Broker
Fair presentation for MGAs important for Insurance Act
The issue of transparency was a discussion point at the Managing General Agent's Association annual conference in July. As a watch word for the industry, it can, of course, mean different things to different people.
Aston Scott plans ‘vigorous’ defence over Gallagher staff poaching allegations
Aston Scott has said it will “vigorously” defend itself of allegations of staff poaching in a case brought by Arthur J Gallagher.
Advent launches 'bespoke' underwriting unit
Lloyd’s insurer Advent has announced the launch of a bespoke products underwriting unit.
SSP admits possible loss of a week’s worth of data
A week’s worth of documents may have been lost by SSP as a result of the outage that occurred 20 days ago.
CPP will spend £6.5m on own platform rather than use SSP
A credit card insurer said it will spend £6.5m to develop its own IT platform rather than use SSP as a partner.
Towergate launches London underwriting centre
Towergate has created a specialist London underwriting centre, led by Lloyd’s veteran David Leathem.
SSP declines to say when full service will be restored
SSP has declined to put a timeframe on when document archives will be restored to brokers.
Blog: Disaster recovery – some difficult questions for software suppliers
One of the biggest business risks for brokers relates to IT infrastructure and probably revolves around a software supplier. If they run brokers' servers, their business is wholly reliant on them providing that infrastructure.
Under attack: how widespread is appointed representative mis-selling?
The Financial Conduct Authority recently fired the first shots over mis-selling by appointed representatives but how far-reaching is this problem and what can be done to stop it?
Week in Post: Wasp stings, rebirth and rehab
I felt for brokers last week after I spent a few days incapacitated when a wasp sting on my ankle became infected and I was unable to walk.
Chubb promotes Jamie Keaney to VP
Chubb has announced that Jamie Keaney has been promoted to the new role of vice president and chief underwriting officer, international personal risk services.
Day 17: Brokers face losses of £100,000 from SSP outage
Brokers are still waiting to get access to the SSP Pure platform, with some facing shortfalls of up to £100,000.
Brokers call for standardised data format for driverless cars
Customers and brokers should have immediate and unrestricted access to all data from autonomous vehicle manufacturers in the event of a crash, the British Insurance Brokers' Association has said.
Rebranded Ed takes its name from Lloyd's roots
Newly rebranded Ed, the international broker formerly known as Cooper Gay, has revealed to Post the inspiration behind the name is Lloyd's founder Edward Lloyd.
Cooper Gay rebrands as Ed
Cooper Gay has rebranded itself to Ed as newly inducted CEO Steve Hearn continues to put his stamp on the Lloyd's wholesale broker.
Biba will arrange meeting between SSP and brokers
The British Insurance Brokers’ Association will arrange a meeting between SSP and brokers that have lost business as a result of the SSP outage.
Industry concerns are top of the agenda at party conferences
Brexit, the cost of regulation, increased spending on flood defences and uninsured drivers will be the hot topics that the insurance industry wants addressed ahead of this year's political party conferences.
Brokers ‘up to neck in accounts’ as problems at new SSP data centre resolved
Brokers who had experienced further outages this morning despite being reconnected to SSP’s Pure platform only yesterday, have seen service resumed.
Brokers restored to SSP are now offline again
The process of restoring service to brokers hit by the SSP outage has hit another hurdle after a key part of the software failed this morning.
James Gerry steps down from MGAA chair after six months
James Gerry has stepped down as chairman of the Managing General Agents Association after just six months on the job.
DAS appoint former navy commander as head of corporate
DAS UK Group has appointed David Swigciski as head of corporate.
Original outage occurred while upgrading brokers to newer site, SSP CEO claims
SSP was already in the process of moving customers to another data centre when the power outage occurred, the company’s CEO said.
Brokers push for faster transition to rival software companies after SSP outage
Brokers that were already in the process of migrating from SSP to rival software company Transactor, have asked to have the transition processed quicker following the outage on the Pure platform last week.
In the September issue of Post
The London Fire Brigade, the anniversary of the great Fire of London and the Top 30 European insurer ranking are in the September issue of Post.