Broker
Ombudsman blames rise in motor insurance policy complaints on recession
The 26% increase in motor insurance complaints from consumers in the past financial year is "likely to reflect the tougher economic times", according to the Financial Ombudsman Service.
Ombudsman reports 51% increase in PPI complaints
Complaints to the Financial Ombudsman Service about payment protection insurance increased year on year by 51%, and accounted for 60% of all new cases in 2011/2012.
Broking holds back Towergate in Q1
Towergate Insurance's Q1 figures show that its broking business suffered as overall group income was up 2% to £105.5m (2011: £103.3m) and group operating earnings were up 9% to £34.3m (2011: £31.4m).
TL Dallas chairman Colin Dallas dies
Bradford broker TL Dallas Group chairman Colin Dallas has died at home after a long illness.
Aon names McGill as group president
Aon has made Steve McGill group president to oversee the development of the firm's overall growth strategy and opportunity planning.
Countdown to ISA: Is the renminbi the new dollar?
As the valuation of the Chinese renminbi has an impact on the global currency markets, Andrew Leung looks at Chinese monetary policy and the Global Reserve Currency System in a global context.
Marsh forms public agency team for political and credit risks
Broker Marsh has formed a global public agency team comprised of senior specialists within its political risk and trade credit practice to assist clients in procuring public insurance coverage.
Q&A with RSA's Phil Bulgin
Despite media coverage of Asia's restrictive and sometimes protectionist regulatory regimes, the markets remain appealing to foreign insurers. Philip Bulgin, RSA's head of mergers and acquisitions in emerging markets, spoke to Francesca Nyman about Asian…
RSA reorganises speciality business
RSA has consolidated its global speciality business in a bid to link brokers and customers seeking global expertise and capacity.
BIBA 2012 Video: Freebies, nights out and reflections on the conference
We ask attendees how successful they think the conference was and lift the lid on what they got up to in the evenings.
Young driver car insurance amounts to a fifth of salary
Young drivers can pay nearly 20 per cent of their annual salary in car insurance, according to Confused.com.
MSI Management cites 'favourable business environment' following Dublin move
Mitsui Sumitomo service company MSI Management UK and Ireland is to open a Dublin headquarters to be the intermediary hub for regional underwriting business, underwritten by Syndicate 3210 at Lloyd's.
BIBA 2012: MGAs 'make sense', say insurers and brokers
Insurers, brokers and managing general agents believe that delegated authority "makes sense" if parties have the same interests, but some MGAs lack the skills to work effectively.
Olympics Countdown: Q&A with Danny Nobbs
With 10 weeks to go the start of the Olympic Games, Paralympian and Aviva sponsorship consultant Danny Nobbs speaks to Penny Black about his hatred for marmite, his crush on Emma Bunton and knowing all the words to Bart Simpson's Do the Bartman.
BIBA 2012 Video: Meerkats in hard hats and other pressing questions
Today at Biba we asked attendees about their reaction to commission disclosure, aggregation and technology.
BIBA 2012: Conference returns to London in 2013
The British Insurance Brokers' Association will return to London next year after its two-year residency in Manchester.
Hyperion valued at £165m as BP Marsh sells a stake to Murofo
BP Marsh & Partners announced this morning that its wholly-owned subsidiary, BP Marsh & Company, has sold 1 193 500 shares (2.75%) in Hyperion Insurance Group for a cash consideration of £4.5m.
MUM enters international market
Broker-only managing general agent Manchester Underwriting Management is entering the international market.
JLT responds to market demand with cyber product
JLT Specialty has launched an intangible and cyber exposure service in response to market demand.
Jelf bolsters London office with two hires
Jelf Insurance Brokers has appointed two members of staff to join the team in its recently opened London office.
Dalton appointed Cooper Gay head of risk
Lloyd's broker Cooper Gay has appointed Peter Dalton as head of risk management.
What is contained within Penny's Little Black Book?
Having been wined and dined by the great and the good of the insurance industry for over 12 years, one has decided to team up with the CII to collect the best bits from my weekly column and bring them to you in the shape of this little black book.
Cooper Gay names risk management chief
Peter Dalton has been appointed head of risk management at Lloyd's broker Cooper Gay.
JLT aims to tackle risk managers' 'exasperation' at cyber risks
JLT Specialty has launched an Intangible & Cyber Exposure service.