Brit Insurance
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised
Market moves: All change in the boardroom
Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively…
Hodges reunites with former Aviva colleague Egan as Patrick quits Towergate
Towergate Insurance has appointed Scott Egan as group finance director.
Brit appoints hull specialist from QBE
Brit Insurance has appointed industry specialist Bob Clarkson to be its senior marine hull underwriter, working closely with Simon Stonehouse, Anthony Forsyth and John Higham.
Brit expands hull team at Lloyd’s
Brit Insurance’s Lloyd’s syndicate has boosted its marine hull team with the appointment of Bob Clarkson as senior marine hull underwriter.
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Towergate continues to streamline insurer panels with Allianz and Brit deal
Allianz Insurance is poised to reap more than £40m of SME business in the next three years after regaining the lead position on the Towergate Commercial Underwriting panel.
Editor's comment: Slim pickings at Groupama
It didn’t take long for some insurers to begin sharpening their knives and forks, and start planning how they can prey on the perceived wounded animal that is Groupama UK.
Brit hires investment chief from IAG
Brit has recruited John Stratton from Insurance Australia Group to fill the newly created role of chief investment officer.
Brit reinsurance boss Turner quits as insurer merges divisions
Brit reinsurance boss Jonathan Turner has left the firm as the business merges its reinsurance and global markets strategic business units.
Brit launches PI product on Power Place
Brit Insurance has launched its professional indemnity cover on Power Place, following last year’s decision to make its D&O product available on the online commercial marketplace.
Post Intelligence Benchmarking: Financial & Professional Lines Insight Report 2011
Based on comprehensive input from over a 150 unique brokers of professional & financial risks, the Financial and Professional Insurers Insight Report 2011 delivers actionable insights on the 16 most used financial professional insurers.
PI broker launches commercial lines smartphone app
A professional indemnity insurance broker has launched a PI smartphone application that allows IT professionals to receive insurance quotes and buy cover.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Broker networks: New kid on the block
As Brokerdrive arrives on the scene, the debate over the merits of the traditional network model is revisited.
Ascot forms underwriting consortium for power generation
Ascot Underwriting has formed the Strategic Power Consortium, a dedicated technical underwriting vehicle for the power and utilities industry.
Brit restructure sees up-for-sale UK arm trimmed of Lloyd's business
Brit Insurance Holdings has confirmed that from the beginning of 2012, all of the group’s reinsurance and specialty business will be written by Lloyd’s Syndicate 2987 (managed by Brit Syndicates Limited).
Your say: Nothing left to fight for
Following the recent credit hire case of Darren Bent, and the alleged fraudulent activity of Autofocus, isn’t it time for all insurers to fully embrace the general terms of agreement protocol?
Fleet risk management: Risk on the roads
With government statistics showing a 7% annual increase in road accident fatalities during Spring 2011, should brokers be working harder on fleet risk management?
Interview - Edward Fitzmaurice: Broking promises
With Hastings Direct on the cusp of becoming a top five broker and securing its one millionth customer, 2012 could be a landmark year for chief executive Edward Fitzmaurice
Underwriting Service Awards 2011
The second annual Underwriting Service Awards ceremony took place at the Oval cricket ground, London, with more than 250 underwriters in attendance. The winners were determined by the feedback and views of intermediaries, who place risks on behalf of…
Editor's comment: Sales, sprinklers and statistics
Any reputable estate agent — excusing the potential oxymoron — will tell you the property market falls quiet in the run-up to Christmas, as potential vendors focus on the festivities ahead. Not so in the insurance market, with an unexpected end-of-year…
As Brit looks to sell UK arm, Simply Business attracts PE interest
Online broker Simply Business is expected to be targeted by a number of private equity houses and insurance firms, following the news that significant shareholder Brit Holdings is looking to sell its UK arm for £150m.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.