Broker
Post magazine – 10 November 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Oxygen to sell off remaining assets - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how market commentators believe large employee expenses and lack of profits are behind the demise of seven-year old Oxygen Holdings, as it prepares to sell off its…
Miller appoints former Marsh man to corporate risks team
Miller has today underlined its commitment to strengthening its corporate risks team with the appointment of Mark Hicks from Marsh.
EIOPA launches public consultation on Solvency II
In order to facilitate the preparatory work of insurance and reinsurance undertakings for Solvency II, the European Insurance and Occupational Pensions Authority has opened a public consultation with regards to supervisory reporting & public disclosure…
Howden acquires Accette’s Asian operations
Broker Howden has acquired the insurance operations of Accette Insurance Group in Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.
BWise and LiBi to join forces in Israel
BWise, governance, risk and compliancemanagement software solutions specialist, has entered into a partnership agreement with business intelligence firm LiBi Software Technology in Israel.
European conditions challenging for JLT
Jardine Lloyd Thompson Group has reported it remains on track to achieve its objectives and deliver year-on-year financial progress.
Hyperion completes acquisition
Howden Broking Group, the broking subsidiary of Hyperion Insurance Group, has completed the acquisition of the insurance operations of Accette Insurance Group in Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.
JLT struggles in European markets
Broker JLT said its overall trading performance is in line with expectations but warned that European markets had been challenging and rate remained weak.
Oxygen sells assets
Oxygen Holdings is to sell its subsidiary Robertson Taylor to Entertainment Insurance Partners for an undisclosed sum.
MSL opts for Financial & Legal’s LEI
MSL Legal Expenses has signed a three-year deal to sell Financial and Legal Insurance’s personal and commercial lines legal expenses insurance products to its broker networks and individual clients.
JLT buy-in overcomes next hurdle
Jardine Matheson's bid for an extra 10% of broker JLT has received nearly 60% shareholder approval and has been declared unconditional.
Insurance Insight November
Insurance Insight November is now live with an article on The European Commission’s consultation on natural catastrophes; a look the challenges the life sciences sector is facing; and an interview with Jorge Luzzi, president of Ferma.
Bicycle Protect offers cover through retailers
Bicycle Protect is to offer comprehensive bicycle insurance products through nine new retailers and six more in the future.
Covea clarifies launch delay speculation
In response to speculation regarding the launch of its new price comparison site, a spokesman told Post, Covea has reviewed its launch schedule following “valuable discussions” with consumers and its insurance partners.
Groupama reorganises commercial underwriting operations
Groupama has reorganised its commercial underwriting operations in Manchester in a move it hopes will maximise the potential of the growing number of business opportunities identified in each region.
JLT aims to be top Italian broker with Marine & Aviation acquisition
Jardine Lloyd Thompson Group has signed heads of agreement to combine its existing Italian broking business Jardine Lloyd Thompson SpA. with the business of Marine & Aviation SpA.
Snowball speaks out on challenging global insurance market
Suncorp CEO Patrick Snowball recently outlined his thoughts on the challenging global insurance market at the British Insurance Summit.
Future technology competition
Many accuse the insurance industry of being less than innovative and behind the curve with the application of technological advances, this is you chance to prove them wrong.
Penny Black’s insurance week
After Penny’s crash course in liability with Aviva, she felt an appointment to the Health and Safety Executive was in order.
XL scoops bulk of solicitors’ PI market as fewer join assigned risk pool
As capacity in solicitors’ professional indemnity increases, brokers predict XL will be the biggest player in the market, replacing 2010’s top underwriter Chartis.
Esure broking boss vows to prioritise fraud
The managing director overseeing the launch of Esure’s two new broking brands has vowed to make clamping down on fraud a priority issue, after outlining a list of crime-cutting measures.
Firms warned of hardline FSA approach
A UK insurance boss has welcomed the Financial Services Authority proposals to properly inform customers about packaged bank accounts.