Brit Insurance
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.
Brit still in profit at H1 2011 despite 15.5% COR hit for major claims
Brit Insurance has this morning reported that its profit before tax was £6.8m for the first six months of 2011 (30 June 2010: £77.5m). Excluding the effect of foreign exchange on non-monetary items it was £1.6m (30 June 2010: £72.8m).
Sport - Olympics: The Olympic challenge
With only 12 months to go until the opening ceremony, Rachel Gordon attempts to break through the veil of secrecy and assess the insurance industry's role in the London 2012 Olympics.
British Insurance Awards 2011: Spot the difference
COMMERCIAL LINES BROKING INITIATIVE - SME/MID CORPORATE - WINNER - AON
Brit appoints property treaty head
Brit Insurance has appointed Jon Sullivan head of property treaty reinsurance. He is expected to take up the role in the autumn.
Career development & CSR: National Cricket Day bowls school over
Volunteers from Brit Insurance went back to school to help with the creation of a 'dream' cricket school to mark the company's National Cricket Day. Along with a host of cricket-related VIPs, the volunteers, including chief executive Dane Douetil, helped…
Tax exemption option could lure back firms
Firms that have redomiciled for tax purposes could consider returning to the UK if a government-driven consultation on corporate tax for controlled foreign companies leads to substantial legislative changes, according to Pricewaterhouse Coopers.
Escott returns to London market as Capita MD
The former boss of Brit Insurance's UK business has returned to the London market commercial space with Capita. Brent Escott — who worked for the Lloyd's group between 2002 and 2007, holding the position of managing director of the UK division, before…
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Brit joins Power Place panel with D&O offering
Newly appointed Power Place panellist Brit Insurance is to launch directors & officers’ liability cover to the marketplace later this month.
M&A - market update: Coming together
Merger and acquisition activity is finally on the rise following a long period of stagnation. Daniel Dunkley looks at what is behind the increase.
Brit opens Lloyd’s company in Australia
Brit Insurance has confirmed the opening of a new Lloyd’s service company in Sydney, Australia.
LMA announces new board members
Lloyd’s Market Association has announced the results of its 2011 board election.
Brit lands Aviva REC book
Brit Insurance has won JLT’s book of business for the Recruitment and Employment Confederation (REC) from Aviva.
Energy - overcapacity: Getting plugged in
The energy insurance sector is buzzing at the moment, but Rachel Gordon investigates whether the good times are sustainable.
Atkinson Smith and Brit Insurance launch online self-build offering
Atkinson Smith and Brit Insurance have launched an online quote and buy system as part of their self-build (new build) and home extension/conversion scheme.
Broking supplement - Commercial rates: A war of words
The soft commercial lines market has heated up recently, as insurers accuse each other of failing to put prices up. Rachel Gordon reports on this bitter war of words.