Broker
Editor's comment: Battle of the brands
From scrap yards to scrap heaps. Last week, the industry was getting agitated about the soaring problem of metal theft, while this week it’s more a sad tale of two well-known insurance names finding themselves destined only for the brand graveyard.
Allianz launches ‘landmark’ scholarship scheme
Up to 50 brokers across the country are expected to sign up for a “landmark” Allianz Commercial scholarship scheme aimed at boosting standards of professionalism within the industry.
Growth in green energy prompts Rural to enter market
Specialist agricultural insurer Rural, part of UKGI, is the latest business to launch a suite of green insurance products to meet the growing demand for cover from farmers investing in renewable energy schemes.
Insurers welcome compensation reform as legal firms blast government policy
Major UK insurers have responded to David Cameron’s vow to “kill off” the UK compensation culture by welcoming a reduction of health and safety red tape, while demanding safeguards to maintain safe workplaces.
View from the top: Fighting fraud
Insurers and intermediaries must act now to beat the rise in personal lines fraud, says Will price, BGL.
Ask the expert
I plan to resign soon as, although I like the company I work for, I dislike my line manager. Is it wise to use my exit interview to make others aware of their poor management style or will that affect my references and my new job?
Market moves: New faces in the broker space
This week saw a flurry of moves in the broking sector, with both Lorica and Alan & Thomas brining in several new faces.
Roundtable - Analytics: the true value of quality data
As investment in analytics increases, Post gathered a group of experts to debate the rise in the use of data in all areas of the insurance industry.
Expert analysis: Relatively calm
Although competition remains fierce in the aggregator arena, the rush for volume has slowed as the motor market moves closer to break-even point, says Tom Cooper, Igo4.
Bartlett & Company becomes Lloyd's broker
Bartlett & Company has today announced its new position as a registered Lloyd’s broker.
Post magazine – 12 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Mixed 2012 renewals for global reinsurance market
The 1 January 2012 renewals saw a shift in industry behaviour as both insurers and reinsurers implemented more sophisticated, customised approaches to risk assessment and mitigation, according to Guy Carpenter.
Colosso exits Gallaghers amid growth-driven exec restructure
Arthur J Gallagher International has confirmed that Adrian Colosso, chief executive of UK Retail and former CEO of Heath Lambert prior to its acquisition, will not return to the business following his sabbatical, as it unveiled a new-look executive team…
Gallaghers confirms Canopius underwriting move
The CEO of AJ Gallagher International has confirmed a team from Canopius’ UK underwriting division is set to join the broker, hailing it a “massive step” for OIM Underwriting.
XL announces in-house underwriting and engineering merger
XL Group has combined its property underwriting team and global asset protection services engineers to form a unified international team of almost 200 risk engineers.
Cooper Gay expands marine reinsurance team
Lloyd’s broker Cooper Gay & Co has appointed John Sullivan as a director of its reinsurance division.
Cat losses for 2011 second highest on record
Total insured natural catastrophe losses of $107bn (£69bn) in 2011 were the second highest on record - surpassed only by the 2005 total of $120bn.
China's "cash before cover" regulation introduces ambiguity
Regulations designed to enhance cash flow for Chinese insurers will introduce ambiguity into the market and could lead to reduced policy coverage, according to Marsh China.
Adrian Flux becomes first broker to sign up with tyre safety group
Adrian Flux has become the first insurance broker to sign up with safety campaigning group Tyre Safe.
Hyperion confirms Windsor takeover talks
Hyperion has confirmed that it is in discussions with Lloyd’s broker Windsor over a potential takeover deal.
Hyperion in takeover talks with Windsor
Hyperion Group is currently in discussions with Windsor Limited regarding a potential offer for the company.
Giles outlines new role for Hessett following Chambers exit
Bosses at Giles have defined the role of newly appointed deputy finance director Alastair Hessett, who has been promoted internally following the exit of former director Mark Chambers.
Extreme UK weather behind car claims increase
The storms that battered parts of the UK brought a 28% increase in car insurance claims over the first five days of January, compared with the same period last year, according to the AA.
Towergate confirms double departure
Towergate has confirmed the resignations of senior management duo Andy Smallwood and Sally Swann, less than four months after Mark Hodges took over the reins at the broker.