Broker
Footman James boss named Broker Network CEO
Towergate has appointed Footman James managing director Andy Fairchild as chief executive of Broker Network.
Trade bodies agree to further Flood Re exclusions talks
The Association of British Insurers and the British Insurance Brokers' Association have agreed to ongoing discussions around customers excluded from Flood Re.
20th British Insurance Awards - your photos
Last night's 20th British Insurance Awards gathered the cream of the crop to celebrate the industry's successes
Ageas's Barry Smith wins BIA achievement award as 20th anniversary winners revealed
Post Magazine celebrated the 20th anniversary of the British Insurance Awards last night in a ceremony at the Royal Albert Hall, attended by 2000 members of the insurance industry.
Willis deputy CEO Hearn handed UK leadership
Willis UK chief executive David Martin has been handed a newly created role as the broker’s global leader of placement, with deputy group CEO Steve Hearn replacing him in leading the UK business.
Guy Carpenter appoints de Haas to lead Benelux region
Guy Carpenter has appointed Roelant de Haas as Benelux region chief executive, effective 1 September.
Co-founder Carslake leaves Towergate-owned Arista
Arista founder Lyn Carslake has left his role as deputy chief executive at the managing general agent.
Gallagher promotes Oval’s Penketh to North West MD
Oval’s North West managing director Steve Penketh will expand his role to all of Arthur J Gallagher’s UK retail operations in the region following the departure of Paula Williams.
Editor's comment: Misguided? That’s putting it lightly
Underinsurance is a huge issue for the whole of the insurance sector and an ongoing battle for brokers, while putting the customer at the heart of every decision is becoming a mantra for the Financial Conduct Authority.
Brokers expected to prove worth after cut to minimum level of solicitors’ PI
ABI criticises SRA’s ‘misguided idea’ that reduction will lower premiums
Insiders expect Towergate exodus to help firm integrate Fusion business
Broker believed to be hit with FCA S166 order following client money failings
Ghost broker who targeted Yorkshire's Asian community jailed
A ghost broker who sold invalid car insurance policies to more than 100 Yorkshire-based motorists was today jailed for fraud.
FSCS GI provision payments increase by £10m
The Financial Services Compensation Scheme paid out £90m in the general insurance provision class during 2013/14 - a £10m increase on the previous year, according to its annual report.
C-Suite - MGA: Charting the progress of the MGA
Evolution celebrated its 10th anniversary in March this year. It seems unbelievable that we have been trading for so long, but our anniversary has caused me to reflect on some of the huge changes we have seen within the industry over the past decade.
C-Suite - Insurer: The hidden cost of broker rates
With broker commission hitting unreasonable heights, the squeeze is on insurers and consumers alike
Broker Exit Strategies: Employees hold key to exit strategies
Eventual sale is no longer an easy way out for SME brokers looking for an exit strategy – instead, they are turning to employee ownership as an option
Career file - Chris Ladkin: Brunel appoints Ladkin as non-executive chairman
Brunel Professional Risks has appointed Chris Ladkin as non-executive chairman as it sets its sights on becoming one of the UK’s largest independent brokers.
Market Moves - 10 July 2014
All the latest job moves in the insurance market
Motor customers paying up to 90% APR for monthly instalments
Motor insurance customers are being charged annual interest rates of up to 90% for choosing to pay in monthly instalments rather than an annual sum, according to research.
RFIB recruits Howden’s Dyke for non-marine international ops role
Lloyd’s broker RFIB has swooped for Howden’s head of operations Richard Dyke to take on a role as non-marine international division operations manager.
Biba to formulate guidance on sharing economy
The British Insurance Brokers' Association is to put together guidance on insuring risks for asset-sharing companies following a meeting between industry and government yesterday.
Capital investment sparks £1.2m tech upgrade at Bollington
Bollington Insurance Brokers has responded to demand for more interactive services by investing £1.2m in new software and call handling systems.
Permanent Flood Re CEO to be named this week
Flood Re Limited will this week unveil a permanent chief executive ahead of the release of a consultation addressing the final scope of the scheme.
Rural Insurance to terminate relationship with Broker Network
Rural Insurance managing director Ian Barclay has attributed a strategy of getting closer to brokers as the major factor behind his firm’s decision to sever ties with Towergate’s Broker Network.