Broker
Andy Briscoe appointed chairman of Money Advice Service
Andy Briscoe, chairman of general insurance intermediary The Policy Shop, has been appointed chair of the Money Advice Service.
Europe: Subscribing to cyber
Will the potential implementation of the EU Data Protection Directive lead to growth in the cyber liability market in Europe? Carolina Parra-Serrano investigates.
How big data is changing the world
Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges. Sam Barrett investigates.
One Answer Brokerdrive appoints Tony Proverbs to board
Tony Proverbs has been appointed non-executive director of One Answer Brokerdrive.
Towergate expands in Yorkshire with Elliis Bates acquisiton
Towergate today unveiled the acquisition of Ellis Bates Insurance Brokers and the crane hire portfolio of Senior Wright Insurance Services.
AJG posts rise in profit to $93.5m
Broker Arthur J Gallagher reported a group increase in profits to $93.5m [£61.4m] for the second quarter of 2013, from $71.7m in the same period of 2013. Adjusted total revenues for AJG’s brokerage segment were up 16%, base organic commission and fee…
Post magazine – 1 August 2013
In this week's Post, the conclusion of a Transport Select Committee inquiry into the cost of motor insurance has sparked “disappointment” among insurance industry bosses after MPs refused to support Ministry of Justice plans to place whiplash claims on…
Bluefin hires client services director from Jelf
Andy Purnell has been hired by Bluefin Insurance as a client services director in its Bristol office.
Competition prompts declining rates across most classes in Q2
Insurance rates in most major regions declined modestly in the second quarter of 2013, while rates in the US rose moderately, according to Marsh’s latest Global Insurance Market Quarterly Briefing.
Rates decline seen across most regions in Q2 says Marsh
The second quarter of 2013 saw a decline in Marsh’s Risk Management Global Insurance Index for the first time since its inception six quarters ago.
AA boss pleased with TSC recognition of 'quick buck' culture
AA Insurance director Simon Douglas has praised Transport Select Committee members for recognising the “delicate balance” between legitimate and dishonest claimants.
TSC’s ideas would strengthen medical reporting, says Premex
The Transport Select Committee’s whiplash report contains ideas which would make the medical reporting process more robust to the benefit of claimants and defendants, according to Premex Services.
Asia boosts JLT's profits
Broker JLT posted total revenues up 10% to £487.2m ($740m) for the first six months of 2013, boosted by strong organic revenue growth of 7%.
Job cuts not primary source of savings drive claims JLT
Jardine Lloyd Thompson senior executives have denied that the predicted £12m annual savings from its business transformation programme will come primarily from job cuts.
Integration focus cited as Towergate walks away from Giles deal
A combination of pricing and a focus on its own integration are likely to have been factors in Towergate not acquiring Charterhouse's majority stake in Giles, Post understands.
Penny Black's Insurance Week - 1/8 August 2013
One of Penny’s favourite things about her beloved insurance business is that it lends itself to people doing some very silly things – so she was thrilled this week when a mobile insurance website sent over its top 10 strange locations where lost handsets…
Ask the expert: Would staff be happier if they worked fewer hours?
Intuitively, you would think shorter working hours make people happier. This is not necessarily the case.
Market Moves: Bluefin continues restructuring, while Questgates gets on the case with key hires
Appointments were spread across the market this week. At AIG, Jason Beelders was promoted to a newly-created role in London, while Bluefin once again hogged the headlines in the broking sector following news of an expanded role for head of solutions Mike…
Consolidators: Dead or alive?
Critics say the consolidation model is unsustainable, while its proponents argue it is yielding admirable results during difficult economic times. So, are consolidators heading into the future fighting fit, or are they falling apart?
Private Equity: With the same brush
Industry insiders say that a recent report prescribing the pitfalls of private equity backing misrepresents the bigger picture. Are they right? Or is there hope on the horizon?
Allianz warns on lack of awareness of new employment tribunal changes
Both sides of the employment divide are unaware of the impact of the changes introduced by the new employment tribunal regulations, Allianz Legal Protection has warned.
Interview: Biba's Steve White: Bold beginnings
From ‘shouting’ at the regulator to outlining a new segmentation strategy, new Biba chief executive Steve White has already ruffled more than a few feathers in his first 100 days in the hot seat. He tells Post he’s started as he means to go on...
Website review: Confused: Is it time for an MOT for Confused.com?
Compuware evaluated the web performance of Confused’s car insurance website between 17 May and 19 June using Gomez’s performance benchmark.
View from the Top: Revealing the ‘us’ in customer focus
In order to regain the trust of our paying public we need to focus on their needs, not ours.