Broker
View from the Top: An illusion of choice
With no sign of a turning market, a bout of consolidation looks on the cards
Employers’ liability: A fund of last resort
The need for a fund of last resort for employers’ liability claims still divides the insurance community. While plans to create an Employers’ Liability Insurance Bureau have stalled, it still has supporters who are determined to see these proposals come…
Career development: QBE announces Glasgow move
QBE is to move its Glasgow office to larger premises as it seeks to grow its Scottish workforce in 2012.
Insurers rally to hail their technologies as Avantia claims flood risk first
The competition to get the upper hand in the use of sophisticated data to underwrite flood-prone properties has already started, as it seems increasingly unlikely the Statement of Principles will be renewed beyond June 2013.
Editor's comment: Speculation turns into action
The chatter around ‘Tesco Law’, alternative business structures and law firm consolidation appears to be getting louder each week as another eye-opening deal is unveiled to the media.
Private equity: Parabis secures Duke Street backing as links are made to prospective ABS bid
Duke Street takes a majority stake in the Parabis Group, opening the way to achieve ABS status
Market moves: All change in the boardroom
Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively…
In Series On Data: Insurers and brokers catching on to external data
External data sources are an increasingly important resource for insurers and brokers, as aggregators gain market share
In Series On Data: Insurers putting policyholder data on a diet
In a competitive market, validation is key to making data leaner and more reliable — but can it level the playing field for brokers, as well as insurers?
Post magazine – 9 February 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Commercial offering could spark future acquisition interest, says One Answer Network boss
An increase in personal lines members alongside an added emphasis on establishing a commercial offering over the next 18 months could result in the One Answer Network becoming big enough to attract interest from potential buyers.
LFC Shield's Clayton quits agency
LFC Shield's underwriting director Simon Clayton has left the firm after four years.
Keelan Westall launches online property facility
UK wholesale property insurance broker Keelan Westall has launched a fully automated, web-based platform for residential property risks.
Arab Spring uprisings remain a 'key concern' for CEOs
Social tensions and public protests in counties affected by the Arab Spring remains a “key concern” for businesses operating within the nations impacted by the popular uprising, according to Aon’s 2012 political risk map.
Axa Commercial goes live with management liability cover
Axa Commercial Lines has launched a management liability policy on Power Place.
Aspen blames 'challenging year' for operating loss
Aspen Insurance Holdings chief executive Chris O’Kane has bemoaned a near record year for catastrophes for an operating loss of $1.26 (80p) per share in 2011, however, he was eager to point more positive results from the company’s casualty and specialty…
ABS applications to the SRA at 96 and counting
The Solicitors Regulation Authority has today revealed that the number of firms which have officially requested to be licensed as alternative business structures has almost reached the 100 mark.
Frontline makes eCommerce appointment for in-house brands
BGL Group’s Frontline division has confirmed the appointment of former Bauer Media employee Steve Maile as ecommerce manager for all in-house brands.
Growth creates paradigm shift for energy risk
The rapid evolution of the global hydrocarbon industry is creating a seismic change in the risk landscape for energy businesses, according to a report released by Marsh at its National Oil Companies conference in Dubai.
Willis broker network welcomes 10 new members
Global insurance broker Willis has added 10 new members to its N2 broker network bringing the total membership to 34.
Irwin Mitchell boosts ABS plans with NED appointment
Irwin Mitchell has stepped up its preparations to become an alternative business structure with the appointment of former KPMG partner Mel Egglenton as a non-executive director and chair of the law firm’s audit committee.
Marsh warns oil firms of risk changes
Broker Marsh has warned that the rapid evolution of the global hydrocarbon industry is creating a “seismic change” in the risk landscape for energy businesses.
Underinsured commercial properties on the rise
A growing number of property owners are under insuring their buildings, according to analysis by Cadogan Keelan Westall.
JLT Specialty launches risk practice division
Bosses at JLT Specialty have revealed that a heavier emphasis on specialisms combined with increased investment in both the London and regional markets will form the basis of the firm’s newly launched risk practice division.