News
Insurance brokers under threat from huge increase in cost of regulation
The British Association of Insurance Brokers said that the recent invoices received by members from the Financial Services Authority for the 2010-11 fees and levies have highlighted the inequality of the current funding of the Financial Services…
CBG exec director leaves business
Executive director of insurance broking operations at CBG Group Stephen Darcy is understood to have left the company.
London market focused on M&A
Expansion, growth and mergers are highest on a list of issues of most concern to London market brokers and carriers, according to a recent survey.
FSA MD Norris steps down
Mark Norris, chief operating officer and managing director of the Financial Services Authority, has decided to leave the organisation to "seek fresh challenges and opportunities".
Exclusive online interview: Michaela Koller
With the European insurance industry facing a time of increasing regulation and instability, Post Europe recently spoke to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking,…
Exclusive online interview: Michaela Koller
With the European insurance industry facing a time of increasing regulation and instability, Post Europe recently spoke to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking,…
CBG wins nano deal
CBG Group has bolstered its drive into the science and technology sector after being appointed by Manchester-based nanomaterials company, Nanoco Group.
DAS opens up shop in Canada
DAS UK Group has confirmed that its new Canadian subsidiary, DAS Legal Protection Insurance Company, will start writing business in Ontario on 5 July.
CCV buys Bishop Skinner
Cullum Capital Ventures has completed its fifth acquisition of the year, with the purchase of Newcastle based broker, Bishop Skinner.
Dry spell linked to subsidence risk
As the Met Office confirms the first five months of 2010 in the UK to be the driest since 1964, it is likely there could be a rise in subsidence claims, according to Cunningham Lindsey.
RSA sets sights on yachts
RSA is set to launch a new specialist Yacht Alliance policy.
Brit rejects £10.50 share bid
The board of Brit Insurance has posted an update on the progress of its sale negotiations with private investment firm Apollo Global Management.
Aviva revamps technology offering
Aviva has made changes to its commercial combined policies to better meet the needs of customers within the technology sector.
Caribbean risk pool prepares for "above normal" hurricane activity
All 16 members of the Caribbean Catastrophe Risk Insurance Facility have renewed their policies for hurricane and earthquake coverage for the 2010/11 year beginning on 1 June – the start of the hurricane season.
RSA launches new multi-cover SBC product
RSA has launched a new multi-cover small business combined product, designed to meet the needs of small wholesale, manufacturing and warehousing businesses.
Galvin joins Ceiop's board
The Committee of Insurance and Occupational Pensions Supervisors has appointed two new managing board members Bill Galvin (United Kingdom, The Pensions Regulator) and Damian Jaworski (Poland, KNF).
Hurricane Alex losses of $200m predicted
Catastrophe risk modeling firm AIR Worldwide estimates that insurable losses (losses from properties that are eligible for insurance, whether or not they are actually insured) from Hurricane Alex are not expected to exceed $200m.
Loss adjuster opens Swiss office with new hire
Charles Taylor adjusting has expanded its capabilities in onshore energy and industrial property claims adjusting with the appointment of Eric Capewell who will head up its new office in Geneva, Switzerland.
Galvin joins Ceiop's board
The Committee of Insurance and Occupational Pensions Supervisors has appointed two new managing board members Bill Galvin (United Kingdom, The Pensions Regulator) and Damian Jaworski (Poland, KNF).
Fortis confirms acquisition of Kwik Fit insurance business
Kwik Fit Group today announced that it has entered into a binding agreement to sell its UK insurance business to Fortis UK in a £215m cash deal.
Loss adjuster opens Swiss office with new hire
Charles Taylor adjusting has expanded its capabilities in onshore energy and industrial property claims adjusting with the appointment of Eric Capewell who will head up its new office in Geneva, Switzerland.
Post Europe July
Post Europe’s July edition is now live.
Insurance Insight July
Insurance Insight’s July edition is now live.
First Zurich apprentices qualify
The first people in Zurich to undergo a new industry-driven insurance apprenticeship have qualified at their Cardiff location.