Broker
Marsh reshapes national corporate team
Following completion of its acquisition of HSBC Insurance Brokers on 1 April, Marsh is adding to its UK national corporate leadership team.
Lockton launches insurance for "medical tourism"
Lockton Singapore Pte Ltd has launched an insurance product to cover the cost of medical complications for medical travellers receiving surgery abroad.
Aerospace insurance costs continues steady descent
Reduction in exposure to risks throughout the aerospace sector means insurance costs are falling and further reductions are likely this year, according to Aon's Aerospace Insurance Market Outlook 2010.
Power Place saves time claims CEO
Power Place has published research claiming that brokers using the online commercial insurance marketplace can generate comparative quotes four times more quickly than using insurer extranets.
Two thirds of businesses "concerned" over prospect of hung parliament
Nearly two thirds of businesses (65%) are “concerned” or “very concerned” about the potential impact of a hung parliament, according to the British Chambers of Commerce’s latest monthly business survey.
Safeonline acquires IP firm Samian
Independent Lloyd’s insurance broker Safeonline, has acquired Samian Underwriting Agencies.
Open GI aggregator quotes top £2m
Insurance quotes generated by Open GI’s market-leading E-Aggregator solution have risen above two million per day.
Central outsources claims to Bankstone
Independent insurance intermediary Central Insurance Brokers has signed up outsourced claims firm Bankstone to provide a full-service white-labelled external claims handling service to its clients.
Aon Benfield Analytics appoints new head of actuarial and ERM
Broker Aon Benfield Analytics has promoted Paul Kaye to head of actuarial and enterprise risk management within its international analytics team.
Power Place adds six to broker development team
Power Place has made a series of new appointments to its broker development team.
Motor rate rises come to an unexpected halt, claims the AA
The sharp car insurance premium increases of 2009 came to an unexpected halt over the first quarter of 2010, according to the latest benchmark AA British Insurance Premium Index.
Insurance websites dodge VAT after court hearing
HMRC has lost a hearing in the Appeal Court today to rule insurance intermediary services as liable to VAT, in a case involving website Insurancewide.
Stewart departs Guy Carp
The head of Guy Carpenter's retro team has left the company amid rumours of another corporate restructuring at the reinsurance broking giant.
Junction acquires building society's motor book
BGL affinity arm Junction has acquired Bradford & Bingley’s motor and home insurance business.
Willis names new director at first Irish AGM
Willis has appointed Michael Somers as a director of the company and member of the risk committee of the board of directors.
Willis names new director at first Irish AGM
Willis has appointed Michael Somers as a director of the company and member of the risk committee of the board of directors.
Claims - apps: Appy days
With one million Iphones in existence, apps are all the rage. Amy Ellis investigates the insurance market's attempts to utilise this channel and asks if a more considered approach is needed to really meet customers' needs.
Willis extends Coverpoint technology deal to PI and D&O
Willis has extended its 'pay as you go' agreement for the placement and distribution of low value, high volume business with technology partner Coverpoint.
Angel purchase to give Catlin SME boost
Catlin has signalled its intent to increase its regional small to medium-sized enterprise footprint following the acquisition of Colchester-based managing general agent Angel Underwriting.
Honda picks Equity Direct
Honda UK has appointed Equity Direct Broking to handle its car and motorcycle insurance schemes.
Post in print - 22 April
Post reporter Dan Dunkley provides a quick overview of this week's major news including: Towergate brings in IPO experts, Capita insurance chief quits, Lib Dem's in mutual manifesto, Quinn faces UK underwriting decision and insurers assess volcano…
Business interruption policies need 21st century update: Aon
Stephen Cross, chief executive officer of Aon Global Risk Consulting, has released a statement on the business and insurance implications of the ash cloud that has been causing difficulties across much of Europe:
Marsh offers risk and insurance advice for affected organisations following the volcanic ash
Marsh is issuing business continuity, supply chain and insurance advice to organisations affected by continued air traffic disruption following the eruption of the Eyjafjallajökull volcano in Iceland and subsequent ash cloud covering European airspace.
Ex Swiss Re ILS head joins Willis for capital markets push
Willis has appointed Bill Dubinsky as managing director and head of insurance-linked securities for its Willis Capital Markets & Advisory arm.