Broker
Due diligence failings revealed by FCA’s delegated authority review
Many insurers and intermediaries are not adequately considering their regulatory obligations under delegated authority arrangements, according to the Financial Conduct Authority.
IRS contributes half of Lark's turnover growth
Turnover at Lark Group rose 6.5% for the 12 months ended 31 December 2014 to £26.1m (2013: £24.5m).
Brendan McManus confirms new PIB role
Brendan McManus has confirmed that he is to join Chris Giles-backed broker start-up PIB.
Willis completes Miller deal
Willis Group Holdings has completed its deal with Miller Insurance Services after receiving the necessary regulatory approvals.
Marsh aims to quickly 'accelerate' SMEI growth following purchase
Marsh's latest acquisition is part of an "accelerate and grow strategy" and the broker will look to quickly scale up the SME Insurance Services business.
Power hour: Battling fraud together
As more fraudulent behaviour creeps from personal lines into the commercial space, brokers and insurers need to work closely together to tackle the problem, according to Insurance Age's expert panel
Marsh bolsters SME capability with purchase of Leeds broker
Marsh has reached a definitive agreement to acquire Leeds-based independent broker SME Insurance Services.
Gallagher refutes Mark Mugge's surveillance claims
Arthur J Gallagher has conceded that it did carry out surveillance on former CFO Mark Mugge, but has insisted that it was within its rights to do so.
Ross 'authorised surveillance' on AJG employees
Former Arthur J Gallagher International CEO David Ross authorised surveillance of Gallagher employees during his time at the firm, according to AJG's defence to his counterclaim in the ongoing court proceedings.
Chily hire leads to boost in Gallagher recruitment hopefuls
The number of people seeking to work at Arthur J Gallagher following Grahame Chilton's appointment as international CEO has "expanded substantially", according to the broker's president and CEO Pat Gallagher.
Downey and Lum take JLT Singapore leadership roles
David Lum deputy chairman of JLT Asia, and Warren Downey, deputy CEO of JLT Asia, are to become chairman and managing director respectively of the broker's Singapore office.
Interview: Mark Bennett: Keeping it in the family
Five years since the merger of Bennett Dawes and Christmas Insurance Brokers, Bennett Christmas chief executive Mark Bennett explains how he plans to grow the firm further.
Swinton moves low-value commercial business into High St branches
Swinton has announced plans to merge low-value commercial business with personal books in retail branches.
Calera Capital swoops for majority stake in RFIB
US-based private equity house Calera Capital has bought a majority share in RFIB Holdings, the international Lloyd's specialty insurance and reinsurance broker.
C-suite - Broker: Why I sleep soundly at night
It is not worth losing sleep worrying if you are doing enough digitally, says LV managing director, Phil Bunker.
Updated: Gallagher at risk of FCA penalty from s166 review
Arthur J Gallagher says it cannot rule out the possibility of being fined or penalised by the Financial Conduct Authority after a quarterly statement from the company revealed the regulator had called for a skilled person's review of parts of the broker…
Insurance quiz of the week - 22 May 2015
Insurance supremo, or need to swat up?
Aon highlights increased European terrorism threat
Aon has identified nine developed economies as being at an increased risk of terrorism, including seven from Europe.
Amount spent on insurance transactions has soared in 2015
The year so far has seen the most amount of money and shares spent on insurer, reinsurer and broker acquisitions since 2008 according to financial information group Dealogic.
Besso looks to make Dubai move
Besso Insurance Group is in the process of obtaining permissions to establish a reinsurance broking and managing general agency in Dubai.
Biba finds 9% jump in black box policy sales
The number of live black box telematics policies has increased by 9% to 323,000 from 296,000 in December 2013, according to research from the British Insurance Brokers' Association.
Barriers to entry for brokers still too low, claims Biba deputy chair
Barriers to entry for the insurance broking industry remain too low, according to British Insurance Brokers' Association deputy chairman and Una Alliance director Tim Ryan.
Stuart Davies leaves Aegis London for Canopius role
Stuart Davies has resigned from his position as managing director of Aegis London and will take up the position of group CEO at Canopius.
Post magazine – 21/28 May
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.