Broker
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.
Guest blog: Offer to sell?
I recently had an interesting debate with a seasoned insurance practitioner, the chief executive officer of an insurance company in the Middle East and Africa region.
Broker Assistance forced into administration
The Credit Hire division of Broker Assistance has been forced into administration by government owned Lloyds TSB.
Hastings posts 150% EBITDA surge
Hastings Insurance Group has increased its combined EBITDA from £11m to £27m for the 2010/2011 financial year.
Hodges makes first mark on Towergate with Barr and Rea moves
Towergate’s new group chief executive Mark Hodges has made his first mark on the business he took over at the start of September.
Biba announces 2012 theme
The British Insurance Brokers’ Association has announced that ‘Shaping our Futures’ will be the theme for its 2012 conference and exhibition to be held at Manchester Central on 16 and 17 May 2012.
Penny Black’s insurance week
A competition organised by the smart suit people Cad and the Dandy for the best-dressed banker caught Penny’s eye this week, with the judges for the award including the sartorial pugilist Chris Eubank.
Your say - CILA: licensed for nil?
Your article ‘Loss adjusters criticised by brokers for cost-cutting measures’ was a cause for mirth and merriment here at Foster Orr & Greenaway HQ but it does raise interesting and important issues about the way in which insurance claims are currently…
Interview - Ann Haugh: Making the right decisions
UK CEO of Zurich Global Corporate Ann Haugh has never been averse to taking risks and reveals her determination to grow the business is as strong as it is strategic.
Ecclesiastical shakes up property owners market with Crown Estate win
Property owners’ insurance brokers are benefiting from heightened competition between business-hungry insurers, with the entry of Ecclesiastical in May and the former Axa team starting to write business for Mistui Sumitomo at Lloyd’s this week.
FSCS funding review ro recommence as brokers push for separation
Brokers could secure separation from insurers and bankers as early as April 2013, with the British Insurance Brokers’ Association focusing its efforts on the reopened Financial Services Compensation Scheme funding review.
Lloyd's & London market - Compliance burden: The cost of compliance
With the UK the most costly European country for regulation, could UK-domiciled Lloyd’s and London market brokers really become an endangered species?
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
In series - Lloyd's & London market: Power to the people
With employees rightly recognised as crucial to company success, Lloyd’s and London market players are gearing up their efforts to attract and retain top talent.
Arab Spring: A little bit of politics
The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?
Post magazine – 13 October
This week the Post team reports on news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as sources suggest the sector is witnessing business-hungry…
Reputation protection cover for hotels
Willis, in conjunction with Kiln, has launched Hotel Reputation Protection 2.0, a policy aimed at limiting the financial fall out from negative PR.
Ecclesiastical shakes up property owners market with Crown Estate win - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as…
Deacon names two in marketing drive
Deacon has appointed David Hitchins to the new role of marketing manager and Adrian Potter as new business sales manager.
Willis strengthens property investment team
Willis Group company Willis Limited has appointed two associates to its property investors division.
Lockton appoints business development exec
Insurance broker Lockton has named Mark Amos as a business development executive for its Edinburgh professions team.