Broker
FSA sends warning shot to aggregators
The Financial Services Authority has urged aggregators to “think carefully” about whether they are introducing, arranging or advising customers and to reflect that with a change in permissions if necessary.
LV expands Ipswich operation
LV is creating 50 new jobs as it expands its current operation in Ipswich which deals with car insurance queries.
Howden names new chair with IPO experience
Howden's UK subsidiary, Howden Insurance Brokers has appointed Lorraine Adlam as chairman.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Airmic 2011: Firms underestimate true cost of major claims
A lack of understanding surrounding the range of uninsured costs and management time wasted means the true financial cost of major property claims are underestimated, says Heath Lambert.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Airmic 2011: Study identifies underlying risks that can lead to corporate failure
Boards failing to see – or just choosing to ignore – underlying risks can result in events serious enough to bring down or severely damage otherwise successful companies, research has revealed.
Marsh warns businesses to face up to impact of climate change
“Robust risk mitigation strategies” to deal with climate change are required to protect businesses from major losses, according to Marsh.
Airmic 2011: Global insurance compliance is fastest-rising concern
The compliance of global insurance programmes is the fastest-rising concern amongst Airmic members, according to the result of the risk management association’s latest survey, ranking second only to reputational risk as their main worry.
Airmic 2011: Airmic launches risk management mentoring scheme
A mentoring scheme to help give young risk managers a boost in their careers has been launched by Airmic at its annual conference in Bournemouth.
Airmic 2011: Chartis opens multinational centre of excellence
Chartis has launched a multinational centre of excellence to provide clients and brokers with a focused source of expertise and delivery for global insurance programmes.
Airmic 2011: Property rates to remain static, says Willis
The cost of commercial property and business interruption cover remains at an historic low, the latest Airmic-Advisen benchmarking survey of 135 Airmic members has found.
Airmic 2011: It is not necessary to increase fleet insurance costs each year, says QBE
“Fleet insurance costs do not need to go up each year – there is another way”, says QBE’s Doug Jenkins.
Airmic 2011: Generation Y could hold the key to corporate response to emerging technologies
The use of technology as a central part of their lifestyle separates Generation Y (those under 30 years old) from Generation X (everyone else), but risk managers rarely consider the threat that this cultural chasm represents, the Airmic conference heard…
Giles sells life sciences book to Oamps
Giles is understood to have sold its life sciences business to Oamps Special Risks.
Junction renews RAC tie-up
Junction has signed a new five year contract to handle the broker panel for RAC Insurance.
Asferica gives Trust Risk Control UK presence
Trust Risk Control, the European network of independent insurance brokers, now has a representative presence in the UK through a co-operation agreement with Asferica Consulting.
Asferica gives Trust Risk Control UK presence
Trust Risk Control, the European network of independent insurance brokers, now has a representative presence in the UK through a co-operation agreement with Asferica Consulting.
Marsh urges European boards to focus on interconnected risks
Understanding the interconnected nature of the risks their organisations face and adopting a more dynamic approach to risk management should be key priorities for European boards in the wake of increased global perils, Marsh has said.
Garratts lands instructor contract
Insurance broker Garratts has landed a £500 000 contract to provide motor insurance for more than 1000 driving instructors.
Aon: Threat of political unrest equal to terrorism
Political violence, strikes, riots, civil war and war now threaten businesses' growth, continuity and profitability as much as terrorism, according to Aon Risk Solutions.
Marsh urges European boards to focus on interconnected risks
Understanding the interconnected nature of the risks their organisations face and adopting a more dynamic approach to risk management should be key priorities for European boards in the wake of increased global perils, Marsh has said.