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Thai flood losses set to escalate - Insurance News Now

Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…

Towergate losses hit £21.3m

A second quarter report from Towergate has revealed the broker lost £21.3m in the first half of the year, up from £13.7m in the same period of last year.

My best 11 Paul Muir, One Answer Network

One Answer Network managing director, and possible Crystal Palace fan, Paul Muir selects this week’s Best XI for a potential insurance start-up firm. Muir has chosen a blend of underwriters and brokers as well as football icon David Beckham to skipper…

Towergate appoints independent non-executive director

Subject to Financial Services Authority approval, Towergate Insurance has announced the appointment of James Strachan to its board as an independent non-executive director, and chairman of the group risk and compliance committee.

APC brings in Wesson for broker push

Commercial insurance underwriting agency APC has hired Towergate’s Nicholas Wesson as a business development manager to support its expanding panel of brokers in the north of England and Scotland.

My best 11: Alistair Steward, Questgates

Alistair Steward, director at loss adjusting company Questgates, names his Best XI for a potential start-up insurance company. Steward has chosen from the insurance elite, the celebrity world and the galaxy of football stars to select his dream team.

Market moves: All change at the trade bodies

With insurer moves slower than last week, this week has seen a number of changes among the trade bodies, with the Chartered Institute of Loss Adjusters, the |British Insurance Brokers’ Association and Federation of European Risk Management Associations…

Interview - Matthew Reed: The challenge is everything

With insurance as his third career, Matthew Reed, Axa Commercial’s managing director of intermediary and direct, has risen rapidly up the ranks. Amy Ellis finds out how previous experiences have invested him with the determination to turn the insurer…

Biba names Homer as chairman

The British Insurance Brokers’ Association has announced that Andy Homer will become chairman of the trade association in January 2012.

Your say: Breaking old ground

I could have taken exception with Keith Stern giving the impression he is a pioneer in the UK provinces attracting business into the Lloyd’s market, but that would have been counterproductive.

MGA data requests rise as Solvency II bites

Managing general agents will have to provide insurers with more detailed data to drive down the costs of implementing 
Solvency II, according to an underwriting and claims director at Towergate.

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