Broker
People moves – 10 March 2011
A round-up of people moves and new appointments in the industry, as featured in the 10 March 2011 edition of Post.
Climate change – are insurers getting behind their own green policies?
With the general public becoming ‘bored’ by environmental issues, Veronica Cowan asks if insurers are really getting behind their own green policies.
Chartis web app launches
Chartis has launched a web app for two of its SME products, so brokers can obtain speculative or last-minute quotes while on the move.
CCV looks to top 12 annual acquisitions
Callum Capital Ventures is aiming to exceed its current rate of one acquisition a month, after completing the purchase of South Wales-based Hanbury insurance.
Allianz calls on brokers to better BI basics
Allianz insurance has urged brokers to go “back to basics” to ensure more commercial customers are provided with adequate business interruption cover.
LMIE aims for slice of mid-corp market
Liberty Mutual insurance Europe is targeting rivals Ace and Chubb for a larger slice of the mid-corporate market - a sector it believes will act as a “springboard” into the wider UK market.
EC plans to standardise tax
The European Council’s proposals to standardise taxes across member states could mean fewer insurance companies look to redomicile to countries such as Ireland.
Aon hires staff after defection
Aon has made of raft of senior hires to its UK professions team, after several members of its previous team defected to rival broker Jardine Lloyd Thompson last year.
Aviva gears up for telematics return as motor rates rise
Aviva has mooted reintroducing telematics technology for private cars during 2011, according to UK chief executive Mark Hodges.
Editor’s comment: two new faces to watch
With Google this week snapping up beat that Quote for a little under £40m, and web design firm Vast Visibility simultaneously buying two specialist bike and van price comparison sites, aggregators are very much the insurance ‘buy du jour’.
Web design firm buys motor comparison sites
Insurance comparison site The Bike Insurer has been acquired by web design firm Vast Visibility, Post has learnt.
Aviva takes minority stake in HCML – Insurance News Now – 9 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories including Aviva Health’s “significant” investment to secure a minority shareholding in rehabilitation firm HCML.
Post Magazine – 10 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Willis appoints new commercial and networks boss
Willis UK & Ireland, has appointed Brendan McCafferty as managing director of its commercial and network businesses.
Lorega adds to Midlands broker team
Loss recovery insurance specialist Lorega has appointed Tracey Sutton as broker business development manager for the Midlands region.
Kerry London confirms senior departure
Regional director Zena Tebboth has left Kerry London, Postonline can reveal.
Insurecom reshuffles board
Insurecom has confirmed that that both chief executive Phillip Walter and chief financial officer Rod Britton are to leave the business in May, following a decision to restructure the business.
Large risks need to be in IMD says Ferma
The revised European Insurance Mediation Directive should incorporate binding standards of transparency for brokers in their relationship with insurance buyers no matter what size the risks.
Large risks need to be in IMD says Ferma
The revised European Insurance Mediation Directive should incorporate binding standards of transparency for brokers in their relationship with insurance buyers no matter what size the risks.
Rebuilding Cost launches web portal
Rebuilding Cost has unveiled a new website which allows insurance companies online access to valuation surveys.
Omega board laments “baptism of fire” as profits fall $84.4m in 2010
Omega Insurance has recorded a loss of $42.8m – a sharp fall from the $43.6m profit recorded in 2009.
Google buys Beat That Quote
Google has acquired price comparison site Beat That Quote for £37.7m.
Interview - Jason Stockwood: A match made in heaven
Moving from the online dating world to insurance broking seems an unusual step. Jason Stockwood explains to Daniel Dunkley what he can bring to the sector.
RSA hires Coffey for personal lines restructure
RSA has appointed Mark Coffey as trading director, personal lines broker, with effect from 1 April.