Broker
Flood Re excluded parties given hope as government and industry bodies meet
Defra conducting research into issues faced by SMEs and leasehold properties
Brokers warn SMEs on underinsurance risk as online purchasing increases
Legislation complexity makes insurance obligations hard for firms to understand
RSA unveils changes to global broker function
Former Benfield Group general counsel Derek Walsh will take over responsibility for RSA’s global broker sales with key relationship managers following the retirement of Paul Donaldson at the end of the month.
Career file - Jon Walker: Axa hires Bluefin personal lines MD Walker
Bluefin personal lines managing director Jon Walker has left the broker after seven months to succeed Matthew Reed as Axa Intermediary managing director.
Hartley leaves Simply Business for Danish insurer
Former Simply Business product manager Robert Hartley is to join Danish insurer Qudos as an underwriter.
Market Moves - 26 June 2014
All the latest job moves in the insurance market
Higos teams up with NCI on pet insurance offering
NCI Vehicle Rescue has agreed a partnership with independent broker Higos Insurance Services to exclusively provide its network of branches with pet insurance.
Insurance Fraud Awards: Deadline approaching
With the deadline of this Friday (27 June) looming for the Insurance Fraud Awards, there is still time to be in the running to win one of these prestigious gongs.
ABI outlines Flood Re SME exclusion stance at Defra meeting
The Association of British Insurers reiterated its view there is no evidence SMEs have a problem accessing affordable flood cover at a meeting between government and representative organisations yesterday.
Non-standard cover available on Keelan Westall e-trading platform
Keelan Westall has made its ‘agility' non-standard cover available via its ‘dynamic' online e-trading platform for residential property risks.
Aon global power committee to be chaired by Waerseggers
Aon Risk Solutions has appointed its European power specialty leader Denis Waerseggers as chairman of its newly created global power committee.
C-Suite - Broker: Take control of social media
This is not another article on how insurance companies that are not embracing social media will fail, but beware: social media is not just about responding to unhappy customers on Twitter. A strategic approach can drive major bottom-line growth.
Faber CEO Howard departs to lead Willis-funded Acappella
Willis facultative and wholesale reinsurance arm Faber Global has named Alistair Lester as its incoming chief executive ahead of the departure of Jason Howard.
Marsh unveils cyber gap insurance in bid to beat exclusions
Global broker Marsh has teamed up with London market and European insurers to launch a cyber gap insurance offering in a bid to aid energy firms’ effective management of cyber risks.
Direct Group pens £4.5m products deal with Be Wiser
Doncaster-based insurance services firm Direct Group has signed a £4.5m deal with broker Be Wiser to provide “quality enhanced” products.
Brokers largely dissatisfied with mid-market claims performance
The issue of low quality outsourcing operations has been cited among areas insurers need to improve upon in a survey of 180 UK commercial claims brokers, in which only five companies received a net positive satisfaction score.
Footman James in classic car tie-up with Ageas
Footman James has launched a new insurance product for classic car owners in partnership with Ageas.
Lockton hires Duncan to head Scotland corporate risks team
Lockton has hired former Marsh and Aon broker Gordon Duncan as head of its corporate risks team in Scotland as it eyes further regional expansion.
Ecclesiastical embarks on broker roadshow
Ecclesiastical’s senior management has hit the road in a series of shows to meet brokers up and down the UK.
Axa hires Bluefin personal lines MD Walker
Bluefin personal lines managing director Jon Walker has left the broker after seven months to succeed Matthew Reed as Axa Commercial Intermediary managing director.
Willis & Co plans Irish expansion with new Coleraine office
Independent northern Irish broker Willis & Company has opened a new office in Coleraine.
Marsh predicts uptick in EMEA trade credit claims
Trade credit insurance claims are expected to rise in Europe, the Middle East and Africa throughout the remainder of 2014, as more firms across the region over-stretch themselves as they seek to capitalise on economic growth.
Underinsurance an issue for classic car owners as values soar
Owners of classic cars are being urged to review the value of their vintage vehicles amid claims that unprecedented appreciation has led to inadequate insurance coverage.
Ana Cap ties up deal for French broker Assur One
European financial services private equity firm Ana Cap has teamed up with company management to complete the buyout of French digital insurance broker Assur One Group.