Broker
Heritage claims industry first following Heath Lambert acqusiition
Heritage Insurance Management in Guernsey has claimed a world-wide first by amalgamating two Protected Cell Companies into one.
Heritage claims industry first following Heath Lambert acqusiition
Heritage Insurance Management in Guernsey has claimed a world-wide first by amalgamating two Protected Cell Companies into one.
Marsh will not accept contingent commissions in US
Marsh & McLennan’s US and Canada unit will not collect controversial contingent commissions in its core broking operations.
Chubb appoints two new managers to its London operation
Chubb Insurance has appointed two new managers to its London office. Andy Francis has been named as head of the commercial insurance division and Ralf Rebetge head of Chubb’s specialty insurance division.
Willis appoints head of North American financial services practice
Richard Magrann-Wells appointer senior VP and leader of North American financial services practice.
Aviva pays out £300 000 super car claim
Aviva has confirmed that following a crash in September last year, it has paid £300 000 to repair a Pagani Zonda S.
New Comment - High Street Broking: The direct approach to branching out
Having floated the idea of launching a network of branches in May last year, Hastings Direct officially opened its first shop earlier this month. Edward Fitzmaurice explains why the firm is opening branches in an age increasingly dominated by online…
Invicta targets £25m by 2013
Founder of Hero Insurance Services, Paul Cosh, has returned to the broker market by taking a financial stake and chairman role in a personal lines start-up launched by former Woodstock operations manager Steve Gamage.
Biba chief: best practice call for small brokers
British Insurance Brokers' Association chief executive Eric Galbraith has slammed the Financial Services Authority's disregard for its members' risk profile and resources and called on it to lay down best practice guidelines for smaller intermediaries.
CBG reacts to drop in profits with rebrand
CBG is to undergo a “total rebrand” and change of chairman after posting a reduced profit for 2009. The Manchester-based broking group saw adjusted pre-tax profits halve to £1.02m (2008: £2.46m) while revenue fell to £8.96m in 2009 (2008: £11.15m).
Roundtable - Pro-active Claims Management - Setting out the crucial aims for claims
Many insurers now view claims management as a way to differentiate their service from that of their peers. Leigh Jackson reports on how a panel of experts see this as a crucial way to retain customers and win business.
Editor's comment: The managerial merry-go-round spins again
Last week's announcement from Giles of another senior departure would appear to the casual observer to be the latest in what seems a regular rolling cast change at the private equity-backed broker.
BGL targets new insurer partners
Junction is to target home and motor insurers keen on going direct by providing them with additional distribution capabilities, according to managing director Peter Thompson.
Oval appoints Rothschild to consider future options
Oval has made Gloucester-based broker JL Fisher & Co its first acquisition of 2010, adding it would also consider a "transformational deal" to take it past its £200m target.
MMA to open three new branches as others downsize
MMA has outlined "phase two" of its commercial roll out with the establishment of three new regional trading centres.
Towergate beats £1m charity barrier again
Towergate has raised more than £1m for charitable causes for the second consecutive year.
Sporting events - Terrorist Threat: Sports under scrutiny
With large sporting events such as the Commonwealth Games and the World Cup attracting the threat of terrorist activity in 2010, Edward Murray looks at the concerns insurers have.
Get to know your biba representatives
With eight weeks to go before the start of the British Insurance Brokers' Association conference, Post has decided to shine a light on some of the perhaps lesser-known staff at the trade body. This week, we talk to Kirsty Wingrove, Biba membership co…
Budget 2010: Broker IPT burden significantly reduced
Broker trade bodies the British Insurance Brokers’ Association and the Institute of Insurance Brokers have both expressed their satisfaction following the publication in today’s Budget of the final legislation extending the scope of insurance premium tax.
Budget 2010: LCCI: Budget a “mixed blessing” for City businesses
The London Chamber of Commerce and Industry has claimed that the 2010 Budget is a “mixed blessing” for businesses in the capital.
Budget 2010: Darling to “double” entrepreneurs CGT relief
Chancellor Alistair Darling has revealed that the government will double entrepreneurs relief for capital gains tax.
Willis to make redundancies to trim costs - sources
According to Reinsurance sources, Willis has already begun to make cuts in its casualty unit with more expected across the board
Oval swoops for South-west broker
Oval has acquired Gloucester based insurance broker J L Fisher
Aon claims market leading position with deal
Aon has acquired the local German broker Versicherungsmakler which specializes in placing insurance for environmental projects.