Broker
Market Moves: Cox joins Ecclesiastical management board, while Bluefin’s Philip moves up again
Both insurers and brokers completed their fair share of high-profile hires this week. Ecclesiastical took top billing among insurers, with the appointment of Brit’s former chief executive Ray Cox as a board member, while among brokers Bluefin recruited…
View from the Top: The key to effective symbiosis
There are two crucial groups good managing general agents have to satisfy: insurance customers and capacity providers.
Bluefin welcomes regional MDs as restructure sees Owen's role expanded
Bluefin has completed a number of internal promotions and structural changes as part of its ongoing strategic development plan.
Tysers hires trio to form North American PL team
Tysers has appointed David Doe, Jonathan Doel and Sue Korth to form a North American professional liability team.
Beazley improves COR as investment returns plummet
Beazley trimmed its combined operating ratio to 89% in the first half of the year (H1 2012: 91%), however the firm’s investment returns were hit by market losses in fixed income holdings.
Barker appointed as Marsh chairman
Jane Barker, a non executive director at Marsh, will become chairman on 1 August.
Lloyd’s brokers sign up for VIPR Bordereaux product
Two Lloyd’s brokers have partnered with VIPR to use its software and systems.
Italian aggregators double policy sales in H1
Policies brokered by Italian aggregators in the first sixth months of 2013 were up 58% over the same period of 2012, according to research by CP Consulting.
Italian aggregators achieve steady growth in H1
Policies brokered by Italian aggregators in the first sixth months of 2013 were up 58% over the same period of 2012, according to research by CP Consulting.
Marsh unveils new chairman
Jane Barker will become Marsh chairman on 1 August.
Insurance industry to provide 22 000 extra jobs by 2020, states PWC report
Insurance industry jobs could account for approximately 47% of 47 500 additional jobs created across the whole UK financial services sector by 2020, according to report conducted by PWC.
Adjuster panel review to deliver 'greater choice', claims Aviva
Aviva is confident its decision to reduce the roles of Cunningham Lindsey and Crawford on its loss adjuster panels will “deliver greater flexibility and choice“ to brokers.
Homeserve hires BT's CFO
Homeserve Membership has appointed Helen Miles as chief financial officer.
FCA bans and fines broker £140 000
The Financial Conduct Authority has imposed a £140 000 fine on Paul Cable, of Bromley, Kent, and banned the broker from working in the financial services industry in the future.
LV launches broker portal
LV Broker has launched an online portal for brokers.
Brokers should review their processes following Swinton fine, says UKGI
UK General's compliance arm UKGI has called for brokers to review their process and internal policies in the light of Swinton’s £7.4m fine by the Financial Conduct Authority.
JLT Insurance Management strengthens board
Guernsey-based JLT Insurance Management has appointed Shaun Le Prevost to the board of the company with immediate effect.
E-trading boss Thornton to leave NIG
NIG's director of e-trading is set to leave the Direct Line Group-owned business in October, Post can reveal.
Oval completes shift to Acturis system
Oval has completely shifted its business to the Acturis system in a move to bring the company’s users, accounting functions and e-traded products together on the same platform.
National speed limit database still some way off, claims OS
Ordnance Survey has distanced itself from suggestions the launch of a national speed limit database is imminent, but has vowed to work to “better understand” complex information held on speed limits.
Sterling teams up with Purple Partnership
Sterling Insurance Group has joined independent broker network the Purple Partnership’s preferred partner list.
Lockton launches intangible risks insurance program
Lockton is seeing to put an end to “uninsurable risks” through a customised program developed by the broker in conjunction to Kiln.
Simply Business parts ways with Brit after completing MBO
Simply Business has finally completed a management buy-out with backing from European equity firm Ana Cap.
