Broker
Randall appointed senior vice president of Lockton
Lockton has appointed Mark Randall as senior vice president, who joins the MENA operation in the Dubai International Finance Centre.
Towergate recruits from G4S for IT director
Towergate has named a new IT director from G4S with responsibility for service across underwriting, finance, HR, legal, risk and compliance.
Bluefin recruits Thistle CUO to lead MGA
Bluefin has recruited Thistle’s chief underwriting officer to lead its new managing general agent.
Swinton extends Quindell contract until March 2015
Outsourcing provider Quindell has agreed an extension of a material contract with high street broker Swinton.
C-Suite: Empowering young Asian professionals
A senior Indonesian insurance broker reflects on how companies in the Asian insurance sector can help attract, retain and develop the best young graduates.
AA survey highlights pothole 'crisis' as claims skyrocket
AA president Edmund King is calling on politicians to recognise the “crisis” impacting UK roads after a survey by his organisation showed that a rising number of motorists rate local roads as being in a ‘terrible condition’.
Keelan Westall adds three products to e-trading platform
Hampshire-based broker Keelan Westall has added three products to its residential risks e-trading platform including cover for blocks of flats and a new product for property owners.
RK Harrison sees 44% boost to 2012/3 pre-tax operating profits
RK Harrison has recorded a substantial year-on-year jump in pre-tax operating profits for the year ended 30 June 2013, with figures leaping from £15.8m to £23.7m.
CGSC boss Esser responds as firm's rating outlook slips
Cooper Gay Swett and Crawford chief executive Toby Esser has welcomed Standard and Poor’s decision to maintain its B credit rating, despite a challenging operating environment seeing the firm’s outlook slip to negative.
Deakin insists retail CEO Blanc is in it for the long haul as AJG buys Oval
Commercial director hoping for third time lucky after Colosso and McManus exits
Market Moves - 3 April 2014
A round up of who has moved where in the market this week.
C-Suite: Broker: Staff health catching up with safety
Health and safety gets a bad rap at times, and when it does so the focus is nearly always on the safety half of the equation and its regulations.
In Series: Mid-corporate Risks: Taking care of business
From slips and trips to cyber risks, the retail and wholesale sector has a changing risk profile – and insurers are perfectly placed to advise
Gallagher to axe Giles brand in May
Arthur J Gallagher is planning to drop the Giles brand in two months, with the Oval name set to disappear further down the line, commercial director Janice Deakin has told Post.
Gallagher acquires Oval for £199m
Gallagher has completed a deal to acquire Oval for £199m, with Peter Blanc serving as Gallagher’s new chief executive of UK retail.
Bradshaw takes Biba consultancy role
Barbara Bradshaw has moved to a consultancy role at the British Insurance Brokers' Association focusing on member engagement and contributing to the smaller brokers' advisory board.
April Fool’s: No telematics deal in the pipeline for cyclists
While there may be some truth in there being a long-running battle between motorists and cyclists on Britain’s roads – it will not be solved by a telematics offering from a major motor insurer.
Ex-RSA director Wilkinson takes on consultancy role at Perkins Slade
Former RSA mid-market regions director Dan Wilkinson has resurfaced at independent broker Perkins Slade where he will work on a consultancy basis to support delivery of the company’s business development strategy.
Gallagher completes £210m deal for Oval, claims report
The acquisition of Oval by Arthur J Gallagher has been completed with the American firm paying approximately £210m to acquire the Wakefield-based broker, according to reports this morning.
FCA to investigate commercial claims among string of new reviews
The Financial Conduct Authority is to look into the commercial claims market in one of a string of thematic reviews for the general insurance sector announced in its annual business plan today.
EISL director fined by FCA for fraudulent NCD forms
EISL director Philip Eley has been fined £7200 by the Financial Conduct Authority and banned from working in his approved capacity by the regulator.
Colosso first name on Biba advisory board to replace LMRC
Howden chief executive Adrian Colosso will form part of a British Insurance Brokers’ Association advisory board that is being set up to replace the London market region committee.
Ageas and Broker Network sign five-year deal
Independent broker organisation Broker Network has signed a five year strategic partnership deal with insurer Ageas.