News
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.
Pick of the Week
Anthony Gould, editor in chief, Post talks about this week’s major news including: Axa swoops for Lay...
Finch: Verlingue sale secures a bright future
Alec Finch's decision to sell up to French broker Verlingue has been ascribed to issues of successio...
Lloyd's capacity increase
Limited liability Names and UK listed corporates have been the mainstay support in helping Lloyd's i...
Fortis renews Kwik-Fit deal
Fortis and Kwik-Fit have renewed their travel insurance deal for a limited time, pending review. Fo...
Teceris to double its staff in service roll-out
Specialist loss adjusting group Teceris is planning to double staff numbers within 18 months as it l...