1) M6A bosses get sentenced for three years. Jayson Hollier
and Andrew Booth were sent to prison for trading fraudulently + perjury at Warwick crown court. The
underwriter agency 'Shakespeare" went Bankrupt owing insurers £2million
2) Carroll London Markets has sold out a large share holding
to PSC who will now own the controlling interest
3) IF deal to buy direct lines foes through, NIG may be sold
off as a separate commercial proposition
4) Business Insurance 24/7 to speak with equity houses and
private investors to expand its European and worldwide online multi quote
software via brokers networks specialising in Professional Indemnity and Commercial
Insurance
5) RSA states that recent floods in the UK could cost
them £50million
6) Barbon will change its procedures after problems with its
"Homelet" Insurance products
7) Professional Insurance Agents Ltd launch 3 new schemes
with leading insurers a LLP insurance for partners, a personal accident policy
and a excess buy back and that can be purchased via network of its 200 brokers
and from its Directors and Officers insurance and Professional Indemnity
Insurance websites.
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