Broker
Biba to consult on professional standards in 2014
The British Insurance Brokers’ Association is to conduct a consultation on professional standards within the broking industry in the first quarter of 2014.
Broker standards body launched
A new standards body has been launched to improve behaviour and standards in the broking industry.
Lonmar moving to new London HQ
Lloyd’s broker Lonmar Global Risks is ringing in the New Year with a move from the central London office it has been based in for the past 12 years.
Female motorists unlikely to suffer renewal hikes, claims AA boss
Falling premiums within the motor market will mask the worst effects of the European Court of Justice’s gender ruling for young women renewing their car insurance in 2014, according to the AA’s director of insurance.
Catastrophe reinsurance premiums down 11%
Rates for property-catastrophe reinsurance tumbled 11% in 2014 renewals figures from Guy Carpenter revealed.
Gallagher grows north-east office with sales director appointment
Arthur J Gallagher is growing its management team in north-east England with the appointment of Martin Atkinson as UK retail sales director.
Willis predicts unprofitable airlines market by 2015 as soft market continues
Unprecedented levels of competition, growth in exposures and low loss levels are driving premium reductions for insurance buyers during the busy airline renewal season according Willis Group Holdings.
Willis unveils global head of casualty
Willis Group has appointed Seth Peller to the newly created role of Global Head of Casualty, effective January 2014.
JLT Specialty grows team with five hires
JLT Specialty has today announced five appointments in its London-based team.
Footprint MD Testa to unveil motorcycle offering following Banks reunion
The managing director of newly launched van insurance brand Footprint, Lance Testa, is expecting to integrate motorcycle insurance into the business in February as he prepares to take on established players, including his former employer Brightside's…
Paul Fairhurst appointed to AJG Manchester role
Paul Fairhurst has been appointed Arthur J Gallagher Manchester office head for the UK retail division.
JLT £1.8m fine is a ‘wake-up call’ for firms says the BSI
JTL’s £1.8m fine is a wake-up call to the importance of having clear anti-bribery policies, the British Standards Institution has said.
Young driver green paper publication unlikely before 2014
The Department for Transport has said it will not be releasing its green paper on young driver safety until it has reconciled improving safety without restricting young people’s freedom.
Beazley boosts Latin American development with appointment
Beazley has appointed Ricardo Ortega as head of business development in Latin America.
Bluefin acquires Scottish PI broker
Bluefin has acquired independent Edinburgh-based broker P I Brokers for an undisclosed sum.
Willis names Owens as CEO of amalgamated captive business
Willis Group has appointed Paul Owens as chief executive of the newly formed Willis Global Captive Management business.
FCA fines JLT Specialty £1.8m
JLT Specialty has been fined £1.8m by the Financial Conduct Authority for failing to have appropriate systems in place to guard against the risk of bribery or corruption when making payments to overseas third parties.
Turvill to continue as NED after retiring as Willis International chair
Willis International chairman Sarah Turvill will step down from her role at the end of the year before taking on a non-executive director position on the board.
ABC Home product launches on Berkley Alexander panel
LV Broker’s ABC home insurance product has been launched on the Berkley Alexander Quote & Buy panel.
London market set for further broker M&A
Mergers and acquisitions among London market insurance brokers are likely to increase in 2014 according to Deloitte.
FCA urged to probe premium finance arrangements after TCF accusations
Whistleblower says ‘nearly all’ big brokers are shortchanging their customers
Lark buys £40k CR Goddard book
Lark has purchased a small book of predominantly private client business from East Sussex broker CR Goddard.
Post magazine – 19/26 December 2013
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.
Biba welcomes CC recommendations on most-favoured nation clauses
The British Insurance Brokers’ Association has welcomed the Competition Commission's move to act on “anti-competitive” most-favoured nation clauses.