Broker
Marsh boss raises doubts over customer benefit of quota share deals
Marsh UK and Ireland chief executive Mark Weil has admitted that doubts remain over the customer benefits of quota share deals, such as the arrangement made last year between Aon and Berkshire Hathaway.
Penny Black's Insurance Week - 16 January 2014
Penny was recently intrigued to hear just how seriously the BGL management team take their charity fund-raising.
Career development: MGAA calls for nominations ahead of board elections
A number of existing representatives of full managing general agent members of the Managing General Agents' Association have revealed their intention to stand for re-election, as the MGAA begins its board election process and calls for nominations from…
Career file - David Hunt: Biba names Lord Hunt as chairman
Lord David Hunt of Wirral has been named as the new chairman of the British Insurance Brokers' Association, replacing Andy Homer.
Chartered status: Raising standards
Amid an industry-wide drive for improved standards, how will the CII’s consultation on changes to its corporate chartered status criteria affect firms seeking to stand out from the crowd?
C-Suite: Look east for growth opportunities
To grow and prosper, all businesses need to seek new territories and then adapt their model to the needs of the local market. This is especially true of modern Lloyd’s brokers, for which simply being in London ceased to be the ultimate competitive…
Kingsbridge sells minority stake to private equity firm
Insurance broker Kingsbridge Risk Solutions has sold a minority stake to Isis Equity Partners, in a deal preserving the structure of the business.
Oval staff informed of Gallagher talks ahead of March deal
Oval staff have been informed about the broker being in exclusive acquisition talks with Arthur J Gallagher, a source close to Oval has said.
Compass targeting South East growth following Joy hire
Arthur J Gallagher is targeting regional network growth following the appointment of former MMA network and partnership manager Steve Joy to the role of business development manager for Compass Broker Services in the South East.
Japan's regulator to ban subcontractors selling insurance
The Financial Services Agency in Japan is expected to to ban insurance agencies from allowing subcontractors to sell insurance products.
Towergate completes triple acquisition
Towergate has inked deals to acquire Canworth Commercial, Irvine Insurance Services and John Fairley Insurance.
Howden recruits trio to pilot aviation division
Hyperion-owned insurance broker Howden has recruited two from Gallagher and a further specialist from Marsh to bolster its aviation unit.
Independent midwives PI deadline extended to February
The deadline for independent midwives to have mandatory professional indemnity cover in place has been extended to the end of February.
Thomas Carroll opens new Swansea office
Welsh broker Thomas Carroll has acquired a new headquarters building in Swansea.
Gallagher tipped to enhance global stature with Oval acquisition
A take-over of broker Oval would see Arthur J Gallagher cement its position within the top echelons of the broking world, according to Bluefin executive chairman Stuart Reid.
Willis acquires specialist broker Charles Monat
Willis has acquired Charles Monat, a life insurance broker to high net worth clients, to bolster its Global Wealth Solutions operation.
Towergate appoints Ben Alexander as digital head
Towergate has appointed Ben Alexander as its head of digital tasked with helping to grow income from the business’ digital channels.
Europe: Construction firms rush for the emerging El Dorado
Emerging countries need, more than ever before, to dramatically improve their infrastructure systems in order to maintain their GDP growth rate.
Sutton Winson swoops for JLT regional MD Cowdrill
Commercial broker Sutton Winson has hired Jardine Lloyd Thompson’s regional managing director for Southampton Tom Cowdrill to head up its Petersfield office.
Man to appear before court nine months after dawn Ifed raid
The Insurance Fraud Enforcement Department has secured charges against an individual arrested during an early morning raid attended by Post last April.
No job cuts planned following RSA broking merger
RSA will not look to cut staff numbers after merging its affinity and personal lines broker divisions into a single unit.
RSA merges affinity and PL broker units
RSA is to create a single UK personal intermediated unit, bringing together its affinity and personal lines brokers teams, with personal broker boss Jill White exiting.
Post magazine – 9 January 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Axa Assistance to provide breakdown service for Carole Nash
Axa Assistance has won a contract to provide breakdown services to broker Carole Nash’s motorcycle and classic car customers.