Broker
AA puts two-year-old ABS into run-off
The AA's alternative business structure, which started trading in December 2013, has entered into run-off following a strategic review.
Biba Manifesto 2016: Biba spotlights regulatory cost as members face new hike in fees
The cost of regulation continues to feature prominently in the British Insurance Brokers’ Association’s manifesto for 2016, alongside emerging areas such as a European referendum, the implications of the Vnuk tractor case and Flood Re exclusions.
MGA Imperium launches farm division with QIC Europe capacity
Specialist managing general agent Imperium Insurance Management has launched a specialist farm division with capacity backing from Qatar Insurance Company Europe.
Biba index shows rise in private car premiums
Broker-led private car policies have seen a significant spike in premiums, according to the latest insurance price index from the British Insurance Brokers’ Association and Acturis.
RSA pushes wholesale presence in Lloyd's market
RSA is the latest insurer to push its wholesale business, with a move into the Lloyd’s building.
Biba Manifesto 2016: Trudgill backs fraud taskforce findings
The British Insurance Brokers' Association has backed the recommendations raised in the Insurance Fraud Taskforce’s final report.
Market Moves - 21 January 2016
All the latest movers and shakers in the industry.
Biba Manifesto 2016: Elderly customers agreement extended with ABI
The British Insurance Brokers' Association and the Association of British Insurers are continuing their 2012 agreement with government to improve transparency and access to insurance for elderly customers.
Biba Manifesto 2016: Brokers to be educated on cyber threat
The British Insurance Brokers’ Association is endeavouring to help members to reduce the risk of cyber-crime and to raise awareness of the benefits of suitable insurance protection.
Biba Manifesto 2016: EU urged to amend MID in view to Vnuk case
The British Insurance Brokers' Association is calling for the European Parliament, Council of Ministers and Commission to make a "small, surgical amendment' to the Motor Insurance Directive to exclude motorsports and other anomalies.
Interview: Neil Nimmo: Thinking nimble, staying stable
Rather than taking a rigid approach, Lockton believes opportunity drives strategy. New man at the top, Neil Nimmo, explains how he plans to harness this
New CEO and board members for marine cargo insurer NMU
Lloyd’s marine insurer NMU has made a number of changes to its executive board, including a new CEO.
PMI consolidator Chase Templeton reveals first 2016 deals
Private medical insurance broker Chase Templeton has completed its first acquisitions of the year, purchasing Health Equity Solutions and Caledonian Health Solutions.
David Bowie: The insurance industry reflects on the music legend
With the sad passing of music icon David Bowie this week, Post asked a number of insurance industry music fans for their own personal reflection on what the Brixton-born legend meant to them.
Quiz of the week – 15 January
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Money Supermarket reports 10% drop in Q4 insurance revenue
Aggregator Money Supermarket has reported a 10% fall in insurance revenues for the three months ended 31 December 2015.
End of marine market cycles, suggests Munich Re's Berg
Dieter Berg, executive general manager at Munich Re, believes the traditional marine market cycle might be over as premiums decline in a prolonged soft market.
Hyperion to focus on organic growth in 2016, says Howden
The main focus for Hyperion Insurance Group this year will be primarily on organic growth following a flurry of deal-making in 2015, according to CEO David Howden.
Hyperion eschews 2015 dividend as RKH deal fuels £81.4m accounting loss
Hyperion will report an International Financial Reporting Standards accounting loss of £81.4m for 2015 as a result of expenses such as that associated with the acquisition of RKH.
Gallagher completes NED line-up with Coldman capture
Arthur J Gallagher has appointed John Coldman as a non-executive director, subject to regulatory approval.
Blog: What will Maurice Tulloch's legacy as Aviva UK GI CEO be?
The news that Maurice Tulloch is to step down from his post as CEO of Aviva’s UK general insurance business should not have come as much surprise.
Right Choice buys three breakdown brands from ERS
Right Choice Insurance Brokers has acquired three motor breakdown insurance brands from ERS resulting in the transfer of approximately 150,000 vehicles and customers insuring under the Autonational, Auto Aid and Eurorescue brands.
Blog: Five reasons Sian Fisher is a good choice for CII CEO
This morning Sian Fisher was unveiled as the new CEO of the Chartered Insurance Institute.
First Central continues expansion with planned Manchester office
Personal lines motor broker First Central Insurance Management (FCIM), which trades under the First Central brand, is planning further expansion with the opening of a new Manchester office in the spring.