Broker
BP Marsh ready to sign another deal
BP Marsh chairman Brian Marsh has said he expects to sign a new deal tomorrow [4 June] following publication of his firm's financial results.
Property Claims 2013: Industry gives its backing to Flood Re model
A panel has backed the Association of British Insurers’ Flood Re scheme to replace the Statement of Principles, while warning that a return to an open market situation remains a possibility.
Career file: Lee Crooks - Ex-rugby player is latest sportsman to join April UK
Former professional rugby league player Lee Crooks has been appointed by April UK as a specialist sports protection advisor.
Market Moves: All quiet on the hiring front as industry resists major appointments
Recruitment activity was muted this week, with insurers unveiling just a smattering of hires and broker activity similarly low key. In an otherwise quiet period, Ace hired an environmental risk manager and Kiln appointed a new non-executive director. BMS…
Dual Pricing: Priced Out
Dual pricing is an industry bugbear with traditional errors being replaced with deliberate pricing policies. But is it the sign of a healthy, competitive market or a practice that should be eradicated?
Your Say: Consumers demand technology
When it comes to technology discussions in our industry, much of it is centred on outdated legacy systems and the challenges around the intelligent use of data.
Welsh asbestos bill delayed until mid-July due to 'technical reasons'
A Welsh Assembly bill designed to recover the costs of treating asbestos patients from insurers has hit a last minute snag.
'Major changes' on horizon for BP Marsh
BP Marsh & Partners has reported a 10.6% increase in net asset value to £55.5m for the year to 31 January 2013 (2012: £50.1m) and net asset value per share of 190p (2012: 171p).
Gallagher London gains MGAA’s preferred provider status
Gallagher London has been granted preferred provider of professional indemnity insurance status by the Managing General Agents’ Association.
View From the Top: Investing in technology
Technology is much more than a productivity tool; it offers one of the most tangible opportunities to transform the company’s culture and working environment. For instance in the services, sales and finance department of a company, employees deliver most…
Fleet UK launches telematics product for SME fleets
THB Group subsidiary Fleet UK has teamed up with sister company Cardinus, Zurich and telematics consultancy JGCH, to launch a telematics solution for small to medium sized fleets.
Lack of cat data generating "flawed" models: Marsh
Insurers are spiking premiums where businesses are generating “flawed” modelling because of limited information on supply chain and property risk exposures, according to Marsh.
Giles reports 2012 Ebitda up 3%
Independent broker Giles has reported increased earnings for the year to 31 August 2012, driven by new business launches and an acquisition.
Lorica COO Godbold on gardening leave
Stephen Godbold has left insurance broker Lorica and is currently serving gardening leave.
Zurich opens commercial insurance premiums books
Zurich has launched a guide for brokers to help explain how premiums, profits and losses are calculated.
Brokerbility’s Ashwin Mistry set to take CII helm in 2014
Ashwin Mistry is set to become president of the Chartered Insurance Institute (CII) in 2014, Post’s sister title Insurance Age has revealed.
Search for independent midwives PI cover at Lloyd's 'a non-starter'
Independent midwives in search of professional indemnity insurance have experienced a further setback after an attempt to track down underwriting capacity from the Lloyd’s market drew a blank.
ABI blames Spanish hospitals for unnecessary travel insurance payouts
British holidaymakers in possession of a European Health Insurance Card are being urged not to accept refusal of state medical treatment in Spain.
Hiscox signs deal with Jelf
Hiscox has partnered with Jelf to supply for the broker’s management liability business.
Trimble tops the commercial fleet telematics leaderboard, claims survey
Telematics provider Trimble has been ranked top of ABI Research’s competitive assessment of the commercial fleet telematics industry, with Telogis and Omnitracs occupying second and third places respectively.
Aon France director joins Miller
Aon France has lost its head of political risks, Arnaud Froideval, to Miller where he has joined the marine team.
Singapore insurance workers can expect 5% pay rise in 2014, according to the Hay Group
According to management consultancy the Hay Group, insurance workers in Singapore can expect an average 5% pay rise next year.
Miller adds French political risk specialist to marine team
Miller has added to its marine team with the hire of political risk production and broking specialist Arnaud Froideval.
APC lifts its limits to quote up to £50m risks online
Commercial insurance underwriting agency, APC, has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m, in a bid to help smaller brokers snare larger clients.