Broker
Low end HNW homeowners hit with steepest premium increases
The lower end of the high net worth market was hit with the biggest percentage increases in 2013 according to private client broker Castleacre’s high net worth property index.
Frank Pickles goes live on The Broker Cloud
Frank Pickles has adopted The Broker Cloud’s software solution for motorhome and kit car.
Willis launches representative office in Myanmar
Broker Willis has opened a representative office in Myanmar following a “growing wave of interest” from clients.
External forces driving risk management transparency says Guy Carp
Transparency on risk management targets and practices is improving according to reinsurance broker Guy Carpenter, with regulatory and market forces said to continue the trend.
Besso fine is 'stark reminder' of costs of non-compliance
The fine incurred today by Besso should serve as a cautionary tale for other brokers according to Anton Luck, partner at accountancy firm Moore Stephens
Miller recruits from Asia Capital Re to develop regional reinsurance book
Miller has recruited a non-marine treaty reinsurance specialist from Asia Capital Re to bolster its presence in Asia.
Howden to acquire Colombian reinsurance broker
Howden has completed a deal to acquire a Bogota-based reinsurance broker, pending regulatory approval.
Besso fined £315 000 by FCA
Broker Besso has been fined £315 000 by the Financial Conduct Authority for failing to take reasonable care to maintain controls against the risks of bribery and corruption.
Towergate acquires four regional broking operations
Towergate chief executive Mark Hodges has heralded continued “acquisition momentum” in 2014 after agreeing deals to take on four regional broking businesses.
Editor's comment: Joining forces to finish the race
Brokers and insurers could be described as having a love-hate relationship – like Roadrunner and Wile E Coyote.
Personal lines brokers told to shore up data defences after Aviva breach
PRA and FCA expected to increase scrutiny of data protection systems.
Brokers warned to scrutinise TOBAs ahead of new employers’ liability rules
Insurers could pass on fines to firms failing to obtain employee reference numbers.
Career file - Amanda Fox: Paymentshield swoops for Swinton's Fox
Towergate subsidiary Paymentshield has appointed Amanda Fox as insurer relations director.
Market Moves - 20 March 2014
Who has moved where in the insurance industry this week.
Application Fraud: The whole truth?
A recent study found up to a quarter of all insurance applications could be deliberately inaccurate. What can insurers do to help prevent this?
JLT Towers Re Bermuda launches following acquisition
JLT Towers Re has launched a combined operation in Bermuda following JLT Re’s acquisition of Towers Watson Re’s global operations.
Aon pair jump ship to join Miller marine team
Miller has appointed Heather Clarkson and Rick Kerr in a bid to bolster its marine hull business production, broking and account handling capabilities.
Bluefin appoints Potter to manage Bournemouth branch
Bluefin has appointed Adrian Potter as branch manager of its Bournemouth office.
Broker Network extends Zurich partnership
Broker Network has renewed its partnership deal with Zurich – a relationship that has lasted more than 15 years.
Willis' Hearn appointed Liiba chair
Willis Group’s deputy chief executive officer Steve Hearn has been elected chairman of the London & International Insurance Brokers’ Association.
Swinton Commercial acquires Cleethorpes-based consultant
Swinton Commercial has purchased Cleethorpes-based CH Turner Insurance Consultants.
Miller recruits former Willis energy specialist
Miller is seeking to expand its downstream energy business with the appointment of a former Faber Global broker.
Brokers Link targets members in four more Asia countries
International broker group Brokers Link wants to expand its reach to Cambodia, Brunei, Myanmar and Laos to have a presence in all ten ASEAN countries.
Plum continues Irish roll-out with non-standard home cover
Specialist household insurance provider Plum Underwriting has started writing non-standard and mid net worth household in the Republic of Ireland.