Broker
Willis names Owens as CEO of amalgamated captive business
Willis Group has appointed Paul Owens as chief executive of the newly formed Willis Global Captive Management business.
FCA fines JLT Specialty £1.8m
JLT Specialty has been fined £1.8m by the Financial Conduct Authority for failing to have appropriate systems in place to guard against the risk of bribery or corruption when making payments to overseas third parties.
Turvill to continue as NED after retiring as Willis International chair
Willis International chairman Sarah Turvill will step down from her role at the end of the year before taking on a non-executive director position on the board.
ABC Home product launches on Berkley Alexander panel
LV Broker’s ABC home insurance product has been launched on the Berkley Alexander Quote & Buy panel.
London market set for further broker M&A
Mergers and acquisitions among London market insurance brokers are likely to increase in 2014 according to Deloitte.
FCA urged to probe premium finance arrangements after TCF accusations
Whistleblower says ‘nearly all’ big brokers are shortchanging their customers
Lark buys £40k CR Goddard book
Lark has purchased a small book of predominantly private client business from East Sussex broker CR Goddard.
Post magazine – 19/26 December 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Biba welcomes CC recommendations on most-favoured nation clauses
The British Insurance Brokers’ Association has welcomed the Competition Commission's move to act on “anti-competitive” most-favoured nation clauses.
Gallagher acquires Bergvall Marine
Arthur J. Gallagher has acquired Norway-based marine broker Bergvall Marine for an undisclosed fee.
Career development: Simply Business creates 100 new jobs
Simply Business has embarked on a recruitment drive that will result in the creation of 100 insurance jobs within the firm's Northampton headquarters.
Career development: Higos expands graduate scheme
High-street broker Higos is to grow its graduate training scheme following the success it has seen since launching in June this year.
Market Moves: Firms hopeful new hires will be Christmas crackers as recruitment enters festive frenzy
The insurance industry has sought to get its Christmas shopping done early, bringing home a number of presents for clients this week. Aviva tied a ribbon around Fraser Edmond, who replaces Sam Hudson as broker performance director, Zurich unwrapped Tim…
Zenith teams with Broker Direct on household cover
Broker Direct has inked a deal for Zenith to underwrite all of its Home Options business from 2014.
Bluefin subsidiary partnership offers tailored diving products
Bluefin subsidiary Bishop Skinner Marine has partnered with the British Sub-Aqua Club to launch two insurance products tailored for the club’s members.
Senior Wright Indemnity to rebrand as MGB following sale
Lloyd’s broker Senior Wright's indemnity business will change its name to MGB Insurance Brokers following its acquisition by Manchester Underwriting.
Interview: Brent Escott: Change for the better
Brent Escott has seen it all, with his 20-year career covering most areas of the insurance industry. So did becoming CEO of under-fire Card Protection Plan faze him? Not a bit.
Review of the Year: Broker: Action packed
Major acquisitions and people moves across the sector meant 2013 was a busy year for brokers – so how do broking bigwigs feel about the past 12 months?
C-Suite: Festive tips for perfect partnerships
Assess your needs to ensure you don’t find yourself underneath the mistletoe with the wrong party.
C-Suite: MGAs must attract top talent
There are currently three kinds of managing general agents: broker‑driven ones that are used to prop up broker revenue streams; MGAs supported by one carrier, normally mono-product and geography; and the multi-product and wide geographic MGA supported by…
Brightside slashes 2013 forecast by 20%
Brightside Group has reduced its 2013 earnings estimate by approximately 20% after further capacity restrictions in the fourth quarter of 2013 adversely affected the broker’s online business.
Devine replaces Bristow as divisional MD at Gallagher Heath
Gallagher Heath has appointed Tim Devine as managing director of its public sector and education practice.
Post expands coverage to include international insurance news
Post is delighted to confirm Insurance Insight is now part of postonline.co.uk giving our subscribers a truly global insurance view on the industry.
Higos expands grad scheme
High street broker Higos is to grow its graduate training scheme after a successful first year.