Broker
Aon pays fines upwards of $16m following bribery charges
Aon has responded to charges that its subsidiaries bribed international government officials by agreeing to pay more than $16m (£10.1m) in fines.
Jubilee exit for former CEO Loucaides
Jubilee Group Holdings chief executive Johnny Rowell has this morning announced that Andreas Loucaides will be leaving the business with immediate effect.
Bowring Marsh opens Middle East hub
Bowring Marsh, the specialist placement division of Marsh, has opened an office in Dubai to serve the growing demand for international insurance placement in the Middle East.
Tokio Marine bolsters UK operation with double appointment
Tokio Marine Europe is preparing to grow its UK regional operation following the appointment of Leigh Meekings and Rob Skilbeck to the firm’s underwriting team.
Post Blog: Is brand the new price?
It's recently been found that brand recognition trumps price when consumers purchase via price comparison sites. What does this mean for the future of aggregators and how can insurers and brokers best build their brand among customers?
Gallaghers puts ‘marker in sand’ with Oxygen Leeds lift-out
Arthur J Gallagher International has finalised its long-speculated lift-out of Oxygen’s Leeds-based corporate risks team, in a deal it confirms will be replicated regionally to build Gallagher Health - its UK retail arm.
Towergate signs development manager
Towergate Underwriting has announced that Eileen McFadden will be heading up the newly created role of corporate partner development manager at the firm.
RK Harrison appoints Rennick for HNW
Employee-owned insurance broker RK Harrison has taken on Marcus Rennick, the former head of private clients at Marsh and HSBC, to grow its high net worth business with a particular focus on the South East.
Motor insurers challenged to ditch mainstream methods for competitive advantage
Motor insurers must challenge mainstream thinking and draw from experiences in other industries if they are to truly gain competitive advantage over their peers according to a report out today.
IUA publishes new London Market TOBA
The International Underwriting Association for insurers and brokers has published a new Terms of Business Agreement (TOBA) for use in the London Market.
Insurance certificates removed from road tax application process
Motorists will no longer be obligated to produce a certificate of insurance in order to purchase road tax amid new government plans geared towards clamping down on forged documents.
Power Place director departs
Power Place’s sales and marketing director Darren Rowe has been put on gardening leave.
Review of the year - Broking: Regulation and fees frustration
For many 2011 may be defined as the year that Kate Middleton and Prince William married. But for brokers, perhaps a far more important, but somewhat less romantic union, was that of the merger of trade bodies the British Insurance Brokers Association and…
Penny Black’s insurance week
Penny was in her element when she attended the four-year anniversary of Ecclesiastical’s art and heritage team.
Editor's comment: The winds of change
And so we end 2011 in a similar vein to December 2010, with loss adjusters doubling staff numbers, ramping up resources and putting into play their surge plans as severe weather conditions batter the UK.
Swinton contacts FSA after sacking executive board
An internal document circulated among Swinton employees has stated that the broker needs “to establish the true level of profits” at the firm in the aftermath of the sacking of its executive board.
New Giles CEO McManus vows to improve operational focus and retention
Incoming Giles chief executive Brendan McManus has vowed to use his experience of running an underwriting operation alongside a broker business to maximise distribution at his new firm.
Lord Sheikh: Iqra Ethical gearing up for new year launch
Lord Mohamed Sheikh has vowed to launch Takaful insurance business Iqra Ethical in the new year — more than two years after it was registered at Companies House.
LV GI boss O’Roarke and management team extend contract until 2016 with new deals
LV general insurance managing director John O’Roarke, is targeting an increase in SME and home insurance business having put pen to paper on a new four-year deal at the firm.
Market moves: Ageas and Axa name new MDs
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.
PSTF: New generation of females in IT would benefit insurance industry
Industry leaders were told they stand to “reap the long-term benefits” of encouraging a new generation of females to take up an interest in the IT profession. Julie Feest, customer director at E-skills UK, explained to delegates from a range of major…
Loss adjusting - Desktopping claims: Alternative methods
Loss adjusters have been criticised for desktopping claims and contributing to the deskilling of the industry but can this practice be made to work?
Fleet risk management: Risk on the roads
With government statistics showing a 7% annual increase in road accident fatalities during Spring 2011, should brokers be working harder on fleet risk management?