Broker
ABI welcomes Biba to flood working group
The Association of British Insurers has welcomed the prospect of working with the British Insurance Brokers' Association to deal with major flood events.
Brokers still slow over electronic commercial trading
The vast majority of brokers think premiums placed electronically should be no larger than £5000, although 7% feel premiums of any size could be underwritten electronically.
Towergate smooths IPO path with debt restructure
Towergate has enlisted investment bank JP Morgan to advise it on a debt restructure that will extend the length of time it has to repay monies owed by swapping bank debt and preferred shares for a stake in a new subsidiary.
Jelf appoints Barton as chief executive
Phil Barton, commercial director of Jelf Group, has been promoted to the newly created role of chief executive of the group's insurance business.
Kwik Fit's Meechan joins Tesco
Kwik Fit Financial Services insurance development director Gerry Meechan is set to join Tesco as part of its new general insurance structure, Post has learnt.
BI specialists urge policy clarifications
Business interruption specialists have urged insurers to clarify their policies following the publication of a Chartered Institute of Loss Adjuster BI wording review.
Prime Professions to replace Quinn on solicitors account
Prime Professions is poised to replace Quinn with another insurer for its UK solicitors account, with Zurich and Travelers as frontrunners, Post has learnt.
SSP reveals profits rise
Technology firm SSP has revealed that its profit had risen 5% to £17m on revenues of £75m (up 2%) for the 12 months ended 31 March 2010.
Endsleigh and Lloyds TSB to take volcano claims hit
Endsleigh and Lloyds Banking Group have agreed to compensate customers for certain volcanic ash travel claims following the decision by their underwriter, Axa, not to pay out most claims.
Coverzones shuts up shop after finance warning
Commercial insurance aggregator Coverzones has shut up shop less than two years after it commenced trading in June 2008.
The Aldermanbury Declaration - watch the debate
If you missed yesterday's live webinar debating the recently launched Aldermanbury Declaration it is now available for viewing on-demand.
Towergate seeks £665m cash boost
Towergate Finance, part of the Towergate Partnership, is seeking a £665m cash boost from investors to refinance its existing debt and redeem certain preferred shares.
Aon Q1 net income and reinsurance commissions drop
Net income attributable to Aon stockholders was $178m, compared to $280m for the prior year quarter. Retail commissions rise but reinsurance commissions drop.
Aviva continues search for corporate risk MD
Aviva is still searching for a managing director to lead its corporate risk solutions team four months after its launch.
McIntyre and Ageas name change given Fortis green light
Fortis has received overwhelming support from its shareholders for its proposed name change to Ageas.
Allianz launches e-cover notes for brokers
Allianz Retail operations has introduced free electronic cover notes for imarket registered brokers.
Bluefin warns of motor fraud with MoJ reforms
Bluefin Insurance Services has called upon motors insurers to proceed with care when resolving road traffic accident claims.
McIntyre and Ageas name change given Fortis green light
Fortis has received overwhelming support from its shareholders for its proposed name change to Ageas.
Jelf appoints insurance CEO
Jelf Group has appointed Phil Barton, group commercial director, to the newly created role of chief executive – Jelf Insurance.
Bowring Marsh names global business development boss
International placement broker Bowring Marsh has named George Jones as its first ever global head of business development.
Bowring Marsh names global business development boss
International placement broker Bowring Marsh has named George Jones as its first ever global head of business development.
The TV leader's debate on the economy - who won?
Last night the three main political leader's debated the economy live on the BBC.
JLT seeing “increasingly soft market”
Broker JLT held its annual general meeting on 29 April, stating its outlook is “encouraging” for the 2010/11 financial year.
Post has gone digital
Post Magazine has invested in a new digital, interactive version of the weekly magazine for its subscribers.