Commercial
Job cuts will not affect broker service, says DLG
Direct Line Group’s broker facing insurance brand NIG has reiterated its commitment to maintaining its regional footprint despite revealing around 160 roles were at risk.
CII issues equality and diversity good practice guidance
The Chartered Insurance Institute has launched a new equality and diversity good practice guide for members, employers and the insurance and financial services professions to raise awareness and encourage best practice.
South heads to Asia Pacific to run enlarged Marsh business
Former Marsh UK chief executive Martin South has been appointed CEO of Marsh Asia-Pacific, following a restructure of its international regions, which also sees a dedicated leader brought in to head up an enlarged European operation.
Biba appoints Jackson Lee Underwriting as GAP provider
The British Insurance Brokers’ Association has appointed Jackson Lee Underwriting as the exclusive provider of its new GAP insurance scheme which provides enhanced cover and levels of commission for association members.
Broker sales on back-burner
The sale of Groupama-owned brokers Bollington and Carole Nash are said to be on the back-burner while the dust settles on Ageas’ acquisition of the UK insurance arm.
Tens of thousands face being priced out of flood cover
ABI admits its Flood Re model is dead in the water
Three-year court battle results in double-edged compensation precedent
Expansion of potential defendants could spark abuse claim increase
Fine art: State of the art
The sky-high value of fine art necessitates appropriate cover but, as well as the obvious threat of theft, what else must be considered when insuring artwork?
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Square Mile obtains CII broking status
Commercial insurance brokers Square Mile has been awarded Chartered Insurance Institute status, having met the criteria relating to professionalism and capability.
Post Magazine - 29 November 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
JLT calls on government to back Flood Re
JLT is urging businesses to lobby MPs in a bid to impress on the government the urgent need to agree a flood insurance solution to replace the Statement of Principles when it expires next year.
Torrential rainfall to create £14m used car market claims
AA Insurance has warned that the used car market could be swamped with flood-damaged cars following the extreme weather of recent weeks.
Xchanging names Guttridge as executive director
Technology services provider Xchanging has appointed Adrian Guttridge as insurance services executive director.
Clyde & Co partner joins Chubb
Chubb Insurance Company of Europe has appointed Lisa Payne-Lawrey, pictured, as European casualty claims manager.
Frontline outlines plans to boost Budget Insurance business
BGL Group-business unit Frontline has unveiled plans to double the size of insurance brand Budget in the next five years.
Auto Restore acquires competitor
Auto Restore has acquired Midlands-based ADR Accident Repair Centre Group including its 11 bodyshops.
RSA sends emergency response vehicle to flooded Welsh city
RSA yesterday sent an emergency response vehicle to St Asaph in Wales to offer advice and support to residents after the River Elwy burst its banks.
Web seminar: The future of property underwriting
With the current flood risk agreement between the insurance industry and the government due to expire next year, the future of property underwriting could look very different.
Ex-Barbon duo launches property broker
A new property insurance broker has been launched in London’s West End by the co-founder of Keelan Westall and former head of business at Barbon-owned Cadogan Keelan Westall, Brett Sainty.
GAB and Crawford deal with increased claims volumes from weekend floods
GAB Robins saw claims volumes increase by 50% today and expects that figure to grow as rainfall spreads from the south west to Wales and the north of England.
ABI urges MPs to pressure government on flood talks
The Association of British Insurers has written to members of parliament urging them to call on the government to rethink its decision to refuse to provide a temporary overdraft for a flood insurance fund.
Barbon promotes Tye to underwriting director
Property insurance and lettings insurance specialist Barbon has appointed Paul Tye, pictured, as its new underwriting director.
Towergate snaps up Northern Irish broker
Towergate Insurance has secured its first foothold in Northern Ireland after acquiring Belfast-headquartered broker Dawson Whyte.