Broker
Insurance quiz of the week - 17 July 2015
Budget boffin or disaster dunce?
Australia: Catastrophes threaten capital flow
Australia is on course for the worst year for natural disasters since 2011. Alex Davis examines the impact of the costs to a domestic insurance industry that may consolidate after a period of increased competition.
Brian Shea appointed head of Europe at WCMA
Willis Group Holdings has hired Brian Shea as head of Europe for Willis Capital Markets & Advisory, the firm's insurance investment banking division.
Willis to acquire PMI Health
Willis has agreed a deal to acquire PMI Health Group, an independent healthcare advisor and broker.
Europe: Opportunities in Middle and Eastern Europe despite geopolitical risks (26 Feb)
Despite the Russian-Ukraine crisis, 2014 brought hope of a revival for the regional market in Middle and Eastern Europe. Economic prospects have been positive, regardless of the continual geopo
Higos looks to expand after Clydesdale Bank refinancing
Higos Insurance Services has secured a refinancing package from Clydesdale Bank which it will use to expand the business through acquisitions.
Gallagher case mediator could accelerate resolution ahead of trial
The appointment of a mediator in Arthur J Gallagher's dispute with David Ross, Mark Mugge and Christopher Keey does not rule out the case progressing to trial, but a confidential settlement can offer benefits out of reach of a judge, according to…
Research: Young Broker Nation: 4: Findings
Are brokerages ticking the right boxes when it comes to attracting new talent and are they doing enough to keep young recruits once they have got them through the door? In the final instalment of Young Broker State of the Nation, Post reports its survey…
At least 161 staff to depart ERS following Brentwood closure
ERS has received “enormous goodwill” from brokers despite the disruption to service levels caused by a transformation plan that has so far seen 161 employees depart the insurer, according to CEO Ian Parker.
Bought By Many targets Chinese travel market
Bought By Many has signed an agreement with Chinese insurer Ping An to launch seven travel insurance policies in China for the online broker's first venture outside the UK.
Career File - Scott Egan: Scott Egan leaves Towergate for RSA
Towergate interim CEO Scott Egan is to join RSA as group chief financial officer and executive director with an annual salary of £525,000.
Market Moves - 16 July 2015
Who has moved where in the world of insurance this week.
Turnover up but profits down at Be Wiser
Broker Be Wiser Insurance Services has reported an increase in turnover and the amount of policies on its books for the year ending 31 May 2015.
Hearn hire tipped to give CGSC an edge amid wider broking exodus
External influencing factors have been cited as the trigger for a host of high-profile broking departures, as the sector’s managerial merry-go-round once again enters full swing.
Willis GB CEO Nicholas Aubert appointed to LIIBA board
Nicholas Aubert, the CEO of Willis GB, has been appointed to the executive committee and board of the London & International Insurance Brokers' Association.
Asia Interview: FP Marine's Phil Bilney
Andrew Tjaardstra, editor Asia, speaks to Phil Bilney, CEO, FP Marine in Hong Kong.
Insurers issue cancellation guidance following FCO advice change
Holidaymakers who travel to Tunisa will no longer be covered by insurance following a change in the advice from the Foreign and Commonwealth Office.
Willis recruits from AIA and JLT in Asia
Willis has appointed David Chan as Asia head of affinity and SMEs, and Cedric Luah as Asia head of human capital and benefits.
Towergate confirms closure of financial risks underwriting unit
Towergate has confirmed the closure of its underwriting division's financial risks unit which mainly managed professional indemnity business.
Young Broker Blog: Professionalism
As Post's third instalment of its Young Broker State of the Nation research this week revealed young brokers are supportive of qualifications as a means of progressing their careers, LV's Kevin Gill reflects on how employers can best support their young…
Blog: Survival of the fittest
Consumer expectations and buying behaviours are changing. Social and technological advances have given rise to changes in buying behaviour, the consumer relationship and how we interact socially.
Carole Nash sees marginal profit increase as turnover drops
Carole Nash reported increased pre-tax profits of £3.94m for the 12 months ended 31 December 2014 (2013: £3.93) despite a £1.5m drop in turnover for the period.
Insurance quiz of the week - 10 July 2015
Insurance swat or could do better?
Dual enters UK agricultural market
Hyperion's underwriting arm Dual has entered the UK agriculture market as part of its strategy to provide more specialised products to SMEs.