Broker
Incisive Media journalists recognised at industry awards
Journalists from Post and sister title Insurance Age won two categories and received three highly commended awards at the British Insurance Brokers' Association's 2013 journalist of the year awards.
Howden heads for Chile with broker stake
Hyperion-owned broker Howden has acquired a 25% holding in a Chilean broker.
Zurich, Direct Line Group, Cunningham Lindsey and Allianz among winners at 2013 British Insurance Awards
Reg Brown, chairman of the Managing General Agents Association, was honoured at the British Insurance Awards last night, receiving the Achievement Award.
Efra report calls for further funding for flood defences
The government has been urged to further increase spending on flood defences by £20m per year for the next 25 years in order to keep pace with escalating risks caused by severe weather patterns.
Phones 4 U insurance administrator PAS fined £2.8m by regulator
The Financial Conduct Authority has fined Phones 4 U’s insurance administrator Policy Administration Services £2.83m for poor complaints handling.
Ask the Expert: Time management
How can overworked insurance industry staff make their working day easier?
Market Moves: Hires at RSA, Keelan Westall and MGAA among the week’s major moves
Moves within the insurer and broking spaces once again dominated the recruitment radar this week, as RSA unveiled high-profile changes within both its boardroom and its London market offering. Keelan Westall, meanwhile, moved to reinforce its growth…
Law Society’s motive behind new PI scheme called into question
Brokers doubtful scheme will mitigate threat posed by unrated insurers.
DAS and Broker Network launch commercial legal expenses scheme
Legal expenses insurer DAS and Broker Network have launched a new commercial legal expenses scheme for Broker Network and Countrywide ‘Complete’ members.
Ageas goes live with Quindell system
Ageas has implemented and gone live with Quindell’s rating and underwriting engine Napier.
Swinton launches £60m business plan revamp after FCA intervention
Swinton is investing £60m in modernising its multi-channel operation after falling foul of a regulatory inquiry into some of its sales practices.
Expertise-in-Action: Q&A with Richard Smith
In recent years the insurance industry has made a concerted effort to improve its record on professionalism.
Expertise in Action: Professionalism: Testing, testing
Testing, testing
Expertise in Action: Professionalism: Pros & Cons
Qualifications aren’t the be-all and end-all when it comes to professionalism – training, working together and sharing knowledge across the industry are equally important.
Markel hands Richardson European retail claims role
Markel International has promoted Mike Richardson to the role of European retail claims manager.
Coates returns to Australia after stepping down as Dual CEO
Damien Coates is to step down as chief executive of Hyperion Insurance’s underwriting arm Dual, after agreeing to swap roles with the firm’s deputy CEO Shane Doyle.
View from the Top: Do not adjust your sets
So here we go again. Nine months after offering renewal to 1300 UK law firms – and less than two years after they entered the market – an unrated insurer, with a ‘passport’ into the UK insurance market, has been forced to cease trading having been…
Cunningham Lindsey releases iPhone broker app
Cunningham Lindsey has released an iPhone app designed to help brokers find the right loss adjuster contact.
SME customers focus of FCA review
A Financial Conduct Authority review of broker conflicts of interest will focus on SME and micro-business customers, it was announced today.
Takaful: The Islamic state
Despite centuries of tradition and an estimated worldwide value in the billions, Takaful insurance, grounded in sharia‑compliant practices, has struggled to find traction in the UK.
Add-ons: Into the mist
The Financial Conduct Authority’s investigation into add-ons threatens to create fault lines between the industry and the public. Is the sector’s house in order or is a clean up needed?
Towergate recruits from Covéa for Countrywide segment boss
Broker Network and Countrywide has recruited Covéa’s Keith Svendsen for a newly created position as Countrywide segment manager.
Relocation: The ex-pat factor
Following the news Allianz Insurance chief executive Andrew Torrance is moving to the US, Post quizzed senior British insurance professionals who have moved overseas on what he can expect.
FCA to investigate broker conflicts of interest
The Financial Conduct Authority is launching a thematic review into broker conflicts of interest.