Broker
Market Moves - 1 October 2015
Who has moved where in the world of insurance this week?
Industry leaders hammer out key conference season concerns
Less government intervention in business, the cost of regulation and the planned increase in insurance premium tax top the list of topics that the insurance industry wants addressed ahead of the annual political conference season.
Nimmo to take on Lockton CEO role as Hammond becomes exec chair
Lockton international operations' deputy CEO Neil Nimmo is set to replace Mike Hammond as CEO of the privately held broker in the UK and internationally.
Reid to join Gallagher on 12 October
Incoming Arthur J Gallagher UK retail CEO Stuart Reid is to join the broker on 12 October.
Simply Business boosts pre-tax profits for 2014
Xbridge, the online insurance broker for small businesses operating under the Simply Business name, has reported an 8% increase in pre-tax profits for 2014, according to documents filed at Companies House.
Neil Eckert steps down as Gallagher NED
Brit founder Neil Eckert has stepped down from his role as non-executive director at Arthur J Gallagher.
Cost savings behind 5% reduction in 2014 Swinton operating profit
High-street broker Swinton has attributed “significant cost savings” within the group to a 5.1% reduction in its operating profit to £24.2m last year (FY 2013: £35.5m).
Brown to build off success of Towergate MGA as underwriting boss
Towergate chief operating officer Adrian Brown plans to build off the strong relationships the consolidator has with insurers and brokers when he takes over as Towergate Underwriting CEO on 1 November.
Towergate stalwart Clive Nathan to be replaced by Adrian Brown
Towergate Underwriting CEO Clive Nathan will leave the company at the end of January 2016, with his role being taken over by chief operating officer Adrian Brown.
Insurance Data & Analytics 2015 as it happened
Couldn't make it to the Radisson Bloomsbury for Post's Insurance Data & Analytics event?
Axa and RSA mini-fleet products added to Applied Systems' panel
Applied Systems is expanding its commercial lines panel with the addition of mini-fleet products from Axa and RSA.
C-Suite - Broker: In the scheme of things
Insurance graduate training schemes are back, revamped for the 21st century.
Market Moves - 24 September 2015
Who has moved where in the world of insurance this week?
Turnover and profits increase in 2014 at Higos
Higos Holdings, the owner of broker Higos Insurance Services, has posted an increase in UK turnover and operating profits for 2014, according to documents filed at Companies House.
Lloyd to lead AA’s insurance services following management restructure
The AA has reshuffled its management team as part of its transformation programme in a bid to increase focus on the customer and simplify management structures.
Gallagher network Compass hits £645m GWP as 20 members join
Twenty brokers have joined Arthur J Gallagher's UK network Compass in the past six months taking the total gross written premium controlled by its members to £645m.
Lockton hires Aon’s former sales head as SVP for the north
Lockton has appointed Kelvin Chadwick as a senior vice president for its north of England operations.
Bought By Many to harness social media after buying pet insurance broker
UK start-up Bought By Many has acquired 100% of the shares in pet insurance broker Brooks Braithwaite (Sussex).
Deakin claims Towergate is ‘not a hierarchical team' ahead of Ross's arrival
Towergate insurance broking division head Janice Deakin says incoming CEO David Ross will be an "integral part" of the executive team when he joins the consolidator on 2 November.
JLT Employee Benefits to acquire Close Brothers' corporate arm
JLT Employee Benefits has agreed to acquire the corporate business of Close Brothers Asset Management for an undisclosed fee.
Expertise From A-Z: SMEs - Better use of data
There are huge amounts of data out there and it is now much easier for brokers to use and place business online – if only they were more aware of this
Video: Expertise A-Z: Q&A with Andy Wells
Using current databases and applying rating technology is making systems much more intelligent and expanding the size and types of business risk that electronic trading.
Expertise From A-Z: SMEs - Protecting SMEs
A Financial Conduct Authority thematic review found SMEs were being let down by claims handlers. What can the industry do to improve?
Towergate names leadership team to serve under Deakin
Towergate has confirmed the leadership team of its insurance broking business, comprised of the retail and advisory divisions, led by Janice Deakin, who joined the consolidator in August.