Broker
NCI Vehicle Rescue notches record pre-tax profits
Motor and pet specialist NCI Vehicle Rescue recorded its best ever pre -tax profits for the year ending 31 March 2014.
JLT to retain specialty focus as it eyes US expansion
The acquisition of Towers Watson Re was the catalyst for JLT’s US expansion plan, according to the broker’s chief executive Dominic Burke.
CGSC rolls out cost cutting plans following year of stunted growth
Cooper Gay Swett & Crawford is working on plans to streamline costs in a bid to address “profit reducing inefficiencies” related to 18 months of organic and acquisitive growth.
Marsh appoints former RSA construction head
Marsh has appointed Mike Spencer to the role of senior global construction specialist.
Gallagher CUO Fisher resigns
Arthur J Gallagher’s chief underwriting officer Sian Fisher has resigned for “a fresh challenge”, and will exit the broker in mid-October.
JLT Specialty to merge with Lloyd & Partners as broker eyes US expansion
Jardine Lloyd Thompson is to merge its JLT Specialty and Lloyd & Partners businesses as it primes for a new phase of growth in the US specialty area.
Brokerslink gears up for Venice conference
More than 200 broking delegates from 70 countries are expected to participate in this year's Brokerslink conference in October.
C-Suite: Understanding cyber risk in Asia
Aon's Murray Wood argues companies need to invest in cyber protection as threats become more common and varied.
Hodges admits caution in Manchester call centre migration
Towergate chief executive Mark Hodges has admitted the broker is leaving some SME and personal lines business with local offices, rather than migrating accounts to its new Manchester call centre.
Miller appoints Beattie to head Asian construction unit
Miller has appointed former Willis divisional director Paul Beattie as its head of construction for Asia.
Austbrokers racks up 10.5% rise in 2014 after-tax profits
Sydney-based insurance company Austbrokers has chalked up ninth successive year of double-digit earnings growth with a net profit after tax of A$35.5m (£20m) for 2014 (2013: A$32.1m).
Aon and Amlin launch new product for estate owners
Aon Estates Practice, part of the broker's private client business, has launched an insurance solution for estate owners, in conjunction with Lloyd’s insurer Amlin.
Great Lakes Australia helps Steadfast buy Calliden
Australia's largest broker network Steadfast is buying Australian managing general agent the Calliden Group for A$105m (£59.1m).
Brightside co-founder Chase-Gardener handed commercial director role
Brightside founder Paul Chase-Gardener has been given a new role as the broker’s commercial director, with former Barbon chief executive Ian Sutherland also joining the business.
Price Forbes recruits four Gallagher financial lines leaders
Lloyd’s broker Price Forbes has recruited four new staff from A J Gallagher, including Adrian Fox, the head of the financial lines international broking and wholesale division.
Austbrokers swoops for 50% share in risk management consultancy
Sydney-based broking business Austbrokers Holdings has sealed its third acquisition in as many weeks with the purchase of equity in specialist risk management consultancy Risk Strategies.
Iprism scythes away debts despite drooping profits
Iprism Underwriting Agency has revealed a sharply improved debt position in accounts filed with Companies House, in spite of falling post-tax profits.
Government on course to introduce RPA despite industry debate
The Department for Education is pushing ahead with plans to introduce a risk pooling arrangement for academies and free schools on 1 September despite vociferous opposition from within the insurance industry.
Marsh looks to BGL for UK affinity head
Marsh has made a double appointment hiring Mike Canniffe as UK affinity leader and Paul Kershaw as placement and proposition leader in its UK consumer and commercial practice.
Reinsurance terrorism market softening, claims Guy Carpenter
The terrorism market for reinsurance is softening, according to a report by Guy Carpenter, which claimed greater capacity and an absence of major terrorist-related losses has led to an increase in competition.
Data and Analytics Asia Q+A: Michael Lamb, CCW
Ahead of the upcoming Insurance Data Analytics Asia 2014 conference in Hong Kong, Postonline interviews a key speaker.
Aon granted trailblazer status for new insurance apprentice standard
Broker Aon has been awarded government Trailblazer standard for insurance apprentices.
Bridge Insurance Brokers launches bespoke programme for mine clearance firms
Bridge Insurance Brokers has launched a division to deliver bespoke insurance programmes to organisations involved in mine removal and post conflict security.
Howden introduces 'world first' mining rescue product
Howden Broking Group has launched a standalone product that mitigates the costs of rescue in the event of a mine collapse.