Broker
FCA to investigate broker conflicts of interest
The Financial Conduct Authority is launching a thematic review into broker conflicts of interest.
Indemnity Risk Solutions launches new PII offering for 2013
Indemnity Risk Solutions, an underwriting agency specialism in professional indemnity insurance for small to medium sized firms has launched its Solicitors Professional Indemnity offering for 2013.
Blink appoints Motaquote wholesale and affinity head Steele
Blink Solutions has appointed Allan Steele as South West business development manager.
Barbican hires Willis' Goddard as cyber underwriter
Barbican Group Holdings has appointed Jayne Goddard as cyber underwriter in the firm’s specialty division.
Reid pledges Bluefin commitment after taking executive chairman role
Newly appointed Bluefin executive chairman Stuart Reid is "really excited" about a new role at the broker, he told Post.
Reid named Bluefin chairman, group MD steps up to CEO
Bluefin chief executive Stuart Reid is to step up to a new role as executive chairman of the broker, replaced by group managing director Mike Bruce.
Law Society to launch professional indemnity scheme
The Law Society is in the process of establishing a professional indemnity scheme for small firms to help them steer clear of unrated insurers.
Quindell to scale down acquisitions following latest purchase
Quindell Portfolio has outlined its acquisition strategy after revealing the completion of a deal to purchase the React and Recover Medical Group.
Alec Finch steps down from Biba board
Alec Finch has left his place at the board of the British Insurance Brokers’ Association following the end of his term.
Tribunal upholds FCA ban and £150 000 fine on broker Jeffery Flanders
The Upper Tribunal has upheld the decision of the Financial Conduct Authority to ban Andrew Jeffery, director of Jeffery Flanders (Consulting), and fine him £150 000 – one of the largest fines imposed on a broker for insurance fraud.
Invicta picks up Stackhouse personal portfolio
Kent broker Invicta is set to acquire a portfolio of personal lines business from Stackhouse Poland.
Biba launches strategic review consultation
The British Insurance Brokers’ Association has launched a member consultation following it strategic review earlier this year.
Ace drops basis of contracts clause from UK policy wordings
Ace will remove the basis of contract clause from UK wordings issued under its European group stamp for new and renewed business following a wide-ranging review.
Biba and Kingsbridge offer PI scheme for freelancers
The British Insurance Brokers Association and Kingsbridge are offering professional indemnity cover for freelance professionals.
Canopius appoints Harvey to head up K Drewe Insurance Brokers
Canopius has named Roger Harvey managing director of its wholly owned subsidiary, K Drewe Insurance Brokers.
UK General launches non-standard motor scheme
UK General has launched a non-standard motor scheme through Policy Shop, its first since announcing its partnership with Gibraltar-based Enterprise Insurance in May.
Some mobile phone insurance policies are poor and unclear says FCA
The Financial Conduct Authority has published a review into mobile insurance which found evidence or poor product design, unclear terms and inadequate claims and complaints handling.
Giles creates 117 jobs in Llantrisant
Giles Insurance Brokers is set to create 117 jobs in Wales, over the next three years in a major expansion project at its Llatrisant base.
Chancellor commits to new flood defence investment
The Chancellor of the Exchequer has vowed to invest in new flood defences, despite announcing that the Department for Environment, Food and Rural Affairs will see its budget cut by 10%.
Post magazine - 27 June 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Ex-Towergate manager takes on regional role at Keelan Westall
Wholesale property insurance broker Keelan Westall has appointed Becky Hyndman as its new business development manager to spearhead expansion across the North East.
Lloyd's 2012 progress serves to boost attractiveness, claims Aon report
Record levels of market capacity and spiralling pre-tax profits last year have boosted the attractiveness of Lloyd’s market, according to an update report by Aon Benfield Analytics’ market analysis team.
Direct Line Group reveals 2000 jobs at risk as it steps up cost saving plan
Direct Line Group has announced a major redundancy programme as it attempts to improve its operational efficiency as part of the implementation of its business transformation plan.
Golf clubs face ‘worrying times’ following injury liability settlement
Niddry course avoids Supreme Court with golf injury settlement.