Broker
Flood cover: Sink or swim?
The expiry of the Statement of Principles is a year away, and the industry is looking for a replacement to cover the impact of flooding. Two ideas have been floated, but which will sink and which will swim?
Post magazine - 14 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
ABI hits back following industry grilling over riot response
The ABI has moved to defend its members in the face of stinging criticism that the industry has taken too long to pay out on claims originating from riots last August.
CII centenary report points to insurance role in eco-issues
Insurance is likely to play a “key role” in the global environmental future according to the Chartered Insurance Institute, which has published the third in a series of new reports marking its centenary year.
Marsh issues warning over future D&O conditions
Buyers of directors and officers insurance have today been warned by Marsh to be on the lookout for a deterioration of favourable market conditions in the second half of the year.
Farr launches environmental impairment liability cover
Social housing market specialist Farr has unveiled an environmental impairment cover designed to protect against legal liability arising from contamination in or under land owned by clients.
Travelers considers stake in Esure
Travelers is reported to be in preliminary talks with Esure about buying a stake in the UK home and motor insurer.
Airmic 2012: Risk management crucial to M&A activity
Acquisition hungry firms can gain an edge if they effectively manage the inherent risks associated with the process, a joint Marsh and Airmic report has revealed.
MYI's Gillan appointed Insurance Institute of Manchester president
McLarens Young International executive director David Gillan has been named as president of the Insurance Institute of Manchester.
Irish broker claims telematics first
Autoline Insurance Group has claimed an insurance first for Irleand with a telematics proposition included in its insurance policy offering.
Airmic 2012: Marsh returns to Liverpool after six years
Marsh has re-established an insurance broking division in Liverpool six years after exiting the city.
Ferma reveals identity of board appointments
The Federation of European Risk Management Associations has elected three board members on new three-year terms.
ECIC bids to help contractors in tough times
The Electrical Contractors' Insurance Company has opened an office in Scotland designed to build its partnerships with brokers and trade associations.
Direct Group swoops for second 2012 acquisition with Simple purchase
The Direct Group, a Doncaster-headquartered provider of outsourced services, has acquired Simple Insurance from Leeds-based UK General for an undisclosed sum.
Ace research exposes lack of terrorism cover among UK corporates
More than a third of UK corporates do not have specific insurance cover in place for terrorism and political violence risk, according to a survey undertaken by Ace.
CFC launches excess underwriting capability
CFC underwriting director Andrew Holmes, pictured, described his firm's decision to launch an excess underwriting capability as a "natural extension of our overall proposition".
Griffith-Jones appointed non-exec chairman of incoming FCA
KPMG chairman John Griffith-Jones will join the FSA board on 1 September as non-executive director and deputy chairman, before becoming non-executive chairman designate of the soon-to-be-introduced Financial Conduct Authority.
MP draws link between doctors' roles and rising motor premiums
A Bradford MP has told the medical profession that it must accept its role in the rising cost of motor insurance after a doctor at Doncaster Royal Infirmary was accused of helping a staged patient write a false claim.
Gallagher buys Missouri business
Arthur J Gallagher has acquired Missouri employee benefits and consulting business, Broker Benefit Services.
Allianz France agrees deal for Groupama's Gan Eurocourtage
Groupama has agreed to sell the property and casualty brokerage-related activities of its Gan Eurocourtage subsidiary to Allianz France for an undisclosed sum.
ILAA and CILA reconcile over training techniques
Bosses at the Chartered Institute of Loss Adjusters and the Independent Loss Adjusters Association have vowed to "build bridges" with a view to sharing training and education initiatives.
Willis appoints Latin America reinsurance CEO
Willis Group Holdings has appointed Antonio Tosti to the newly-created role of chief executive of Willis' Latin America reinsurance business.
Broker Focus: Fraud - First line of defence
Insurers are often called to bear arms in the battle against fraud, but should brokers be doing more to defend the industry?
View from the top: The French connection
London's cosmopolitan nature means it is well placed to capitalise on emerging market opportunities, says Nicolas Aubert.