance department, looking after the companies Directors & Officers Insurance, Corporate Office Insurance and overseas Public Liability arrangements.

Insurance News - 22nd June 2012

1) A recent insurance survey suggest that there is a lot of scope for setting up schemes.

2) The Deutsche Bank has decided to sue 26 insurers for £1million claiming that insurance companies involved in 2008-2009 should pay out for a law firm that the bank successfully sues for negligence.

3) Professional Insurance Agents Ltd reveals new deal with leading insurers to provide excess buy back policies with new Professional Indemnity Insurance products for "Green & Environmental types business"

4) Mobile phone technology to be used to sell Directors & Officers and Public Liability Insurance

Off Shore Tax Havens Being Targeted by Government - 21st June 2012

Film scheme are being used to help wealthy investors avoid tax in the UK.

The Inland Revenue are currently investigating a large number of film schemes where it is know thousands of very rich people are using these schemes to avoid paying UK tax. Jimmy Carr has been singled out by the Prime Minister David Cameron, suggesting that it is "not morally right" for stars and rich wealthy people to avoid tax payment while ordinary people pay their taxes.

GP's Go on Strike Today - 21st June 2012

GP's and hospital Doctors go on strike today over the Government pensions proposals where they want Doctors to contribute more towards the cost of their retirement, even thought GP's and Doctors get the highest retirement deal in the public sector.

Todays Insurance News - 20th June 2012

-Lloyds gives dutch Insurers more areas to do business with them.

- Arron Banks of Brightside resigns and Martyn Holman get job.

- Giles snaps up COO of Brightside Simon Pearce

- Professional Insurance Agents Ltd takes on its international Quote and Buy software platform. Graham Hearsey their CEO states that "it is a very important area to develop in, we need to train up more IT staff for the demand from Europe and Internationally for websites that can offer SME's Commercial Insurance Products like Professional Indemnity Insurance, Public Liability and Office Insurance via our online systems."

Eurozone Must Sort Out its Problem Say Leaders at G20 - 19th June 2012

The Eurozone has to sort out the problems it has leaders urge, however Jose Manuel Barroso stated a pointed figure at other countries stating that "the crisis was not originated n Europe".

The debt has to be sorted or it could lead to the "single risk for the world economy". While Mr Samaras of the new democracy party newly elected in Greece call for terms of the bailout to be amended Angela Merkel the German Chancellor appeared to dismiss the idea .

David Cameron urged the Eurozone leaders to sort out the problems quickly. Small businesses, investors, and the banking system will all suffer if the Eurozone leaders don't get their act together said Graham Hearsey CEO of Professional Insurance Agents Ltd a leading financial lines broker in the UK and Europe other leading business leader said "all very well hosting a G20 meeting, but would leaders should stop playing with the Euro crisis and act now, that's what they were elected to do".

Todays Insurance Update - 18th June 2012

- Micro and SME businesses targeted by major Insurance companies, by offering direct cover and via B2B Systems, AXA, NIG, Aviva, Markel, RSA and many other insurance now can offer both B2C & B2B systems.

- Many brokers who operate in the SME areas also offer online multiquote facilities with companies like Willis, Towergate and Professional Insurance Agents Ltd, who offer Commercial Insurances such as Professional Indemnity Insurance, Public Liability and Directors and Officers Insurance.

- Hiscox offers a new Professional Indemnity Product focused on green type consultants and business involved with garden design training and coaching on health and safety.

Today's Insurance News - 12th June 2012

1) The recent rain fall and flooding in the UK will cost insurers significant costs and rate increases and covers may well be reviewed according to Deloitte Insurance Boss.

2) SSP appoint new chairman Nick Discombe bringing his worldwide experience in the technology businesses.

3) Professional Insurance Agents Ltd , C.E.O. Graham Hearsey in talks with several London market insurers about offering Professional Indemnity Insurance and Directors & Officers Insurance to their Dutch broker partnership.

4) Over one third of corporate companies do not seem to have any terrorism cover.

5) Simple Insurance Acquired by Direct Group. The simple insurance company supplied landlord and caravan insurances and travel covers mainly from the internet.

Todays Insurance News - 8th June 2012

- Steve Hardy steps away from his role as CEO of AXA personal lines.

- Mamo Greco CEO of Zurich Insurance Group general insurance has returned to Italy to take up a role as CEO at Generali Group.

- Settlement with Covea after the sacking of the Swinton former executive team.

- Professional Insurance Agents Ltd CEO Graham Hearsey seals new deal with professional indemnity insurers to supply cover for sole traders and smaller solicitors.