Commercial
Communicating Change: Preparing to be purchased
Groupama UK and its broker subsidiaries were put up for sale in January. How has its management communicated the process to ensure that positive commercial momentum is maintained?
View from the top: Providing a hassle-free service
Brokers and insurers that can't keep pace with the expectations uplift will lose business, says David Greaves.
Household to become 'new motor' as insurers warn of price hikes to come
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
BCIS launches Risk Check
The Building Cost Information Service has launched Risk Check, an online tool to instantly check the sum insured of a commercial building.
Opening the Takaful market
Initial forays into the Takaful market in the UK have so far met with failure. Despite this, there is still a conviction that a relevant Takaful market exists.
Treasury puts forward pool proposal to replace Statement of Principles
The Treasury has suggested that a limited flood pool could be funded without new money, according to Anne McIntosh MP, chair of the Environment, Food & Rural Affairs select committee.
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
MMA and Provident's final sets of individual annual results published before their anticipated merger reveals a combined pre-tax profit of £4.53m for the year ending 31 December 2011.
Editor's comment: Slow demise or new dawn?
Six years ago, the Lloyd's Motor Underwriters Association was subsumed into the overall Lloyd's Market Association – a clear signal that a once powerful force in the car insurance arena had accepted its heyday was long behind it.
Canopius shakes up UK property facilities underwriting team
Lloyd’s insurer has revamped its UK property facilities underwriting division with a string of new hires.
World Cup and Olympic fever fuels Brazil's general insurance growth
The 2014 FIFA World Cup and 2016 Olympic Games are proving to be catalysts for the growth prospects of Brazil's general insurance sector.
Crawford to cull staff and six managers in three divisions
Crawford & Company could make up to six managers in its home, commercial and client teams redundant and axe a number of employees - less than a year since it cut 50 jobs.
Ex-Oval sales director joins Aon
Oval's former general insurance sales director, Matthew Alcott, has joined Aon Risk Solutions as sales and marketing director for its UK business.
British Insurance Awards 2012 finalists to be revealed
The wait is almost over. Tomorrow Postonline will be the first place to discover the shortlist for the 2012 British insurance Awards.
Law firm calls for tighter laws on metal theft
A City law firm has called on the government to resurrect the Metal Theft (Prevention) Bill and tackle the scrap dealers head-on.
Italy quake: Low level of insurance claims expected
The insurance industry has avoided significant losses from the 6.0 magnitude earthquake that hit northern Italy on Sunday morning due to low take-up of personal property cover in the area.
BIBA 2012: Sterling extends executive business cover
Sterling has increased the cover limit on three executive business products.
BIBA 2012: Conference returns to London in 2013
The British Insurance Brokers' Association will return to London next year after its two-year residency in Manchester.
Hyperion valued at £165m as BP Marsh sells a stake to Murofo
BP Marsh & Partners announced this morning that its wholly-owned subsidiary, BP Marsh & Company, has sold 1 193 500 shares (2.75%) in Hyperion Insurance Group for a cash consideration of £4.5m.
Hardy gets tough on property treaty with 19.1% rate rises
Hardy Underwriting has reported that gross written premiums for its syndicate have decreased by 21.5% year on year, primarily as a result of discontinuing certain underperforming lines of business and a reduction in catastrophe risk appetite.
MUM enters international market
Broker-only managing general agent Manchester Underwriting Management is entering the international market.
JLT responds to market demand with cyber product
JLT Specialty has launched an intangible and cyber exposure service in response to market demand.
Deutsche Bank analyst admits surprise at Aviva UK GI slowdown
Equity analyst Deutsche Bank has admitted surprise at Aviva's UK result this morning.
Jelf bolsters London office with two hires
Jelf Insurance Brokers has appointed two members of staff to join the team in its recently opened London office.
JLT aims to tackle risk managers' 'exasperation' at cyber risks
JLT Specialty has launched an Intangible & Cyber Exposure service.