Broker
People moves - 1 September 2011
A round-up of people moves and new appointments in the industry, as featured in the 1 September 2011 edition of Post.
View from the top: An endangered species?
UK-domiciled Lloyd’s brokers are under significant pressure. It’s always been a tough market, but the increased use of broker requests for proposals and unsolved inefficiencies are squeezing the London community further.
Takaful insurance: A future full of potential
Despite the failure of the first domestic Shariah compliant insurer, the Takaful market is predicted to have a great future. Sam Barrett looks at its potential for growth.
Broking - travel: Tailored travel
Brokers are struggling to keep pace in the travel insurance market, as aggregators take an ever-increasing share of the sector. Callum Brodie investigates the future of intermediaries in this highly competitive arena.
Marsh buys Alexander Forbes broker business
Marsh of Marsh & McLennan companies has acquired the brokerage business of Alexander Forbes.
Post Magazine - 1 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
All conditions satisfied for Giles' CBG bid
All conditions for the £5.1m offer from Giles for fellow broker CBG have now been satisfied.
Howden opens for business in Bermuda
Howden Broking Group, part of international insurance and reinsurance distribution group Hyperion, has opened a new wholesale and retail operation in Bermuda’s capital, Hamilton.
Audience with Zurich: Techmedia sector in the spotlight
Zurich Insurance today launched independent research which found that more than half of Britain’s mid-size technology companies feel at risk from losing skilled employees, with the figure rising to 70% amongst companies with a £25-£100m annual turnover.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on harmonising European compensation systems; and an article on the opportunities for brokers in the international PMI market.
International PMI: the brokers opportunity.
Many brokers fear branching out into unknown lines but Tim Mutton argues there is an excellent untapped opportunity for many European brokers in the international PMI market.
Half of UK’s brokers managing schemes
Schemes specialist insurer MMA has today revealed a new study that suggests a significant uptake in the number of brokers undertaking schemes work.
Willis develops nuclear exclusion risk cover
Willis Group Holdings has developed insurance to cover business interruption costs for companies with key locations, suppliers or customers situated in the vicinity of a nuclear power station.
Willis develops interruption cover in wake of recent disasters
Willis has responded to the devastating impact of the earthquake and tsunami that struck Japan in March by developing an insurance product to cover business interruption costs for companies in catastrophe hotspots.
Grant Ellis joins Prince's Trust Insurance Leadership Group
Broker Network and Countrywide Insurance Marketing chairman Grant Ellis is to join the committee of The Prince’s Trust Insurance Leadership Group.
Ambitious broking firm opens offices in London and Cambridgeshire
Managerial appointments have been made across the board following the opening of new offices in London and Cambridgeshire by the Norfolk-based Alan Boswell Group.
Willis targets Polish construction market with broker buy
Willis has bought Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe (AMA) to grow in the Polish employee benefits and construction sectors.
Willis strenthens Polish presence with construction acquisition
Willis Europe BV, a division of Willis Group Holdings has acquired 100% of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe Sp. Zoo.
Brunel launches wholesale PI
Professional indemnity insurance broker Brunel Professional Risks has launched a wholesale PI insurance broking service to give brokers to access a wide PI market.
Editor’s comment: A heavy downpour
It never rains but it pours. Cliche that may be but it’s one that works on multiple levels across the insurance industry this week.
Campton targets motorcaravans
Campton Insurance Brokers is aiming to become one of the largest motorcaravan brokers in the UK, after partnering with software provider Wanna Insure in a bid to “dramatically grow” its policy book.
Penny Black’s insurance week
Any company that has ever rebranded will know the path is a perilous one.
Post history – Five years ago: Brokers vie for Olympic partner deal
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.