Broker
Willis names new directors ahead of Plumeri board retirement
The Willis board has nominated Francisco Luzón and Jaymin Patel as directors of the company, which completes the slate of directors that will be presented to shareholders at the upcoming annual general meeting.
Europe: Capital crisis
Solvency II - designed to harmonise capital adequacy across the continent - could be in danger of being kicked into the long grass. Edmund Tirbutt explains.
'Up or out' approach behind insurance career progression satisfaction
Insurance professionals have been found to be the happiest with their career progression, according to a survey of the UK workforce.
Post Audio Supplement - 6 June
Too busy to read the magazine or website? Want a quick update on the latest news?
Besso expands into Australia following Sterling investment
Lloyd’s broker Besso has stepped up its foray into international markets with a minority investment in Sterling Insurance in Australia.
Cooper Claridge Ware co-founder promoted to CEO
Hong Kong-based health insurance broker Cooper, Claridge-Ware has appointed co-founder Christopher Claridge-Ware as the company’s new chief executive officer.
Biba backs raised penalties for uninsured drivers
Increased fines for uninsured drivers have been welcomed by the British Insurance Brokers Association.
Post magazine - 6 June 2013
In Post this week, could the continuing economic difficulties faced by Spain be behind accusations that its public hospitals are refusing to accept European Health Insurance cards presented by holidaymakers when seeking medical attention?
Transport minister unveils fixed penalty rise for motoring offences
Careless motorists who put other road users at risk and those that get behind the wheel without insurance face on-the-spot penalties under new measures revealed today by road safety minister Stephen Hammond.
IFB working on new model to attract brokers put off by membership cost
Move coincides with demand for greater broker representation on fraud register
BP Marsh ready to sign another deal
BP Marsh chairman Brian Marsh has said he expects to sign a new deal tomorrow [4 June] following publication of his firm's financial results.
Property Claims 2013: Industry gives its backing to Flood Re model
A panel has backed the Association of British Insurers’ Flood Re scheme to replace the Statement of Principles, while warning that a return to an open market situation remains a possibility.
Career file: Lee Crooks - Ex-rugby player is latest sportsman to join April UK
Former professional rugby league player Lee Crooks has been appointed by April UK as a specialist sports protection advisor.
Market Moves: All quiet on the hiring front as industry resists major appointments
Recruitment activity was muted this week, with insurers unveiling just a smattering of hires and broker activity similarly low key. In an otherwise quiet period, Ace hired an environmental risk manager and Kiln appointed a new non-executive director. BMS…
Dual Pricing: Priced Out
Dual pricing is an industry bugbear with traditional errors being replaced with deliberate pricing policies. But is it the sign of a healthy, competitive market or a practice that should be eradicated?
Your Say: Consumers demand technology
When it comes to technology discussions in our industry, much of it is centred on outdated legacy systems and the challenges around the intelligent use of data.
Welsh asbestos bill delayed until mid-July due to 'technical reasons'
A Welsh Assembly bill designed to recover the costs of treating asbestos patients from insurers has hit a last minute snag.
'Major changes' on horizon for BP Marsh
BP Marsh & Partners has reported a 10.6% increase in net asset value to £55.5m for the year to 31 January 2013 (2012: £50.1m) and net asset value per share of 190p (2012: 171p).
Gallagher London gains MGAA’s preferred provider status
Gallagher London has been granted preferred provider of professional indemnity insurance status by the Managing General Agents’ Association.
View From the Top: Investing in technology
Technology is much more than a productivity tool; it offers one of the most tangible opportunities to transform the company’s culture and working environment. For instance in the services, sales and finance department of a company, employees deliver most…
Fleet UK launches telematics product for SME fleets
THB Group subsidiary Fleet UK has teamed up with sister company Cardinus, Zurich and telematics consultancy JGCH, to launch a telematics solution for small to medium sized fleets.
Lack of cat data generating "flawed" models: Marsh
Insurers are spiking premiums where businesses are generating “flawed” modelling because of limited information on supply chain and property risk exposures, according to Marsh.
Giles reports 2012 Ebitda up 3%
Independent broker Giles has reported increased earnings for the year to 31 August 2012, driven by new business launches and an acquisition.
Lorica COO Godbold on gardening leave
Stephen Godbold has left insurance broker Lorica and is currently serving gardening leave.