Commercial
UK motor and energy rate rises boosts Chaucer's fortunes
Chaucer intends to grow its UK motor and energy portfolios next year as part of its plan to increase its income net of brokerage by 10% to £785.8 m.
Career development & CSR news: 'Superb' broker duo scoops top claims service accolade
Two claims handlers at Stirling-based broker Denis O Brown & Associates have been jointly honoured with an award for their customer service and professionalism.
PSTF: Thunderhead boss: learn from 'disruptive' tech
The insurance market should seize the potential of "disruptive" technologies, rather than simply focus on the "enablers" to tap into their customers of the future.
Editor's comment: Commercially viable
The news that Iprism has secured private equity backing, which effectively values the business at £50m, is further evidence that the future of online commercial trading has finally reached its 'tipping point'.
Ageas keen to developKwik Fit's niche brands
Ageas UK chief executive Barry Smith has pledged to retain and expand Kwik Fit Insurance Services' niche operations as it seeks to widen the group's overall product footprint.
Torrance slams new entrants over rates
Allianz UK chief executive Andrew Torrance has bemoaned the short- sightedness of some of the recent commercial entrants for keeping rate rises in check.
Iprism valued at £50m as PE firm takes a stake
Online commercial comparison portal Iprism has attracted private equity backing, in a move that values the business at £50m.
LV boss pledges growth to £1bn by 2015
LV direct managing director Selwyn Fernandes has pledged to grow the business's gross written premium to £1bn by 2015, despite the competition generated by the aggregators.
Lark and Bollington spared in Groupama consolidation
Groupama this week insisted its specialist commercial broking operations will not be subjected to the same consolidation and rationalisation that are set to impact other subsidiaries.
Penny Black's insurance week
Penny dragged her aching bones off to the world-famous Pineapple Dance Studios in London's Covent Garden for a spot of Latin dancing with the ladies of SSP and a select few from the insurance sorority.
Comment - redundancy: Old skills, new start
Being made redundant when you've been working in an industry for several decades is tougher than when just starting out. Trevor Brittain offers sage advice about exploring new avenues after finding himself in such a situation.
Zurich loses Purple panel spot
The Purple Partnership has made the second change to its core commercial insurer panel since its launch almost three years ago.
Post Magazine – 18 November 2010
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Iprism valued at £50m as PE firm takes a stake - Post in print: 18 November 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, including how backing from a PE firm has led to Iprism being valued at £50m; Zurich coming under fire for 'bungled' staff consultation; Allianz's Andrew Torrance bemoaning new…
Iprism valued at £50m as PE firm takes a stake - Post in print: 18 November 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, including how backing from a PE firm has led to Iprism being valued at £50m; Zurich coming under fire for 'bungled' staff consultation; Allianz's Andrew Torrance bemoaning new…
Omega buys additional reinsurance as losses mount
Omega Insurance has admitted it purchased additional reinsurance in quarter three to further reduce its catastrophe exposures.
Wainwright named as new CEO of HSBC's insurance arm
HSBC Bank has appointed Simon Wainwright as its new chief executive officer of insurance for the UK.
Cornwall hit by severe flooding
Parts of Cornwall have been hit by flooding after a night of heavy rain and wind.
Former Crawford VP to lead RMS European client charge
Risk Management Solutions has announced the appointment of Martin Weinthrop to the position of vice president of client development, Europe.
Former Crawford VP to lead RMS European client charge
Risk Management Solutions has announced the appointment of Martin Weinthrop to the position of vice president of client development, Europe.
CTC: 2010 earnings likely to be at the lower end of expectations
In an interim management statement covering the period between 1 July 2010 to 16 November 2010, Charles Taylor Consulting today said business activity has been broadly in line with the expectations contained in its half yearly report.
Jelf launches property offering
Jelf has launched a new proposition aimed at simplifying the insurance process for the property sector.
Aspen UK's Swiss branch granted approval by regulator
Aspen Insurance Holdings today announced that the Swiss Financial Market Supervisory Authority approved Aspen Insurance UK, Zurich Insurance Branch, as an admitted direct insurer in Switzerland.
Aspen UK's Swiss branch granted approval by regulator
Aspen Insurance Holdings today announced that the Swiss Financial Market Supervisory Authority approved Aspen Insurance UK, Zurich Insurance Branch, as an admitted direct insurer in Switzerland.