Broker
Market Moves - 10 April 2014
Who has moved where in the insurance industry this week.
In Series: Mid-corporate Risks: Think about the future
Continuity planning myths include a demand on resources and significant organisation. How can mid-market firms use their expertise to reduce their exposure to loss – and how can insurers help?
Regional Review: Leeds
The fact that Leeds is a city on the up has not been lost on the regional insurance market, which counts a multitude of major insurers and a thriving community of brokers within its ranks.
C-Suite – MGA: How to keep stakeholders satisfied
The job of the MGA, a skilled balancing act of keeping various stakeholders happy, is not to be sniffed at.
C-Suite - Broker: Time to attract young talent
Following the Chartered Insurance Institute’s skills shortage research late last year, the industry seems to be taking positive strides to increase the mix of skills within the sector.
In Series: Mid-corporate Risks: Staying afloat
Staying afloat
BIA Countdown: Achievement winner reflects: Q&A with CII chief executive Sandy Scott
Since their inception, the British Insurance Awards have become the unrivalled badge of excellence for the insurance sector, raising standards across the industry through their showcasing of best‑of‑breed performance and innovation.
High-net-worth firms get behind ABI’s band H stance
The Association of British Insurers' support for including band H properties in Flood Re has been welcomed by high-net-worth firms.
Ng joins Miller from China Taiping in Hong Kong
Joe Ng has joined Miller’s team in Hong Kong in a treaty reinsurance business production role.
RA Cowen boss Scott to chair latest Biba advisory board
The British Insurance Brokers’ Association has appointed RA Cowen and Partners director Grant Scott as chairman of its regional chairs’ advisory board.
Giles deal costs AJG $4.2m in expenses
Integration expenses related to the Giles acquisition cost Arthur J Gallagher $4.2m (£2.5m), according to the global broker’s 2014 Q1 results.
Bluefin appoints Acxiom's Higgins as PE head
Bluefin has appointed Jon Higgins as its head of private equity, where he will focus on developing Bluefin’s mergers and acquisitions practice in the private equity and corporate arena.
Chase Templeton acquires Ealing-based SJS Healthcare
Chase Templeton has acquired Ealing-based SJS Healthcare Associates in a deal adding £2m annual premium income to its books.
Brightside recruits three for senior roles
Listed broker Brightside has recruited a chief operating officer for its retail division, capacity and pricing manager and a head of compliance.
Gallagher buys Wesfarmers broking division for A$1.1bn
International insurance broker Arther J Gallagher & Co. has bought Wesfarmers insurance broking operations based in Australia, New Zealand and the UK for A$1.1bn ($928m).
Gallagher acquires in New Zealand
Arthur J. Gallagher has acquired commercial insurance broker Auckland-based Mike Henry Insurance Brokers.
Ex-Astbury Wren CEO banned and fined for misuse of funds
The director of Astbury Wren has been found to have breached a fundamental regulatory principle and has been subsequently banned from undertaking any regulated activity and fined £70 000 by the Financial Conduct Authority.
Devine launches ‘tech savvy’ motor broker
Former Ageas retail commercial director Brendan Devine has formally launched his new motor broker Sure Thing, targeting a best in class online experience.
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’.