Broker
BMS snares Kerr to lead Apac push
Independent broker BMS Group has poached Australia-based facultative broker Glenn Kerr from Aon Benfield.
OIM division E-Underwriting launches property owners product
The new division of OIM Underwriting, E-Underwriting, launched its property owners insurance product today on the Acturis platform.
Lack of cat activity leads to plentiful capacity in reinsurance market
Reinsurance capital continued to strengthen through the second quarter of 2012 as a result of limited exposure to catastrophe losses in the opening six months of the year.
BMS ups game in Australia with Aon Benfield hire
BMS has hired former Aon Benfield facultative broker Glenn Kerr to head up a push into Australia and the Asia-Pacific region.
Brightside to pocket £70m premium in Asda affinity deal
Brightside's new affinity partnership deal with Asda Money is expected to bring in up to £70m in premium over the next 18 months.
RAC sells Ace travel product
RAC is to sell travel insurance in the UK after striking a deal with Ace Group.
Miller completes double hire in US facultative property push
Miller has appointed former Arthur J. Gallagher property insurance expert James Venton, pictured, and former R K Harrison North American placement specialist Tom Morley.
Rural targets the south amid plans to double in size
Specialist agricultural insurer Rural Insurance has laid out plans to double in size within three years.
Liberty Mutual targets Midlands push following key hire
Liberty Mutual Insurance has moved to bolster its Midlands presence by establishing new underwriting capacity.
Brightside reveals Asda home and motor insurance win
Insurance broker Brightside has partnered with Asda to manage its Asda Money car and home insurance offering.
Flooding underlines importance of Statement of Principles
PWC has warned at risk homeowners that the current flooding affecting the UK is a stark reminder of the challenges they may face when the Statement of Principles expires.
UIB appoints new non-exec
Globsl reinsurance broker UIB has appointed Ralph Sharp as a board member and non-executive director for both UIB Ltd and UIB Holdings.
Allianz retail arm completes 'Clear' launch with houshold offering
The Allianz retail arm has completed the final phase of its Clear product launch, following a deal that will see the operation’s Clear household product available through Adrian Flux brokerage.
Direct Line to activate emergency flood plan this weekend
Direct Line has lined up teams of property insurance advisers who will be deployed to flooding hotspots around the UK ahead of another weekend of predicted heavy rainfall.
220 jobs up for grabs at Aviva Ireland 'centre of excellence'
Aviva is undergoing an Irish recruitment drive following the news that the insurer is looking to fill 220 vacancies within its Galway office.
Analysts claim Aviva business exit could spark shares re-rate
Analysts believe Aviva’s decision to scrap 16 of its most under-performing business units is likely to prove “challenging” given market conditions, however success could result in a shares re-rate.
Bosse steps down from Amlin board
Christine Bosse has retired from her position on the Amlin board after serving as a non-executive director at the firm for the past four years.
Cellerini takes over from Haugh as Zurich global corporate CEO
Zurich has appointed long-standing management figure Vinicio Cellerini to the position of UK global corporate chief executive.
Broker knowledge gap still an issue for cyber market
Limited broker knowledge is a challenge for cyber insurers trying to raise customer awareness of the products available, according to Geoff White, Zurich's senior market underwriter for techmedia.
Asia’s next big growth market
Asia-Pacific is still very much the place to be in insurance terms but as Jenni Marsh reports the less traditional markets, outside of China and Japan, are expected to be the real growth stories in the coming years.
Mandatory commission – an necessary evil?
Rumors of mandatory commission disclosure have plagued the market since the start of the year but as the European Commission confirms brokers fears Francesca Nyman assesses the impact on European brokers.
Further commercial SME losses reported in wake of flooding
The Preston-based Independent Group has become the latest regional adjuster to mobilise its teams across flood-hit regions, after it recorded a significant increase in claim volumes this week.
Brokers will use downgraded insurers, but only if clients make the request
Brokers have admitted they will continue to work with downgraded insurers at clients’ requests, despite rating agency Fitch conceding there is no end in sight to potential downgrades linked to the Eurozone crisis.
Brightside to become Asda's home and motor insurance provider
Brightside has swooped for its second major retail affinity contract in the space of seven days having signed a deal with Asda to distribute its motor and home insurance products, Post Online has learnt.