Broker
Penny Black's Insurance week
This week, Penny has been curious to see how the industry might vote in an EU referendum proposed by Prime Minister David Cameron.
Interview: Theo Duchen and David McDonald: Human Kind
Acturis co-founders Theo Duchen and David McDonald have preferred to stay under the radar in the early days but, more than a decade on, the software experts explain they would not be where they are today without investing in people power and allowing…
View from the Top: Steer clear of the C-word
Client retention can be improved by avoiding complacency and treating renewals like new business.
Market Moves: Reshuffles at Ace Group and Axa represent week's main moves
Ace Group, Axa and Legal & General were the most active firms in the recruitment space this week, with the trio making major reshuffles. Ace rejigged its Europe, Middle East and Africa claims team, Axa added new executives to it direct and partnerships…
Postscript: My Best XI: Ben Harrison, Beaumonts Insurance
Beaumonts Insurance divisional director Ben Harrison selects his Best XI for an insurance industry start-up firm. Harrison has selected mainly from the world of broking, with the inclusion of a restoration expert between the posts. Current and former…
Reinsurance: Superstorm in a teacup?
While destruction wreaked by Superstorm Sandy hasn’t hit the reinsurance sector as hard as might be expected, the market faces challenges in the shape of overcapitalisation and PPOs.
AJ Gallagher reports 15% rise in revenue
Arthur J Gallagher has reported brokerage for the full year in 2012 increased to $1.83bn (2011:$1.56bn) while Ebitdac increased to $383.3m (2011: $320.8m).
QBE introduces top-up commercial cover for European businesses
QBE has launched a top up commercial credit insurance facility developed to operate above an existing, non-QBE, primary whole-turnover policy.
General Legal Protection wins £600 000 breakdown contract
Go Skippy.com has awarded General Legal Protection a contract worth more than £600 000 to supply breakdown cover to the firm’s customers.
Challenges and opportunities abound in 2013
Against the backdrop of a challenging economic climate and continued uncertainty over both the timescales for implementation of European regulation and varied national approaches to the adoption of it, European insurers face a number of critical…
Post magazine - 31 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Don’t use 7-Elevens to find your way around Hong Kong
Whatever you do, don’t use 7-Elevens as a point of reference when guiding yourself around Hong Kong. There are about seventeen on every street.
EMEA commercial market to remain stable in 2013
The insurance market across Europe, the Middle East and Africa is expected to remain broadly stable in 2013, according to Marsh's Insurance Market Report 2013.
IFB hands head of operations Fletcher director role
The Insurance Fraud Bureau has appointed head of operations Ben Fletcher as director, with a remit to expand the bureau’s counter-fraud services.
3i rumoured to be planning sale of Hyperion stake
Private equity firm 3i has refused to comment on fresh speculation that it is ready to sell its 23% stake in Hyperion.
Aviva launches iPad app following broker feedback
Aviva has introduced an iPad app to its online trading platform Fast Trade, with a view to providing brokers with the facility to ‘quote and buy’ online in less than five minutes.
Ageas investigators expose bogus claimant four years after collision
A woman who lodged a £100 000 claim with Ageas for back injuries she supposedly sustained in 2009 collision has been ordered to pay back upwards of £19 000 after she was found to have pre-existing problems.
AIG acquires HSBC's French GI arm and extends Turkish footprint
AIG has entered a 10-year bancassurance agreement with HSBC Group to become the exclusive provider of non-life insurance products to the bank's customers in Turkey and France.
NIG updates e-trading platform with launch of 'The Hub'
Commercial insurer NIG has launched a full-cycle e-trading platform for commercial brokers, following recent investment in technology.
Towergate ties-up trio of acquisitions
Towergate has taken its total number of acquisitions so far in 2013 to three.
GI firms valued upwards of £100m drops 15% in 2012
The number of general insurance companies valued at over £100m dropped by almost 15% last year, according to research carried out by industry advisory firm IMAS.
Covéa hands head of financial crime role to ex-police chief
Covéa Insurance has appointed Steve Jackson, former senior fraud manager at Zurich as head of financial crime.
Axa Assistance marks roadside recovery deal with Footman James app
Axa Assistance UK has developed a smartphone application offering breakdown assistance for Footman James customers.
Morgan Stanley linked to Paymentshield sale
Towergate has asked Morgan Stanley to help find a buyer for Paymentshield according to reports.