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News

Towergate opens in North East

T

owergate Underwriting has opened a new office in

Newcastle to serve brokers based in the North East and Cumbria. A team of locally recruited underwriters is led by branch manager Jon Hipkin.

At an official launch event held at the Sage Conference Centre, Gateshead, attended by some 80 people, many of them local brokers, Clive Nathan, CEO of

Towergate Underwriting, said: “This new underwriting presence demonstrates a significant investment in supporting brokers locally at a time when many of the larger insurers are downsizing or moving out of the regions. We can now give our brokers in the North East and Cumbria access to local underwriters who really understand their business and who they can trade with face to face.”

CarolineWebster scoops achiever award

Higos Insurance Services employee Caroline Webster has won The Insurance Institute of Bristol Achiever Award for 2010. This annual award searches for the region’s brightest stars from the insurance and financial services industry. The award is sponsored by Idex Professional Recruitment.

Higos managing director Ian Gosden says Caroline has achieved significant development

since joining Higos. “This is a deserved reward for Caroline’s tremendous attitude; she is always spoken about positively by staff and clients alike. Caroline’s academic achievements are excellent and she continues to demonstrate a hunger to learn more. She has developed her skill base within the business, whilst performing a variety of tasks which have benefited the company enormously.”

HMRC warn re April changes

H

M Revenue & Customs reminds businesses of major changes to

VAT, PAYE and corporation tax processing coming in 1 April 2010. VAT-registered traders with annual turnovers of £100,000 or more (excluding VAT) will have to file their VAT returns online and pay their VAT electronically, while all businesses registering for VAT from April will have to file returns online and pay electronically.

20 insurancepeople APRIL 2010

RSA issues surge warning

I

nsurer RSA is warning companies that have

downsized during recession to prepare for the risks that a sudden surge in big and untypical orders will bring. As new figures from the EEF (The Manufacturers Organisation) reveal growth in manufacturing output and orders, RSA’s Jon Sellors, UK head of communications says “With news that the manufacturing sector is improving, competition

for orders will be fierce and many companies may

overpromise to secure contracts. Those companies that do manage to meet the order may do so to the detriment of their employees, and those that fail could face significant reputational damage. It is essential that companies approach their insurance broker for risk management advice in order to best take advantage of this current industry growth.”

See www.rsaconnect.rsagroup.co.uk/portal/UKHome.asp

BIBA open up PMI

The Private Medical

Insurance Group of the British Insurance Brokers’ Association (BIBA) will broaden its remit to include areas such as income protection, critical illness, and group life insurance in addition to private medical insurance. The group will change its name with immediate effect to the Health Insurance Focus Group. BIBA is inviting large, medium and small members who are involved or specialise in healthcare insurance issues to

join the Health Insurance Focus Group, and aims to include a cross section of members to represent all issues of health care. The group’s chairman Glen Smith says, “By widening the remit of the group we will now be representing many more of BIBA’s members who have a healthcare focus and I look forward to engaging with them. The structure of the group means that any member who joins, large or small, will have an equal share of voice.”

A free “Super Podcast” highlights the changes, plus the need for all employers to file annual returns online from this spring; new penalties for late payment of PAYE being introduced in May; and changes to corporation tax filing and payment coming in next year.

The HMRC Super Podcast can be downloaded at www.hmrc.gov.uk/podcasts Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36
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