Commercial
Editor's comment: Can NIG win back trust?
The news of NIG's proposed withdrawal from the personal lines market has caused considerable discussion this week both on the Post website and in the magazine.
Autofocus seeks bidders
The administrators of credit hire reporting firm Autofocus have published a marketing document to attract buyers to the company.
Towergate: bond issue is still on 'to do' list
Towergate is keeping the brakes on its £665m bond issue in response to little improvement in the financial markets.
Mitie targets top spot in property claims sector
Strategic outsourcing specialist Mitie has unveiled ambitious plans to become the leading property claims company within five years, after announcing its entry into the market this week.
Axa UK CEO Moreau to leave for top job in France
Axa has confirmed long standing speculation that its UK CEO Nicolas Moreau is to leave his role and become CEO of Axa France.
Marsh Q2 2010 results show double digit growth in Asia
Marsh & McLennan has today reported that its risk and insurance services arm, Marsh, recorded revenue of $1.5 bn (£942m) in the second quarter of 2010, an increase of nine percent from the same period in 2009, or one percent on an underlying basis.
Marsh Q2 2010 results show double digit growth in Asia
Marsh & McLennan has today reported that its risk and insurance services arm, Marsh, recorded revenue of $1.5 bn (£942m) in the second quarter of 2010, an increase of nine percent from the same period in 2009, or one percent on an underlying basis.
Liberty Syndicates enters UK motor market
Liberty Syndicates is entering the UK and Irish motor insurance markets through the hiring of a team of specialist motor underwriters.
PWC raids FSA for Solvency II expert in recruitment drive
Pricewaterhouse Coopers has made a number of changes to its UK insurance group, including new hires, new partner promotions and internal moves.
Catlin appoints Schmidt as European reinsurance CEO
Catlin Group has confirmed Peter Schmidt has been appointed chief executive officer-European Reinsurance.
PWC raids FSA for Solvency II expert in recruitment drive
Pricewaterhouse Coopers has made a number of changes to its UK insurance group, including new hires, new partner promotions and internal moves.
Catlin appoints Schmidt as European reinsurance CEO
Catlin Group has confirmed Peter Schmidt has been appointed chief executive officer-European Reinsurance.
MSL unveils new legal expenses policy
The firm has launched a new legal expenses policy for businesses, which provides up to £50,000 financial protection for legal costs per claim.
QBE backs Towergate property book
QBE is to insure an arrangement for Towergate's commercial property owners business.
Power Place launches extranet
Power Place is rolling out an extranet to give all brokers around the country access to its online commercial insurance marketplace.
Lloyds Development Capital backs Chem-Dry MBO from Evander
The Evander Group has today announced the transfer and sale of Chem-Dry in the UK from Evander to Chem-Dry management, backed by Lloyds Development Capital.
Brett & Randall names new MD
Leicester-based insurance broker Brett & Randall has appointed Andy Underwood as managing director.
Cooper Gay targets binder growth
Cooper Gay has laid out plans to double the number of binding authorities it handles worldwide within three years.
MMA changes commission strategy
Broker-only insurer MMA has launched variable commission rates for brokers transacting new business for its master tradesman product.
Sterling promotes broker development manager
Sterling Insurance Company has promoted senior development manager James Guthrie, to associate director responsible for broker development.
Asda signs up Leeds law firm for liability work
The Leeds office of Forbes Solicitors has announced that Asda has become a new client of the firm.
Gallagher International announces latest acquisition, SBA
Gallagher International has acquired Australia-based natural resources risk management provider Specialised Broking Associates for an undisclosed sum.
Aon results highlight 8% fall in broker's UK revenue
Broking giant Aon today reported an 8% decline in commission and fees for its UK arm, in the second quarter of 2010 to $167m (Q2 2009: $181m).
Aon results highlight 8% fall in broker's UK revenue
Broking giant Aon today reported an 8% decline in commission and fees for its UK arm, in the second quarter of 2010 to $167m (Q2 2009: $181m).