Broker
APC brings in Wesson for broker push
Commercial insurance underwriting agency APC has hired Towergate’s Nicholas Wesson as a business development manager to support its expanding panel of brokers in the north of England and Scotland.
Zurich opens compliance database to the broker market
Zurich has confirmed it is to open its compliance and premium taxation database tool to the broker market.
Penny Black’s insurance week
Penny was not at the Conservative Party conference this week but couldn’t help but notice her chums at Lloyd’s broker Windsor, which does a bit of business with the Tories, had pulled a blinder on the publicity front.
Editor's comment: Quotas quickly quashed
Having responded to Business Secretary Vince Cable’s call to take the lead in addressing the gender imbalance on company boards, the insurance industry has resoundingly rejected the notion of quotas as a mechanism to tackle this persistent problem.
Market moves: Insurers lead the recruitment charge
With the final quarter of the year kicking off this week insurers were the most active recruiters with a raft of hires and promotions. XL Insurance added three new members of staff to its burgeoning team in Europe, while a number of other players seized…
Axa wins multi-year commercial deal from Aviva
Axa Commercial Lines has taken a strategic step towards its £1.2bn GWP target by winning a three-year deal from Aviva, the incumbent insurer of 25 years, for commercial property owners, Bruntwood.
Axa Assistance eyes £40m target with launch of Rok replacement service
Axa Assistance has launched its own home emergency service, spurred on by the demise of Rok Insurance Services, in a bid to gain greater control over customer service.
Staddon resurfaces at motorcycle specialist Devitt
Former British Insurance Brokers’ Association boss Peter Staddon has vowed to make Devitt “a force to be reckoned with” after joining as personal lines executive director.
Straw to meet broker groups to discuss referral fees issue
Brokerbility has secured a meeting with Labour MP for Blackburn Jack Straw, pictured, next month in a bid to give him an industry perspective on referral fees.
BIS 2011: Industry must up government lobbying or risk unsustainable losses
Stronger engagement with national governments is essential to overcome the current insufficient focus on natural disaster mitigation and to push through long-term reforms that will help reduce total event cost.
Event insurance: Dancing in the street
Next year could be huge for the events industry, with the Diamond Jubilee and the London Olympics taking place. With a host of celebrations occurring, can the events insurance sector capitalise?
BIS 2011: Warning over reliability of public information
“It is a danger to rely on publicly available information” the insurance industry has been warned.
BIS 2011: Indebted firms face refinancing battle
Brokers could be facing a “refinancing battle” over the coming years, according to an insurance banking expert who has issued a stark warning to heavily indebted businesses.
Expert analysis - aggregators: Mixing things up
Softening motor rates, more movement between best-price brands and augmented ancillary income emerge as aggregator themes
Interview - Simon Burley: Adjusting the image
Simon Burley, the new president of the CILA, promises to transform the image of the claims industry and improve the reputation of loss adjusters in the UK.
In series - Lloyd's & London Market: Social strengths
The CII’s London market faculty New Generation Group is downbeat about Lloyd’s adoption of social media. Post spoke to its members to find out why.
In series - Lloyd's & London Market: Technological challenges
After a slow start, Lloyd’s and the London market are embracing technological developments to drive down cost, time and errors. But is its embrace of new mediums firm and fast enough?
Post Magazine - 06 October 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Ferma 2011: Sophisticated risk managers aware of insurance market issues
Modern risk managers are more sophisticated in their needs and are well aware of insurance market problems according to senior vice president at Chubb.
BGL profits up to £72m
BGL Group has reported a pre-tax profits of £72m, which is a year on year growth of 16 per cent for its financial results for the year July 2010 to June 2011.
Ferma 2011: Risk consultancy Herco aims to open in Spain by Q2 2012
MDS owned risk consultancy Herco is expanding into Spain in 2012.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
Swinton to join the IFB
Swinton has agreed to become an affiliate to the Insurance Fraud Bureau.