Broker
Market moves: FSJ, Liberty and RSA among main hirers in busy week for recruitment
This week FSJ continued its recent recruitment push by adding four new brokers to its growing team. Meanwhile, Liberty announced hires in its European underwriting arm and syndicates team, and RSA welcomed two new staff to its global speciality lines…
Choosing an insurer: The bigger picture
Price is naturally a factor medium-sized businesses consider when choosing an insurance partner, but it's time they learned that it shouldn't be the most important.
Choosing an insurer: Avoiding the money trap
The rush to the bottom over price by customers can only hurt the industry, but brokers are well placed to stop the rot by offering their clients advice on the difference that choosing the right insurer can make.
Your say: Telematics drives fair assessment
The current insurance market is not working well for motorists and is at risk of pricing drivers out of the market, says Linden Holliday.
Animation could prove 'pivotal' to future risk analysis in insurance
Effective use of animation can convince underwriters to offer terms on risks they have declined to write previously, significantly reduce the time from risk assessment to contract and generate premium savings for the insured, according to a newly…
Industry fears homeowner panic as flood agreement expiration approaches
Brokers in high flood-risk areas have accused the Association of British Insurers of failing to "nail its colours to the mast" amid growing concern over the lack of a long-term replacement for the Statement of Principles.
Oval enters consultation with Vela to 'simplify' business
Oval Insurance Brokers has entered into consultation with senior management figures at its underwriting subsidiary Vela in a move aimed at "simplifying" the business.
Insurance blogger backs regulation of 'murky' loss adjusting practices
An insurance blogger and former broker has added his voice to calls for loss adjusters to be regulated, after criticising the broking sector for its part in supporting unscrupulous firms that promote a "black economy".
BBC documentary series debunks myth of 'easy crime' insurance fraud
A 10-part exposé of the work of insurance fraud investigators is to be screened on BBC One from Monday.
Insurance Fraud Awards 2012 - The winners
Guests were welcomed to the 2012 Insurance Fraud Awards at The Brewery in London by Jonathan Swift, chairman of the judging panel, who congratulated the industry on its efforts to raise the profile of insurance fraud as a topic worthy of debate and…
Video: A choice based on expertise and value
Is sufficient focus given to the expertise and value provided by an insurer, and does it figure highly enough when the choice of underwriter is made?
Top five European stories
The top five stories from www.insuranceinsight.com over the past seven days.
Howden completes Windsor Partners integration
Hyperion subsidiary Howden Broking is to transfer all business and assets from Winsor Partners effective 1 October.
Gregory becomes latest high-profile addition to CFC board following MBO
Newly independent CFC Underwriting has bolstered its board with another industry heavyweight in the form of former HSBC Insurance Brokers chief executive Philip Gregory.
Interview: David Mairs - my side of the story
Breaking a seven-year silence on the firm he founded, David Mairs defends the sale of Merlin, then Ashworth Mairs Group, to Hermes for £62m, offering his insight into the loss adjuster's downfall, the state of the market and why the time is right for his…
Thai floods: Lessons learnt
The floods that hit Thailand last year devastated the country and its economy. They also hit insurers hard in the pocket. Now the industry must make sure it is not caught by surprise again.
Editor's comment: Stars of the small screen
With the British public's general view of the industry leaning towards a default 'big bad insurer', any opportunity to tip the balance back a couple of notches should be jumped on for maximum effect.
Giles recruits ex-Towergate director to chair real estate division
Giles chief executive Brendan McManus has bolstered his expanding team with the appointment of former Towergate director Nick Crocker as chairman of the firm's new real estate division.
Allianz casualty boss wants MoJ fixed fee clarification
Allianz has become one the first major insurers to comment on the Court of Appeal's decision to revise the judgment made following the Simmons v Castle case relating to a damages uplift.
Alarm and RSA 'welcome' CoA revised damages uplift judgment
Risk management body Alarm has welcomed the outcome of today's Court of Appeal decision to reverse the initial 10% damages uplift judgment for conditional fee arrangement funded claimants.
Revised uplift judgment sparks impassioned responses from ABI and APIL
The Court of Appeal decision to revise its initial judgment relating to a 10% uplift in general damages has drawn contrasting responses from two of the key stakeholders from the hearing.
Simple economic capital models could avert financial crisis
The insurance industry needs more dynamic economic capital models if it is to avoid suffering some of the problems exposed during the financial crisis four years ago.
Lorega launches SME loss survival products
Lorega has launched two products allowing brokers to provide SMEs with fast access to loss adjusting expertise in the event of a potentially devastating loss.
RK Harrison unveils professional indemnity cover for art sector
R K Harrison Insurance Services has developed a professional indemnity insurance policy for art market professionals.