Broker
AI Claims to beat forecast
Credit hire operator AI Claims Solutions said it expects turnover, profit before tax and earning per share for the financial year ending 30 June 2010, to beat market forecasts.
Marsh: "grotesque" solicitors impacting whole PI market
Marsh has called for solicitors firms that fail to buy professional indemnity cover to be shut down — and labelled their continued trading as "grotesque".
Brokers at war over contingent commissions
Aon has become embroiled in a war of words with rival Willis after it signalled its intent to once again accept contingent commissions in the US.
Top five Post stories
The five most popular stories at postonline.co.uk over the past seven days were:
Insurers concerned over double regulatory burden
The lack of detail concerning the regulation of the Lloyd's market could mean insurers there have more influence than others over the eventual shape of their replacement regime for the Financial Services Authority.
NIG looks to exit personal lines after sale ruled out
Royal Bank of Scotland Insurance has unveiled a plan to close its loss-making NIG personal lines business after ruling out a trade sale as "unviable" in the current market.
Aviva: millions saved by 'ghost broker' clampdown
A clampdown on the fraudulent activities of so-called 'ghost brokers' has saved Aviva "several million pounds" in dubious motor claims, Post can reveal this week.
Brit cuts UK private motor book by 60% as it reports £72.8m profit
Brit Insurance this morning reported that profit before tax excluding the effect of foreign exchange on non-monetary items increased by 12.2% to £72.8m for the first six months of 2010 (30 June 2009: £64.9m). It recorded a profit before tax of £77.5m (30…
Marsh appoints new claims leader
Marsh has appointed Martin Clark as its global energy practice claims leader. Based in London, Mr Clark will have overall responsibility for managing the claims of Marsh’s energy clients worldwide.
Marsh appoints new claims leader
Marsh has appointed Martin Clark as its global energy practice claims leader. Based in London, Mr Clark will have overall responsibility for managing the claims of Marsh’s energy clients worldwide.
Open GI and MCE in 5 year deal
Motorcycle broker MCE has signed a major deal with Open GI, in a move that will cover its entire IT infrastructure for its call centre and trading website.
Allianz backs “positive” Jackson Review consultation
Insurer Allianz has backed the government’s consultation on implementing sections of Lord Justice Jackson’s Review of Civil Litigation Costs.
Amlin appoints former Aon director to broker role
Amlin has appointed Patrick McMillen as business development and broker relationship manager.
Master of the Rolls welcomes Jackson review plans
Master of the Rolls Lord Neuberger has backed the government’s decision to launch a consultation aimed at implementing the recommendations of Lord Justice Jackson’s Review of Civil Litigation Costs.
Heath Lambert raids Aon for PFI specialist
Heath Lambert has added former Aon PFI special purpose specialist Stephanie Ottey to its PFI advisory team.
Government outlines Jackson Review implementation plans
The government is set to launch a consultation on implementing the recommendations laid out in Lord Justice Jackson’s Review of Civil Litigation Costs.
Sterling in broker survey boost
Sterling Insurance has welcomed positive feedback from brokers on its claims service and Executive Business product, as the insurer published results from its annual online broker survey.
Public interest must not be lost in pace of reform, warns CII
The Chartered Insurance Institute has responded to the government's consultative blueprint to withdraw the financial services regulatory structure.
Marsh lines up Lord Lang as next independent chairman
Marsh & McLennan Companies' board has announced that Ian Lang, Lord Lang of Monkton, will succeed Stephen Hardis as independent chairman of the MMC board of directors.
Guy Carpenter files suit against Lockton Re after client defections
Guy Carpenter has filed a suit in a bid to recoup brokerage fees after clients followed an employee to Lockton Re.
JLT strikes Euro alliance with three continental powerhouses
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.
Fortis recruits quartet in SME commercial push
Fortis has bolstered its commercial lines underwriting and business development teams with the recruitment of senior staff.
JLT strikes Euro alliance with three continental powerhouses
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.
Allianz outlines SME business increase
Allianz saw new business through its online trading platform Quote SME increase by 68% between the first and second quarter, the insurer has revealed.