Broker
Career File - Steve Hearn: Hearn named new CGSC chief executive
Cooper Gay Swett & Crawford has appointed Willis Group Holdings deputy CEO Steve Hearn as Toby Esser's successor as group CEO.
Market Moves: 9 July 2015
Who has moved where in the insurance industry this week.
Interview: Kenny Hogg, Neil Thornton and Mike Owen: the bedrock of bluefin
After a tumultuous three months at Bluefin, three men have been calmly navigating the choppy waters and keeping the ship on course. Post spoke to Kenny Hogg, Neil Thornton and Mike Owen about the future of the broker.
Dual looks to capacity provider Arch for claims head hire
Angus Watson has been appointed global chief claims officer at Dual, Hyperion Insurance Group's underwriting arm.
Mugge appointed Towergate CFO
Towergate chief operating officer Mark Mugge has been appointed group chief financial officer at the company.
Egan to exit Towergate for RSA CFO role
Towergate interim CEO Scott Egan is to join RSA as group chief financial officer and executive director with an annual salary of £525,000.
Research: Young Broker Nation: 3: Professionalism
How do young insurance brokers view the industry bodies there to represent their interests, and what is their view on the drive towards greater professionalism through qualifications and training? In the third instalment of Young Broker State of the…
Stackhouse Poland acquires parish council and HNW brokers
Stackhouse Poland has acquired Came & Company and Parish Council Insurance Brokers.
Insurers advised to prioritise Flood Re access as April inception looms
Insurers run the risk of losing out to faster-moving rivals if they do not prioritise being able to access the Flood Re scheme ahead of its April 2016 inception.
Willis adds three to network membership
Three new brokers have joined Willis Networks taking its total membership to 119.
Thistle hires former Brightside CEO Williams
Former Brightside CEO Paul Williams is to become managing director of JLT-owned Thistle Insurance Services.
Post reveals consumer champions as Trust Insurance Taskforce
As part of its campaign to improve trust in the insurance industry Post has announced a taskforce of consumer champions, who will challenge insurers thoughts, beliefs and processes, and provide much need feedback and a realistic view of what customers…
Markel appoints new senior underwriter and head of professional indemnity
Markel International has appointed David Sawyer as senior underwriter and head of professional indemnity in its professional and financial risks division.
Bluefin makes regional hires in Milton Keynes and Northampton
Bluefin has hired Nick Pay and Paul Scott as branch directors in Milton Keynes and Northampton.
AA sees spate of motor claims from ‘giant' hailstones
AA Insurance estimates hailstorms last week in the north east of England have damaged 1700 cars worth up to £1.5m.
Every firm is a potential target as Ace completes second largest deal in insurance history
UK insurance companies have been warned that no firm is immune from purchase as companies feel the need to ‘eat each other’s lunch’ to solve organic growth challenges in what has been labelled a ‘mad’ consolidation environment.
Young Broker Blog: The art of happiness
As Post's second instalment of its Young Broker State of the Nation research this week revealed young brokers are proud of their chosen careers and embrace learning opportunities, LV's Michael Lawrence reflects on why age ain't nothin' but a number
Blog: Restrictive covenants or restricting growth?
The vexed topic of restrictive covenants has reared its ugly head of late, with an escalation of high profile team lifts and an increase in legal actions, as well as ‘other skulduggery' against past employees.
Former Endsleigh commercial head buys charity broker
Endsleigh’s former head of commercial Tim Larden has completed the purchase of Sheffield-based broker Ladbrook Insurance.
Moody's puts CGCS debt ratings on negative review
Moody's has placed the ‘B3’ corporate family rating and ‘B3-PD’ probability of default rating of Cooper Gay Swett & Crawford on review for downgrade given deterioration in the group’s Ebitda, financial leverage and interest coverage metrics.
Swinton poaches Lloyds' Beaven for distribution director role
Swinton has looked to the banking sector in recruiting a new distribution director, appointing Richard Beaven, formerly of Lloyds Banking Group, to the role.
Axa issues travel policy guidance on Greece and Tunisia
Insurer Axa has agreed to double the cash limit on all travel products at point of claim for customers travelling to Greece or any Greek islands until 30th September 2015.
Blog: Six reasons 2015 will be the biggest year yet for insurer M&A
I have to admit I am prone to the odd football analogy and the news yesterday that Ace is to acquire Chubb in a £18.1bn mega deal has certainly given me more scope to plough this furrow given that it happened on the day the transfer window opened (1 July…
Gallagher Bassett bolsters UK footprint with CAA purchase
Global third party claims administrator Gallagher Bassett International has moved to boost its UK presence with the acquisition of Countrywide Accident Assistance.