Brit Insurance
My best 11 Simon Cooter, Brit Insurance
Brit Insurance’s director of market management and regional operations selects his Best XI for an insurance start-up, relying heavily on his colleagues, as well as celebrity businessmen and sporting superstars.
Market moves: Setting the trend
Insurer MMA was the main recruiter this week, with the firm naming five new staff across its regional office network. The moves set the trend among fellow underwriters, with high-profile appointments at Groupama, DAS and for Markel’s fledging operation…
Crash-for-cash in commercial motor a 'massive blind spot' for industry
The Insurance Fraud Bureau needs to take the issue of crash-for-cash involving commercial vehicles off the “back burner”, commercial motor insurers have warned.
Insurer regionalisation: Spreading your wings
A number of industry players have recently bucked the trend of rationalising, to open new regional bases. Is localism a pasing fad or here to stay?
Marketing: The power of advertising
Effective marketing can be a tough challenge for financial services providers and having a strong presence is not enough, it must also resonate with customers.
Post Blog: Brit and Windsor join RBSI in PE rumour mill
Private equity interest in the UK insurance sector has prompted a week of wild speculation, including an alleged £4bn bid for the insurance operation of part-nationalised bank RBS from PE house CVC.
Penny Black’s insurance week
Penny’s long-awaited trip to the British Academy of Film and Television Arts with Brit Insurance finally took place this week but the people at Bafta in Piccadilly must have missed the memo.
Brit adopts "one broker, one quote" approach
Brit Insurance is to enter into exclusive relationships with its partner brokers to avoid “mimicking competitors” on price.
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Brit Insurance being monitored after Douetil quits
Following the announcement chief executive Dane Douetil is stepping down from Brit Insurance Holdings, with effect from 27 October, Fitch Ratings has confirmed it will be monitoring the situation closely.
Brit Insurance being monitored after Douetil quits
Following the announcement chief executive Dane Douetil is stepping down from Brit Insurance Holdings, with effect from 27 October, Fitch Ratings has confirmed it will be monitoring the situation closely.
Douetil departs in Brit boardroom coup
The consultant advising Brit Insurance on future strategy, Mark Cloutier, is to replace the insurer’s current chief executive Dane Douetil from 27 October.
In series - Lloyd's & London Market: Social strengths
The CII’s London market faculty New Generation Group is downbeat about Lloyd’s adoption of social media. Post spoke to its members to find out why.
Brit acquires public entity package team from HCC
Brit has opened a new office in Richmond, Virginia to underwrite first dollar package business for the public entity sector.
Clear names Brent Escott as NED
Independent broker Clear Insurance Management has appointed Brent Escott as a non-executive director as part of the firm’s strategy to double its premium income to £50m by 2014.
Top 100 UK insurers supplement - brand analysis: Battle of the brands
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
Market moves: All change at the trade bodies
With insurer moves slower than last week, this week has seen a number of changes among the trade bodies, with the Chartered Institute of Loss Adjusters, the |British Insurance Brokers’ Association and Federation of European Risk Management Associations…
Argo International adds new non-executive board members
Specialty (re)insurer Argo International holdings has appointed Thistle director Peter Burrows and legacy specialist Phillip Grant as non-executive members of the board of Argo managing agency, which trades as Argo International.
Former Brit boss Burrows takes up Argo board member role
Former CEO of Brit Insurance Peter Burrows has been appointed non-executive board member of Argo Managing Agency.
Lloyd's in danger of being left behind in marine if it fails to evolve
Lloyd’s of London market needs to keep pace with changes in the marine sector as it moves towards greater transparency, says leading shipping underwriter.
Brit wants faster marine claims
London’s shipping insurance market needs to improve claims handling to mirror tighter corporate governance measures in the global container shipping industry, Brit has warned.
Liberty sets sights on ‘significant multiples’ of GWP
Liberty Mutual has doubled its gross written premium in UK commercial lines for the first half of the year, as it looks to open up a Leeds office.
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?
Keelan Westall offers to beat quotes
Wholesale property insurance broker Keelan Westall has launched a ‘guarantee to beat’ initiative promising to beat premiums by 10% for commercial property risks over £500 until the end of the year.