Broker
Ageas buys Groupama for £116m
Ageas UK has acquired Groupama Insurance Company for £116m in a deal that it has claimed propels it to the UK’s 4th private motor insurer with an 11.7% share of the market.
Itochu partners with Honda to offer motorcycle cover in Vietnam
Siam Cosmos Services is to offer insurance services to Honda Vietnam motorcycle owners through wholly owned insurance agent Cosmos Services (Vietnam).
Howorth to replace Merritt as CEO of JLT Asia
Jardine Lloyd Thompson Group has appointed Duncan Howorth as chief executive of JLT Asia with effect from 1 January 2013.
Willis opens new office in Malta
Global broker Willis Group has opened a new office in Malta to serve its growing captive and commercial insurance clients in the region.
Woodstock acquires Clear Insurance personal lines book
Endsleigh-owned broker Woodstock Insurance has purchased Clear Insurance Management's personal lines book of business.
Periodical payment orders: Struggling with settlements
Periodical payment orders are being used to settle increasing numbers of serious personal injury claims, and their popularity is likely to continue. How can insurers cope with the challenges they present?
View from the top: Winning the war on fraud?
Despite notable successes, fraudsters continue to find new ways to pick insurers' pockets, says Laurent Matras.
Your say: Race to the bottom
Merlin's slide into administration raises a number of issues that our industry must address, says Martin Carway.
View from the top: Maintaining momentum
After the success of the Olympic and Paralympic Games, the industry must capture the spirit of change, says Toby Esser.
EC3 Brokers outlines plan to crack 'highly profitable' US casualty market
Giles' new reinsurance division, EC3 Brokers, has outlined its intention to focus on US casualty business, and claims to have signed up nine clients after launching just last week.
Market moves: Davies and Questgates recruit former Merlin employees
The week again belonged to the loss adjusting fraternity, as the fight to recruit staff left displaced by the demise of Merlin continued with Davies and Questgates both welcoming fresh faces.
Swinton acquires Greys Insurance
Swinton has snapped up Lancashire-based broker Greys Insurance as part of a strategy to expand the reach of its commercial division.
Biba boss calls for FCA to target non-GI intermediaries
The British Insurance Brokers' Association has called for the incoming Financial Conduct Authority to target non-insurance intermediaries, not the industry's brokers, in order stamp out mis-selling scandals and protect customers.
Post magazine - 20 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Cunningham Lindsey and Direct Group CEOs seek to finalise PE sales
Two former GAB Robins executives are close to finalising deals that would see the total or partial exit of two private equity houses from their current businesses.
Insurance Fraud Register to be accessible to life and Lloyd's markets
The Insurance Fraud Register is to be rolled out to the life insurance and Lloyd's markets once it is fully operational in the UK general insurance sector.
Alternative Business Structures: a blueprint for change?
Despite the possibilities presented by Alternative Business Structures, there has been only a muted response from the insurance industry thus far.
Interview: Andrew Miller - in the driving seat
As research director at Thatcham, Andrew Miller has an eye on the vehicles of the future. From autonomous emergency braking systems to driverless cars, he tells Post how new motoring technology can benefit insurers.
Aviva backs Allan & Thomas risk management offering
Dorset-based broker Alan & Thomas Insurance Group is to offer commercial clients free access to a range of risk management tools and services after teaming up with Aviva Risk Management Solutions.
Ace aquires Indonesian broker
Ace Group has acquired an 80% stake in PT Asuransi Jaya Proteksi.
RSA chooses Plus One for landlord cover
RSA has appointed service provider Plus One Services, part of Hood Group, to help deliver a residential landlords product.
MDS and Towers Watson JV to serve Portuguese clients
Professional services firm Towers Watson and Broker MDS have joined forces to establish a benefits brokerage consulting service in Portugal.
Weatherbys and Hamilton unveil specialist broker
Banking group Weatherbys has joined forces with insurance entrepreneur Charles Hamilton to launch high net worth intermediary Weatherbys Hamilton.
Europe eyes up captive insurance
Organisations in central and eastern Europe and additional emerging markets are keen to take advantage of risk management and risk financing solutions such as captive insurance companies, according to Aon.