Commercial
View from the top: This eternal quest is fruitless
Commoditisation has become something of a holy grail in the insurance market over the past decade. The shift from competition based on product and service feature differentiation, as well as perceived value, to one of undifferentiated price comparison…
Market moves: Busy week for insurers sees sector take on seven new recruits
Following a week of broker domination in recruitment, insurers have battled back in a big way with no fewer than seven headline hires at companies ranging from agricultural insurer Rural to Lloyd's syndicate Aegis London.
Revenues rise 42% at Hyperion
Hyperion has seen total group revenues reach £111m for the year ending 30 September 2012, up 42% from last year's equivalent of £78m.
Groupama extends range of small fleet product
Groupama Insurances has extended the range of its Optima Small Fleet product, making it available for well-managed small fleets of up to 25 vehicles.
DWF merges with Fishburns
Business law firm DWF and professional indemnity practice Fishburns will merge on 1 February.
Acturis launches free reporting dashboard for brokers
Insurance technology provider offers software that analyses the causes of business performance problems.
AIG on-risk for helicopter crash as Crawford investigates
Crawford & Company will handle claims arising from the fatal helicopter crash in south west London this morning.
Cooper Gay completes Lightyear deal
Cooper Gay Swett & Crawford has confirmed that its investment agreement with Lightyear Capital has completed.
Costa Concordia one year on: Sea change
A year after the Costa Concordia disaster the insurance market is still picking up the pieces, but what will be the long-term impact?
RSA unveils commercial crime protection policy
RSA has launched a commercial crime protection policy which provides insurance for businesses against fraud, dishonesty or malicious acts.
Rural ramps up underwriting team with ex-Aviva hire
Former Aviva commercial underwriter Simon Dixon has joined Rural Insurance's underwriting team as the first of four development underwriters the firm plans to recruit this year.
Zurich stresses importance of supply chain management
Organisations need to better understand the increasing complexity of their supply chain and evaluate the related risk exposures, according to Zurich.
Ace hires Achmea's P&C manager
Ace Group has hired Benoît Chasseguet as marine manager for Continental Europe, including the Central and Eastern European region.
Ex-Chubb manager Wozniak joins Bluefin
Jon Wozniak has joined Bluefin Solutions as business development director.
Ex-Aon MD Martin to lead Willis UK
David Martin, former managing director of Aon's UK corporate business, has been appointed chairman and chief executive of Willis' UK retail business.
Keelan Westall founder recruits former employee for new venture
A former Keelan Westall team leader has rejoined her ex-boss Alan Westall at his Property Insurance Initiatives venture.
Post magazine - 3/10 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
BGL adds new director with Tesco recruit
BGL Group partnership business Junction has recruited David Knowles from Tesco for the newly created role of IT and change director.
Ex-Castle Cover boss Marchington launches new broker
Andrew Marchington, the founder and former managing director of Castle Cover, has launched a broker specialising in the mid to high net worth and non-standard home insurance markets.
Barry Smith steps up to Ageas group role as Watson becomes new UK CEO
Ageas UK CEO Barry Smith has been promoted to a new Ageas group role of chief operating officer.
BGL hands glass supplier contract to Auto Windscreens
Auto Windscreens has been awarded the exclusive glass supplier contract for BGL Group, which manages UK motor insurance brands including, M&S, RAC, Post Office, Lloyds TSB and Halifax.
Ex-Brit director Cooter resurfaces at Covéa following QBE exit
Covéa Insurance has appointed former Brit director of market management and regional operations Simon Cooter as commercial lines director.
Arista scheme targets £400 000 premium in first year
Arista Insurance has set up a scheme with Merseyside broker Business Insurance Services.
Catlin backs ticket cancellation product
Catlin is underwriting a ticket cancellation product for PH Hotels.