Broker
FCA SME claims review “sharpened” focus, but was not a major factor in industry response during 2015/16 floods
The insurance industry’s response to the winter flood in terms of SME commercial claims would have been hailed a success, even without the Financial Conduct Authority’s 2015 thematic review into this area.
Cooper Gay CEO Gordon Newman to step down
Cooper Gay CEO Gordon Newman will retire from the role and be replaced by group CEO Steve Hearn.
Allianz UK direct home and motor exit a ‘good sign’ for brokers
Allianz UK’s proposed withdrawal from the direct home and motor markets was welcomed by brokers as it will go towards reducing competition in an overcrowded market.
Biba, IBSC join forces to create standards committee
The British Insurance Brokers’ Association and the Insurance Brokers’ Standards Council have formed a standards committee to create a single code of conduct for insurance brokers.
XL Catlin appoints head of insurance strategic client and broker management
XL Catlin has named Philippe Gouraud as its head of strategic client and broker management for its insurance division.
C-Suite Broker: Jelf's Phil Barton on the prospects for networks
Some industry commentators are predicting the death of the network - others see them only growing in stature. Why is opinion so divided?
Europe: Join the caravan
Caravans and motorhomes are increasingly popular and many vacationers are choosing to take them to Europe. What insurance challenges does this pose?
Markel reduces number of operating divisions
Markel International has reduced the number of its operating divisions from seven to three, with the changes effective from 1 May.
Romero targets £4m in premiums for Nottingham office
Romero Insurance Brokers will aim to place around £4m in premiums in the first year of operation from its new Nottingham branch.
British Insurance Awards: The 2016 shortlist
Have you made the cut as a potential headliner? Well the wait is over - as today we reveal those companies that made it onto the British Insurance Awards 2016 shortlist.
Gallagher swoops for two US retail brokers
Arthur J Gallagher has acquired two US retail insurance brokers in deals that closely follow it agreeing an $800m unsecured credit facility earmarked for acquisitions.
UK insurtech start-up Guevara to follow US P2P provider Lemonade and launch licensed insurer
One of the investors behind insurtech start-up Guevara has warned others they will need "a lot of patience” to bear fruit in the insurance market.
Simply Business indicates growth appetite after Aquiline purchase
SME broker Simply Business is expecting a "suite of investments" following its purchase by Aquiline Capital Partners, as CEO Jason Stockwood said the two companies have a shared ambition.
C-Suite Broker: Marsh's Charles Beresford-Davies on the importance of communication around the Insurance Act
With the implementation of the Insurance Act imminent, insureds are already attempting to seize the opportunity to gain the benefits
Gallagher earmarks $800m facility for acquisitions
US-headquartered Arthur J Gallagher has entered into a five-year $800m (£561m) unsecured credit facility with a group of banks pegged for acquisitions.
Howden's Rootham to leave the business in June
Howden UK retail division boss Stuart Rootham is to leave the broker at the end of June.
Simply Business sold by Anacap to ERS-owner Aquiline
Private equity firm Anacap has sold SME broker Simply Business to Aquiline Capital Partners, generating a return of 4.5-times its original investment in 2013.
Former Canopius boss Rolfe joins Broker Network
Former Canopius UK Specialty CEO Tim Rolfe is to join Broker Network as chief product and underwriting officer on 1 May.
Willis warns others as it settles JLT fine arts and specie team defection for £22m
International broker Willis Towers Watson today reaffirmed it is “committed to protecting its business” and “will always seek legal redress where appropriate”.
Quiz of the week - 8 April
Test your knowledge of the week's insurance news with the Post insurance quiz of the week.
Blog: Five things I have learnt about insurance in five weeks
Since joining Post at the end of February, I have come to appreciate just how important insurance is to business. They both go hand in hand. Without insurance, business simply could not operate. Insurance is the grease to the wheels of the commercial…
Cherish in talks to provide Welsh-translated Axa policy to broker Tarian
Essex-based wholesale broker Cherish Insurance Brokers is in discussions to translate its Axa policy into Welsh for bilingual high street broker Tarian, Post can reveal.
Europe: The Insurance Distribution Directive: Looking under the bonnet
The Insurance Distribution Directive came into force on 23 February 2016 and European insurance distributors - namely brokers, agents and other intermediaries - will have to comply with it from 23 February 2018
Thomas Carroll expands South Wales footprint with Monmouthshire deal
Thomas Carroll has acquired South Wales commercial insurance broker Monmouthshire Insurance Services, a subsidiary of the Monmouthshire Building Society Group.