AIG airline deal
AIG Europe has won the contract to supply travel insurance to low cost regional airline Thomsonfly.
AIG airline dealAIG Europe has won the contract to supply travel insurance to low cost regional airline Thomsonfly.
Towergate dealTowergate has confirmed it has signed heads of agreement for the acquisition of motorbike specialist Mitchells, as reported in Insurance Times last week. The deal will give Towergate just over 20,000 policies.
Broker Direct entryZurich is backing Broker Direct's re-entry into the motor market in Northern Ireland.
Alea's new dealAlea London Ltd, a wholly-owned subsidiary of the group, has reached separate agreements with Endsleigh Insurance Services and Kinetic Underwriting Concepts to launch a range of motor insurance schemes for the UK market.
New Giles officesGiles Insurance has made a cross border raid, opening new offices in Manchester, Newcastle and Warwick.The Glasgow-based company now has 18 offices employing 300 people.The three companies are expected to bring in £6m per year in premium income during the first year of trading, said Giles.
Pavilion AIM listingThe broker behind Musicguard, Photoguard, Cycleguard and Journeyguard is set to list on AIM next month.Pavilion Insurance Network has raised about £1.1m via a placing. Pavilion said it was looking to develop further specialist solutions towards the end of 2004.
New DWP ministerJane Kennedy has been appointed to replace Des Browne as minister for work in the Department for Work and Pensions (DWP). In her new role Kennedy will oversee the government's continuing work on employers' liability insurance.Since 2001, Kennedy has served as minister of state in the Northern Ireland office.
