Broker
Penny Black's insurance week
Last week, Penny caught up with the man of the moment, outgoing Towergate CEO Andy Homer. Modest as always, Mr Homer insisted that for luring Mark Hodges from Aviva he and his colleagues deserved a "pat on the back".
View from the top: Trust is our bedrock
Last month, I attended the funeral of a good friend, Damien Doran, who worked for Perkins Slade, a great broking firm in Birmingham. Damien was the best of our industry. A man you could rely on to do the right thing for his clients, respected by everyone…
Westinsure reveals SME insurer deals
Broker network Westinsure has secured a range of SME deals with insurers for members that currently transact more than £100m of business in the sector. The new deals are designed primarily to cover package and small combined products and offer a…
Go Compare to study FSA recommendations
Go Compare has backed the Financial Services Authority's latest set of guidelines for aggregators.
Oamps sets sights on UK expansion
Oamps has confirmed its acquisition of the book of the life science and associated business from Giles Insurance Brokers as part of a strategy to grow its UK business through the acquisition of new teams.
Post magazine – 9 June 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Biba backs regulator's guidance for aggregators
The British Insurance Brokers' Association has welcomed the Financial Services Authority proposed guidance for comparison websites, which it said has addressed its own concerns about consumer detriment.
FSA sends warning shot to aggregators
The Financial Services Authority has urged aggregators to “think carefully” about whether they are introducing, arranging or advising customers and to reflect that with a change in permissions if necessary.
LV expands Ipswich operation
LV is creating 50 new jobs as it expands its current operation in Ipswich which deals with car insurance queries.
Howden names new chair with IPO experience
Howden's UK subsidiary, Howden Insurance Brokers has appointed Lorraine Adlam as chairman.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Airmic 2011: Firms underestimate true cost of major claims
A lack of understanding surrounding the range of uninsured costs and management time wasted means the true financial cost of major property claims are underestimated, says Heath Lambert.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Airmic 2011: Study identifies underlying risks that can lead to corporate failure
Boards failing to see – or just choosing to ignore – underlying risks can result in events serious enough to bring down or severely damage otherwise successful companies, research has revealed.
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Airmic 2011: Global insurance compliance is fastest-rising concern
The compliance of global insurance programmes is the fastest-rising concern amongst Airmic members, according to the result of the risk management association’s latest survey, ranking second only to reputational risk as their main worry.
Airmic 2011: Airmic launches risk management mentoring scheme
A mentoring scheme to help give young risk managers a boost in their careers has been launched by Airmic at its annual conference in Bournemouth.
Airmic 2011: Chartis opens multinational centre of excellence
Chartis has launched a multinational centre of excellence to provide clients and brokers with a focused source of expertise and delivery for global insurance programmes.
Airmic 2011: Property rates to remain static, says Willis
The cost of commercial property and business interruption cover remains at an historic low, the latest Airmic-Advisen benchmarking survey of 135 Airmic members has found.
Airmic 2011: It is not necessary to increase fleet insurance costs each year, says QBE
“Fleet insurance costs do not need to go up each year – there is another way”, says QBE’s Doug Jenkins.
Airmic 2011: Generation Y could hold the key to corporate response to emerging technologies
The use of technology as a central part of their lifestyle separates Generation Y (those under 30 years old) from Generation X (everyone else), but risk managers rarely consider the threat that this cultural chasm represents, the Airmic conference heard…
Giles sells life sciences book to Oamps
Giles is understood to have sold its life sciences business to Oamps Special Risks.