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Quiz of the week - 18 December
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Besso secures Clydesdale Bank funding
Besso has secured funding from Clydesdale Bank to support its growth strategy and build-out its expansion into new regions.
Covéa to enter direct motor market in 2016
Covéa Insurance will launch a direct motor insurance offering, with a live date planned for early 2016.
Takeover date announced for Crane at LV
Mike Crane will officially take over as managing director at LV broker on 1 January next year.
AA disputes Storm Desmond will lead to home premium hike
AA Insurance does not expect claims from Storm Desmond to result in widespread home insurance premium increases because the expected £250m of claims from the event are below the £1bn of claims needed to trigger across-the-board increases.
Ex-Zurich UK boss Smith joins Lockton as NED
Former Zurich UK general insurance CEO Dave Smith has joined broker Lockton Companies as a non-executive director advising the boards of Lockton and its managing general agency Mapledown Underwriting.
Blanc hails ‘heartening' full-year figures at Aston Scott
Aston Scott Group has reported a 6.4% increase in its fee and commission income for the year ended 30 June 2015 to £17.8m (2014: £16.7m).
Towergate embarks on a 100-strong recruitment drive to grow sales force
Towergate Insurance Brokers is embarking on a recruitment drive of sales executives and sales leaders as it looks to grow its advisory sales force by 100 over the next two years and open new offices.
GAP product to go to market via Maltese PCC
Maltese protected cell company Building Block will partner with UK-based broker Nova Insurance to provide a new guaranteed asset protection (GAP) product.
Editor's Comment: 2015: A year in review
Christmas is a time for reflection on the past year and to think about what 2016 might bring.
Brightside signs five-year breakdown deal with RAC
Brightside Group and the RAC have signed a five-year deal that will see the broker selling a variety of breakdown products to customers across its motor book.
Expertise From A-Z: Full Year Market Spotlight – The Game Changers
How will changes during 2015 impact the industry in the coming year?
Market Moves - 17 December 2015
All the movers and shakers in the insurance industry.
C-Suite - Broker: On closer inspection
For the Insurance Act to work, insurers and brokers must agree what is classed as fair presentation.
Specialist cover launched for motorbike riders
A motorcycle product that allows riders to choose how much to insure their helmets and leathers is on offer from Loss Insurance Services.
European Council adopts insurance distribution directive
The European Council today (14 December) adopted a directive establishing new rules on insurance distribution designed to improve consumer protection for insurance products.
Berry Palmer & Lyle promotes Esdaile and Aspinall to joint MD role
Specialist credit and political risk insurance broker Berry Palmer & Lyle has appointed James Esdaile and Sian Aspinall as joint managing directors.
Carlyle deal paves way for specialist CL and HNW acquisitions at PIB
PIB Insurance CEO Brendan McManus is targeting numerous acquisitions in the early part of next year following investment into the business from private equity firm The Carlyle Group.
Bluefin acquires three Broker Network members
Bluefin has acquired Edinburgh-based Lomond MacDonald Insurance Brokers from Lomond Capital in a deal that completed on 30 November 2015.
Integro acquires Entertainment Insurance Partners
Integro Insurance Brokers has acquired Entertainment Insurance Partners, the parent company of Robertson Taylor Insurance Brokers.
LMA Academy sees its biggest year to date
With almost 7000 insurance professionals having taken part in events organised by the Lloyd's Market Association Academy since January, 2015 is set to be the biggest ever year for the LMA’s training and development team.
McManus and Giles sell 'significant' PIB stake to Carlyle Group
Global alternative asset manager The Carlyle Group has agreed to acquire a significant equity stake in Brendan McManus and Chris Giles’ latest broking venture PIB Insurance.
Ex-Towergate director Trott moves from RK Harrison to NAH
RK Harrison specialist markets director Simon Trott has left the company to take on the role of managing director at National Accident Helpline, Post understands.
Shareholders approve Willis and Towers Watson merger
The merger of Willis and Towers Watson is set to go ahead after shareholders of both companies approved proposals at a special meeting in the US today (11 December).