Broker
Swiss Re denies Quinn links as regulators probe claims – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories.
Airlines enjoying "calm before the storm" according to Willis report
A low level of airline industry losses recorded in the first half of 2011 could be the “calm before the storm”, according to Willis’ aerospace division.
Aon claims the aviation market remains stable, with premiums up 1%
Aon Risk Services has reported that average lead hull and liability prices in the airline insurance market have been relatively stable so far in 2011, held in check by the low level of losses and abundant market capacity.
Towergate Scotland appoints MD
Towergate Insurance in Scotland has appointed Gordon Crosbie as managing director of its Perth and Stirling businesses.
RFIB recruits new international boss from Price Forbes
RFIB Group, the Lloyd’s insurance and reinsurance broker, has recruited Andrew Hutchings as divisional director in RFIB International.
Aon makes senior European appointments
Aon Risk Solutions has made three senior-level appointments for Aon GRIP Solutions in Europe, the Middle East and Africa.
Bollington expands Compuquote facility with exclusive Aviva tie-up
Bollington Underwriting has secured an agreement with Aviva to re-launch its exclusive self-drive hire facility.
2011 Fraud Awards Shortlist is announced
The shortlist for the 2011 Fraud Awards has now been revealed. This event, now in its 3rd year, recognises and rewards excellence across the market. The celebrations will take place on Wednesday 5 October.
Post Europe relaunches with dedicated site as Insurance Insight
Post’s European coverage has launched with its own dedicated website, Insurance Insight, which aims to be a one-stop-shop for European insurance news.
Risk management: the issue of local v global
Companies are increasingly becoming global but as Tracey Clayton argues this does not always mean that having a global insurance programme forced on them is the best option.
BMS to become employee owned
Specialist insurance broker BMS Group is buy out its only external shareholder, AHJ Holdings, after reporting annual revenues up 7% to £50m.
Excess policy launched for brokers
Adding1 has launched a policy that allows insureds to reclaim their policy excess charges on the Acturis broker platform.
NFU Mutual subsidiary acquires Channel Island broker
NFU Mutual bosses have confirmed that one of its subsidiary companies – Island Insurance – has acquired Reed Insurance Associates in the Channel Islands.
Willis fined record £6.9m for FSA handbook breaches
UK insurance broker Willis, a subsidiary of Willis group holdings, has reached a settlement with the Financial Services Authority for breaches of the FSA Handbook.
JLT warns pharma firms of non-damage risks
Broker JLT claims regulatory fears, intellectual property risks and counterfeiting are driving demand for its EPIC non-damage business interruption product developed for the life science and pharmaceuticals market
Axa may create more management roles
Axa has not ruled out creating more senior management roles within its commercial lines division after appointing former Towergate director Max Curruthers to the new role of chief operating officer.
Sport - Rugby World Cup: Shaken but not stirred
Robert Barron and Michael Owen look at the impact of the Christchurch earthquake on this year's Rugby World Cup and the lessons for contingency specialists involved in other major sporting events.
Sport - Olympics: The Olympic challenge
With only 12 months to go until the opening ceremony, Rachel Gordon attempts to break through the veil of secrecy and assess the insurance industry's role in the London 2012 Olympics.
View from the top: More than just words
Tech companies push the boundaries of what is conceivable, while media groups walk a legal tightrope to publish good stories. That's why their insurers and brokers must work so hard to keep up with their clients' risks.
Public sector - Insurance procurement: Strength in numbers?
Will the Insurance London Consortium succeed where its predecessor failed and provide the blueprint for public sector procurement? asks Edward Murray.
ARM courts new M4 clients
Aspen Risk Management managing director Kevin Pallett has pledged to open discussions with approximately 100 brokers in the coming weeks, after the firm agreed the purchase of commercial insurance renewal rights from M4 Underwriting.
Paladin pull out provokes upset from market brokers
Paladin Underwriting Agency's managing director Bill Adamson is on gardening leave after exiting the Lloyd's business, Post has learnt, after policy cancellation leaves brokers incensed.
Penny Black's insurance week
Penny thought she got invited to all the best gigs, but clearly her invitation to Markerstudy's 10th anniversary bash at The Savoy was lost in the post.
Miller promotes two to 'support future growth'
Miller Insurance Services has created two senior roles within its London headquarters.