Broker
Union bosses to protest AA debt loading ahead of Saga float
GMB union leaders will hold a protest outside the London Stock Exchange on Wednesday over the expected loading of £4bn debts on the AA motoring organisation once Saga floats.
Richard Thacker & Company snapped up by Integro
Manchester-based broker Richard Thacker & Company has been acquired by international insurance brokerage and risk management firm Integro for an undisclosed sum.
IBSC chair Anscombe signs James Hallam up for Biba membership
Seventeen Group-owned broker James Hallam has become a member of the British Insurance Brokers’ Association.
Former Aon boss Martin named CEO of Willis Limited
Willis Group has appointed David Martin as chief executive of the group’s principal UK regulated entity Willis Limited.
Autonet hires ex-Axa man Marshall as head of underwriting
Van insurance broking specialist Autonet Insurance has appointed former Axa assistant product manager Glen Marshall as its head of underwriting.
Aon Q1 broking income rises 10%
Broking giant Aon has seen global first quarter broking income rise 10% on a year-on-year basis, rising from $403m (£240m) to $445m.
Biba and Acturis price index shows 5.5% drop in Q1 rates
Consumers paid 5.5% less on insurance in the first quarter of the year compared with Q1 2013, according to the British Insurance Brokers’ Association and Acturis’ insurance price index.
LV Broker secures Brightside online motor deal
LV Broker has completed a deal to offer its Highway car product to Brightside online customers, including affinity partners.
Arista transition to cause 'minimal disruption', vows Nathan
Towergate Underwriting chief executive Clive Nathan has moved to assuage potential concerns the acquisition of Arista will prove disruptive to the commercial managing general agent’s regional trading sites.
Nick Watson to lead Arista following acquisition by Towergate
Towergate has snapped up Arista in a deal that will see the consolidator’s change director Nick Watson appointed chief executive of the newly acquired managing general agent.
Markham swoops for former Oak MD as chairman
High net worth broker Markham Private Clients has swooped for former Oak Underwriting managing director Bob Trott, recruiting him to serve as its new chairman.
At least $100m of cover for passengers of stricken South Korea vessel
Post understands international broker Willis helps place reinsurance covering members of the Korean Shipping Association of which the owners of the stricken Sewol is a member.
Ex-Zurich claims boss Cawley resurfaces at Towergate
Consolidator unveils string of hires amid underwriting restructure
Towergate believed to be close to Arista acquisition
Towergate is believed to be closing in on a deal to acquire managing general agent Arista.
73% of brokers say regulation hitting customer service
Almost three quarters of intermediaries have warned that the weight of regulation is damaging insurers' customer service, in a survey conducted by EDM Group, Post can reveal.
Barbon finance boss resurfaces as Gallagher UK retail FD
Barbon financial director Kevin Withington has taken on a new role as Gallagher’s UK retail financial director.
JLT creates Hong Kong political and credit risk team
JLT has created a credit, political and security risks team in Hong Kong by hiring Edmond Yun as divisional director, and employing Stephen Chan and Koh Wei Jun as account managers.
Lockton signs up to Biba PI panel for a further three years
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker contract with Lockton for a further three years.
Video: Encouraging telematics take-up in the broker market
Whilst the issue of telematics is written large in the business plans of many insurers, the same cannot be said for brokers.
Teixeira joins Alvarez & Marsal as MD for risk advisory services
Willis’ former practice leader for integrated risk management services, Tom Teixeira, has joined Alvarez & Marsal as managing director for its risk advisory services practice.
Europe: International Product Recall
Food contamination issues can be extremely serious - and even if it happens in a country many thousands of miles away, news travels fast, which could mean bigger insurance implications for the companies involved.
GRP close to second acquisition as Margrett boosts management team
Global Risk Partners is preparing to unveil its second major acquisition having bolstered its central management team with senior recruits from Towergate and KPMG.
Callaghan and Sagar to leave Lockton in Asia
Post understands Lockton's executive chairman, Asia-Pacific Gerry Callaghan is retiring at the end of the year, whilst the CEO of Singapore Manan Sagar has resigned.
Rajan joins Miller from Marsh in marine role
Govinda Rajan has joined Miller's Singapore office in a South-East Asia marine hull business production role.