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BIBA 2012: QBE boss Greaves talks up broker renewals following Brit deal
Broker support of the QBE takeover of Brit has been described as "extremely positive" by the insurer's head of SME, David Greaves, who has recorded contract retention rates of around 95%.
Insurer |
16 May 2012 
Friend or Foe: Q&A with Accident Exchange CEO Steve Evans
Steve Evans has spent four years bringing the activities of rate surveyor Autofocus to light, making him an unpopular figure in insurance circles.
Insurer |
15 May 2012
Market moves: Liberty and Garwyn lead the pack
Insurer Liberty Mutual and loss adjuster Garwyn were the main movers and shakers this week, with LMI officially opening its new office in Leeds and recruiting four new members of staff.
Insurer |
01 May 2012
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
Insurer |
01 May 2012
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Insurer |
01 May 2012
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Robson named to head up claims at Brit
Brit Insurance has announced that Steve Robson, subject to Financial Services Authority approval, is set to take up the role of group head of claims.
Insurer |
25 Apr 2012
R&Q could eye a partner for Brit run-off
Run-off specialist Randal & Quilter has indicated it could be interested in taking over the Brit business put into run off after QBE takes over renewals in the UK, but said it expected to focus on a stream of profitable smaller run-off deals.
Insurer |
19 Apr 2012
Post blog: musings on management movement at QBE/Brit
Three years ago in conversation with a senior figure at QBE they commented enviously about Brit’s cricket sponsorship, and how it had helped raise the profile of its Lloyd’s rival in tandem with England’s own recent success.
Insurer |
11 Apr 2012
Post magazine - 12 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurer |
11 Apr 2012
QBE move for Brit secures broker backing as deal doubles regional GWP
Acquiring Brit UK's renewal rights is Australian insurer QBE's biggest UK deal in more than 10 years, and signifies its commitment to becoming a major player in the regional broker market insuring SMEs.
Insurer |
10 Apr 2012
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Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while also serving as cautionary tales against potential fallout from familial difficulties in modern times.
Insurer |
10 Apr 2012
AM Best downgrades Brit after QBE sale
Rating agency AM Best has downgraded the financial strength rating of Brit Insurance Limited to 'A- (Excellent)' from 'A (Excellent)' and the issuer credit rating to 'a-' from 'a' and placed the ratings under review with negative implications.
Insurer |
05 Apr 2012
Simply Business says no to MBO
Simply Business will not undergo a management buyout despite QBE taking over trading relations from Brit.
Lloyd's/London |
04 Apr 2012
Broking bosses widely supportive of QBE swoop for Brit
New Oval chief executive Peter Blanc has expressed his “delight” after hearing the news that Brit’s UK regional business has been snapped up by QBE, rather than falling into the hands of a domestic rival.
Insurer |
04 Apr 2012
Brit CEO insists it will retain stake in Simply Business despite UK arm sale
Brit has insisted it plans to keep its shareholding in online intermediary Simply Business despite selling its regional retail business.
Insurer |
04 Apr 2012
Comment
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Events
2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Towergate commits to Power Place as former bosses unveil new ventures
Post |
22 May 2012
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
Post |
23 May 2012
Law report: Court refuses to interfere in specialist tribunal decision on dentist's misleading of patient
Post |
22 May 2012
Household to become 'new motor' as insurers warn of price hikes to come
Post |
22 May 2012
Communicating Change: Preparing to be purchased
Post |
22 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...