Broker
R&Q agrees PTP with Finnish firm Turva
Randall & Quilter Investment Holdings has agreed a portfolio transfer plan with mutual insurance company Turva.
Acromas considering £4bn refinancing deal
AA and Saga parent company Acromas is understood to be close to securing a refinancing deal that could lead to the break-up of the group.
Consumer watchdog champions single PII scheme
A report published by the Legal Services Consumer Panel has proposed that a single professional indemnity insurance scheme and compensation scheme is launched to cover the legal services sector.
Biba MLEI’s views are ‘completely aligned’ with the FCA’s
The British Insurance Brokers’ Association views on motor legal expenses insurance views are “completely aligned” with that of the Financial Conduct Authority, as laid out in a document published earlier today, according to Biba’s Graeme Trudgill.
ABI supports FCA call for greater consumer needs focus in MLEI
The Association of British Insurers has described the Financial Conduct Authority’s thematic review into motor legal expenses insurance as a “useful reminder” that more must be done to meet the needs of the consumer.
UIB extends Elite binding capacity deal
UIB has extended its binding capacity deal with legal firm Elite Insurance Company for a further 12 months.
Marsh executive joins Bluefin
Bluefin has appointed Sarah Hewitt as head of client services in London, where she will manage the team of corporate account executives.
Lloyd's broker Besso in Australia move
Lloyd’s broker Besso has stepped up its foray into international markets with a minority investment in Sterling Insurance in Australia.
UK General commercial plans boosted by ex-RSA director appointment
UK General has appointed former long-term RSA director Ian Barker as its new commercial technical director in a bid to strengthen its underwriting and portfolio management capabilities.
Money Supermarket entrepreneur to sell 18.5% of his stake
Simon Nixon, co-founder of price comparison website Money Supermarket, is to net £200m after selling 18.5% of his stake in the business.
Giles Insurance Brokers reports £2.25m loss
Giles Insurance Brokers has reported a £2.25m loss for the year to 31 August in 2012 compared to a profit of £998 000 in the previous year.
CFC expands its traditional professions offering
Underwriting agency CFC has added brokers, accountant and estate agents to its professional liability suite in a move to expand its traditional professions insurance offering.
Willis names new directors ahead of Plumeri board retirement
The Willis board has nominated Francisco Luzón and Jaymin Patel as directors of the company, which completes the slate of directors that will be presented to shareholders at the upcoming annual general meeting.
Europe: Capital crisis
Solvency II - designed to harmonise capital adequacy across the continent - could be in danger of being kicked into the long grass. Edmund Tirbutt explains.
'Up or out' approach behind insurance career progression satisfaction
Insurance professionals have been found to be the happiest with their career progression, according to a survey of the UK workforce.
Post Audio Supplement - 6 June
Too busy to read the magazine or website? Want a quick update on the latest news?
Besso expands into Australia following Sterling investment
Lloyd’s broker Besso has stepped up its foray into international markets with a minority investment in Sterling Insurance in Australia.
Cooper Claridge Ware co-founder promoted to CEO
Hong Kong-based health insurance broker Cooper, Claridge-Ware has appointed co-founder Christopher Claridge-Ware as the company’s new chief executive officer.
Biba backs raised penalties for uninsured drivers
Increased fines for uninsured drivers have been welcomed by the British Insurance Brokers Association.
Post magazine - 6 June 2013
In Post this week, could the continuing economic difficulties faced by Spain be behind accusations that its public hospitals are refusing to accept European Health Insurance cards presented by holidaymakers when seeking medical attention?
Transport minister unveils fixed penalty rise for motoring offences
Careless motorists who put other road users at risk and those that get behind the wheel without insurance face on-the-spot penalties under new measures revealed today by road safety minister Stephen Hammond.
IFB working on new model to attract brokers put off by membership cost
Move coincides with demand for greater broker representation on fraud register
BP Marsh ready to sign another deal
BP Marsh chairman Brian Marsh has said he expects to sign a new deal tomorrow [4 June] following publication of his firm's financial results.
Property Claims 2013: Industry gives its backing to Flood Re model
A panel has backed the Association of British Insurers’ Flood Re scheme to replace the Statement of Principles, while warning that a return to an open market situation remains a possibility.