Broker
AA index reports 6.1% motor premium decrease
Latest results from the AA British Insurance Premium Index show a 6.1% decrease in annual comprehensive car insurance premiums to £504.59 for the three months ended 30 June.
Broker Network boss Fairchild says proving value key to membership
New Broker Network chief executive Andy Fairchild has pledged to prove to insurer and broker members the value of being part of the group.
Gauntlet targets 20 appointed representative relationships
Coventry-based accountant Askews is to offer insurance via an appointed representative of broker Gauntlet Risk Management.
Insurance business crucial to future growth at the AA, claims Connor
AA Insurance Services managing director Janet Connor believes her recent appointment serves to highlight the growing emphasis the AA places on insurance.
Post Intelligence Docu-Video: How can the industry tackle application fraud?
While claims fraud continues to grab the most headlines, insurers and brokers are now focusing as much attention on fraud at the point of quote.
Tony Allen to continue as A&A Group UK CEO
Allen & Allen Group has confirmed Tony Allen will continue in the role of UK chief executive following the departure of Martin Oliver in May.
Aon UK to focus on local expertise following regional restructure
Aon Risk Solutions has outlined plans to change its national structure across the UK in a move that will see the Aon UK business consolidate into four key regional areas.
Bollington recruits former rugby star Jee
Former Sale and Manchester rugby star Phil Jee has joined Bollington to serve as a corporate account manager.
Video: Minova Insurance Holdings group chief executive Dane Douetil
After 10 months in his role as Minova Insurance Holdings group chief executive Dane Douetil spoke with Post reporter Katie Marriner about the challenges facing the business and his experiences at the company so far.
Henderson quadruples risk management unit with CRS buy
Henderson Insurance Brokers has swooped for Staffordshire-based Corporate Risk Systems, substantially bolstering its risk management and training practice.
Ipswich-based start-up Liability & General partners with James Hallam
James Hallam has sealed a partnership agreement with Liability & General, a business founded by former Oval and Giles executives Dave Mangan and Rob Allinson.
Leeds broker pays Gallagher over contract breach allegations
Hale Kavanagh Insurance Brokers has paid compensation to Arthur J Gallagher following allegations of contract breaches over the past 12 months.
Aon launches simplified Solvency II calculation tool
Aon’s risk management business has developed a new tool to simplify the calculation of capital totals under Solvency II.
Video: Allianz Commercial general manager Simon McGinn (Part Two)
In the second of two videos Allianz Commercial general manager, Simon McGinn discusses how his business plans to connect with brokers to help it achieve its objectives, and what concerns he has over renewed levels of consolidation among intermediaries.
Hughes’ Murphy joins Apricot
Northern Irish broker Apricot has recruited Elaine Murphy from Hughes to serve as Belfast branch manager.
Arista underwriter Rolfe heads to Bluefin
Bluefin has swooped for Arista senior underwriter Sian Rolfe, naming their new recruit as underwriting product manager.
Integro acquires film broker Stonehouse Conseillers
Integro has further expanded its entertainment practice with a deal to acquire London-based broker Stonehouse Conseillers.
FCA fines Stonebridge £8.4m for mis-selling accident insurance
Stonebridge International Insurance has been slapped with a £8.4m fine by the Financial Conduct Authority after issues were uncovered with the broker’s sales of accident insurance products.
Video: Allianz Commercial general manager Simon McGinn (Part One)
In the first of two videos Allianz Commercial general manager, Simon McGinn discusses his businesses five year plan to be the largest insurer in its chosen market.
Towergate restructuring costs climb to £15m for H1
Towergate’s group reorganisation programme cost the broker £15.1m in the six months to June 30, an increase on the £9.1m spent in the first half of 2013.
FCA calls for claims ratios in final add-ons report face renewed criticism
The Financial Conduct Authority’s proposal to impose a requirement for insurance companies that engage in the sale of add-on products to publish claims ratios as a measure of value is expected to face continued criticism.
Hodges declines to rule out more redundancies
Towergate group chief executive Mark Hodges has refused to rule out further expansions to the broker’s redundancy programme over the next year, shortly after confirming that the firm would lose an additional 100 staff.
Towergate losses grow 52% as redundancy programme expands
Towergate has announced increased pre-tax losses for the first half of 2014, alongside adding an extra 100 staff to expected headcount reduction by year end.
World War One Memories: Story of the war
To mark the 100th anniversary of Great Britain’s involvement in World War One, Post asked a number of major insurers how the conflict impacted their staff at home and abroad.