News
Video: Encouraging telematics take-up in the broker market
Whilst the issue of telematics is written large in the business plans of many insurers, the same cannot be said for brokers.
UK General sells compliance outfit UKGI to Thistle Initiatives
UK General has reached an agreement to sell its compliance consultancy business UK General Insurance to financial services firm Thistle Initiatives.
Teixeira joins Alvarez & Marsal as MD for risk advisory services
Willis’ former practice leader for integrated risk management services, Tom Teixeira, has joined Alvarez & Marsal as managing director for its risk advisory services practice.
CMC launches global insurance consultancy
CMC Insurance, a global consultancy aiming to rival the big four in the insurance and reinsurance space, has been launched by the team behind banking consultancy CMC Europe.
Co-op insurance profits up ten-fold despite 'disastrous' year
The Co-operative has seen insurance profits leap upwards in 2013, with the mutual attributing the boosted results to improved claims experience and strong performance of its home portfolio.
Ferma prepares to launch benchmarking survey
The Federation of European Risk Management Associations will launch its benchmarking survey on Tuesday 22 April in the UK and 19 other European countries.
The Technology of the future
This special video edition of Post, The Technology of the Future, offers a greater insight into a number of the key developments that are helping reshape the UK and international insurance sectors.
GRP close to second acquisition as Margrett boosts management team
Global Risk Partners is preparing to unveil its second major acquisition having bolstered its central management team with senior recruits from Towergate and KPMG.
Arista hires Fletcher for Midlands role
Arista Insurance has appointed Mick Fletcher as senior development underwriter focusing on the East Midlands area.
RSA to dispose of Polish and Baltic operations
RSA is selling its businesses in the Baltics and Poland for £300m – a move which will add around £200m to the insurer’s net assets.
Callaghan and Sagar to leave Lockton in Asia
Post understands Lockton's executive chairman, Asia-Pacific Gerry Callaghan is retiring at the end of the year, whilst the CEO of Singapore Manan Sagar has resigned.
Rajan joins Miller from Marsh in marine role
Govinda Rajan has joined Miller's Singapore office in a South-East Asia marine hull business production role.
Ferry sinks off South Korea leaving 280 missing
Nine people have been confirmed dead and at least 280 remain missing after a ferry carrying 459 people capsized and sank off the coast of South Korea on Wednesday morning.
Collinson launches insurance and assistance brands
Collinson Group is targeting revenue “close to £350m” over the next 12 months following a restructure that has seen it launch two distinct entities for insurance and assistance.
Gallagher recruits Anderson from NIG for block of flats brand
NIG’s London head of sales has moved to Gallagher for a new role at residential flat insurance specialist Deacon.
E-cigarettes and cosmetic surgery tipped for new wave of claims
E-cigarettes and cosmetic surgery are among a new wave of anticipated emerging claims, according to law firm Hill Dickinson.
Gallagher's Ross eyes 'Ronaldo-type business' signings in personal lines
Arthur J Gallagher’s appointment of Adrian Brown signals a temporary transition from a commercial lines focus to an “adrenaline surge” into the firm’s personal lines offering, according to Gallagher International chief executive David Ross.
Axa overhauls PL intermediary for development underwriter model
Axa is to embark on a radical restructure of its personal lines intermediary division, providing brokers with more access to underwriters in their own offices.
Axa's Karen Hogg resigns three months into strategic partnerships role
Axa’s director of strategic partnerships Karen Hogg has resigned just three months after stepping into the role.
Rural's Mike Ellis to become Broker Network Underwriting MD
Broker Network Underwriting boss Paul Bennett will leave Broker Network at the end of June to pursue “other opportunities”, the group has confirmed.
PL market 'underserved' by commercial-focused brokers says Brown
The personal lines market remains poorly served by commercial-based brokers according to newly appointed Gallagher executive chairman of underwriting and distribution Adrian Brown.
British Insurance Awards 2014 shortlist video
On 9 July 2014, Post will celebrate 20 years of the renowned British Insurance Awards, and what a spectacular two decades it has been.
RSA tipped to review scale of UK operation following Brown departure
Industry commentators are unanimous Adrian Brown’s departure from RSA is a loss for the company amid suggestions group chief executive Stephen Hester could now look to downsize its UK operation.
Quindell signs deal as Ebitda rises
Quindell has reported gross sales of almost £163m in the first quarter of 2014, as its subsidiary 360 Globalnet has agreed two five-year property claims deals worth £20m with an unnamed direct UK insurer.