Articles by Will Kirkman
Biba to outline benefits of flood SME scheme to parliament
The British Insurance Brokers’ Association will outline the benefits of its small to medium enterprise flood scheme in parliament later today.
Neon launches marine and offshore construction consortium
Neon has launched a marine and offshore construction consortium, underwritten by Mireille Dolonen.
NFU Mutual sees underwriting profit drop 46% in 2016
NFU Mutual saw underwriting profit drop by 46% last year, to £151m from £281m in 2015.
QBE Australia appoints Jon Fox as general manager of claims
QBE Australia and New Zealand has appointed Jon Fox as executive general manager of claims.
Randall & Quilter acquires Bermudian captive Linco
Randall & Quilter has signed a sale and purchase agreement to acquire captive insurer Linco from Ameripride Services and Alsco.
Ogden cut to wipe £50m off Traveler's Q1 2017 results
Travelers expects to record an increase to prior year loss reserves of approximately $62m (£50m) in Q1 2017 as a result of changes to the Ogden discount rate.
XL Catlin partners with Startup Bootcamp
Insurtech accelerator Startup Bootcamp has entered into a partnership with XL Catlin.
Ogden rate change goes live at minus 0.75%
The Ogden discount rate changed today from 2.5% to minus 0.75% following the Lord Chancellor's announcement last month.
ABI blasts 'fake news' report on falling whiplash claims
The Association of British Insurers has branded a Capital Economics report into the falling rate of soft tissue injury claims as “fake news”.
Ogden change could raise reinsurance rates by 400%
Higher layer reinsurance rates could increase by up to 400% as a result of the change to the Ogden discount rate, experts say.
Invicta acquires Priory Brokers' GI portfolio
Invicta Insurance Services will acquire the entire general insurance portfolio of Priory Insurance Brokers in April for an undisclosed amount.
Pool Re: The changing face of terrorism
The number of terrorist incidents on UK soil has dropped since Pool Re was set up, with Irish republican paramilitary attacks giving way to less frequent strikes by radical Islamic terrorists, however, the threat to the country remains as severe
Simply Business dedicated to growing UK headcount following Travelers acquisition
Simply Business remains committed to growing staff levels in the UK following its acquisition by Travelers.
Travelers acquires Simply Business for $490m
Travelers has agreed to acquire Simply Business from Aquiline Capital Partners for approximately $490m (£401m).
Group CEO of HBH and Tysers stands down
Chris Elliott, group CEO of Hawkes Bay Holdings and its subsidiary Tysers, has stood down.
Minster Law to close York office
Personal injury firm Minster Law will close its York office and offer the approximately 300 affected staff positions in Wakefield, although some site-specific roles will no longer be required.
ICO fines nuisance call firm using customer data from brokers
A Hampshire company that made 22 million nuisance calls has been fined £270,000 by the Information Commissioner’s Office.
Autofocus trial continues as defendants give evidence
The trial against former Autofocus employees for contempt of court continued today at the Royal Courts of Justice.
ABI blasts government over 'extraordinary' discount rate costs to NHS
The government has set aside £5.9bn to “protect the NHS” from changes to the Ogden discount rate, the Chancellor confirmed today in his speech on the Spring Budget.
Chancellor’s budget of ‘little comfort’ to insurers
Chancellor Philip Hammond's Spring budget is of "little comfort" to insurers due to recent insurance premium tax hikes, trade bodies say.
Choice Insurance partners with Salvation Army GI
Choice Insurance Agency has partnered with Salvation Army General Insurance to enable Choice to provide Sagic policies to the broker market.
Interview: Ross Barrington, Markerstudy
Ross Barrington was recently appointed managing director of retail at Markerstudy. Will Kirkman sat down with him to discuss what lies ahead for him and the group.
'Unknown impact' of discount rate cut to hit later in the year
Direct Line expects the "unknown impact" of the government's decision to cut the Ogden Discount rate to be felt later in the year when reinsurance costs are renegotiated.