Broker
JLT confirms completion of Italian deal
JLT has combined its existing Italian broking business with the business of Marine & Aviation.
JLT buys Irish broker FBD
Jardine Lloyd Thompson’s Irish subsidiary JLT Insurance Brokers (Ireland) has acquired FBD Insurance Brokers from FBD Holdings for €6.75m up front and a further €1.75m later.
Hastings Direct to take on 200 in 2012
Hastings Direct has announced 200 new jobs from entry level to senior management, driven by growth from its car, home, van and bike insurance products.
Beazley interest in Hardy underlines 2012 consolidation, claims Fitch
Fitch Ratings has reiterated its expectation that 2012 will signal an increased consolidation in the non-life insurance sector, following the news of Beazley's renewed interest in buying Hardy Underwriting Bermuda.
Rate decreases still achievable despite record nat cats, Marsh says
Global insurance rates continued to climb in most loss-affected geographies and classes of business in the fourth quarter of 2011, but rate decreases are still achievable in many lines of business, according to a report by Marsh.
Record cat losses spark two speed market, claims Marsh
Rate decreases remain possible in many lines of business despite the fact that the fourth quarter of 2011 witnessed rising global insurance rates in most loss-affected territories and classes of business.
End of Year Quiz 2011: Faces from the past
It is that time of the year when the Post team give their desks a sort out and tidy.
KPMG boss predicts 'greater scrutiny' in 2012
Next year will see a return to underwriting disciplines for general insurers as their financial performance comes under greater scrutiny and they face increased regulatory interest.
Millwater leaves Willis group board
Willis has announced that Grahame Millwater, president of Willis Group Holdings and chairman & CEO of Willis Global, is to retire to pursue other interests.
Mapfre board praise outgoing chair following restructure
The restructuring process at Mapfre has been concluded with the election of Antonio Huertas Mejías to the position of chairman of the company and chief executive of the group.
Ipswich broker celebrates achieving chartered status
Staff at Pound Gates are celebrating after being awarded the title of ‘chartered insurance broker’ by the Chartered Insurance Institute.
Aon pays fines upwards of $16m following bribery charges
Aon has responded to charges that its subsidiaries bribed international government officials by agreeing to pay more than $16m (£10.1m) in fines.
Jubilee exit for former CEO Loucaides
Jubilee Group Holdings chief executive Johnny Rowell has this morning announced that Andreas Loucaides will be leaving the business with immediate effect.
Bowring Marsh opens Middle East hub
Bowring Marsh, the specialist placement division of Marsh, has opened an office in Dubai to serve the growing demand for international insurance placement in the Middle East.
Tokio Marine bolsters UK operation with double appointment
Tokio Marine Europe is preparing to grow its UK regional operation following the appointment of Leigh Meekings and Rob Skilbeck to the firm’s underwriting team.
Post Blog: Is brand the new price?
It's recently been found that brand recognition trumps price when consumers purchase via price comparison sites. What does this mean for the future of aggregators and how can insurers and brokers best build their brand among customers?
Gallaghers puts ‘marker in sand’ with Oxygen Leeds lift-out
Arthur J Gallagher International has finalised its long-speculated lift-out of Oxygen’s Leeds-based corporate risks team, in a deal it confirms will be replicated regionally to build Gallagher Health - its UK retail arm.
Towergate signs development manager
Towergate Underwriting has announced that Eileen McFadden will be heading up the newly created role of corporate partner development manager at the firm.
RK Harrison appoints Rennick for HNW
Employee-owned insurance broker RK Harrison has taken on Marcus Rennick, the former head of private clients at Marsh and HSBC, to grow its high net worth business with a particular focus on the South East.
Motor insurers challenged to ditch mainstream methods for competitive advantage
Motor insurers must challenge mainstream thinking and draw from experiences in other industries if they are to truly gain competitive advantage over their peers according to a report out today.
IUA publishes new London Market TOBA
The International Underwriting Association for insurers and brokers has published a new Terms of Business Agreement (TOBA) for use in the London Market.
Insurance certificates removed from road tax application process
Motorists will no longer be obligated to produce a certificate of insurance in order to purchase road tax amid new government plans geared towards clamping down on forged documents.