Broker
David Holman memorial service open to market colleagues
Market colleagues have been invited to attend a memorial service in honour of the former boss of Lloyd’s broker John Holman & Sons, David McArthur Holman, who has passed away at the age of 85.
Insurers recognise need for efficiency
Insurance executives have identified back office functions and claims as the top areas of their business where efficiency could improve, according to research from the EDM Group.
Bluefin hires Sherwood for Milton Keynes role
Bluefin has appointed Craig Sherwood as its Milton Keynes branch director.
Industry welcomes government fraud action
Insurers have welcomed government measures to tackle insurance fraud announced today by Justice Secretary Chris Grayling.
LV Broker unveils property investor cover
LV Broker has revealed a new cover for clients with large property portfolios in a bid to grow its commercial property offering.
Biba concerned by riot damages cap
The British Insurance Brokers' Association has expressed concern over the suggested cap on claiming compensation proposed by government in its overhaul of the Riot (Damages) Act.
JLT Specialty partners with Starr on solicitors' PI agreement
JLT Specialty has expanded its solictors' professional indemnity offering through a partnership with Starr Companies for four to 10 partner firms in England and Wales.
ULR Additions sold to claims investment group
Legal expenses provider ULR Additions has been sold by founders Alan and Birgitt Macalister to an investment group specialising in claims management firms, Post can reveal.
Broker Network recruits from CCV for business development boss
Broker Network has taken a new head of business development from Towergate-owned CCV Risk Solutions.
RFIB launches insolvency protection
Independent broker RFIB has launched a financial resource policy, led by Ironshore Europe.
Insurers vie for RSA broker motor business despite ‘unsustainable’ label
LV and Zurich among the major insurers looking to capitalise on RSA’s motor cuts
Adding 1 eyes regional brokers after reforming as an MGA
Former Jersey-based intermediary Adding 1 has reformed as a managing general agent and is targeting independent brokers across the UK.
Aon completes Lorica Employee Benefits purchase
Aon has completed the acquisition of Lorica Employee Benefits, boosting the broking giants own human resource solutions business to more than 400 employees.
Market Moves - 5 June 2014
All the latest job moves in the insurance market
BP Marsh eyes start-up opportunities
The current tough environment for brokers could create significant investment opportunities for venture capital firms, according to BP Marsh chairman Brian Marsh.
Liberty looks to Willis for fine art role
Liberty Specialty Markets has appointed Ross Drabble as deputy class underwriter for fine art and specie.
A-Plan's PE owners planning sale, states report
Retail broker A-Plan is gearing up for a £300m sale, according to Sky News.
Broker estimates potential aquaculture insurance premiums at $3bn
A senior broker estimates the fish farming or aquaculture insurance market could be worth as much as half of the $6bn Chinese agriculture insurance market.
C-Suite - Broker: What makes a good acquisition?
The past 12 months have been a busy period for merger and acquisition activity across the insurance sector – an encouraging reminder that our industry remains as dynamic as ever, with businesses continuing to execute ambitious growth strategies as they…
FCA sharpens focus on wholesale market
Financial Conduct Authority chief executive Martin Wheatley today emphasised the regulator's shift in focus to the commercial insurance market.
Lockton snaps up Motorsport specialist
Broker Lockton has completed the acquisition of Leeds-based motorsport broker, MIS Motorsport.
IIG to offer rated solution to brokers placing demolition risks
Incorporated Insurance Group has launched a demolition contractors’ liability scheme in a bid to support brokers who have previously been forced to delve into unrated markets.
Aon Benfield senior broker Willmont joins Canopius
Canopius has appointed Sarah Willmont from Aon Benfield to take on the position of deputy divisional underwriter for its property treaty division.
Towergate Q1 losses increase to £27m
Towergate has seen made an expanded pre-tax loss of £26.6m for the first three months of the year, up 41% from last year’s equivalent figure of £18.9m.