Broker
Cobra extends takeover deadline
Cobra has extended the takeover deadline to 7 June as it continues to liaise with Alto Intermediary.
QBE wins Gallagher deal
QBE Europe has been appointed to underwrite public sector business for AJ Gallagher subsidiary RMP from 1 July.
Olympics 2012: Team GB faces £300 000 insurance bill for basketball star
The cost of insuring Luol Deng to play basketball for Great Britain in this summer's Olympics could exceed £300 000.
View from the Top - Insomnia risks
Every survey of 'risks that might keep a CEO awake at night' over the past 12 to 18 months has included 'cyber risk' and will continue to do so.
Dann leaves JLT for Miller
Broker Miller Insurance has hired former JLT sales leader Warren Dann in a bid to further expand its book of large corporate clients.
Willis appoints new CEO for Norway
Willis Group has appointed Nils Arne Fagerli CEO of Willis Norway AS, effective immediately.
Quindell buy boosts telematics credentials
Quindell Portfolio has said its acquisition of software solution provider IT-Freedom will provide much-needed extra capacity for July, when it will emerge from the first mover advantage restrictions granted to its insurance technology charter client…
Insurers and brokers too resistant to change
Resistance to change is the biggest weakness for insurers and brokers, according to a survey by JLT at the 9th annual Global Communications, Technology and Media forum in Salzburg.
Suspected bogus broker arrested
City of London Police have arrested a suspected bogus insurance broker in a raid on a Bradford home.
CII encourages apprenticeships with new guide
The Chartered Insurance Institute has launched a guide for insurers to help them get the most of their apprentice employees.
Mapfre appoints Midlands boss
Adrian Cairns has been appointed regional manager for the Midlands at Mapfre Abraxas.
Italian broker Golinucci launches PI aggregator site
Italian broker Golinucci Assicurazioni has launched an online comparison site for professional indemnity insurance for the Italian market.
Nationwide slams CMCs as PPI wipes £103m from balance sheet
Nationwide has backed calls for tighter regulation of claims management companies after setting aside £103m to meet the cost of payment protection insurance claims.
Two hurricanes predicted to strike US in 2012
Hurricane activity this season is expected to be close to average, with scientists predicting four tropical storms including two hurricanes to strike the US between June and November.
Penny Black's Insurance Week
Handbags at dawn at the Biba conference
Market moves: Brokers a hive of recruitment activity
Insurance broker Jelf was among the most active recruiters this week, launching a four-strong affinities and schemes team and adding two new staff to its recently opened office in London.
Communicating Change: Preparing to be purchased
Groupama UK and its broker subsidiaries were put up for sale in January. How has its management communicated the process to ensure that positive commercial momentum is maintained?
Towergate commits to Power Place as former bosses unveil new ventures
Three former Towergate e-trading bosses revealed this month that they are forging ahead with two separate online start-ups. While this signals increasing interest and activity in the market, it leaves a question mark over the future of Towergate's online…
Household to become 'new motor' as insurers warn of price hikes to come
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
View from the top: Biba 2012 - Expensive jolly or crucial event?
The Biba conference is far more than a knees-up for brokers. It's a priceless professional opportunity, says Michael Rea.
Opening the Takaful market
Initial forays into the Takaful market in the UK have so far met with failure. Despite this, there is still a conviction that a relevant Takaful market exists.
Treasury puts forward pool proposal to replace Statement of Principles
The Treasury has suggested that a limited flood pool could be funded without new money, according to Anne McIntosh MP, chair of the Environment, Food & Rural Affairs select committee.
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
MMA and Provident's final sets of individual annual results published before their anticipated merger reveals a combined pre-tax profit of £4.53m for the year ending 31 December 2011.
Social Media: The social media circle
With a culture of risk aversion, insurance is not a major social media player. But will the emergence of innovative German player Friendsurance change things?