Broker
New regulator reveals 12-strong board
The 12 new members of the Financial Conduct Authority board have been named ahead of the new twin-peak regulatory system taking over from the Financial Services Authority on 1 April.
Bluefin names Boden as non-exec chairman
Axa-owned broker Bluefin has replaced outgoing chairman Ian Brimecome with its non-executive director George Boden.
Hyperion boss eyes further growth in Asia as GA comes aboard
Hyperion chief executive David Howden is hoping investment and expertise available at new shareholder General Atlantic will provide his firm with a springboard for further growth in emerging Asian markets.
BP Marsh eyes new investments after Hyperion sale
BP Marsh will reinvest the £29.2m obtained from the sale of 80% of its Hyperion stake in new or existing ventures.
Lesbian, gay, bisexual & transgender insurance network launched
Two hundred insurance professionals attended last night's launch of the Lesbian, Gay, Bisexual and Transgender Insurance Network known as Link.
Guy Carpenter appoints Book as head of agriculture for Asia-Pacific
Peter Book to become managing director of Guy Carpenter's agriculture practice for the Asia-Pacific region on 2 April.
Hostile ABI response to ‘inferior’ Flood Mu model sparks wider debate
The Association of British Insurers’ attempts to derail a proposal put forward by Marsh to secure a mutualised solution to flood risk have been criticised by politicians and industry insiders.
News Review: Winslow promoted in BGL reshuffle
Peter Winslow has been promoted to executive chairman of BGL Group and will be succeeded as chief executive by chief operating officer Matthew Donaldson, effective from 1 July.
View from the Top: Get behind Steve
Congratulations to Steve White on his appointment to the role of chief executive at the British Insurance Brokers Association.
View from the Top: Having a purpose
Insurers owe it to policyholders to pay up when called upon, without discussion and without delay, says Mike Hammond.
Market Moves: McPherson leaves A&A Group after 28 years, while Allianz looks to African growth
It was a relatively quiet week for the industry as appointments within the broking sector – a regular hive of recruitment – were few and far between, with the only notable activity in the sector coming in the form of the departure of veteran A&A Group…
Kidnap & Ransom: Forewarned is Forearmed
With instances of kidnapping for ransom on the rise in certain parts of the world, it’s more important than ever for firms to ensure they have adequate cover.
General Atlantic acquires close to 30% of Hyperion shares
The Hyperion Insurance Group has signed an initial agreement with General Atlantic, which will see the global growth equity firm acquire just over 30% the international broking business' shares.
Bought by Many seeks insurer partner for flood cover plan
Insurance intermediary Bought by Many has launched a home insurance proposition for areas at significant risk of flooding.
Post magazine – 28 March 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Post Blog: Anti-social media
The insurance industry has been urged to improve its use of social media but should it bow to the pressure? Ian Hughes explains.
Marsh calls for review of claims handling ahead of Laspo
A review of claims handling procedures is needed as legislatory changes coming into force next week will change liability requirements.
Paterson refuses to 'rush through' flood risk solution, as SoP expiry looms
Environment secretary Owen Paterson has claimed there is “no point rushing through” a long-term flood risk solution, despite there being just three months until the Statement of Principles expires.
Miller bolsters reinsurance and corporate teams with double hire
Miller has added further to its reinsurance team with the addition of brokers from JLT Re and Gibbs Hartley Cooper.
ABI brands Marsh's Flood Mu model 'completely unacceptable'
The Association of British Insurers has issued a damning response to Marsh’s proposal for a mutulised solution to flooding, describing the ‘Flood Mu’ model as “completely unacceptable to insurers”.
RKH eyes further M&A activity following 13-years of growth
RK Harrison has recorded a 21% increase in turnover to £92.9m for the year ended 30 June 2012, in which the firm maintained a profit margin of 25%.
GUK director Simpson joins Bollington
Bollington has appointed its non-executive director and business support director of Groupama's GUK Broking Services as chief operating officer with responsibility for finance and operations from 1 April.
Chan promoted at Nova Risk Services
Nova's CEO Patrick Chan will run the mainland operations of China in addition to Hong Kong and Macau.
Marsh appoints Kanak as senior adviser in Asia
Marsh has appointed experienced Asian veteran Don Kanak as senior adviser to the CEO's Asia-Pacific office.