Brit Insurance
Low energy light bulb wins Brit design award
British designer Samuel Wilkinson and product design company Hulger, have won the Brit Insurance Design of the Year 2011 for their redesign of the low energy light bulb.
People moves – 10 March 2011
A round-up of people moves and new appointments in the industry, as featured in the 10 March 2011 edition of Post.
Interview - Jason Stockwood: A match made in heaven
Moving from the online dating world to insurance broking seems an unusual step. Jason Stockwood explains to Daniel Dunkley what he can bring to the sector.
Brit takeover continues
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended again.
Brit appoints terrorism underwriter
Brit Insurance has announced the expansion of its war and terrorism team with the appointment of Charles Barrett as terrorism underwriter.
Brit takeover to complete within two weeks
The takeover of Brit by Achilles is "ahead of schedule", with the deal expected to close in the next two weeks.
Brit Insurance CEO heralds performance in "stodgy" market
Brit Insurance has reported a profit before tax excluding the effect of foreign exchange on non-monetary items of £119.2m in 2010 (2009: £171.3m).
LV turnaround is almost complete, says O'Roarke
LV general insurance managing director John O'Roarke has revealed the task of turning around the business he joined in 2006 is "90% completed", as the firm saw a £33m increase in profit for 2010.
Achilles lowers Brit deal acceptance threshold
Achilles offer for Brit Insurance has been declared unconditional after the private equity consortium lowered the threshold for acceptance on its offer from 95% to 80% of issued share capital.
Motor Claims 2011: Adderson clashes with Smale over motor claims collaboration
Brit Insurance claims manager Paul Adderson has spoken out against Rob Smale, claims and operations director at Ageas, and his view that the motor claims industry should not collaborate.
In Series - Geography & Solvency II: What are the risks for insurers?
With the implementation of Solvency II looming, Sam Barrett asks if insurers are forgetting to look inwards at the risks their own companies face.
Insurer mergers & acquisitions: Is 2011 the time to strike?
After a lean period for insurer mergers and acquisitions through the economic downturn, Daniel Dunkley reports that the first rays of sunlight might begin to show in 2011.
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
Achilles receives FSA and Lloyd's go-ahead for Brit takeover
The Financial Services Authority has today given formal notice of its approval in respect of Achilles' acquisitions of Brit Insurance.
Brit share deal extended for seventh time
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended yet again.
People moves – 17 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 17 February 2011 edition of Post.
NIG defends aggressive “Guarantee to Beat” pricing campaign
Dave Parry, director of sales and distribution at NIG, has defended the firm’s March/April “Guarantee to Beat” pricing strategy, recently advertised to brokers.
Post Intelligence Benchmarking: How do insurers measure up in the high net worth market
High net worth clients demand a high standard of service, as do their brokers, but which insurers are delivering it? Peter Joy unveils the answer.
Brit share deal extended again
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended for a sixth time.
Brit Insurance adds property and packages underwriter
Brit Insurance has expanded its combined property and packages London team with the appointment of Stuart Wolstenholme as property and packages underwriter.
People moves – 3 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 3 February 2011 edition of Post.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Brit share deal extended for fifth time
Achilles' has extended the deadline by which Brit shareholders can accept or decline the private equity consortium’s offer for the company for a fifth time.
Brit appoints property underwriter
Brit Insurance has appointed Robin Murray as property and combined underwriter.