Broker
Giles inks BlockInsure placement deals
Independent broker Giles has signed a deal with residential property insurer Blockinsure that will see the pair work together on providing specialist cover.
M&A activity continues at Towergate with four more deals
Towergate has brought its 2012 acquisitions total up to 23 following the purchases of non-life business Newstead Insurances Brokers and general insurance broker Grenville Westinsure.
Bluefin adds five to broker network
Five new brokers have joined Bluefin’ broker network Broker Partnership Services.
GLP unveils legal expenses product for marine market
General Legal Protection has launched an innovative legal expenses and assistance product for the marine market after working closely with boat insurance specialist Bishop Skinner Marine.
AIA boss Wilson tipped to take Aviva CEO job
The former chief executive of Asian life insurer AIA is the favourite to take the up the chief executive position at Aviva, according to the Financial Times.
Ex-Brit underwriter takes on property role at Argo International
Argo International has appointed former Brit Insurance underwriter Neil Russell as class underwriter for property.
Charles Taylor cements solid profits in bid to drive down group debt
International professional services provider Charles Taylor released an interim management statement this morning, reaffirming a commitment to implement its run-off strategy by acquiring offshore life insurers in run-off.
Lack of cyber liability cover may lead to fines for libellous Twitter users
Individuals without cyber liability cover who use social media such as Twitter to make baseless defamatory statements could end up being hit in the pocket.
Vela MD among redundancies
The managing director of Oval-owned underwriting agency Vela is among seven staff to lose their jobs as part of a plan to "simplify" the operation and secure its future.
LV Broker teams up with specialist home insurance provider
LV Broker has launched its ABC home insurance product on Insure 4 Retirement.
MoJ reforms spark Questgates mediation pilot with Validus
Questgates has launched a pilot scheme with Validus of their Go2 Mediation service developed to provide an online liability mediation service, ahead of the incoming Ministry of Justice reforms.
US firm invests in Health Claims Bureau
Healthcare and risk management specialist Health Claims Bureau has signed an investment deal with US specialist Professional Disability Associates.
Solvency II can be good for captives, Aon says
The Solvency II regulatory framework presents challenges for parent organisations and their captives structures, but it can also bring benefits, according to Markus Mende, Aon Risk Consulting's group managing director.
Willis Group moves to one IT platform
Willis Re has moved 500 of its international employees onto one single software platform for the first time.
Willis implements Sequel software in UK and India
Willis Re, the reinsurance arm of global broker Willis, has implemented Sequel’s Eclipse broking software.
Can Germany's local brokers serve global firms?
After calls for the German insurance market to open up to the international market, Francesca Nyman asks whether it could really support new business from this quarter.
Biba broaches independence issue with Scottish brokers
The British Insurance Brokers' Association is talking to its members about how Scotland's insurance sector would be affected if Scottish voters choose independence in 2014.
Autonet to implement Experian credit check software
Van insurance broker Autonet is in the closing stages of finalising a deal with Experian to introduce a new credit check software to aid premium pricing and an instalment payment plan for their customers.
Aspen swoops for Fusion marine underwriter
Aspen Risk Management has appointed Paul Singh as marine underwriting manager.
Credit card insurer CPP rocked by record FSA fine for mis-selling scandal
Credit card insurer Card Protection Plan has been slapped with a £10.5m fine by the Financial Services Authority for the mis-selling of insurance products.
Zurich UK results dented by 'exceptionally large' commercial claim
Zurich UK general insurance chief executive Steve Lewis has blamed adverse weather conditions for a £15m slump in business operating profit, compared to the nine month stage last year.
Penny Black's Insurance Week
Hollywood and the insurance industry crossed swords again this week with none other than A-list actor Tom Hanks caught squarely in the middle.
Schemes: Overcoming the obstacles
Brokers are often critical of the way insurers handle schemes, so how can these problems be solved?
Aggregators audit software providers after hackers exploit SSP vulnerability
Insurance software houses have warned that hackers are becoming increasingly sophisticated in breaking through security systems, forcing businesses to engage in a "never-ending fight" to stay ahead.