Commercial
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.
Interview: Jon Hancock and Dan Wilkinson: Building bridges with brokers
RSA Commercial managing director Jon Hancock and recently appointed mid-market regions director Dan Wilkinson, the former Willis UK Retail chief executive, discuss broker plans for Biba and beyond.
Space Tourism: Ready for liftoff?
With Virgin Galactic edging closer to launching tourists through the stratosphere for the first time, what part will the insurance industry play in this uncharted territory?
Aviva to send 600 UK jobs to India
The union Unite has accused Aviva of betraying its UK workforce by offshoring hundreds of back office processing jobs to India.
AGCS appoints technology risks underwriter
Allianz Global Corporate & Specialty has appointed James Tuplin as a technology risks underwriter within the financial lines team.
Japan Earthquake: A seismic shift
The sheer size and scale of the Tohoku earthquake and tsunami has change the face of insurance in the region forever.
Flood: A Dutch Obligation
For the first time in decades Dutch citizens can purchase flood insurance but should the product be compulsory?
Jelf deal marks return to form, says Alway
"Most if not all" of The Insurance Partnership directors are expected to accept the majority of the purchase price in shares, according to chief executive of the broker's new owner Jelf Group, Alex Alway.
UK General inks Risk Stop partnership
UK General Insurance and Risk Stop have completed a deal that will see the latter provide three years of risk management services to the insurer and its clients.