Alert Data News | Business | Companies | UK | Insurance & Assurance

Castle Personal insurance brokers Limited

Mon, 21 May 2012 08:21:55 +0100

Placed into administration - 18 redundancies - assets sold to Taylor Francis
Hertfordshire-based Castle Personal Insurance Brokers Ltd was placed into administration on 9 May 2012. All 18 employees have been made redundant. Joint administrators Tony Murphy and Paul Boyle of Harrisons have sold the assets of the firm to Buckinghamshire-based Taylor Francis Ltd. Castle Personal Insurance Brokers recorded turnover of £1.2m in 2010.

Aim Legal Expenses Insurance Services Limited

Thu, 17 May 2012 08:40:38 +0100

Relocates to new headquarters - restructuring strategy
Aim Legal Expenses Insurance Services has relocated to new headquarters in Stockport following a business review. The company has restructured into four divisions focused on insurance, legal, automotive and claims management sectors. Aim employs 18 staff and turned over £4.2m in 2011.

Towergate Partnership Ltd

Wed, 16 May 2012 08:56:28 +0100

Outsourcing contract agreed
Towergate Partnership has agreed an outsourcing contract with Keychoice Underwriting. Towergate Underwriting will assume responsibility for the underwriting, pricing, administration and claims handling of Keychoice Underwritings book of business.

Uk General Insurance Group Limited

Wed, 16 May 2012 08:20:33 +0100

Executive chairman appointed - ongoing business development
UK General Insurance Group has appointed a new executive chairman to help deliver further profit and business growth. Former Axa UK CEO, Peter Hubbard will replace Howard Posner in the executive chairman role. 2011 turnover £20.9m, 246 employees.

Legal & General Group PLC

Tue, 15 May 2012 09:00:03 +0100

Group Chief Executive Appointed - CFO Sought - £371bn Invested
Legal & General Group Plc have appointed Nigel Wilson as Group Chief Executive, successor to Tim Breedon. The company has invested £571bn worldwide and has over 7m customers.

CLUB CLASS INSURANCE SERVICES LIMITED

Tue, 15 May 2012 08:06:51 +0100

Recruitment underway - business growth
Sussex-based Club Class Insurance is recruiting new employees following growing demand for its services in the region. Its sister company, Club Class Chauffeurs is also expanding, and has recruited two apprentices and a number of new drivers. The insurance brokerage service is based in Eastbourne, where the administrative hub for the corporate chauffeur service is also based.

Quindell Portfolio Limited

Mon, 14 May 2012 11:04:50 +0100

£120m contract secured - potential new jobs
Hampshire-based insurance technology firm, Quindell Portfolio, has secured a £120m contract to provide services to the policyholders of major UK insurers. Provision of the services, which include legal services, medical reporting, rehabilitation and accident management, is expected to contribute £120m to group revenue over three years and could create jobs.

Aviva PLC

Fri, 11 May 2012 09:00:04 +0100

Seeking new chief executive - business review
Aviva is seeking a new chief executive to replace Andrew Moss who is leaving the group. John McFarlane will assume executive duties with immediate effect and will implement a review of all Aviva's businesses and investments.

Reliance Mutual Insurance Society Limited

Fri, 11 May 2012 08:52:30 +0100

Business restructuring - Seeking more transparent approach
Reliance Mutual has written to its 250,000 customers seeking approval on restructuring the way its business operates and uses policyholders' funds. The company proposes to take a more transparent approach to how with profit policy holders will be paid final bonuses from Reliances surpluses. Mark Goodale is the chief executive.

The Jelf Group Plc

Fri, 11 May 2012 08:00:08 +0100

Strong financial performance - earnings up 5% to £4.4m - ongoing business growth
The Jelf Group recorded a strong performance for the six months to March 2012 with revenues of £35.2m, in line with the previous year, and earnings up 5% to £4.4m. Revenues in the insurance business increased 4% to £23.3m. Progress is expected to continue, through investment in growth and a focus on cost efficiencies.