Broker
Extreme UK weather behind car claims increase
The storms that battered parts of the UK brought a 28% increase in car insurance claims over the first five days of January, compared with the same period last year, according to the AA.
Towergate confirms double departure
Towergate has confirmed the resignations of senior management duo Andy Smallwood and Sally Swann, less than four months after Mark Hodges took over the reins at the broker.
XL names former Marsh exec country manager for Germany
XL Group has appointed Michael Harth as country manager for Germany, with effect from the 16 April 2012.
MMA to rebrand as Covéa as part of UK merger with Provident
Covéa has announced that Provident Insurance and MMA Insurance will merge into a single company, in a move which has been touted as a “platform for growth” within the UK market.
Giles finance director to rejoin bookmakers
Outgoing Giles finance director Mark Chambers is to rejoin bookmakers Coral – the company he left in 2008 - after resigning from the broker on New Year’s Day.
Sciemus recruits Kane founder to head up space insurance
Sciemus has appointed Kane Group founder Paul Aitchison to the position of director of space insurance.
MMA to rebrand as Covéa as part of UK merger with Provident
Covéa has announced that Provident Insurance and MMA Insurance will merge into a single company, in a move which has been touted as a “platform for growth” within the UK market.
New managing agent enters nuclear market
New managing agent, Northcourt, was launched today, bringing fresh capacity to the global nuclear insurance market.
Oman Insurance Company appoints new senior management team
Oman Insurance Company has appointed a new senior management team.
Brokers hit harder than insurers, says CBI/PwC survey
Insurance brokers’ profitability dropped back after an unexpectedly strong fall in the volume of business and value of premium income, according to the latest PwC survey for the Confederation of British Industry.
PI broker launches commercial lines smartphone app
A professional indemnity insurance broker has launched a PI smartphone application that allows IT professionals to receive insurance quotes and buy cover.
LV Broker makes double promotion
LV Broker has promoted Kevan Aubrey and Mark Campbell to the positions of head of commercial distribution and head of key commercial accounts respectively.
Axa calls in extra claims staff as extreme weather batters Britain
The head of household claims at Axa has revealed that extreme weather conditions over the past few days have forced the firm to draft in extra claims handling staff to deal with an influx of calls.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
UK General files High Court writ against former partner Am Trust
A UK General Insurance Group spokesman has confirmed that the company has filed a High Court writ against Am Trust.
Paul Napier hires Cross for world push
Lloyd’s Broker Paul Napier has taken on Edward Cross as divisional director responsible for the development, distribution and marketing of commercial, professional and financial lines worldwide.
Post magazine – 29 December 2011/5 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Travel insurers criticised over ongoing medical warranties
A rising number of Britons travelling overseas are being left without cover by insurers implementing medical clauses after policies are sold, according to consumer watchdog Which?
Voyager targets consumers with past convictions
The director if niche broker Voyager is hoping to take advantage of the reluctance by mainstream insurers to offer cover to people with criminal convictions.
New Ellis Clowes MD hails business benefits of Formula One star NED
Karen Ellis has taken on the newly created chief executive officer role of specialist Lloyd’s insurance broker Ellis Clowes, 13 months after leading a management buyout of the business.
Loss adjuster hails insurer regional returns
MYI has claimed recent senior hires in Ireland and the UK are symptomatic of an industry-wide move back to strong regional offices.
Hastings stands by Utley as he prepares to face disciplinary board
Hastings Direct has vowed to stand by chairman Neil Utley, pictured, as he prepares to face the Lloyd’s disciplinary board later this month, as part of an investigation into Equity Red Star.
Market moves: Insurers lead the way in recruitment
As the industry heads into 2012, insurers appear to be the most active in the recruitment space. Leading the way in Chaucer, with five new global hires, and Chubb, which brought in four new faces for the new year. Meanwhile, Tokio Marine added two staff…
Broker networks: New kid on the block
As Brokerdrive arrives on the scene, the debate over the merits of the traditional network model is revisited.