News
Jack Straw attacks referral fee “racket”
In an article published in The Times, Jack Straw Labour MP for Blackburn has spoken out about the “dirty secret” that drives up motor insurance.
FCA will be "tougher and bolder" than FSA
The Financial Services Authority has outlined how its successor body charged with conduct and market regulation will be “tougher, bolder and more engaged with consumers".
2014 is better Solvency II start date, say 60% of Aon Benfield conference delegates
Aon Benfield has released new findings that show 60% of European insurers attending its recent International Analytics conference think 2014 would be a better starting date for Solvency II.
Broker Assistance creates new sales and marketing director role
Broker Assistance has appointed Juliette Tarrant sales and marketing director, a newly created position designed to drive the firm’s growth across all customer and product lines.
2014 is better Solvency II start date, say 60% of Aon Benfield conference delegates
Aon Benfield has released new findings that show 60% of European insurers attending its recent International Analytics conference think 2014 would be a better starting date for Solvency II.
Ecclesiastical appoints director of group internal audit and compliance
Ecclesiastical has announced the appointment of John Schofield as its director of group internal audit and compliance.
Whitaker to take Plum MD role
Underwriting and broking group Somerville Holdings has promoted David Whitaker to the role of managing director at its specialist household subsidiary Plum Underwriting.
Ascot increases 2011 capacity by £50m
Ascot Underwriting has increased its capacity from £600m to £650m to support its 2011 business plan.
Government puts speed cameras under spotlight
The numbers of accidents and casualties at speed camera sites both before and after the cameras were installed is to be published by local authorities.
Pay tops £1k per day for Solvency II actuaries
Actuaries working on Solvency II projects are commanding wages of more than £1000 per day as insurers rush to become compliant with the new rules.
Chubb names Ireland business development manager
Chubb has appointed Patrick Mettler to the role of country and business development manager, Ireland, effective 1 July 2011.
Groupama launches online commercial product
Commercial brokers are wasting valuable time chasing commercial combined quotes, according to a survey of brokers by Groupama Insurances.
Pay tops £1k per day for Solvency II actuaries
Actuaries working on Solvency II projects are commanding wages of more than £1000 per day as insurers rush to become compliant with the new rules.
Chubb names Ireland business development manager
Chubb has appointed Patrick Mettler to the role of country and business development manager, Ireland, effective 1 July 2011.
JLT wins police contract
The South East and Eastern Region Police Insurance Consortium, which represents a total of 12 police authorities, has appointed JLT Public Sector Risks as its insurance broker on an initial three-year contract.
Arthur J Gallagher swoops for Lloyd's broker business
Arthur J Gallagher (UK) has acquired part of the liability and affinity portfolio of Lonmar Global Risks.
Exclusive technology content now available on Post Europe
Post Europe’s weekly update is now live with an article on the role of technology in the international private medical insurance market and a View from the Top on the perils of facing companies if they choose to ignore social media in their product…
RFIB granted licence in Saudi Arabia
RFIB Group, the Lloyd’s insurance and reinsurance broker, has been granted an intermediary license by the Saudi Arabian Monetary Agency to conduct insurance and reinsurance business in the Kingdom of Saudi Arabia.
Exclusive technology content now available
Insurance Insight looks at the role of technology in the international private medical insurance market; and a View from the Top examines the perils facing companies if they choose to ignore social media in their product recall plans.
Solvency II will be delayed because of 'lack of urgency'
The head of insurance at actuarial firm Barnett Waddingham has said Solvency II will be delayed because other European countries do not have the “same sense of urgency” as the UK.
Towergate acquires Kent broker
Towergate Insurance has acquired BWA Insurance Services trading as Beric Webb Associates.
Solvency II will be delayed because of 'lack of urgency'
The head of insurance at actuarial firm Barnett Waddingham has said Solvency II will be delayed because other European countries do not have the “same sense of urgency” as the UK.
FSCS announces board appointments
The Financial Services Authority has appointed Liz Barclay, Jayne Nickalls and David Weymouth as non-executive directors to the board of the Financial Services Compensation Scheme.
Motor insurers pay out £1.24 for every £1 premium earned
One in four UK third-party motor claims now involves a bodily injury element according to Towers Watson.