Broker
Market Moves: Retirement of high-profile trio among week’s major moves as RSA and Axa add new staff
This week was dominated by big-name departures from the insurance industry, with retirements at Axa, McLarens and Cunningham Lindsey. The exits of Max Carruthers, Trevor Latimer and Gerry Loughney stand out as the biggest moves in a week in which RSA and…
Claims management: Crackdown
Do new measures aimed at snuffing out poor practice by claims management companies go far enough?
IUA Group to oversee London Market Claims Committee
The International Underwriting Association is to oversee a new London Market Claims Committee which has been set up with the aim of establishing best practice guidelines for the energy claims market.
Sajid Javid to keep ‘insurance minister’ role
Former Economic Secretary to the Treasury Sajid Javid will maintain his financial services portfolio in his new role as Financial Secretary, Post understands.
Expertise Live: Going green
The latest Expertise Live event, held in association with Zurich, focused on real estate, energy and sustainability.
Tysers report points to premium rises for hard-up shipowners
Declining investment income is expected to trigger an average premium rise of 7.5% for shipowners, according to Tysers’ annual report on protection and indemnity clubs.
Richard Benyon leaves Defra
The current parliamentary under-secretary of state for natural environment, water and rural affairs Richard Benyon MP has announced he is leaving his post at the Department for Environment, Food and Rural Affairs to move to the back benches.
E-Underwriting launches niche property owners product
E-trading specialists E-Underwriting has unveiled a property owners product, enhancing Power Place’s panel with a niche product.
Lloyd's left in the shade by company market in reputation report
Catlin has been nominated the best known underwriting business and Zurich the fastest improving business, following a Gracechurch Consulting poll of more than 450 London market brokers.
Post Intelligence – company profile: LV=
Within general insurance, LV= is looking to maintain its position as a top five general insurer in its target markets and to be active in all major channels.
Willis Group hires Drivas to drive European fac growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Willis hires Drivas to drive facultative reinsurance growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Giles shareholders receive payout warning
Broker Giles has told class A and B ordinary shareholders in Expectrum that their shares will not pay-out following its acquisition by Arthur J. Gallagher.
Gallagher blames expenses for Heath Lambert's £17m 2012 pre-tax loss
Gallagher-owned broker Heath Lambert was hit by a loss of £16.9m in 2012 following increased expenses, which are likely to continue through this year.
Arthur J Gallagher files £13m pre-tax profit for 2012
Arthur J Gallagher has revealed a pre-tax profit of £13.1m for the year ending 31 December 2012 in figures filed with Companies House this week.
LV Broker appointed to Footman James kit car account
LV Broker has been appointed by Footman James to provide kit car insurance and will take on all existing Footman James customers at renewal.
Cigna marks First Assist re-brand with double product launch
First Assist Insurance Services is to be renamed Cigna Insurance Services almost two years after the acquisition of the CIS business.
Ex HSBC chief economist to address Biba Scotland
Former HSBC economist Dennis Turner is to give the closing presentation at the British Insurance Broker's Association Scottish conference, set to be held near Stirling on 20 November.
Post magazine 3 October 2013
This week's issue of Post is now available to subscribers.
Outgoing Lloyd’s CEO vows to make Aon’s sidecar deal deliver on promises
Merits of Aon’s ‘parasitic’ arrangement with Berkshire Hathaway questioned.
Lloyd's slams government's Flood Insurance Obligation
Lloyd’s has condemned the government's proposed Flood Insurance Obligation stating it would make UK insurers less competitive than their European counterparts.
Howden acquires Norwegian broker
Howden Broking Group has acquired a majority share in Norwegian broker North Edge Forsikringsmegling AS.
Career development: Barbican unveils Insurance Academy
Barbican Insurance Group has launched a talent and development initiative designed to enable current employees and future talent to further develop their insurance knowledge, acquire new skills and build a long-term career within the industry.
The Insurance Technnology Awards 2013 shortlist is now out
The shortlist is now out for the Insurance Technology Awards 2013.