Broker
Penny Black’s insurance week
Globetrotting Penny was expecting to see many things on her recent holiday to Berlin — the Reichstag; the Brandenburg Gate and the Holocaust Memorial Museum — but what she was not expecting was a rather fancy-looking Allianz building right in the middle…
Your say: Work flow enhancements
I write in response to the article on WNS Assistance’s property service launch and just wanted to clarify the new technology invested in to deliver an innovative claims service for the insurer and broker market.
BP Marsh boss has ‘multi-million pound war chest’
Brian Marsh of venture capital firm BP Marsh has told Post he has a multi-million pound war chest to buy 20% to 40% stakes in internationally trading brokers.
Ask the Expert
I’m starting to hear mutterings that a higher proportion of my staff than usual could be considering a move elsewhere. We’ve always had a great retention policy so this surprises me. Is this being witnessed by the industry as a whole?
Market moves - 20 October 2011
This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.
My best 11 Paul Muir, One Answer Network
One Answer Network managing director, and possible Crystal Palace fan, Paul Muir selects this week’s Best XI for a potential insurance start-up firm. Muir has chosen a blend of underwriters and brokers as well as football icon David Beckham to skipper…
Claims event: Record unemployment could boost interest in industry
The UK’s record level of unemployment could provide a recruitment opportunity for the insurance claims sector, Aviva technical claims manager Tim Andrews suggested.
View from the top: Diversity dilemma
Better gender diversity will boost the industry's understanding of cultural, social and economic issues, says Nicolas Aubert, managing director, Chartis Insurance UK.
Broker report reveals Aviva, Chartis and RSA drop in underwriting service
Insurers must do more to boost satisfaction among brokers, according to a Brokerbility survey that suggested Axa is currently the only firm performing above the 80% approval benchmark.
Cyber liability: Getting hacked off
Back in 1983, when Hollywood produced a film about a young boy inadvertently hacking into military systems, the possibility of such an occurrence seemed the stuff of fantasy and doom-mongers.
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?
In series - Lloyd's & London Market: An eye on the future
Lloyd’s and the London market has a fantastic reputation and its inherent creativity and principle of continuous self-improvement should be feared by its competitors.
Post magazine – 20 October 2011
This week the Post team reports on the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Hogarth’s Imperial exit sparked by ‘difference of opinion’ - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Willis teams with science academy on event management
Global insurance broker Willis and the leaders of the US National Academy of Sciences have pledged to continue to explore activities aimed at increasing the physical and financial resilience of populations to extreme events.
Deacon offers managing agents PI cover
Blocks of flats insurance broker Deacon has developed a professional indemnity insurance products for managing agents.
Towergate Broking MD resigns
Towergate has confirmed that David Partington has resigned from the broking division.
ABI warns over government planning reforms
The Association of British Insurers has warned that government plans to reform the planning process must not lead to unwise developments being built in flood risk areas making flood insurance more expensive or even unobtainable.
BP Marsh reaps investment profits
Insurance industry venture capital firm BP Marsh announced a near 70% rise in pre-tax profit to £2.3m (2010: £1.4m) and said its net asset value (NAV) had grown 8.1% during the year.
Towergate appoints independent non-executive director
Subject to Financial Services Authority approval, Towergate Insurance has announced the appointment of James Strachan to its board as an independent non-executive director, and chairman of the group risk and compliance committee.
Five join medical intermediaries’ group
The Association of Medical Insurance Intermediaries has welcomed five new companies taking membership to “well over 100 intermediary firms”.
No justification for FSA compensation
Professional indemnity insurance broker PI Expert has warned that the Financial Services Authority’s demands for more power to issue compensation awards could be a cash cow for the regulator.
Home & Legacy in broker push
High net worth underwriting agency Home & Legacy has announced ambitious expansion plans on the back of slicker technology and a six-month 2.5% boost in commission paid to brokers.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on how European insurers will be affected by US Asbestos, Pollution and Health Liabilities when Solvency II is implemented; and a guest blog on brokers putting business out to auction.