Broker
World wide web inventor announced as BIBA conference keynote speaker
The inventor of the world wide web Sir Tim Berners-Lee will be the closing keynote speaker at British Insurance Brokers’ Association conference this year.
Chubb announces tie-up with National Windscreens
Chubb has today confirmed the appointment of National Windscreens as the high net worth firm’s preferred supplier of vehicle glass repair and replacement services.
Capita buys PE-backed broker Fish
Capita has acquired Fish Administration from private equity firm Inflexion for a cash consideration of £21m on a cash free, debt free basis.
Brightside signs up Britannia Rescue
Brightside Group has signed up LV’s recovery arm Britannia Rescue to provide breakdown cover to the 90 000 road rescue customers within its broker division.
Financial institutions under “relentless attack” from fraudsters
Fraud in 2011 topped £3.5bn, according to KPMG’s fraud barometer, which revealed financial institutions are under “relentless attack”.
ABI director general hails finance bill as 'important milestone'
Association of British Insurers director general Otto Thoresen has described today’s publication of the Financial Services Bill as “an important milestone” in the bid to achieve twin peaks regulation.
EC data privacy proposals costly for EU businesses
Proposals for new privacy regulations for companies handling EU citizens’ data may increase demand for cyber liability solutions, according to Lockton.
Impact of the French national commitment towards the environment
As changes to environmental laws begin to impact in France Gregory Allard explains how brokers and insurers must continue to innovate to ensure adequate protection is readily available.
Brightside board claims 'record year' in progress update
Brightside bosses are preparing to announce figures for a “record year” in which the acquisitions of E-Systems and eDevelopment have helped contribute to a significant increase in reported earnings per share.
US broker acquires London-based Chesterfield
HW Kaufman Financial, parent company of wholesale broker and underwriter Burns & Wilcox is to buy London-based insurance broker and underwriter Chesterfield.
Ex-Direct Line boss to chair A&A group after PE-backed MBO
Darwin Private Equity has entered into an agreement to acquire The A&A Group and Hyperformance Limited in a management buyout.
Fraudulent insurance claims buck trend in overall rise
Reported cases of false insurance claims were down by more than 26% last year, despite general levels of fraud in 2011 rising by almost 9% on the previous year.
FSA boss promises fairer deal for consumers with new regulatory approach
Financial Services Authority managing director Martin Wheatley has outlined an “orthodoxy and regulatory” approach for the future of conduct regulation – geared towards getting a fair deal for consumers.
BMS opens in New York
Broker BMS has launched a new office in New York.
VRS Vericlaim snaps up ex-Cunningham Lindsey director Burnett
Loss adjuster VRS Vericlaim has made what is expected to be the first of several 2012 recruitment coups with the appointment of former Cunningham Lindsey regional director Michael Burnett.
CCV completes first two deals of 2012
Lyon Insurance Services in Anglesey and Crown Insurance Brokers in Birmingham have been fully acquired and both will join existing CCV businesses.
Towergate explains Allianz deal
Towergate’s CEO of commercial underwriting has explained to Post why RSA, Aviva, Ageas and NIG who were previously on the panel, have been dropped.
THB’s Murphy heralds AmWINS deal
AmWINS takeover of the THB Group has been completed with Frank Murphy, chief executive of THB Group, becoming CEO of the AmWINS international division too.
RSA confirms around 120 jobs at risk
RSA has confirmed that around 120 roles are at risk of redundancy following a review of the UK business.
Penny Black’s Insurance week
Penny was ‘tickled Ink’ when she was treated to a night out at the world-renowned Comedy Store in Leicester Square by underwriting managing director Mike Smith and a handful of his UK team.
JLT announces Nottingham hub
JLT Specialty will open a UK regional office in Nottingham in the spring.
JLT Specialty plans three further regional offices in 2012
Bosses at JLT Specialty have vowed to open at least three more regional offices this year, in a bid to strengthen relationships with corporate clients across the UK.
EC insurance unit head explores further regulation for claims activities
More than a decade after the idea of regulating loss adjusters and other claims-related service providers was first mooted, a new European Commission proposal could see the plan resurrected, Post has learnt.
Market moves: The busy world of broking
As January draws to a close, the past week has been a busy time in the world of insurance broking. Aon Benfield, Willis and Marsh all welcomed new chief executives, while Towergate, UIB and Prime Professions also made moves for new staff. However, it was…