Broker
Market moves: Three new staff for Giles as recruitment drive continues
Continuing its push for new staff, Giles was again one of the biggest recruiters this week, with the broker welcoming three new faces to its Scottish team. Elsewhere in broking, Arthur J Gallagher, UIB and the Wilson Organisation brought in new starters…
Insurance Census: Age: The generation game
In the second of a three-part series on diversity in the industry, age comes under the spotlight. How are different age groups represented across insurance, and what is being done to entice the next generation of employees into insurance?
Political risk threatens global infrastructure sector
Organisations involved with the infrastructure sector must build political risk assessments and protection mechanisms into their project decision-making to help safeguard future investments, according to Marsh.
Motor Claims 2013: Panellists at loggerheads over credibility of medical evidence
Aviva claims director Dominic Clayden has questioned whether medical evidence is required in all low level whiplash claims, after expressing disillusionment with the current system.
Groupama MD Matras set to depart as Ageas unveils management shake-up
Ageas has this afternoon confirmed that former Groupama Insurances managing director Laurent Matras will leave the business, as the integration of the acquired firm gathers momentum.
Motor Claims 2013: Dalton calls on industry support for road safety scheme
The Association of British Insurers is urging industry players to support calls for the implementation of guidelines demanding tighter controls on young drivers, both prior and after passing their test.
Post magazine – 14 February 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Green Flag catches investors' eye
The appeal to investors of breakdown business Green Flag could provide its parent company Direct Line Group with "significant future flexibility" according to Investec Securities.
Willis reveals $446m net loss
Global broker Willis recorded a net loss of $446m for the 2012 financial year, in stark contrast to the previous year’s $203m profits.
Giles strengthens Leeds branch
Giles Insurance Brokers has appointed Andrew Perry as new branch director for its Leeds office.
Steve Gordon joins Henderson as marine director
Marine specialist Steve Gordon has been appointed as associate director by Henderson Insurance Brokers.
Patrick Gallagher to quit UK business
Gallagher Heath head of retail Patrick Gallagher is returning to his native US next month to take up a new retail role, Post has learnt.
Steady growth at Marsh and Guy Carpenter
Marsh and Guy Carpenter have both seen revenues increase for the year ending 31 December.
Willis reports $446m 2012 net loss
Willis group has posted a total net loss of $446m for the year ending December 31 2012, a significant swing on last year’s result of $203m profits, alongside plans to cut 200 jobs.
Bluefin axes London sales team
Bluefin has made its London sales team redundant, cutting four roles, according to Post's sister publication Insurance Age.
Moors-led management team completes Bollington MBO
The Bollington Group management team has this afternoon confirmed an agreement to buy a majority share in the firm.
Hyperion looks to align global operations following Bloomer appointment
Hyperion has appointed former head of UK litigation at RSA Will Bloomer as general counsel and chief risk officer, as the group seeks to align its worldwide legal, risk management and compliance functions.
NMB confirms Cooper Gay acquisition talks
Energy broker Newman Martin Buchan has confirmed that it is in exclusive negotiations over a potential acquisition by Cooper Gay Swett & Crawford.
Giles adds five brokers to network arm
Five brokers have joined Ink Underwriting's new network proposition, Compass Broker Services, so far this month.
Pothole claims double in January
The number of insurance claims for pothole-related damage to cars more than doubled in January to 1000, compared with the same month last year, according to estimations by AA Insurance.
Gadget and pet cover more popular than income protection
Pets and gadgets are a higher priority than income protection insurance according to a survey from broker Drewberry Insurance’s annual health and protection insurance survey.
Assurant director joins competitor as MD
The Source has appointed Assurant Intermediary's former sales & marketing director Kevin Paterson as its new managing director.
RFIB boss looks to the future after overseeing 9% turnover growth
International Lloyd’s broker RFIB Holdings chief executive Jonathan Turnball believes a 9% increase in group turnover to £47.5m last year will serve as a launch pad for further growth in 2013.
French consumers least likely to go online for insurance purchases
Online comparison sites are the fastest growing distribution channel for motor and household insurance in Europe, according to Finaccord.