Broker
Cooper Gay and NMB deal finalised
Cooper Gay Swett and Crawford has finalised its acquisition of Lloyd’s insurance and reinsurance broking group Newman Martin and Buchan following Financial Conduct Authority approval of the deal.
Bluefin unveils new sport director
Bluefin Insurance has appointed David Miller as director of Bluefin Sport for Scotland.
Post Intelligence – company profile: Towergate Partnership
Towergate says it will continue its aggressive acquisition strategy (FY12: 27 acquisition; 1H13: 10) focused on networks, retail and underwriting. The challenge is to turnaround falling operating earnings in the retail business.
Post Intelligence – company profile: Esure Group
As part of its strategy to diversify its earnings, Esure Group is working to expand its home, broker and additional service offerings.
Zurich shakes up commercial broker team
Zurich has made some changes to its commercial broker leadership team following the retirement of two of its members.
Europe: Insurance valuation processes
How does insurance valuation practice differ in territories around the world? Nigel Wilson explains.
FP Marine cites costs of claims and poor returns for rising premiums
A director at broker FP Marine Risks based in Hong Kong agrees with Lloyd's broker Tysers that P&I clubs will likely raise shipowners' premiums at a rate on average of 7.5% this year, similar to last year.
Post magazine - 10 October 2013
This week's issue of Post is now available to subscribers.
27 arrested in nationwide fraud insurance raids
Dawn raids across the country resulted in 27 people being arrested as part of police efforts to combat the sale of fake insurance policies or ‘ghost broking’.
Bexhill inks four brokers finance deals
Premium finance firm Bexhill has completed agreements with four brokers based in Bristol, East Anglia, London and Wales.
C-Suite: Concordia proved insurance works
The recent ‘parbuckling’ (rolling over) of the Costa Concordia was a rare event in the maritime world, as it attracted major global media attention.
Swinton urges closer broker ties with IFB after Gumtree success
Social networking sites and eBay still targeted by ghost brokers
Concerns grow for solicitors’ PI market as top brokers look to unrated carriers
At least 175 law firms enter EIP as impact of Berliner exit continues.
Pressure mounts on government to close referral fee ban loophole
Apil boss reminds insurers of responsibility not to profit from schemes.
ICO rogue PI probe to be completed in eight months
The Information Commissioner Office’s investigation into the clients of rogue private investigators is expected to require eight months and up to £20 000 to complete.
Q&A: Richard Ward: Passing the Lloyd’s baton
Reflecting on his time at the helm, outgoing Lloyd’s chief executive Richard Ward talks about the upcoming challenges for his successor and the legacy he is leaving behind.
Dual launches asset underwriting division
Dual, the underwriting arm of Hyperion Insurance Group, has launched an asset protection division under the name Dual Asset Underwriting.
Penny Black's Insurance Week - 10 October 2013
Penny was thrilled to chat to a broker this week who is investigating launching ‘adverse risk’ motor policies to cater for people with criminal convictions, among other criteria commonly cited for rejections.
Penny Speed Meets… Mike Crane, commercial lines director, LV Broker
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Ask the expert: High performance culture
As an employer, how do I go about creating a high-performance culture? And how important is it to the success of the business?
Market Moves: Retirement of high-profile trio among week’s major moves as RSA and Axa add new staff
This week was dominated by big-name departures from the insurance industry, with retirements at Axa, McLarens and Cunningham Lindsey. The exits of Max Carruthers, Trevor Latimer and Gerry Loughney stand out as the biggest moves in a week in which RSA and…
Claims management: Crackdown
Do new measures aimed at snuffing out poor practice by claims management companies go far enough?
IUA Group to oversee London Market Claims Committee
The International Underwriting Association is to oversee a new London Market Claims Committee which has been set up with the aim of establishing best practice guidelines for the energy claims market.
Sajid Javid to keep ‘insurance minister’ role
Former Economic Secretary to the Treasury Sajid Javid will maintain his financial services portfolio in his new role as Financial Secretary, Post understands.