Broker
Barbon CEO Ramsey exits post-sale
Barbon Insurance Group chief executive Mike Ramsey is leaving the group following the sale of its property & commercial division to Arthur J Gallagher.
Marketform claims US PL launch will alert international brokers
Marketform will underwrite hospital professional liability in the US, comprising medical malpractice and associated general liability insurance.
Saulter exit will not disrupt Towergate M&A activity, vows Hodges
The departure of Towergate mergers and acquisitions director Dan Saulter will not dent the consolidator’s acquisition strategy in the year ahead, according to chief executive Mark Hodges.
Towergate sees slight GWP improvement as network division takes a hit
Towergate has seen its gross written premium increase 2% on the first quarter of last year to £757m, but blamed changes in partner insurer relationships for a 50% slump in operating earnings within its network division.
ABI responds to Scottish criticism of 'disproportionate' Flood Re
The Association of British Insurers has denied accusations that the introduction of its ‘Flood Re’ model would be “bad news for Scotland”.
Post magazine – 23 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Hill Dickinson fraud model attracts new insurer subscribers following Q1 success
Hill Dickinson fraud unit bosses claim they have delivered a 122% increase in suspect claim identification to insurer clients in the opening quarter of the year, as a result of the firm’s fraud risk profiling model.
Biba conference 2013: News round-up
This year’s British Insurance Brokers’ Association conference attracted more than 4750 brokers and 168 exhibitors to the Excel Centre in London’s Docklands.
Capita shares recipe for successful MGAs
Capita Insurance Services’ executive director, John Holm, shared the lessons learnt with existing and would-be MGA management about the most effective structural components and the financing methods for new and evolving MGAs.
Flood clauses to be added to Water Bill as minister hints at ABI agreement
Environment minister Richard Benyon has suggested that additional clauses will be inserted into the government’s upcoming Water Bill, in order to serve as a legislative vehicle for the implementation of the Association of British Insurers’ ‘Flood Re’…
Ex-Zurich boss Hanson joins Ageas as marketing director
Ageas has appointed Mark Hanson as marketing director for its two over 50s insurance brands, Rias and Castle Cover.
Premium Credit names retail broker boss
Premium Credit has promoted its national and key accounts manager is a bid to bolster its retail broker business.
Helphire ABS licence within reach as application reaches final stage
Helphire's alternative business structure has reached the "final stage" according to chairman Avril Palmer-Baunack
Brokers selling add-ons contacted by FCA as regulator begins crackdown
Signs the Financial Conduct Authority’s scrutiny of insurance add-ons is underway have been witnessed by brokers that have already been contacted by the regulator.
Brokers told to improve record-keeping to reduce professional indemnity claims
Brokers have been urged to improve the way they document advice to clients in light of increasing numbers of professional indemnity claims against them.
Ten Insurance gains chartered status and unveils new NED
Independent commercial brokering network Ten Insurance has been awarded chartered status by the Chartered Insurance Institute.
Editor's comment: Time for a new strategy
Last week some new battle lines were drawn, while others pulled back their troops, took stock of the situation and dug new trenches.
Aon Benfield launches cat model to quantify uncertainties
Reinsurance broker Aon Benfield has unveiled updated catastrophe tools to allow clients to better understand their exposures in spite of less complete information.
IRDA report paves way for banks to become brokers
A report on broking regulations by India’s Insurance Regulatory and Development Association has said banks will be allowed to become brokers, but that those wishing to do so may have to have a segregated broking arm.
Marks & Spencer and Post Office to discuss affinity insurance at Post event
Marks & Spencer and The Post Office have joined the speaker roll for the upcoming Affinity 2013 event.
My Best XI: Simon Taylor, Reich
Simon Taylor, managing director of Salford-based broker Reich, selects his best XI for an insurance industry start-up. In a team packed full of industry leaders, Taylor is hopeful a side that contains five chief executives, or equivalents, will provide…
Penny Black's Insurance Week - 23 May 2013
The annual British Insurance Brokers’ Association conference after-party can transform even the most mild-mannered broking boss into an incoherent, staggering shell of a man.
Career path: Will Woodman and Dawn Crowley: Part three
In the third and final instalment in the current three-part series, we continue to follow fictional insurance recruits Will Woodman and Dawn Crowley through their second year in the industry.
Career file - Danny King: Former Axa strategic relationship manager takes on Insurance Fraud Bureau role
The Insurance Fraud Bureau is targeting further growth in its customer base, having appointed Danny King as its new business development manager.