Broker
Biba defends brokers following Law Society criticism
The British Insurance Brokers’ Association has defended the broking community following criticism from the Law Society.
Law Society slams brokers as it launches direct solicitor’s PI service
The Law Society today launched its long anticipated joint venture with broker Miller to provide professional indemnity cover for small solicitor firms.
Willis signs up to Xchanging’s outsourcing service
Willis has become the first broker to sign up to Xchanging’s outsourcing service for the collection of defence fees.
Europe: A pen for Europe?
Managing general agents have seen a resurgence of popularity in the UK, but has there been a similar renaissance across the continent? Tim Evershed investigates.
Post magazine – 29 August 2013
This week's issue of Post is now available to subscribers.
Cable’s accountability plans increase D&O brokers risk management role
Brokers selling directors’ and officers’ policies could be called upon to ‘plug the gap’ between policyholder expectations and insurance cover following tough new government proposals aimed at increasing the responsibility of company executives.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
Lockton unveils solicitor site ahead of PI renewals
Lockton has launched a specially designed website for solicitors to provide guidance and support on insurance.
Underwriters under pressure to secure facility deals to remain in London market
Lloyd’s underwriters have been warned they may have to secure facility deals with brokers in order to conduct business in the market in the future, despite a question mark remaining over whether these practices are anti-competitive.
Leader: Will the Lutine Bell fall silent?
In the 17th Century, London’s importance as a trade centre led to an increasing demand for insurance, and Edward Lloyd’s coffee house soon became recognised as the place to obtain marine cover.
Aon, Deloitte and Clyde & Co linked to rogue PI SOCA list
Aon, Deloitte and insurance law firm Clyde & Co have been named among the firms that appear on the Serious Organised Crime Agency’s list of organisations that used rogue private investigators, the Mail on Sunday revealed.
Telematics and mobile devices innovation trends to watch
More than 400 insurance-related patents were filed last year, with telematics products and use of mobile devices among the top trends, research from a London law firm has found.
View from the Top: What business are you in?
In my studies, the organisation often held up as being a model for having clarity of vision is Walt Disney. Its mission, “to make people happy”, captures its customer focus, purpose, culture and has been a guide for years about what the company should…
Career file - Dane Douetil: Ex-Brit boss Douetil takes helm as BMS group CEO
Broking group BMS Associates has named Brit Insurance chief executive Dane Douetil as group CEO.
Ethics: Do the right thing
The insurance industry may need a root and branch overhaul of its approach to ethics. But with claims that companies don’t actually understand the issue, the road to restoring trust is set to be rocky.
Market Moves: Douetil and Plumeri re-emerge as brokers make moves in the recruitment space
This week saw the return of former Brit boss Dane Douetil at broker BMS, as well as Joe Plumeri taking on his first job since exiting Willis. It was brokers leading the way in the wider recruitment space, with Higos and JLT among the movers and shakers…
Non-standard risks: Playing it safe
With increasingly cautious insurers regularly redefining what should be classed as non‑standard risks, is expertise available to deal with the challenges they present?
Bluefin names Thomson as regional MD for the Midlands
Bluefin has appointed Robin Thomson as regional managing director for the Midlands within the commercial division.
Towergate network division reports membership surge
Towergate-owned Broker Network and Countrywide have boosted membership by signing up nine broking businesses over the past two months.
Deakin targets commercial retail growth at Arthur J Gallagher
Arthur J Gallagher UK commercial director Janice Deakin is confident of achieving growth in the commercial retail space after describing it as “an ideal time” to be targeting business.
90% of insurance staff proud to work in the sector
Research by recruitment firm Randstad has revealed that 90% of insurance professionals are proud to work in the industry.
Mike Lobb joins US Risk UK
Former Howden Broking Group chief of staff Mike Lobb has been appointed the first managing director of US Risk UK.
Hyperion stake sale nets £29m for BP Marsh
The sale of a 30% stake in Hyperion to General Atlantic has banked the private equity firm £29.2m according to accounts released today.
Aon opens new Cambridge office
Aon Risk Solutions is opening a new office in Cambridge as well as expanding the existing Aon offices based in St Albans and Chelmsford as part of regional expansion plans.