News
Brokers offline again after SSP goes down
Brokers have been hit by further connectivity issues affecting SSP’s Pure Broking platform this morning.
Marsh's Bluefin acquisition raises concerns over customer choice
Marsh’s acquisition of Bluefin from Axa has seen a mixed reaction from rival broker networks.
#Post People 14 - 18 November 2016
Check out the latest movers and shakers.
Marsh to acquire Bluefin from Axa for £295m
Global broker Marsh is continuing its UK SME push after reaching agreement with Axa over the acquisition of national broker Bluefin.
ICA launches disaster awareness media campaign for cyclone season
The Insurance Council of Australia is raising awareness of the upcoming cyclone season by taking out radio, online and print media adverts.
QBE joins Underwriting Agencies Council
QBE's Australia and New Zealand arms have joined the Underwriting Agencies Council in Australia and New Zealand.
Two dead in New Zealand as powerful earthquakes shake South Island
A series of aftershocks have hit New Zealand after a magnitude 7.8 earthquake struck near Kaikoura - 93 miles from Christchurch - just after midnight.
Insurers that fail to adopt business management platforms risk being 'left in the dark ages'
Insurers that opt for Excel spreadsheet over more advanced methods of business planning are at risk of being ‘left in the dark ages’, industry professionals have said.
This week: Elections, new woes and results
This week was an historic week for the world as it watched Americans choose their 45th president.
Insurtech start-up targets barriers faced by Generation Rent
An insurtech start-up will enable tenants to take up a rental contract without putting down a deposit.
Fusion partners with Tokio Marine Kiln in £150m deal
Fusion has revealed a £150m capacity deal with Tokio Marine Kiln.
MIB claims database 'can be used at the point of quote'
A database of recorded claims commonly used to catch fraudsters can be used at the point of quote, the Motor Insurers' Bureau said.
Zurich replaces Sharma with Tulsi Naidu as UK CEO
Zurich has appointed Tulsi Naidu as CEO of its UK business, replacing Vibhu Sharma.
Gable shareholders to meet to determine company’s future
A meeting will take place this afternoon to give Gable shareholders a final opportunity to inject fresh capital into the business.
SSP says recent outage ‘no way related’ to original service fault
SSP said the outage that affected brokers yesterday has nothing to do with the original problem that affected the Solihull data centre.
Allianz sees drop in operating profit due to high catastrophe claims
Allianz has experienced a drop in operating profit in its property and casualty business due to a high number of catastrophe claims.
Chubb bolsters Singapore senior team
Global insurer Chubb has made several senior appointments in Singapore.
SSP brokers face new service outage as confidence hits 'rock bottom'
Brokers using SSP Pure are facing new woes after the platform went offline this morning after just a month of normal service.
Zurich UK reports 44% profit following restructure
Zurich’s UK general insurance division saw business operating profit rise by 44.5% in the third quarter of 2016, despite an 8% drop in gross written premiums.
Beazley refocuses portfolio after GWP fall in standard lines
Beazley has seen flat gross written premiums even as it sees declining income from its core lines of marine, property and political risk.
Gallagher to provide broking services to the university of Manchester
Arthur J Gallagher has been granted the approval to provide insurance broking services to the University of Manchester on an exclusive basis.
Zurich's Q3 global profits bounce back to $1.2bn
Global insurer Zurich registered 2016 third quarter operating profits of $1.2bn compared with $256m in Q3 2015.
Munich Re's Q3 profits rise 31%
Reinsurance giant Munich Re has seen its profits climb 31% in the third quarter of 2016 compared with the same period last year.
Brokers welcome Crawford's Gallagher appointment
Brokers have welcomed the news of Charles Crawford’s appointment to UK operations director at Gallagher.