Broker
Post Europe: Ceiops is dead, long live Eiopa!
Existing committees of EU supervisors for the European insurance sector are being transformed from 1 January 2011 into supervisory authorities with firm powers. Vic Wyman assesses what the impact of this regulatory change will be.
Ceiops is dead, long live Eiopa!
Existing committees of EU supervisors for the European insurance sector are being transformed from 1 January 2011 into supervisory authorities with firm powers. Vic Wyman assesses what the impact of this regulatory change will be.
MGA goes live using Sequel software
New trade credit insurance specialist Equinox Global has gone live on using insurance software provided by Sequel.
RBS Insurance ramps up claims reserves by a further £100m in Q3
RBS Insurance today said it had set aside a further £100m for bodily injury claims reserves, largely relating to periodic payment orders. This follows the £320m established in respect of bodily injury in quarter two by the owner of Direct Line and…
Advantage to stop underwriting external broker business from 2012
Hastings Insurance Services has confirmed that its major insurance partner Gibraltar-based Advantage is to cease underwriting underwriting business through brokers outside the group.
Heath Lambert wins wind farm contract
Heath Lambert has won a contract to supply all risk services to Scottish wind farm developer, Carbon Free.
CIFAS: fraud remains “rife” in the UK
Data provided by the 265 member organisations of CIFAS – the UK’s Fraud Prevention Service - has revealed fraud remains rife in the UK.
Giles-owned MGA Ink rebrands
Giles-owned managing general agent Ink Underwriting Agencies has rebranded as Ink Insurance.
Allianz sets Newcastle in its sights
Allianz Commercial is set to expand its regional branch network with the opening of a new office in Newcastle.
Post Magazine and news editor Mairi MacDonald scoop major awards
Post Magazine scooped two prestigious gongs at last night's Association of British Insurers Media Awards.
Cogent appointed by AA and Saga brands
AA and Saga Insurance have appointed Cogent Law to provide legal advice as part of a new range of services for personal lines customers.
Penny Black's insurance week
Penny understands that one managing director of an insurance firm had his moment in the sun last week.
Tesco Bank non-standard risk panel delayed for now
Tesco Bank has sidelined plans to launch a non-standard risks panel for its motor insurance customers.
Editor's comment: Fog clears for Allianz
The news that Allianz is to open its long-delayed office in Newcastle is certainly going to be greeted warmly by North-east brokers.
Lloyd's - Communication: London's calling
Once a necessity at Lloyd's, the job of the caller has slowly been replaced by technology. Bob Dee takes us through the history of this fascinating role.
BP Marsh seeks to expand broking portfolio with loan
Venture capital firm BP Marsh is poised to grow its insurance interests, after agreeing a £4.3m loan with its directors.
Postscript - 50 years ago: FPA gives advice on fire safety
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
Environmental liability - Toxic sludge: No fudge over sludge
The recent high profile toxic sludge incident in Hungary has been described as a 'tragedy' by the country's government. Ralph Savage reports how experts from the rural insurance and legal communities and further afield are assessing the situation.
Claims - Private equity backing: Unlocking private equity
Private equity is not just the preserve of the insurer and broking sectors. Daniel Dunkley looks at how the claims sector has seen a fair share of PE investment, asks why this is the case and what it means for the firms involved.
Am Trust pulls deal after six weeks
Am Trust has withdrawn from a deal to provide capacity to UK General for a social housing insurance scheme just six weeks after it was signed.
Research claims aggregators and brokers must up fraud fight
Nearly 80% of insurance fraud investigators believe aggregators and brokers must take more active responsibility for preventing fraud, with the majority calling for more stringent checks at policy inception.
Nicholson avoids contempt of court charge
A senior Aon broker accused of breaking terms of his gardening leave has avoided facing contempt of court charges.
Besso's Gladstone launch is timed for new wave
Intermediary Besso has revealed it timed the launch of its managing general agent to coincide with a new wave of MGAs in the London market.
Career development & CSR news: Financial services firms urged to claim fresh apprenticeship funding
Financial services employers have been urged to come forward and stake a claim for the new apprenticeship funding.