Broker
Postscript: My best 11 Neill Johnstone, Lorega
Lorega’s group managing director Neill Johnstone calls upon his years of claims management experience to pick his Best XI, selecting from the blue half of West London and the insurance claims sector — with a surprise appearance from a boxing legend.
Comment: Delivering definitive data
The ability to know precisely where property risks are located and what risks surround those locations are vital elements of successful and accurate underwriting and pricing. To know that such data is regularly updated and maintained – and meets ISO…
Marketing: The power of advertising
Effective marketing can be a tough challenge for financial services providers and having a strong presence is not enough, it must also resonate with customers.
Post magazine – 3 November 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
"Leaner and meaner" Oval to focus on wiping debt
Oval is aiming to wipe its net debt by 2014 but it is not ruling out making new hires and “selective acquisitions” in the meantime.
PI to be compulsory for professional body members in Italy
Professional indemnity insurance is to be made compulsory for all members of recognised professional bodies in Italy following new legislation.
Marsh insurance unit increases profit by 24%
Marsh & McLennan Companies’ today announced its risk and insurance services unit made an operating profit of $925m for the first nine months of 2010 – an increase of 24% on the previous year.
Building referral fee costs hit industry for ‘tens of millions of pounds’ – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including claims that referral fee costs that have escalated over the last two years to the point where they are now costing the industry tens of millions of pounds a…
Howden Broking launches energy division
Howden Broking today unveiled the launch of its energy division with the news that sector specialist Alan Brooks will be heading up the new department.
Open GI becomes payment service provider in ROI
Open GI has become a payment service provider in the Republic of Ireland with its new service, Credit Line Plus.
FSA and OFT publish draft guidance on PPI
The Financial Services Authority and the Office of Fair Trading have joined forces to help prevent the problems associated with payment protection insurance recurring in a new generation of products.
Marsh promotes head of international from within
Marsh has recruited the new head of its international division from within its ranks.
Parametrics simplify public entities insurance in nat-cat areas
Parametric trigger insurance is making it simpler to insure public entities in natural-catastrophe prone countries, says Cooper Gay’s Steve Jackson.
Esure launches two new broking brands
Esure will launch two new broking brands this month, as company bosses prepare to use a panel of external insurers to extend the firm’s reach within the car insurance market.
Talking head: Jack Straw
Former Justice Secretary Jack Straw has certainly made a name for himself this year with his crusade to outlaw referral fees.
Cooper Gay supports parametric cover
Cooper Gay’s Latin America CEO Steve Jackson has said catastrophe insurance could be simplified in developing countries by using parametric insurance – paying out on pre-agreed triggers rather the assessing damage. ther the assessing damage.
Biba and IIB reach merger agreement
The leaders of the British Insurance Brokers’ Association and the Institute of Insurance Brokers have announced a “momentous” merger agreement in a bid to produce a combined stance on future regulatory changes.
County Insurance launches community broker survival business
Bosses at County Insurance NW have today launched a business continuity solution for brokers, after claiming that around 65% of the market will be planning the sale of their business within the next 5 years.
AAIB recruits reinsurance manager
Anglo-Arab Insurance Brokers, the specialist insurer for emerging and high risk countries across the Middle East and Africa, has appointed Mekki Mustafa as its senior consultant in Iraq.
Brokers Link growth takes it to $14bn
José Fonseca, chairman of Brokers Link, has told delegates at the Broker Network conference that new joiners in Israel, Indonesia, South Korea and the Caribbean had increased members’ managed premium to more than $14bn.
Brokers Link premium breaks $14bn with eight new members
Independent broker network Brokers Link has increased its members’ managed premium volumes to over $14bn with new representation in Israel, Indonesia, South Korea and Caribbean.
Invicta completes Fountain buyout
Invicta Insurance Services will tomorrow (Tuesday 1 November) complete its latest acquisition, the household and property owners’ portfolios of Dorset broker Fountain Insurance & Investment Services.
Aon reports 38% jump in profits for third quarter
Aon net revenue increased 38% to $198m (£122.8m) for the quarter ended 31 September 2011, compared to $144m for the previous year.