Broker
Emergence of 'disruptors' keeping established motor players on their toes
The launch of a broking start-up that provides motor insurance by the hour has been hailed as an example of a “disruptor” that will force established players to refocus on their customer proposition.
What you’ve been reading this week
The 10 most read stories on Post Online from 21 – 27 October 2015.
Gallagher appoints Jack to overhaul technology systems
International broker Arthur J Gallagher has appointed former Hyperion chief information officer David Jack to lead its newly created technical advisory board.
UK startup Cuvva launches first hourly insurance cover
UK start-up broker Cuvva has launched what it claims is the first motor insurance cover to be offered by the hour.
C-Suite - Broker: Power to the people
Treat clients as you would treat your friends, and reap the professional rewards, says Janice Deakin.
O'Connor promoted to Willis GB financial lines CEO
Willis GB has appointed Mary O'Connor as CEO of its financial lines business.
Bluefin M&A pipeline strong with two 2015 purchases yet to be announced
Bluefin has completed two further acquisitions in 2015 that it is yet to formerly announce, in addition to the purchase of Bennett Fozzard in May.
Bluefin creates merged retail broking division in business restructure
Bluefin has merged its commercial and corporate divisions to create one national retail broking division, the company announced today.
Calera Capital completes purchase of RFIB majority stake
Calera Capital has closed its deal to acquire a majority stake in RFIB Holdings following the completion of all shareholder and regulatory approvals.
Blog: Product ratings gaining momentum as an alternative to claims ratios
In my last blog for Post, I pitched the idea of product ratings as an alternative to claims ratios. I am delighted to say that the debate has moved on significantly in recent weeks, thanks to an independent review company which publishes star ratings for…
Applied Net 2015: Client self service and mobile developments unveiled
Applied Systems has rolled out Applied CSR24 2016, the latest online self-service solution, to UK brokers.
Ex-Towergate brokers launch sports and leisure MGA
A trio of former Towergate brokers have joined forces to launch a managing general agent specialising in the sports and leisure sector.
Applied Net 2015: No better time in history to be a broker, says CEO French
Reid French, CEO of Applied Systems, has set out what he believes are the five characteristics of the digital agency of the future.
Editor's Comment: The Down Under conundrum
I’m all for encouraging the global imports and exports trade and, over the years, us Brits have adopted several Aussie traditions – such as throwing shrimps on the barbie, Kylie, Foster’s, Uggs, and, my favourite, Hugh Jackman.
European firms not doing enough to understand cyber risk, Marsh finds
Most European organisations are not doing enough to identify, analyse and understand their cyber risks, according to Marsh's 2015 Cyber Risk Survey Report.
BP Marsh doubles profit
Venture capital firm BP Marsh & Partners has doubled its profit before tax for the six months to 31 July 2015 to £3.4m.
Applied Net 2015: Comparing Google
Ellen Carney of Forrester Research has predicted that there will be a 25% reduction in the number of insurance agencies in the US by 2020.
Applied Net 2015: Millennials hold key amid ageing shareholder demographic
The US insurance industry must up its investment in young talent in order to secure a healthy future for the market, according Reagan Consulting principal Thomas Doran.
Applied Net 2015: Smaller brokers told to take long-term approach to M&A
Smaller brokers must focus on “life after the deal” in order to compete against the likes of Arthur J Gallagher and private equity-backed rivals in the booming mergers and acquisition environment.
Ten Insurance Services furthers staff ownership plan with shares incentive
Network Ten Insurance Services has introduced a shareholder incentive plan as a means for staff to purchase shares in the company.
Barbon hires Cigna's Glynne for commercial role
Barbon Insurance Group has appointed Cigna Insurance Services' Andy Glynne as its commercial director.
Gillian Anderson Brown and Alastair Drew named directors at Alan Boswell Group
Broker Alan Boswell Group has appointed Gillian Anderson Brown and Alastair Drew to the board of two of the group's companies.
Profits increase 31% at Besso
Lloyd's broker Besso has posted an increase in both profit and turnover for the year ending 31 December 2014.
Insurance fraud offences recorded by NFIB rise 13%
Insurance fraud offences recorded by the National Fraud Intelligence Bureau increased 13% in the 12 months to June 2015 to 9417 cases.