Broker
Brokerbility wraps up Fehnert acquisition
Brokerbility has confirmed a deal to acquire East Midlands broker Fehnert, as well as recruiting a new member to its broker group in the South West.
Lonmar picks Q360 casualty boss for P&C MD role
Lloyd’s broker Lonmar Global Risks has recruited Q360’s head of casualty to helm a combined P&C division.
Swinton acquires Harrogate insurer's GI book
Swinton has acquired the general insurance book of Harrogate-based insurer Harrington Bates while announcing it expects another acquisition deal to be completed this month.
Dubai expats warned of mandatory health insurance implications
Expatriates in Dubai have been urged to ensure they have the correct level of health insurance in place following a ruling by the Dubai healthcare authority.
Biba hires pair of area managers as regional focus is reinforced
The British Insurance Brokers’ Association has reiterated its commitment to regions across the UK with the appointment of two area managers as the regional faces of the association.
Willis hails 30% increase in solicitors' PI market share
The UK legal services practice of Willis Group has grown its market share of the solicitors’ professional indemnity insurance market by around 30%.
Axa restructures Manchester branch
Insurer Axa has restructured its Manchester branch in a bid to better support local brokers.
Alternative reinsurance capacity 'here to stay' after record 2013 ILS issuance
Insurers will continue to find plentiful reinsurance capacity for property-catastrophe risks following rate reductions secured in the January 2014 renewals, according to Guy Carpenter.
Tokio Marine launches liability cover for freighters
Tokio Marine Europe has launched a liability insurance product for companies in the freight and warehousing sectors, supported by regional underwriting throughout the UK.
LV looks to Equity and NIG for underwriting appointments
LV Broker has strengthened its commercial underwriting team with two appointments.
Central deal was two years in the making, claims Marsh boss
Marsh’s first ever managing director for Scotland is targeting regional dominance after revealing an array of interested parties were turned down ahead of the deal that saw his former Central Insurance Services business acquired by Marsh.
Marsh cements Scottish position with Central Insurance deal
Marsh has reached an agreement to acquire Aberdeen-based Central Insurance Services in a deal that is expected to propel the combined entity to being the leading broker in Scotland.
Lark to generate £25m annually following HMT re-brand
HMT has been re-branded as Lark Special Risks & Post Conflict five months after Lark acquired the Esher-based broker.
Mega-yacht portfolio growth leads to R&Q marine MGA capacity boost
The specialist global managing general agent platform of Randall & Quilter has made it possible for R&Q Marine Services to offer yacht insurance buyers immediate capacity to insure vessels for up to €235m (£195m).
Cullum set to launch equity release venture
A new broker equity release venture backed by Towergate's non-executive deputy chairman Peter Cullum is set to launch in the coming weeks.
Sheffield broker backs 'man of steel' project
IFM Insurance has agreed to back a plan for a £30m landmark sculpture in Yorkshire.
Biba to consult on professional standards in 2014
The British Insurance Brokers’ Association is to conduct a consultation on professional standards within the broking industry in the first quarter of 2014.
Broker standards body launched
A new standards body has been launched to improve behaviour and standards in the broking industry.
Lonmar moving to new London HQ
Lloyd’s broker Lonmar Global Risks is ringing in the New Year with a move from the central London office it has been based in for the past 12 years.
Female motorists unlikely to suffer renewal hikes, claims AA boss
Falling premiums within the motor market will mask the worst effects of the European Court of Justice’s gender ruling for young women renewing their car insurance in 2014, according to the AA’s director of insurance.
Catastrophe reinsurance premiums down 11%
Rates for property-catastrophe reinsurance tumbled 11% in 2014 renewals figures from Guy Carpenter revealed.
Gallagher grows north-east office with sales director appointment
Arthur J Gallagher is growing its management team in north-east England with the appointment of Martin Atkinson as UK retail sales director.
Willis predicts unprofitable airlines market by 2015 as soft market continues
Unprecedented levels of competition, growth in exposures and low loss levels are driving premium reductions for insurance buyers during the busy airline renewal season according Willis Group Holdings.
Willis unveils global head of casualty
Willis Group has appointed Seth Peller to the newly created role of Global Head of Casualty, effective January 2014.