Broker
Political risk cover becoming difficult in Ukraine and Russia, says Marsh
Insurers are pulling out of the political risk market in Russia and the Ukraine according to political risk experts at Marsh with existing policyholders facing increases on renewals.
Jelf Manson recruits Askew as North West director
Manchester broker Jelf Manson has appointed former CBG Group managing director Mike Askew as a new director for the North West region.
Premium rise likely if add-ons changes implemented
The Financial Conduct Authority’s proposed changes to the way general insurance add-ons are sold could spell the end of competitive introductory premiums, accountancy firm Moore Stephens says.
Liberty Mutual Europe denies Access BI connection
Liberty Mutual Insurance Europe has written to brokers denying any connection with underwriting agency Access BI, Post’s sister title Insurance Age has revealed.
Add-ons remedies to help level playing field for brokers, Biba says
The British Insurance Brokers’ Association has called the Financial Conduct Authority’s suggested remedies to its market investigation into add-ons a sensible first step.
Managing General Agents: Tightening up
Most sectors of the insurance industry audibly groan when presented with the possibility of increased regulation – so why are managing general agents welcoming the prospect?
Catlin to honour unapproved Access BI policies
Catlin is to honour insurance policies that were issued without approval by underwriting agency Access BI prior to an intervention from the Financial Conduct Authority.
Kerry London posts 25% rise in Ebitda
Broker Kerry London Group posted a 25% rise in Ebitda from £1.8M to over £2.3M in 2013.
FP Marine buys rival broker in Hong Kong
FP Marine Risks, which is 55% owned by Hyperion, is in advanced negotiations to acquire the assets and staff of Risk Exchange a marine broker also based in Hong Kong.
Thomas named Asia head of claims at Willis
After 11 years Neil Thomas has moved from Willis' energy and property claims team to become head of claims, Asia at the international broker.
BIA Countdown: Industry stalwart Gerry Loughney on 20 years of the BIAs
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.
C-Suite - MGA: Small can be beautiful
There are clear benefits in staying small, rather than blindly rushing to consolidate.
Penny speed meets... Kevan Aubrey, head of commercial distribution, LV Broker
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
C-suite - Broker: Bring on the polymaths
My neighbour Lizzy Yarnold just won an Olympic gold medal. From what I know of her, I am convinced that if she had not won gold for the skeleton in Sochi, she would have won a gold medal in something else, somewhere else.
Market Moves - 13 March 2014
Post takes a look at who has moved where in the insurance industry this week.
Biba renews scheme deal with Perkins Slade
The British Insurance Brokers’ Association has renewed its credit management and bonds scheme with Perkins Slade.
Bluefin grows sports, commercial units with double purchase
Bluefin has swooped for two brokers, adding to its sports and commercial divisions.
David Oliver unveils personal accident portal
Underwriting agency David Oliver Associates has launched a new personal accident and sickness facility for brokers.
Gallagher agrees two-year sponsorship deal with Richmond FC
International broker Arthur J Gallagher has agreed a two-year partnership with community rugby club Richmond as part of its plan to become the UK’s retail broking brand of choice.
Aon Benfield's Galizia to lead Latin America region
Aon Benfield has promoted Alejandro Galizia to chief executive officer for the Latin America region.
Access BI likely to lose regulatory approvals next week
Specialist managing general agent Access BI is likely to see its regulatory permissions revoked after Post’s sister title Insurance Age revealed it was under regulatory investigation.
Post-blog: Turning information into new business
Information on clients and prospects has never been more plentiful or available.
Brightside extends Asda partnership
Brightside has extended its partnership with Asda to provide car and commercial vehicle insurance for a further three years.
JLT launches business in Argentina
Broker JLT has established a business in Argentina to support the local and regional market.