Broker
Allianz retail boss jumps ship to join First Central as marketing director
First Central bosses have signalled their intention to strengthen the firm’s online offering following the appointment of former Allianz Retail head of direct business Andy James as group marketing director.
American expansion gathers momentum at BMS following key hire
BMS has moved to further bolster its US reinsurance operation following the appointment of Chuck Hewitt to the joint role of senior producer, executive vice president and member of it stateside leadership team.
Ecclesiastical introduces rate rises after £14m underwriting loss
Church insurer Ecclesiastical plans to put up motor and household rates by up to 15% after posting a half year underwriting loss of £14.4m, which was more than double the £6m it was last year.
European View From The Top: Growth opportunities
Among all the doom and gloom you might think the chances of growth in the near term are slight, if not negligible.
CNinsure moves to e-commerce as H1 costs rise by 32%
Chinese intermediary CNinsure Inc is changing its long-term strategy to include a focus on e-commerce after its half year results saw costs grow by 32.1%.
Fraudster busted after downloading image to exaggerate paper-cut
A would-be fraudster who suffered a paper-cut while at the gym has been cautioned by the Insurance Fraud Enforcement Department after downloading an online image of a wound to support a £500 claim.
Howden moves to second stage of energy development with double capture
Howden has outlined the next phase of its energy division development following the appointment of Greg Stenzhorn and Richard Bateman, who join the firm from Aon Benfield and Price Forbes respectively.
Howden expands energy division with two appointments
Howden Insurance Brokers has entered the second phase of the development of its Energy division with the appointments of Greg Stenzhorn and Richard Bateman.
Transactor ramps up claims management software
Insurance software provider Transactor Global Solutions has unveiled a number of new features to its claims management software having completed a review and rewrite of the product.
IAG sheds $300m assets ahead of potential UK business sale
Insurance Australia Group has written off AUD$297m (£196.6m) remaining goodwill and intangible assets associated with the UK business just months before it decides whether to sell its loss-making divisions.
Ecclesiastical CEO upbeat despite significant H1 underwriting losses
Ecclesiastical chief executive Michael Tripp has blamed “turbulent times” after his group chalked up a first half underwriting loss of £14.4m (H1 2011 £6m).
Claims management companies come in for regulatory consultation
Verbal contract agreements between claims management companies and consumers could become a thing of the past, following the launch of a consultation process by the Claims Management Regulator.
Brokers told to up game in face of HNW competition
Intermediaries operating in the high net worth arena have been warned they must concentrate on improving their bespoke offering to clients if they are to win out over growing competition in the high-end home insurance market.
Parabis Group obtains ABS licence
Parabis Group has become the first private equity-backed firm to be granted an alternative business structure licence by the Solicitors Regulation Authority.
Aon boss sponsored by Nexus to ride in notoriously dangerous bike event
Aon associate director John Coleman is revving himself up ahead of the Manx Grand Prix this weekend, after bosses at Nexus Underwriting Management agreed to sponsor him to take part.
Hyperion boosts BP Marsh cash position
The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.
Hyperion boosts BP Marsh cash position
The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.
Rural founder to retire from business
The founder of agricultural insurer Rural Insurance, Lance Harvey, is to retire from the business after 17 years.
Swinton opens first commercial office in Scotland
Swinton has its first foothold in the Scottish commercial insurance market with the acquisition of Kirkintilloch Insurance Services.
Junction hires ex AA ecommerce boss Queen
Junction has appointed the former head of ecommerce at The AA Jamie Queen to the role of associate director on the BGL Group’s affinity arm.
Aviva recruits former Bupa fraud boss amid uncertainty over senior jobs
Aviva has appointed Anne Green to the newly created role of head of fraud for underwriting, pricing and product.
Finance professionals' hours stretch longer than ever before
The average financial professional feels they cover 30% more work than one person should, a survey has found
Historical hurricane costs upwards of $10bn in 2012, claim cat experts
Experts have stated that 28 out of almost 180 hurricanes that have occurred in the United States since 1990 would have caused $10bn (£6.3bn) or more in insured losses had they happened today.
UK General boosts commercial team with ex-Towergate hire
UK General has hired a former Towergate director Andrew Tailby as head of business development in the commercial division.