Broker
FSCS consultation: Burdening brokers
Proposed changes to the Financial Services Compensation Scheme could see brokers contributing more than ever, but are they still paying for the mistakes of others?
Post magazine - 6 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Barbon MD joins Giles
Barbon has lost group managing director Nick Sharp, pictured, to Giles Insurance Brokers where he has joined as executive director.
FSJ nabs another Cobra director
FSJ Broking has appointed Cobra Broking's former strategic account manager Ray Heap as development director.
Marsh moves in with Mercer in 'iconic' Glasgow building
Marsh has reloctated its Glasgow operations to HFD Group's G1 office building on George Square.
Regulator to review "rotten" incentive schemes
Financial Services Authority managing director Martin Wheatley has laid out plans to stamp out mis-selling created by sales incentives that result in customers being sold products they do not need or cannot use.
Keelan Westall boosts underwriting team with new starters
Wholesale property insurance broker Keelan Westall has set out to strengthen its technical expertise with a series of key appointments within its underwriting agency.
Houghton joins JM Glendinning
Nick Houghton, who stepped down as managing director of Broker Network last week, has joined Broker Network member JM Glendinning as MD.
Zurich personal lines MD resigns
Zurich personal lines managing director Karl Bedlow, pictured, has resigned from the firm with immediate effect.
Elite targets £3m premium with solicitors' PI proposition
Legal expenses provider and general insurer Elite Insurance has extended its specialist portfolio of services for the legal sector by launching professional indemnity insurance for solicitors.
Reinsurer capital tops $480bn, says Aon Benfield
The broker estimates that total capital for the global reinsurance industry reached record levels at the end of June 2012.
Quindell to support substantial growth with further outsourcing deals
Quindell chief executive Rob Terry is targeting bottom line growth of up to 25% over each of the next five years, after his firm increased revenue from £1.8m last year to £45.6m in the first half of 2012.
Webinar - 6 September, 3:00pm: Analysing emerging fraud trends
As legislation and industry initiatives make conventional types of fraudulent claims more detectable, insurance fraud is constantly taking new forms.
New regulator to outlaw commission sales
Commission-based sales of financial products will be outlawed by the Financial Conduct Authority when it comes into force next spring.
Kiln brings in property underwriter to support Europe focus
Kiln has recruited a new property underwriter in Frankfurt to write a range of property and facultative risks across Europe.
Autonet joins The Insurers' car insurance panel
Autonet Insurance has joined the car insurance panel with UK comparison site The Insurers, adding to its existing presence on the van and bike panel with the aggregator.
Miller non-exec joins Direct Line Group board
Clare Thompson, a non-executive director on Miller's partnership board, is to join Direct Line Group's board in a similar role.
Giles Insurance boosts Falkirk branch with new hires
Ian Smith has joined the broker as branch director, while two development executives have also been recruited.
Ten Insurance completes Aylesbury relocation
The broker network has expanded its headquarters by relocating from Princes Risborough to a new Buckinghamshire base.
ABI to contest legal decision to bring forward 10% damages rise
The Association of British Insurers has requested a review of the Court of Appeal's decision to bring forward a rise in damages by 10% from April next year.
EU and Asian insurers holding out on Chinese D&O cover
Fears of claims following low-price buy outs on the NYSE are making insurers think twice about offering D&O cover to listed Chinese companies.
Liberty Mutual names Manchester broker manager
Liberty Mutual’s commercial lines division has appointed Richard Chapman, pictured, to broker account manager for its Manchester operation.
Towergate confirms departure of Broker Network MD Houghton
Towergate has this morning confirmed Broker Network and Countrywide managing director Nick Houghton has resigned after revealing his intention to run an independent broking business.
Questgates snaps up third Merlin adjuster ahead of Scottish market push
Questgates has underlined its Scottish presence by opening an office in Livingston and recruiting former Merlin adjuster Ashley Clancy to bolster its team north of the border.