Broker
Post Magazine – 11 November 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Post in print - 11 November 2010
News editor Mairi MacDonald outlines the main news from this week's issue of Post.
Cullum snares BIB businesses
Cullum Capital Ventures has completed the acquisition of two businesses in the North east of England.
Beazley extends data breach cover
Beazley has doubled the number of people eligible for notification and credit monitoring protection under its data breach insurance policy, Beazley Breach Response.
Marsh lands RFU sponsorship
Marsh has been named the official insurance broker of the Rugby Football Union and a sponsor of the RFU’s community rugby programme.
68 staff at risk as Choice Quote business moved to Carole Nash
Following a business review, Groupama-owned GUK Broking Services has announced proposals for change to the future business model of its ChoiceQuote Insurance Services subsidiary.
Former Axa and HSBC manager Wheddon to head up R&Q MGA start up
Randall & Quilter has received regulatory approval for its first two group owned managing general agents, R&Q Commercial Risk Services and R&Q Risk Services Canada. Both MGAs have now commenced underwriting.
Ink in ‘unique’ position with rebrand
Giles-owned Ink Underwriting Agencies has rebranded as Ink Insurance in a move to become a one-stop shop for smaller brokers struggling to place business with insurers.
Biba outlines eight point motor insurance plan to government
The British Insurance Brokers’ Association has called on the Government to implement an eight point plan to reduce the spiralling cost of motor insurance.
Ageas and L&G join green insurance panel
Eco insurance brand I Buy Eco, has today announced the expansion of its home insurance panel with insurers Legal & General and Ageas.
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
MMC reports Risk and Insurance Services operating income up 12% in Q3 to $142m
Marsh & McLennan Companies' risk and insurance services segment revenue in the third quarter of 2010 was $1.3 bn, an increase of 8 percent from the third quarter of 2009.
Lord Chancellor agrees to review discount rate for PI claims
An agreement by the Lord Chancellor to review the discount rate has been welcomed by the Association of Personal Injury Lawyers.
Aon voices concerns over business interruption coverage
Delegates at the recent Aon Risk Symposium held in Madrid heard that Aon Corporation has seen increased demand and enquiries for business interruption insurance, yet a decreasing appetite of insurers to pay claims for the cover.
Aon voices concerns over business interruption coverage
Delegates at the recent Aon Risk Symposium held in Madrid heard that Aon Corporation has seen increased demand and enquiries for business interruption insurance, yet a decreasing appetite of insurers to pay claims for the cover.
Marsh signs exclusive agreement to boost offering in Iraq
Marsh has announced that it had signed a mutually exclusive agreement with Anglo Arab Insurance Brokers, the only international broker to be licensed and registered to operate in Iraq with offices across the country.
Bluefin puts Elite into run-off
Bluefin is putting its Elite underwriting facility for SME business into run-off.
NTR approaches £1.5m GWP in pilot
The Network Trading Room, a trading environment housed within the Broker Network exclusively for members, has today confirmed that it has written almost £1.5m GWP since trading began in August 2010 during a pilot for the service.
JLT CEO Burke "optimistic" as it enters final quarter of 2010
Jardine Lloyd Thompson has reported its "trading performance is in line with our expectations, notwithstanding continued challenging conditions" in its interim management statement for the period from 1 July to 8 November.
Ecclesiastical outlines plans for London restructure
Ecclesiastical has revealed plans for the reorganisation of its City office.
Aviva launches motor claims Iphone app
Aviva has signalled its intent to embrace the mobile phone market through the launch of its first Iphone application for motor claims.
One Answer Network appoints director
One Answer Network has appointed Neil Jenkinson to the role of client relationship director.
FSA director Strachan to head up Deloitte regulatory arm
Deloitte has appointed David Strachan, currently director of financial stability at the Financial Services Authority, is to join the firm as co-head of the Deloitte Centre for regulatory strategy in April 2011.
Ace: businesses need to focus on US trade risks
Ace’s corporate liability team has urged UK businesses to carefully consider the risks and opportunities of trading in the US.