Broker
Career file - Jason Howard: Faber CEO Howard departs to lead Acappella
Jason Howard, chief executive of Willis facultative and wholesale reinsurance arm Faber Global, has left the firm to head up the newly formed Acappella Group Holdings
In-Focus: Public Sector - Business continuity management standing up to scrutiny
With the Civil Contingencies Act requiring public sector organisations to have robust business continuity management in place to ensure they can continue to provide key services in an emergency, failure to do so can have serious repercussions.
McManus leaves Gallagher ahead of planned exit date
Former Arthur J Gallagher UK retail chief executive Brendan McManus has left the broker ahead of his expected 1 January 2015 departure date to pursue other interests.
Softening reinsurance market showing 'no sign of relief' says Willis
The reinsurance sector is seeing significant rate reductions as the excess capital supply in the market continues to chase muted demand, according to Willis Re.
Be Wiser boss predicts return on investment after year of growth
Be Wiser Insurance finance director Andrew Dunkerley has heralded the fact the firm achieved increased profits of £2.2m (2013: £2m) against a backdrop of significant investment in staff and training.
Hodges backs Fusion staff after management exits
Towergate group chief executive Mark Hodges has delivered a vote of confidence in the staff of Fusion, following the departure of several of the senior management team.
Brunel appoints Ladkin as non-executive chairman
Brunel Professional Risks has appointed Chris Ladkin as non-executive chairman as it sets its sights on becoming one of the UK’s largest independent brokers.
Fusion expansion leaves 50 roles at risk
Towergate’s decision to expand its Fusion brand across its bespoke underwriting portfolio has left approximately 50 roles at risk of redundancy.
Dwindling volumes contribute to lack of optimism in GI
General insurers have bucked the trend of growing optimism across the financial services industry, according to the latest CBI/PWC survey.
Hastings Direct launches household cover
Hastings Direct has created a new household insurance product in collaboration with Axa, Sterling and Towergate Underwriting.
Brokers' knowledge of latent defects insurance growing
One third of commercial insurance brokers are concerned about income protection for tenants in a development in the event of a building defect arising, a BLP Insurance survey has found.
Besso opens Brazil office
Besso Insurance Group has received licenses to begin trading in its newly opened office in Rio de Janeiro, Brazil.
Industry and government to meet on sharing society insurance solution
Insurance industry representatives are to meet with government and asset-sharing companies next month to discuss insurance solutions for people who share their homes and vehicles.
Oval finance boss Story heads for the exit
Oval’s group finance director Ian Story is to depart parent Arthur J Gallagher at the end of this month.
RSA CEO Hester breaks silence on new UK boss Steve Lewis
RSA group chief executive Stephen Hester has proclaimed Steve Lewis will provide the "strong leadership, energy and commitment to make the changes that will ensure the future success of our UK and Western Europe businesses".
Acturis records £29.6m revenue for 2013
Insurance software provider Acturis has reported a revenue of £29.6m for the year ended 30 September 2013, a 21% increase on its 2012 result.
Casserley demands transparency on resilience
Willis group chief executive Dominic Casserley has called on firms to publicly report on resilience against natural disasters alongside financial data.
Bluefin partners with Prism for disaster recovery services
Bluefin Network has partnered with Prism Network to give its broker members access to the disaster recovery business' services.
Swinton adds LV Broker to home panel
LV Broker has joined Swinton’s home insurance panel, allowing the insurer to offer home products to the broker’s online customers.
Flood Re excluded parties given hope as government and industry bodies meet
Defra conducting research into issues faced by SMEs and leasehold properties
Brokers warn SMEs on underinsurance risk as online purchasing increases
Legislation complexity makes insurance obligations hard for firms to understand
RSA unveils changes to global broker function
Former Benfield Group general counsel Derek Walsh will take over responsibility for RSA’s global broker sales with key relationship managers following the retirement of Paul Donaldson at the end of the month.
Career file - Jon Walker: Axa hires Bluefin personal lines MD Walker
Bluefin personal lines managing director Jon Walker has left the broker after seven months to succeed Matthew Reed as Axa Intermediary managing director.
Hartley leaves Simply Business for Danish insurer
Former Simply Business product manager Robert Hartley is to join Danish insurer Qudos as an underwriter.