Broker
Interview: Peter Staddon: Ringing in the changes
Having completed his first 12 months leading the Managing General Agents’ Association, Peter Staddon tells Post about his future ambitions for the trade body
The POST Power List 2014
After much deliberation, Post finally reveals the top 10 shining lights of the insurance industry, along with details of who we think would play them in a movie of their life, to complete the Post Power List.
Beaumonts deal over a year in the making, claims Jelf CEO
Jelf and Yorkshire-based Beaumonts Insurance Group were in discussions for more than a year before the terms of the takeover were agreed, group CEO Alex Alway has revealed.
Market Moves - 18 December 2014
All the latest job moves in the insurance market.
C-Suite - Broker: The focus on collaboration
Change continues apace and the challenge facing insurers and brokers alike is not to batten down the hatches and wait for it to slow or stop, but rather to work out how to adapt in order to thrive in today’s and tomorrow’s paradigm.
JLT confirms Steve Abbott's retirement
Nick Cousins, managing director JLT Hong Kong, has praised his deputy Steve Abbott as he retires from the broker after 45 years in insurance at the end of the year.
Moody's downgrades Towergate's corporate family rating
Ratings agency Moody's has downgraded the corporate family rating and probability of default rating on Towergate Holdings II by two notches to Caa3/Caa3-PD.
Equistone sells A-Plan stake to Hg Capital
Private equity firm Equistone has agreed a deal to sell its majority stake in UK broker A-Plan to investment firm Hg Capital.
Steve Abbott to leave JLT in Hong Kong
Post understands Steve Abbott, Jardine Lloyd Thompson's deputy managing director in Hong Kong, is to leave the broker at the end of the year.
Reinsurance tariff hike won't impact Pool Re rates, claims Willis
The increased premium ceded to government as part of the new deal agreed with Pool Re will not result in a hike in rates paid by members of the terrorism facility, according to Ian Kennett, executive director in Willis' real estate practice.
Towergate sponsors London Broncos
Troubled broker to sponsor second division rugby league team the London Broncos for the next three years.
James Hallam reveals £200m growth plan
A merger or acquisition could be instrumental in a plan to build broker James Hallam from its current form as a top 30 UK independent broker into a major UK player of £200m gross written premium or more.
Towergate PI team heads to Griffiths & Armour
Griffiths & Armour has recruited a team of professional indemnity specialists to bolster its professional risks division.
Regulated firms to pay for £3.8m FCA report
The cost of the investigation into the Financial Conduct Authority's handling of publicity around a proposed life insurance thematic review is to be borne by the firms it regulates.
Alps agrees commercial breakdown deal with Higos
Auto Legal Protection Services has partnered with Higos to provide breakdown cover for commercial vehicles and fleet clients.
Be Wiser picks Open GI as commercial technology partner
Be Wiser has agreed a three-year deal for Open GI to be its commercial technology partner.
Debenhams signs three year car insurance deal with Eldon
Eldon Insurance has agreed a three year partnership deal with Debenhams Retail that will result in the Newcastle-based firm providing car insurance for the retail firm.
Fraud a bigger concern among EMEA financial firms than global counterparts
Europe, Middle East and Africa based financial institutions are more concerned about risks related to fraud and employee dishonesty than their global counterparts, according to a study by Aon Risk Solutions.
Former Gallagher Insurance Solutions MD follows Wallin to Brightside
The former managing director of Gallagher Insurance Solutions has been named as Brightside’s new commercial director, following the retirement of founder Paul Chase-Gardener.
Chase Templeton premium income moves north of £100m with triple purchase
Private medical insurance specialist Chase Templeton has concluded 2014 by tying up a trio of acquisitions that are expected to generate £2m in annual premium income.
Trade bodies fight for re-worded clauses to be restored to Insurance Bill
Biba and Airmic address House of Lords' committee in attempt to restore axed clauses
Interview: Paul Anscombe: Setting the standard
Paul Anscombe’s decision to set up the Insurance Brokers’ Standards Council has caused something of a stir within the broking community – but the James Hallam MD tells Post the group is exactly what the industry needs
Review of the Year: Lloyd's
Post’s annual review of Lloyd’s and the London market gathered reflections from players including Besso, Markel, Lloyd’s, Hiscox, EY and Beazley to reflect on 2014 and the challenges and expectations that lie ahead for next year
Career file: Hastings appoints Allstate's Biemer in underwriting role
Broker Hastings Direct has hired Ed Biemer from US giant Allstate in a new role as managing director for underwriting services.