Brit Insurance
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Brit Insurance being monitored after Douetil quits
Following the announcement chief executive Dane Douetil is stepping down from Brit Insurance Holdings, with effect from 27 October, Fitch Ratings has confirmed it will be monitoring the situation closely.
Brit Insurance being monitored after Douetil quits
Following the announcement chief executive Dane Douetil is stepping down from Brit Insurance Holdings, with effect from 27 October, Fitch Ratings has confirmed it will be monitoring the situation closely.
Douetil departs in Brit boardroom coup
The consultant advising Brit Insurance on future strategy, Mark Cloutier, is to replace the insurer’s current chief executive Dane Douetil from 27 October.
In series - Lloyd's & London Market: Social strengths
The CII’s London market faculty New Generation Group is downbeat about Lloyd’s adoption of social media. Post spoke to its members to find out why.
Brit acquires public entity package team from HCC
Brit has opened a new office in Richmond, Virginia to underwrite first dollar package business for the public entity sector.
Clear names Brent Escott as NED
Independent broker Clear Insurance Management has appointed Brent Escott as a non-executive director as part of the firm’s strategy to double its premium income to £50m by 2014.
Top 100 UK insurers supplement - brand analysis: Battle of the brands
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
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…
Argo International adds new non-executive board members
Specialty (re)insurer Argo International holdings has appointed Thistle director Peter Burrows and legacy specialist Phillip Grant as non-executive members of the board of Argo managing agency, which trades as Argo International.
Former Brit boss Burrows takes up Argo board member role
Former CEO of Brit Insurance Peter Burrows has been appointed non-executive board member of Argo Managing Agency.
Lloyd's in danger of being left behind in marine if it fails to evolve
Lloyd’s of London market needs to keep pace with changes in the marine sector as it moves towards greater transparency, says leading shipping underwriter.
Brit wants faster marine claims
London’s shipping insurance market needs to improve claims handling to mirror tighter corporate governance measures in the global container shipping industry, Brit has warned.
Liberty sets sights on ‘significant multiples’ of GWP
Liberty Mutual has doubled its gross written premium in UK commercial lines for the first half of the year, as it looks to open up a Leeds office.
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?
Keelan Westall offers to beat quotes
Wholesale property insurance broker Keelan Westall has launched a ‘guarantee to beat’ initiative promising to beat premiums by 10% for commercial property risks over £500 until the end of the year.
Brit warns about untrained lorry drivers
Brit Insurance has issued a stark warning that shop shelves could be left bare and consumers will struggle to buy essentials such as bread and milk if truck drivers fail to comply with incoming EU driver training rules.
Brit motor boss warns haulage firms over EU regulation
Haulage companies in the UK have been warned they must increase uptake levels in the new EU-wide regime of driver certification of professional competence or else face "devastating ramifications”.
Solicitors face new PI risks in alternative business structure firms
Lawyers who “dabble” with multi-disciplinary practices once restrictions of trading are lifted in October face professional indemnity claims, Brit Insurance has warned.
Insurer estimates hit £750m as city riot damage racks up
RSA, Aviva and Axa are likely to incur the biggest losses from commercial property claims with the latest riot bill estimate hitting £750m, as Post went to press.
Brit brokers reminded to keep policyholders up to speed
Brit Insurance has issued a reminder to all its brokers to ensure that policyholders affected by the UK riots notify the company with detailed information about the claim within seven days.
Thistle aims high despite 2011 losses
JLT chief executive Dominic Burke claims full year trading profits at its underwriting agency Thistle Insurance will eclipse last year's £4.8m, despite making a £246 000 loss so far in 2011.
People moves - 28 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 28 July 2011 edition of Post.
Douetil praises discipline
Brit Insurance chief executive Dane Douetil this week credited disciplined underwriting as the reason the firm managed to stay in the black.