News
Industry body welcomes India ownership change
The Association of British Insurers director general Stephen Haddrill has welcomed the Indian governments promises on overseas insurance ownership.
Allianz in new claims move
Allianz Conrhill has introduced a new team of claims business consultants tasked with helping to improve the claims experience for brokers and clients.
Plexus Law to merge with Gaston Whybrew
Plexus Law, has announced that Gaston Whybrew (GW Law) a specialist insurance litigation practice is to merge with the firm under a definitive agreement effective from 31 January 2007.
Ace in online SME push
Ace UK has launched an online agency agreement which it claims will allow larger numbers of brokers to trade with the company using a range of e-commerce distribution platforms.
AIG announces $100m BPO contract with Accenture
Accenture has signed a 10-year, US$100m business processing outsourcing agreement with AIG Europe to provide an IT platform and insurance support services to AIG Entrepreneur, an AIG unit specializing in Property and Casualty insurance for small and…
Uninsured drivers face bankruptcy warns MIB
The Motor Insurers’ Bureau (MIB) has warned that the number of bankruptcy orders against uninsured drivers is set to rise dramatically in 2007.
Willis forces Lloyd's to close doors
Willis has forced Lloyd’s to take evasive action, causing a closure of part of the market.
Guy Carpenter in Benfield intercept
The West Coast of the US has seen a transfer of broking talent as Benfield’s Garick Zillgitt has moved to Guy Carpenter.
Banffshire broker acquistion
Scottish Broker, Clark Thomson, has completed the acquisition of Banffshire Broker, Cramond Insurance Consultants Ltd
Oval makes landmark acquisition
Broking consolidator Oval has bought Futurity its first stand-alone independent financial advisor.
Chaucer readies for major commercial push with senior hire
Chaucer Syndicates has appointed Stuart Dickinson, to lead the development of the UK commercial product range.
Axis reshuffle brings Reding to COO of insurance arm
Bermudian (re)Insurer Axis has announced the appointment of Dennis Reding, currently Chairman of Axis Insurance, to the new position of Chief Operating Officer of Axis Capital reporting to the CEO and President of Axis Capital, John Charman.
Chilton dismisses Nymex contracts
Benfield chief executive Grahame Chilton has dismissed the forthcoming Nymex-CME ‘Re-Ex Index’ tradable contracts as merely a revamp of a similar scheme his company had in the early nineties. “I think the world’s moved on since then,” he said in a…
Aon political risk map warns of nationalism and arbitrary regulation
Risk complexity, nationalism and arbitrary regulation have emerged as significant threats to multinational corporations’ balance sheets, according to the latest global analysis by Aon political risk experts.
Greenlight latest class of 2005 member to seek IPO
Greenlight Re, the Cayman-domiciled reinsurer has filed for an initial public offering of shares to raise up to $175m.
RAA calls for single US reinsurance regulator
The Reinsurance Association of America (RAA) has called for the United States to have a single reinsurance regulator.
Broking boss throws down gauntlet
An international broking boss has challenged the industry to aim higher.
Lucas Fettes acquires HMB
Lucas Fettes and Partners has announced its merger with London-based general practice, HMB Limited.
MMA continues commercial push
MMA Insurance is planning to increase the range of commercial products it offers through Broker2Broker Insurance Services, the recently launched internet solution for brokers developed by SME Insurance Services.
Agent of the month win for Tesco's Double
Mark Double, who works in the Tesco car insurance contact centre, based in Ipswich, has won the late...
Business growth boosts jobs
Employment levels have grown in the general insurance marketplace, reflecting robust business volume...
MPS wins healthy workplace award
Linda Cooper, senior account executive with Northants-based independent healthcare intermediary Prem...
Achieving potential
Having a successful career can mean different things to different people, as Jo Causon explains
Grant Ellis nominated for ‘CEO of the Year’ Award
Broker Network ceo, Grant Ellis, has been nominated as CEO of the Year at the 2007 Quoted Company Awards.