Broker
LV Broker recruits DLG underwriting manager
LV Broker has swooped for a Direct Line Group portfolio underwriting boss to serve as its new technical underwriting manager.
Towergate strikes five-year motor claims deal with BGL
BGL Group has agreed a new five-year agreement with Towergate to manage motor claims for the 200 000 customers of the consolidator’s broker distribution network.
Bollington recruits from Circle for sales and affinities boss
Bollington has recruited Circle Insurance sales director Neil Newman to lead its commercial sales and affinities business.
Swinton recruits former Direct Line MD Moat as non-exec
Swinton has named former Direct Line motor managing director Chris Moat as a non-executive director, Post can reveal.
W B Baxter achieves chartered status
Essex broker W B Baxter has been awarded chartered insurance broker status by the Chartered Insurance Institute.
Markham recruits UN specialist for kidnap push
High net worth broker Markham Private Clients has appointed a European Parliament and United Nations risk specialist to head up a new kidnap and ransom facility underwritten by AIG.
Miller recruits XL Re’s Poon to head Asia claims
Insurance and reinsurance broker Miller has appointed XL Re’s claims manager to lead its claims operations in Asia.
Insurers faced 300 fewer Ombudsman complaints last quarter
Latest figures from the financial ombudsman show complaints relating to general insurance products, excluding payment protection cover, dropping to 6141 for the three months to 31 Dec.
Gallagher integration costs climb £3m in 2013
The total cost Gallagher of integrating 30 acquisitions including Giles and Bollinger rose by almost 25% over the course of 2013, costing the broking giant $24.1m (£14.5m)
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Post magazine – 30 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.
Editor's Comment: Getting the band back together
Last year The Big Reunion hit our screens featuring pop groups Five, 911, Atomic Kitten, The Honeyz, Liberty X, Blue and B*Witched.
DfT demands more telematics research before young driver safety green paper
Insurers warn telematics is not a ‘silver bullet’ as long wait for paper continues.
Penny Black's Insurance Week - 30 January 2014
Oval staff received a treat this week when the area outside their office was transformed into a film set – with none other than Jack Bauer himself, Kiefer Sutherland, among the famous faces on site filming scenes for the return of TV thriller 24.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
BIA Countdown: Top of the league: the most successful firms at the British Insurance Awards
To mark the 20th anniversary of the British Insurance Awards, Post thought it would be interesting to see who had been the most successful companies over the first 19 years, using a simple football-inspired scoring system of three points for a win and…
Trade Voice: Standards drive needs unified voice
The new year has seen a significant raising of the volume in the debate around standards and professionalism.
C-Suite: Different expectations pose risk
The government and the industry are not on the same page when it comes to motor premium reductions.
Career development: Allianz Commercial scholarships open for applicants
An Allianz scholarship programme supporting broking staff in achieving their Chartered Insurance Institute diploma has opened for applications.
Market Moves - 30 January 2014
Admiral, Canopius and Novae were among the recruiters in what was a busy week for insurers, with Bollington and JLT-owned Thistle the brokers making moves.
AA Insurance becomes Biba member
AA Insurance has become a member of the British Insurance Brokers’ Association with several of its staff set to join the trade body’s committees.
Brazil and Russia face increasing terrorism risk
Aon’s 2014 Terrorism and Political Violence Map has highlighted increasing risk in Brazil and Russia as the countries prepare to stage major sporting events in the form of the FIFA World Cup and the Winter Olympics.
Young driver debate welcomed despite lack of progress on green paper
Companies in attendance at a Westminster Hall debate on young driver safety have welcomed the opportunity to engage in a collaborative industry discussion, but questioned the prolonged delay of a green paper on the issue.
FCA claims review coincides with improving London market service quality
London market insurers have been “upping their game” in terms of claims service quality amid an ongoing Financial Conduct Authority thematic review, according to the results of Gracechurch Consulting’s 2013 claims performance monitor.