Broker
Wood steps down as UK MD as Ecclesiastical reveals management shake-up
Ecclesiastical has unveiled a host of changes to its management structure and leadership team, which has seen the group’s UK general insurance managing director Steve Wood exit the firm.
Post magazine - 13 June 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Esure to be confirmed as FTSE 250 member
Esure is expected to be confirmed as a member of the FTSE 250 at the index series’ quarterly review this evening.
Towergate names Ryan Brown as its new M&A director
Towergate has moved to replace Davies-bound Dan Saulter with the appointment of Ryan Brown as M&A director.
Giles CFO blames ownership structure for debt increase as backer seeks sale
Analyst confident potential buyers won’t be put off by financial results
Integro confirms departure of international division bosses
Integro has confirmed the departure of the co-heads of its international division Ron Whyte and Julian Samengo-Turner.
Randall & Quilter upbeat ahead of AGM
Randall & Quilter's first half financial result is expected to be in line with the board's expectations, according to chairman and chief executive Ken Randall.
Editor's comment: Ringing the changes
The Financial Conduct Authority’s review of motor legal expenses insurance was given an airy response by the LEI sector.
Airmic 2013: Supply chain losses up 465%
Economic losses from supply chain disruptions increased an estimated 465% between 2009 and 2011, research has revealed.
Airmic 2013: Investment returns to blame for claims payments
Reduced investment returns and a lack of client knowledge is causing insurers to repudiate claims, Willis deputy chief executive Steve Hearn has claimed.
Epoq launches PI referral fees system
Legal technology firm Epoq has developed a consumer legal plan that enables insurance brokers to continue receiving payment for referring personal injury claimants to a law firm or to claims management companies.
Airmic 2013: Aon throws down innovation gauntlet
Aon group president Stephen McGill has challenged the insurance industry to step up its work on innovation.
Insurance Charities: Insurers back depression support site
The Depression Alliance is developing a web-based micro community called ‘Friends in Need’, targeting insurance professionals.
Market Moves: Broking sector has quiet week apart from a new COO role created at BMS
The recruitment merry-go-round produced a mixed bag of hires this week, with Covéa taking a lead role on behalf of insurers. The broking sector, usually a hive of market hiring activity, threw up little of note – although BMS Group proved the exception…
View from the Top: Listen to young employees
Insurance is an industry under pressure. We’ve read and heard ad nauseam about the causes and symptoms of our troubles and I don’t propose to provide another list here.
View from the Top: London must lead the way
Innovation is key if the London market is to retain its global importance to the industry, says Nicolas Aubert.
Marsh report points to rising European trade credit insurance rates
Increasing risk and bad debt losses are fuelling rising European trade credit insurance rates, according to a recent Marsh paper.
Pay for Quindell executives more than doubles in 2012
The amount pocketed by Quindell Portfolio executive duo Rob Terry and Laurence Moorse more than doubled last year, according the outsourcer’s annual report.
Enstar deal will not impact financial strength of Atrium syndicate
The acquisition of Arden Holdings subsidiary Atrium by Enstar will not impact the financial strength of managing agent Atrium Underwriter’s Syndicate 609 at Lloyd’s.
Airmic 2013: Airmic targets basis clauses
Airmic will focus much of its efforts in 2013 helping its members battle technical issues such as basis clauses.
Ex-Marsh pair form leadership team at Integro UK subsidiary
New York-based international insurance brokerage Integro has appointed a leadership team that will oversee the firm’s UK operating subsidiary, Integro Insurance Brokers.
Towergate network acquisitions director to join Bluefin
Bluefin has appointed the director of acquisitions for Towergate’s network division Paul Roberts to head up its own acquisition strategy.
Product recall: Total recall cover
After the horsemeat scandal thrust product recall insurance into the limelight, do insurers need to rethink how they offer such cover?
Drive Like a Girl joins Confused's motor insurer panel
Confused has added telematics player Drive Like a Girl to its panel of motor insurers.