Broker
Towergate concludes refinancing deal and cuts debt by £100m
Towergate Partnership has announced the completion of its refinancing and £200m investment from private equity firm Advent International.
Jelf Manson appoints new account executive
Jelf Manson has appointed Paul Spurway to the role of account executive as part of a drive to launch a new proposition, aimed at simplifying the insurance process for the property sector, to Manchester and across the North West.
First Assist selects new intellectual property manager
FirstAssist Legal Protection has appointed of Bob Knock as Intellectual Property Product Manager as part of its strategy to support further growth in the IP market.
Exclusive regulation and D&O content now available on Post Europe
Post Europe’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are formidable.
Exclusive regulation and D&O content now available
Insurance Insight’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are…
View from the Top: The challenge of D&O
Twenty-five years ago it was argued that “it is easier to hang onto a sow with a soapy tail than to hold a director liable”, but today the reverse is true.
Post Europe: View from the Top: The challenge of D&O
Twenty-five years ago it was argued that “it is easier to hang onto a sow with a soapy tail than to hold a director liable”, but today the reverse is true.
IIB questions logic of upfront commission disclosure
The Institute of Insurance Brokers has reiterated its concerns that the European Commission-led review of the Insurance Mediation Directive could lead to mandatory commission disclosure.
IIB questions logic of upfront commission disclosure
The Institute of Insurance Brokers has reiterated its concerns that the European Commission-led review of the Insurance Mediation Directive could lead to mandatory commission disclosure.
AJAG issues final Jackson response
The Access to Justice Action Group (AJAG) has today submitted its response to the Ministry of Justice Green Paper on implementing the Jackson review.
Allianz Legal Protection adds to BTE Team
Allianz Legal Protection has appointed Basil Anderson as key account developer within its before-the-event (BTE) insurance team.
Dual joins forces with law fim Kennedys
Dual Corporate Risks has entered a strategic partnership with Kennedys that will see the law firm handling claims on a third-party basis.
Financial ombudsman reveals sharp rise in PPI complaints
The Financial Ombudsman Service has revealed that payment protection insurance complaints rose to 24 955 for the period October to December 2010, up 17% from the previous three months.
Gallagher raises $125m to fund acquisitions
Arthur J Gallagher has completed a private placement of $125m of senior unsecured notes.
P&C director Price leaves Dual
Steven Price is leaving Dual Corporate Risks after just seven months at the Hyperion-owned underwriting agency, Post Online can reveal.
Aviva outlook revised to "stable" after "strong progress"
Standard & Poor's has revised its outlook on Aviva to stable from negative.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
Medical intermediaries condemn 57% rise in FSCS fees
The Association of Medical Insurance Intermediaries has condemned the proposed 57% increase in this year’s Financial Services Compensation Scheme levy as "unfair, excessive and totally inappropriate".
Willis aims for $180m in global cost savings to fund end to pay freeze
Willis in undertake a global review of its operations in the first quarter of 2011 to help fund the end to its salary freeze.
Schemes - Conception & construction: Special delivery
Setting up schemes to cover specialist sectors can be a lucrative business - but it requires brokers, insurers and customers to work together. Stephanie Denton looks at this evolving market.
Penny Black's insurance week
Penny was delighted to be entertained by the lovely ladies at Royal Bank of Scotland Insurance, when she was whisked off to the O2 to see R&B megastar Usher perform a selection of his greatest hits.
MGA remains upbeat despite slow progress
Affinity Insurance Management, an appointed representative of Affinity Scheme Insurance, has disclosed a £150 867 loss in its first full-year of trading, and warned about its future viability.
Biba calls for intermediary split after shock FSCS hike
Insurance brokers have reacted angrily to Financial Services Compensation Scheme proposals to increase their fees to more than £90m for 2011/2012.
Post Intelligence Benchmarking: How do insurers measure up in the high net worth market
High net worth clients demand a high standard of service, as do their brokers, but which insurers are delivering it? Peter Joy unveils the answer.