Broker
Market moves: High-profile changes at Allianz, Zurich and Towergate
The industry witnessed a number of major departures this week with Chris Hanks, Karl Bedlow and Nick Houghton leaving their roles at Allianz, Zurich and Towergate respectively.
UK riots: Reading the riot act
The out-dated Riot Damages Act, policyholder confusion and poor communication led to some heavy criticism of the industry's handling of last year's riots - but what has been learnt and what still needs to change?
Defendants face stiff challenge on subrogation inflation argument
The recent verdict in RSA's high-profile subrogation case could pose challenges for insurers wishing to dispute increased pricing on motor claims in court, according to Temple Garden Chambers barrister Aidan Ellis.
Probroker defends membership levels as broker network competition hots up
Marsh's UK broker network has defended its tally of 28 members in the three and a half years since its launch, insisting that the proposition is more than just a numbers game.
Brokers urge against unnecessary bureaucracy in mis-selling regulation
Broking representatives have called on the regulator to make sure that its pledge to stamp out any sales-driven mis-selling of products to consumers does not turn into a “box-ticking” exercise.
Groupama acquisition could propel Ageas UK into top 10 insurer spot
The insurance industry is considering the effect of consolidation and change in the UK personal lines market after Ageas entered into exclusive discussions with Groupama with a view to taking over its UK insurance company.
Whiplash still on the agenda insists MoJ, as consultation delayed again
The Ministry of Justice has confirmed that the promised consultation on whiplash remains on its agenda, despite being delayed as a consequence of last week's government reshuffle.
Oxford MD quits to join CFC
Oxford Insurance Brokers managing director Neill Cotton has quit the company after almost a decade to join CFC.
Casualty insurers warned about recent legal deveopments
A ruling on pesticide manufacturers' liability, reforms to Spanish law on directors' and officers' cover and more stringent rules for Polish motor insurers, are among recent legislative changes with implications for European casualty insurers.
Autonet launches online vehicle information service
Autonet Insurance and software solution provider Cheshire Datasystems have developed a system that allows a vehicle's history to be checked online from its registration number.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Brokers to receive increased commission under new government initiative
Members of the British Insurance Brokers' Association will receive commission levels up to 15% when they place trade credit insurance through the UK Export Finance Initiative, with immediate effect.
Giles director Hazel McIntyre quits
Giles' mergers and acquisitions director Hazel McIntyre has left the business after five years to pursue other opportunities.
Miller sees pre-tax profits triple in FY 2012
The broker has reported a dramatic improvement in profits in its results for the year ended April 2012.
Shortlist revealed for Underwriting Service Awards 2012
Risk-pricing skill, understanding of clients' needs and quality of service are all vital to insurers' long-term success.
Yorkshire policyholders lose flood cover
Commercial policyholders in Yorkshire have accused insurers of jeopardising their futures by failing to provide them with flood cover.
Poor data quality and modelling tools make emerging markets risky
Reinsurers pursuing growth in emerging markets must be alert to the unique challenges these countries present, Guy Carpenter has warned.
James Hallam buys broker's commercial book
Insurance broker James Hallam has acquired the commercial book of business of Essex-based intermediary Coppergate.
Lockton appoints solicitors practice risk head
Lockton has named Calum Maclean as a new risk manager, working with clients of its UK solicitors practice.
Allanfield eyes deals as operating profit hits £1m
Allanfield has its eye on acquisitions in the property and broking spaces having reported a 33.5% increase in net revenue to £2.1m (H1 2011: £1.6m) in the first half of the year.
Marsh creates insurance services business president role
Marsh has appointed Liz Flynn to the new position of president of its insurance services businesses, a group of the intermediary's brands.
Capita creates schemes role
Capita Specialist Insurance Solutions has appointed Hazel White to the newly created role of schemes development manager.
Midas launches EDI home product with SSP
Midas Underwriting has expanded the range of risks it covers with the launch of a non-standard full-cycle EDI home product.
Marsh appoints global energy leader
Global broker Marsh has appointed Richard Higgins as global upstream and midstream leader in the firm's energy practice.