Broker
Career file: Simon Trott - Sales and service CEO Trott exits Towergate
Towergate sales and service chief executive Simon Trott has left the consolidator after 10 years at the firm.
Market Moves: Busy insurers make a raft of hires along with a number of key departures
Insurers led the way in a recruitment frenzy this week. AIG swooped for a head of commercial property, while Hardy acquired a property treaty business unit manager. There were departures too, with QBE’s Steven Burns announcing retirement from full time…
Motor Insurance: Jumping the gun
Motor insurers’ over-eagerness to reap the anticipated benefits of the Legal Aid, Sentencing and Punishment of Offenders Act has resulted in a sharp drop in rates. With unprofitability increasing, where does the sector go from here?
Biba given green light by members to instigate strategic restructure
The British Insurance Brokers’ Association has today rubber stamped proposals to restructure its membership and governance models outlined in its strategic review amid overwhelming support from members.
LV CEO predicting motor rates recovery as GWP continues to fall
LV group chief executive Mike Rogers has blamed falling motor premiums for a £20m drop in the firm’s general insurance gross written premium total for the opening nine months of the year.
Hanks named Purple Partnership non-exec chair
Former Allianz Commercial boss Chris Hanks has been named non-executive chairman of Jelf-owned broker network Purple Partnership.
Bluefin appoints new head of trade credit
Bluefin has appointed Stuart Grice as head of trade credit, with immediate effect.
Aon increases profit and revenue in Q3
Aon has reported organic revenue growth of 3% with total revenue of $2.8bn (£1.7bn) in quarter three of 2013.
Aon records profit and revenue growth in Q3
Aon has reported organic revenue growth of 3% with total revenue of $2.8bn (£1.7bn) in quarter three of 2013.
LV Broker home product available on the Source
LV Broker’s ABC home insurance product is now available on the Source, a platform used by mortgage advisers and IFAs to access general insurance products.
Gallagher purchases California-based broker
Arthur J Gallagher has completed a deal for GS Levine, a San Diego based insurance broker established in 1987.
Insurance Insight Q&A: Brandon Hui, CEO, Groveland Financial Services
Insurance Insight speaks to Brandon Hui, director and CEO of Hong Kong-based insurance broker Groveland Financial Services (pictured is the company's logo).
Bluedrop first to run Ebroker for Power Place
Southampton-based broker Bluedrop is the first to run a SME e-trading software offering from Power Place and Open GI.
Bradford-based broker agrees refinance deal with Yorkshire Bank
Bosses at Beaumonts Insurance Brokers are hopeful a refinance deal agreed with Yorkshire Bank will allow the business to continue with its acquisitive growth plans.
Ex-Oval boss Herdman named Prism Network chairman
Former Oval group managing director Jeff Herdman has been named non-executive chairman at building repairs specialist Prism Network.
Axa Commercial Lines and Personal Intermediary adds new motor product
Axa Commercial Lines and Personal Intermediary has launched a motor insurance product Axa Car Plus.
JLT Peru restructures business
JLT Peru has split its business into separate retail and reinsurance operations.
Biba supports whiplash move
The British Insurance Brokers’ Association has welcomed the announcement today by Justice Secretary Chris Grayling to establish independent medical panels to assess whiplash injuries.
Post Magazine - 24 October 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.
Axa retains lead in Brokerbility satisfaction survey
Axa has been ranked highest of Brokerbility’s seven key insurer partners in a survey of members.
My best XV Selected by Peter Fice, QBE Europe
With the QBE-sponsored autumn rugby internationals on the horizon, Peter Fice, director of property for QBE Europe, selects his best XV.
Brokers confident US has learnt from Sandy amid quiet hurricane season
Experts’ predictions of an active period have not come to pass in 2013.
SME broker clients concerned by ‘under-achieving’ PPC
Broker Simply Business is demanding that companies found to be flouting the government's Prompt Payment Code are fined, having stated that late payment represents a major issue for clients.
UKGI named preferred supplier for Aim Core Protect
UKGI has been appointed preferred supplier by wholesale broker and trading platform provider, Aim Core Protect.