Broker
Transactor turnover increases 15%
Transactor Global Solutions reported a turnover in excess of £7.7m for the year from 1 April 2012 to 31 March 2013.
Sterling launches online complaints management system
Sterling Technologies has launched an off the shelf online complaints management system designed to provide a tailored solution to the UK insurance industry.
Ten teams up with Prism for disaster recovery and repair offering
Ten Insurance Services has joined forces with Prism Network to provide disaster recovery and repair services to its members.
Crawford makes three appointments
Crawford & Company UK has appointed three senior international adjusters within its international market team.
Data 2013: OS discussing possibility of speed limit database
Telematics providers have been given a boost after Ordnance Survey revealed that firms may no longer need to rely on outdated resources such as Google Street View in order to generate speed limit data.
Towergate telematics offering implicated in teen driving deaths
A coroner is to write to Towergate Smart Motor with concerns about telematics rules following the death of two teenagers who sped home to meet the curfew set by their insurer.
BLM opens EC3 office
Law firm Berrymans Lace Mawer is to open a new office on Leadenhall Street in a bid to better service the London market.
Post magazine – 11 July 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Howden appoints head of Asia retail business
International broker Howden has appointed of V. Harikes as managing director of its retail businesses across Asia.
Howden hires Asia retail MD
Howden Broking Group has appointed of V. Harikes as managing director of its retail businesses across Asia.
Relive the 2013 British Insurance Awards: Video Highlights
The 2013 British Insurance Awards was last week widely praised as “the best ever”.
Add-on investigation highlights data opportunity: Sas
The enquiry into the selling of add-on products should prompt insurers and brokers to better utilise data in offering products to consumers according to Sas head of insurance Martyn Kyle.
Bluefin makes branch hires in Bath and Northampton
Bluefin has appointed Ian Sandham as the branch director of its Bath office and hired Daniel Sweeting as a schemes account executive in Northampton.
Lancashire appoints new head of energy and marine
Lancashire Holdings has appointed James Flude as head of energy & marine for its UK operation.
Regulator FCA faces call for "pay to play" to be investigated
Regulator faces calls for ‘pay to play’ to be investigated.
Solicitors offered unrated insurer carriers despite solvency concerns
Déja vu as Balva-like unrated carriers on brink of taking market.
Editor's comment: The spectre of Spitzer returns
In 2004, the US insurance broking industry came under attack as then New York Attorney General Eliot Spitzer declared war — with allegations of kickbacks, rigged bids for insurance contracts and opaque practices, including contingent commissions.
Swinton apologises over complicated add-ons
Swinton has apologised for selling add-on products that customers might have struggle to understand and is offering them a refund.
Biba bolstered by 2012 subs growth
The British Insurance Brokers Association has reported boosted turnover for the year ending 31 December 2012, with subscriptions climbing almost £200 000.
Ask the Expert: Talent must be nurtured to keep it
Almost three-quarters of insurance professionals are happy with the progress of their careers, making them the most contented employees of any sector in the UK when it comes to professional progression. The UK average is just 38%.
Career file - Damien Coates: Coates swaps roles with Dual deputy chief executive Doyle
Damien Coates is to step down as chief executive of Hyperion Insurance's underwriting arm Dual, after agreeing to swap roles with the firm's deputy CEO Shane Doyle.
Market Moves: High-profile moves come to the fore at Bluefin and Covéa, while Markel hires two
Another hectic week saw the usual suspects come to the fore with high-profile moves at Bluefin seeing the broker’s CEO stepping up to the role of executive chairman, while at Covéa a new SME leader will be reunited with a former Brit colleague who joined…
Employment: Port in a storm?
Does the insurance sector’s resilience in a difficult economic climate make it a safe haven for employees, or are industry staff in as much peril as the rest of the UK workforce?
Cosmos Services acquires 15% stake in SART
Hong Kong-based broker Cosmos Services has acquired a 15% stake in SART Holdings, the Hong Kong based business of Aquila Underwriting.