Commercial
UK General commercial plans boosted by ex-RSA director appointment
UK General has appointed former long-term RSA director Ian Barker as its new commercial technical director in a bid to strengthen its underwriting and portfolio management capabilities.
Giles Insurance Brokers reports £2.25m loss
Giles Insurance Brokers has reported a £2.25m loss for the year to 31 August in 2012 compared to a profit of £998 000 in the previous year.
Post magazine - 6 June 2013
In Post this week, could the continuing economic difficulties faced by Spain be behind accusations that its public hospitals are refusing to accept European Health Insurance cards presented by holidaymakers when seeking medical attention?
BP Marsh ready to sign another deal
BP Marsh chairman Brian Marsh has said he expects to sign a new deal tomorrow [4 June] following publication of his firm's financial results.
Property Claims 2013: Insurers told to go Down Under
Insurers could boost the industry’s reputation by imitating the Australian model of working closer together to tackle catastrophic claims surges, according to John Pyall, head of Munich Re’s Great Lakes facilitated claims unit.
Property Claims 2013: Cashing-out not always the answer
Axa’s head of commercial property claims has raised concerns that cashing-out on property claims can lead to them being mishandled or resurfacing in the future.
Interview: Chris McGloin: Up for the fight
Incoming Airmic chairman Chris McGloin is about to find himself at the forefront of an organisation with a lot on its plate. As he takes the reins during Airmic’s 50th anniversary year, he explains why he’s feeling optimistic
'Major changes' on horizon for BP Marsh
BP Marsh & Partners has reported a 10.6% increase in net asset value to £55.5m for the year to 31 January 2013 (2012: £50.1m) and net asset value per share of 190p (2012: 171p).
Private equity backers fail in aim to boost targets' productivity, says study
Publicly listed firms that are subject to a private-equity buy-out see their performance fall further behind industry rivals, according to research by three academic institutions.
Covéa reshuffles UK commercial lines team
Covéa Insurance- the UK underwriting business of French mutual insurer Covéa- has reshuffled its commercial lines team.
Trimble tops the commercial fleet telematics leaderboard, claims survey
Telematics provider Trimble has been ranked top of ABI Research’s competitive assessment of the commercial fleet telematics industry, with Telogis and Omnitracs occupying second and third places respectively.
Post magazine – 30 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
APC extends liability limits
Underwriting agency APC has increased the limits on the majority of its public and products liability risks to £10m and property risks to £50m in a move that it claims will help smaller brokers win larger clients.
AIG extends oil and gas cover
AIG has expanded its oil and gas product to offer increased limits and cover, coupled with stronger specialist loss control services.
Am Trust targets solicitors' PI market
Am Trust Europe is offering professional indemnity cover to solicitors firms of four to 10 partners for the first time after striking an exclusive deal with Howden Windsor.
Post magazine – 23 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Interview: Chris Hanks: End of an era
Set to retire later this year, Allianz Commercial general manager and former CII president Chris Hanks reflects on 45 years in the business.
View from the Top: Testing times for supply chains
The horse meat scandal has demonstrated the complexity of modern day supply chains, and the inherent risks within them.
Gallagher Heath unveils restructure
AJ Gallagher has created three new divisions within its Gallagher Heath Insurance Services in a bid to reflect its chosen distribution channels – direct, intermediary and partnerships.
Keelan Westall expansion plans boosted by Gallagher acquisition
Keelan Westall managing director Wayne Tonge is aiming to “triple its income within two years” as it expands its e-trading offering, following the wholesale broker’s acquisition by Arthur J Gallagher a fortnight ago.
GWP up at Amlin's London operation
Amlin’s gross written premium increased 7.1% to £1.54bn for the four months ending 30 April 2013 compared to the same period in the previous year (30 April 2012: £1.44bn).
Kennedys partner West warns of fake employment agencies targeting EL insurers
Gangs that previously staged fraudulent motor accidents to con insurers out of cash are now turning to target employers’ liability claims with a new underhand trick, it has been claimed.
Post Magazine - 16 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Arista makes regional appointment
Arista has named Bethany Wilkes as assistant underwriter at its Birmingham office.