Broker
Changes to client money rules pose threat to unprepared brokers
Brokers that lack the necessary tools to handle compliance changes will struggle if proposed rules governing client monies are implemented by the Financial Services Authority, according to insurance software specialist Sequel.
Amlin unveils management changes
Amlin has appointed Simon Beale to the new role of group chief underwriting officer.
Aviva's US business tipped to be on the line in turnaround stategy
Aviva could close or sell as many as 15 divisions as part of its turnaround strategy, according to reports.
Shareholders advised to take 20p per share following Cobra takeover
Directors at Cobra have this afternoon reached an agreement over the protracted takeover by the Stephen Burrows-backed Alto Intermediary Group.
Crawford team allowed access to homes following Oldham explosion
Crawford & Company's major loss team has been among the first from the industry to visit homeowners in Oldham, following an explosion which claimed the life of a two year-old boy.
Future flooding could spark rates hike as adjusters work around the clock
Claims teams called into action following extreme weather conditions across parts of the UK have vowed to continue focusing on the worst hit areas of Northern Ireland, Leicestershire and Newcastle.
RSA takes on ex-Aviva man Thomas as GSL sales director
RSA has poached former Aviva corporate risk solutions boss Owen Thomas, handing him the role of sales director in the firm’s recently reshaped global speciality lines business.
Crawford hands Devall the reins to London-fronted business in the US
Crawford & Company has appointed veteran London market executive James Devall to lead the company's London-fronted business in the US.
RSA looks to resolve 'dysfunctional motor market' following Co-op deal
RSA has sealed a bilateral agreement to settle outstanding motor recoveries with The Co-operative Insurance, in a deal which chief executive Adrian Brown said will help resolve industry issues surrounding the UK's "dysfunctional motor market".
Labour MP demands protection for 'not-at-fault' drivers
Shadow transport minister John Woodcock is calling on insurers to do more to protect motorists against premium hikes if they are involved in a crash that was not their fault.
ABI agreement ensures insurance-seeking motorists must quote licence number
The Association of British Insurers is hopeful of reducing fraud after reaching an agreement with the DVLA under which motorists must reveal their driving licence number when applying for insurance.
Cyber insurance market could ease European digital risk fears
European businesses have been warned that the traditional cover offered by the continent’s insurance providers may not comprehensively address digital risk.
HSB hires construction expert from Abu Dhabi firm
HSB Engineering Insurance has appointed Jim Whitmore to the role of loss control engineering manager for construction.
Aviva completes deal with Guidewire on commercial business
Aviva has selected Guidewire's PolicyCenter as its new underwriting and policy administration solution, and ClaimCenter for its core UK commercial business.
Giles recruitment drive continues apace as northern MD is drafted in
Giles is back on the recruitment trail following the appointment of Paula Williams as regional managing director for the north of England, as chief executive Brendan McManus continues to reshape his management team.
Chartis brand to be dumped as AIG returns to P&C market in the autumn
AIG is to resume using the brand it dropped in favour for Chartis for its international property and casualty business.
Q&A with Allianz Worldwide Care's Andrew Seale
As the expat market continues to thrive in the Middle East, Stephanie Denton spoke to Andrew Seale, regional manager for the UK, Middle East and Italy at Allianz Worldwide Care, about the challenges this transient population brings to the private medical…
Willis creates new marine division in Singapore
Broker Willis has extended its risk management consultancy operations in Asia with the formation of a marine technical services division in Singapore, and has recruited Sau Weng Tang to spearhead the expansion.
I-Smart targets 'big market share' after launching insurance offering
Claims management firm I-Smart is eyeing a "significant insurance market share" after launching an initial range of products such as gadget, home and travel insurance.
New £30m funding boost for RK Harrison
Independent insurance broker RK Harrison has secured a £30m refinancing deal with Clydesdale Bank and RBS.
Rate hardening slows in second quarter
The global insurance market hardened in Q2 2012 for the fourth consecutive quarter, albeit at a slow rate, according to Marsh.
Management merry-go-round at Catlin Canada
The Catlin Group has appointed David Huebel as chief executive of the firm's Canadian operation, replacing Mike Hansen who will continue as the aerospace product group's global leader.
Market moves: Brokers lead the recruitment charge
Another action-packed week in terms of recruitment saw the vast majority of movers and shakers switch roles in the broking market.
Travelers makes redundancies in Surrey as work is transferred to regional offices
Travelers has confirmed it is making redundancies in its Surrey headquarters as part of a restructure that aims to push greater underwriting authority out to its UK regional network and closer to its broking partners.