Broker
Brokers unconcerned as RBSI rebrands as Direct Line
Brand Finance heralds move as sensible
Bollington reshuffles management team as private equity speculation increases
Joe and Stephen Wall have both left the Groupama-owned firm
Brokers issue retention rate warning over commercial insurance aggregation
Insurance firms looking to help aggregators target commercial insurance expansion in 2012 have been warned to check poor retention rates and increased fraud risks before over-committing themselves.
Post magazine – 16 February 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Ingenie backs government's telematics measure
Telematics brand Ingenie has welcomed government plans to use technology to tackle spiralling motor insurance premiums.
Xchanging hires IT expert Mark Sutton
Xchanging has appointed former IT leader at the London Metal Exchange Mark Sutton as technology account director within the firm’s insurance sector.
Bennetts urges bikers to sign petition calling for driving test change
Bike insurance specialist Bennetts are hoping to secure 100 000 signatures toward a petition which bosses at the firm hope will persuade the government to include bike-related questions in the UK driving test.
Equestrian specialist Shearwater signs up to Broker Network
Shearwater Insurance has become the latest firm to sign up as member of Broker Network.
Inter Resolve boss points to mediation as answer to legal cost cutting
Mediation is the key component in the battle to bring down legal costs in personal injury claims.
Plumeri "not satisfied" with Willis in Q4 as UK sees double digit drop
Willis has declared that it saw a double-digit decline in the Willis UK and Ireland retail business in the fourth quarter of 2011.
JLT merges Spanish arm with local giant
JLT is to combine its existing Spanish retail broking business JLT-SIACI Espana SL with the business of March - Unipsa Correduria de Seguros, SAU (Unipsa), the fourth largest commercial insurance broker in Spain and a subsidiary of Banca March, to form…
Business continuity plans can save companies, Biba research reveals
New research from the British Insurance Brokers’ Association and the Cabinet Office has revealed business continuity plans are likely to stop companies from failing after a major disruption such as a flood or fire.
Willis backs down on contingent commission stance to remain "fully competitive"
Willis has admitted it is to review its practices after revealing it will begin to accept contingent commissions from 1 April in its employee benefits arm.
Plumeri "not satisfied" with Willis in Q4 as UK sees double digit drop
Willis has declared that it saw a double-digit decline in the Willis UK and Ireland retail business in the fourth quarter of 2011.
JLT merges Spanish arm with local giant
JLT is to combine its existing Spanish retail broking business JLT-SIACI Espana SL with the business of March - Unipsa Correduria de Seguros, SAU (Unipsa), the fourth largest commercial insurance broker in Spain and a subsidiary of Banca March, to form…
PM and insurers unveil six point plan after motor premium summit
The Prime Minister has committed to tackling the compensation culture, reducing legal costs and cutting health and safety red tape.
Broker shows support for PM and insurer motor premiums meeting
Wales-based Motaquote has highlighted the significance of telematics ahead of the Association of British Insurers' meeting with Prime Minister David Cameron on rising motor insurance premiums.
Marsh reports bumper profit growth
Broker Marsh's parent MMC has reported revenue up 9% to $11.5bn in 2011 with pre-tax profit up 82% to $1.4bn ($769m). Operating income was up 49% to $1.6bn ($939m).
Aon Risk Solutions named global risk and insurance broker to Petrofac
Aon Risk Solutions has been appointed by Petrofac to provide global risk management and brokerage services.
Barrere leaves Swinton director role
Former MMA Holdings UK joint chief executive Bernard Barrere has seen his appointment as director at Swinton terminated, according to Companies House filings.
Axa to increase underinsured SME BI cover for free
Axa Commercial Lines is offering its combined policy product customers a premium waiver to help underinsured small and medium enterprises get back on their feet.
MMA boss Barrere departs double director role
Bernard Barrere's tenure as a director of two of MMA Holdings UK's insurance businesses has come to end, according to reports filed at Companies House.
Ageas promises 'no impact' for Kwik Fit Insurance business after issuing High Court writ
Ageas has moved to clarify that the firm's Kwik Fit Insurance business will not be affected by a High Court writ against the repair company which relates to an accounting liability.
Allianz Legal Protection appoints Ruse as head of sales and distribution
Allianz Legal Protection has confirmed the in-house appointment of Phil Ruse to the newly-created position of head of sales and distribution.