Broker
Chinese broker given suspended death sentence
Chen Yi, former general manager at broker Shanghai Fanxin Insurance, has been given a suspended death sentence after being found guilty of mis-selling.
Towergate tight-lipped on potential job losses after Berwick office closure
Towergate staff based in Berwick have been informed they will need to consider roles elsewhere after the firm made the decision to close its borders-based office.
Rias founder Holden eyes £50m GWP with start-up broker
The founders of over 50s insurer Rias and Insure 4 Retirement have launched a Hampshire-based direct to consumer broker with the expectation of surpassing £50m in annual written premiums within five years.
Motor stabilisation ‘overplayed’ says Berenberg as it downgrades Esure
Equity analyst Berenberg has downgraded Esure from 'buy' to 'hold', citing "near term dynamics" in the motor market as an issue that is expected to impact the firm.
Ten looks back at the past decade
The financial crisis, broker consolidation and the rise of e-trading - Ten's Malcolm Lee looks back at the years since the company opened its doors
Blog: Can Towergate really wait a year for Ross to join as CEO?
What a week. But are we still really any clearer about David Ross’s appointment as CEO of Towergate Group?
Willis Q4 2014 net income grows 11.8% against full year drop
Willis Group has reported a net income for the 12 months ended 31 December 2014 of $362m (£237m), a decrease from its 2013 result of $365m.
Editor's comment: The right candidate for the job?
Last week I advertised for a CEO for Towergate, calling for someone with broking experience and a firm hand.
Gallagher warned to batten down the hatches as Ross targets Towergate turnaround
David Ross’s success as Towergate CEO will hinge on the nature of the executive team he is able to assemble, according to market insiders, who have suggested Arthur J Gallagher International should brace itself for a raid on senior staff.
DIS 2015 - Speaker: Paul Wishman: group e-commerce director, LV
Paul Wishman joined LV in March 2007 and is responsible for the company’s digital channels including websites, aggregators partners, digital strategy and operations.
Career Development: DNA launches CII Cert programme
Niche broker DNA Insurance Services has launched a company-wide programme to enable its staff to study and achieve the Chartered Insurance Institute Certificate in Insurance qualification.
DIS 2015 - Speaker: Gordon Rutherford: head of marketing & e-commerce, Axa
Gordon Rutherford heads up marketing & e-commerce for Axa Business Insurance.
Towergate appoints CFO Egan as interim CEO
Towergate has appointed chief financial officer Scott Egan as interim CEO, following news of David Ross’ departure.
Legal update: The effect of the Insurance Act
David Hertzell explains the significant changes on the horizon when the Insurance Act comes into force
Interview: Brendan McCafferty: Closing the floodgates
With just months to go until Flood Re is expected to be operational, CEO Brendan McCafferty gives Post a run-down of what he and his team need to achieve
Pet Insurance: Protecting a growling market
The UK pet insurance market has exploded over the past few years and is expected to continue to grow. But just how do insurance companies build on this without falling prey to unscrupulous operators?
Ex-Gallagher boss Ross begins Towergate journey after Highbridge confirms swoop
David Ross, CEO at Arthur J Gallagher International, has resigned after 25 years at the broker to join Towergate's investment vehicle.
David Ross: the almost single company man who is leaving Gallagher for Towergate
Painted as a one company man, outgoing Arthur J Gallagher International boss David Ross revealed to Post four years ago this was not the case.
Aon creates SME division and strengthens affinity offering
Aon Risk Solutions has launched an SME division bringing together small-business focused areas enterprise and partners, in a bid to broaden its client proposition and create a centre of client excellence.
CFC launches new piracy cover with quote-and-buy portal
CFC Underwriting has launched a new marine piracy product, designed to streamline the quoting and buying process.
Principal to open Dublin office after Yorkshire Bank backing
Manchester broker Principal Insurance is to open a Dublin office in spring offering a range of motorcycle insurance products.
MMC CEO Glaser hails 'outstanding performance' of broking arm Marsh
Marsh & McLennan’s risk and insurance services business has reported revenue of $6.9bn (£4.5bn) in 2014, an increase of 5%, or 3% underlying revenue growth.
Towergate's Lyons hails creditor deal as ‘vote of confidence’ in the broker
Alastair Lyons, Towergate interim CEO, has hailed the deal reached with secured and unsecured creditors as “a vote of confidence” in Towergate and its future strategic plans.
Towergate confirms unsecured bondholders to purchase majority share
Towergate has confirmed that it has reached an agreement to be acquired by its senior unsecured creditors.