Broker
US Risk plans Dubai launch
US Risk is seeking to establish broking operations in Dubai.
Outgoing Besso chairman Wade sells stake
Chairman Michael Wade has sold his stake in Besso to a consortium of investors, including BP Marsh.
Admiral slows rate of growth as Q3 turnover takes a slight dip
Admiral released its interim management statement this morning covering the past four months in which third-quarter figures showed a 5% reduction in UK car insurance turnover.
Quindell outlines growth potential with share placing agreement and key hire
Quindell has entered into a placement agreement with Cenkos Securities in a bid to support the firm's "aggressive" growth strategy.
Smaller brokers get niche to tackle emerging Asian markets
Small brokers in South East Asia are turning to specialist insurance products that are considered too niche to be of interest to their larger counterparts as Nicky Burridge reports.
UIB launches special risks business
Reinsurance broker UIB has launched a special risks division headed up by recent hires Charles O'Sullivan as managing director and Karen Shelley as operations director.
BGL relaunches French comparison site with ferrets
The BGL Group has revealed the new identity of its price comparison business in France as Lesfurets.com or 'The ferrets'.
Premium Credit sold to private equity house
Private equity firm GTCR has acquired Premium Credit from Bank of America affiliate MBNA Europe in a deal worth £900m.
Racing drivers and footballers head up top premium paying professions
Racing drivers are in pole position in terms of professions that pay the most for car insurance, according to research carried out by Money Supermarket.
US firms hit by Sandy could face claims battle
Business losses triggered by superstorm Sandy are expected to be exacerbated by the fact that few firms have policies to cover loss of income when their operations are disrupted by a supplier’s poor fortune.
Top 25 EC3 Brokers Spotlight
A run-down of the top 25 City brokers.
Penny Black's Insurance Week
Penny has been pleased to discover that, as well as using social media for professional purposes, insurers and brokers have also been taking to the web to unashamedly share their secret passions.
Market moves: Ace and Hiscox lead the recruitment drive
Ace and Hiscox were the most active in the recruitment space this week, making three changes apiece.
Brokers rate clarity of contacts crucial amid continued insurer restructures
Axa has retained the top spot in a broker survey of insurer performances in dealing with claims, underwriting and accounts.
Insurance chief urges HMRC to open up records to boost EL tracing hit rate
The Employers' Liability Tracing Office is demanding that the government supports its call for HM Revenue & Customs to assist in boosting the number of successful historic policy traces by providing employer reference numbers.
Gallagher sees Q3 income climb 14%
Arthur J Gallagher has reported a 14% rise in adjusted total revenues to $479m for the three months ending 30 September.
Linuo Power in solar warranty deal with Aon's China JV
International photovoltaic firm Linuo Power has launched warranty cover for solar modules supplied by Aon-Cofco, a joint venture between broker Aon and state-owned Chinese conglomerate Cofco Group.
Top 25 EC3 brokers: London leads the way
The performance of the top 25 EC3 brokers illustrates a thriving market that is receiving growing interest from every corner of the globe.
Post magazine - 1 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Aviva and Gallagher strengthen ties
A new commercial arrangement between Aviva and Gallagher Heath for standard and non-standard household products is expected to generate more than £200m in gross written premium over a three-year period.
Howden recruits claims head for international casualty
Howden Insurance Brokers is pleased to announce the appointment of Martin Owens as claims director for its financial institutions and international casualty divisions.
Aviva engineering team joins Fusion
A team of senior engineering underwriters and development professionals has left Aviva to join Towergate-owned Fusion Insurance Services.
Xuber targets bigger US market share following latest appointment
Xchanging's re-launched insurance software business Xuber has appointed Michael Kulp as vice president of sales, where he will join the recently expanded US sales team amid plans to increase the firm's share of the American market.
Howden poaches Paragon International claims director Owens
Howden Insurance Brokers has appointed former Paragon International claims director Martin Owens as claims director for the firm's financial institutions and international casualty divisions.