Broker
Directors’ and Officers’: Time for expansion
With the modern ‘blame culture’, directors’ and officers’ cover should be an easy sell – so what is holding it back and how can this be overcome?
Willis lines up 49% stake in India's Almondz
Willis has agreed to purchase a 49% stake in Almondz Insurance Brokers subject to the Indian foreign investment cap being increased by Parliament.
Covéa confirms acquisition of Sterling
Covéa’s acquisition of Sterling has been given the green light by the Prudential Regulation Authority.
Editor's comment: A game of musical chairs?
Anyone watching insurance from the outside might well believe that the sector is currently playing an elaborate game of musical chairs with staff constantly moving from one broker to another.
Chilton encouraged to answer retail question mark with senior hires
Arthur J Gallagher International CEO Grahame Chilton must prioritise replenishing his senior team if he is to thrive at the broker, according to market peers, who have highlighted a lack of UK retail experience as a potential obstacle.
Broker Consolidation: When two become one
Merger and acquisition activity in the broker sector is set to continue in 2015. What are the potential pitfalls and how can they be avoided?
Europe: Opportunities in Middle and Eastern Europe despite geopolitical risks
Despite the Russian-Ukraine crisis, 2014 brought hope of a revival for the regional market in Middle and Eastern Europe. Economic prospects have been positive, regardless of the continual geopo
C-Suite - Broker: Wanted: politician for apprenticeship
Partisan politics and short-term thinking hinder the insurance sector. What can be done to change this?
Former FSA boss in frame to replace Lyons at Towergate
John Tiner, former CEO of the Financial Services Authority, is a contender to replace Alastair Lyons as chairman of Towergate according to a report.
AJG International CEO Chilton defends retail credentials
New Arthur J Gallagher international CEO Grahame ‘Chily’ Chilton has hit back at claims he lacks retail experience in his first interview since assuming the role.
Who killed Lucy Beale has nothing on AJ Gallagher - Towergate for soapy intrigue
It is amazing how often words come back to haunt people.
CMA inviting comments on Willis and Miller merger
The Competition and Markets Authority is asking for comments on the anticipated acquisition by Willis Group Holdings of Miller Insurance Services.
Brown and Deakin to join Towergate
Arthur J Gallagher’s commercial director Janice Deakin and executive chairman of underwriting and distribution Adrian Brown have both agreed to follow former boss David Ross to Towergate.
Lloyd's appoints first representative in South Korea
Lloyd's has appointed Jin-Yung Sun as its first representative in South Korea.
Gallagher boss Chilton 'a mentor' for ex-CEO Ross
The appointment of Grahame Chilton as CEO of Arthur J Gallagher International comes just weeks after his predecessor David Ross described Chilton as a “mentor” and praised his ingenuity during his time at reinsurance broker Benfield.
Chilton named as Ross' successor as Gallagher international CEO
Arthur J Gallagher has appointed Grahame Chilton as CEO of the company’s UK-based international brokerage division.
Brokers think home insurance sector will be more competitive in 2015
In a survey of brokers working in personal lines, more than half said the biggest threat to growth will be growing competition from other brokers and direct insurers in 2015, according to research by LV Broker.
EBA and Partner Re Wholsale partner for Italian market
Underwriting agency EBA Insurance Services has announced a strategic partnership with Partner Re Wholesale, a new specialist insurance division of Partner Re.
Arthur J Gallagher buys Cohn Financial Group
Arthur J Gallagher has acquired Cohn Financial Group, an Arizona-based private placement life insurance distributor, for an undisclosed amount.
Guy Carpenter looks to Willis for analytics head
Matthew Eagle has been appointed international analytics head for Marsh reinsurance arm Guy Carpenter.
C-Suite: Taiwan lacking insurance provisions for food recall scandals
A senior Taiwanese broker argues that increasing fines is not enough to help Taiwan's food industry overcome several food recall scandals.
CMA no claims bonus deadline branded 'wholly unrealistic' and a distraction
Insurers and brokers have rejected the Competition and Markets Authority’s proposed deadline of 1 September for a protected no claims bonus remedy, declaring it “wholly unrealistic” and warning it could lead to market distortion.
Lance Armstrong ordered to pay insurance company £6.5m
Disgraced cyclist Lance Armstrong has been ordered to pay insurance company SCA Promotions $10m (£6.5m) in damages, in what is thought to be the largest award of sanctions assessed against an individual in American judicial history.
Q&A Theo Duchen and David McDonald: From Nairobi to Nottingham
Co-founders of Acturis Theo Duchen and David McDonald reveal how their recent acquisitions tie into their wider plan for international expansion