Post - 2010-04-29

Ex-Hero boss plans start-up

Ian Meyer, a director at Capita Insurance Distribution, is poised to leave the firm to set up his own brokerage, Post has learnt.

Two aggregators relist Quinn as ban is relaxed

Confused and Compare the Market have allowed Quinn back onto their panels after the Financial Regulator gave Quinn Group the green light to write motor insurance cover for provisional driving licence holders in the UK.

Hiscox tops poll

Hiscox has been ranked as the best performing insurance brand according to the Reputation Institute's UK Pulse Report 2010, which measures corporate reputation among the general public.

CII revenues rise

The Chartered Insurance Institute has reported a 7% increase in overall revenues to £32.3m in 2009 (2008: £30.3m).

Thinktank questions IMF

Insurance thinktank, The Geneva Association, has issued a letter to the Central Bank Governors of the G20 in which it claims the financial stability tax proposal of the International Monetary Fund fails to adequately address the distinct nature of the…

Chartis CEO scans Europe for possible HQ location

Lex Baugh, president and chief executive of Chartis Europe Holdings, has refused to rule out any insurance centre on the continent as a possible headquarters for the newly established group.

Co-op chief hits out over asbestos

The head of general insurance at Co-operative Financial Services has accused the industry of shirking its responsibility by continuing to oppose the formation of a pool for asbestos-related employers' liability insurance claims.

Markel builds trade credit team with hires

Markel International intends to build its trade credit division on an excess-of-loss insurance offering after three more senior underwriters joined the insurer from Ace Group.

Governance consultation

The Central Bank and Financial Regulator in Ireland have announced the start of a public consultation on new corporate governance standards for banks and insurance companies.

Aerospace cost declines

The price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row, according to Aon's Aerospace insurance markets outlook 2010 report.

Questgates appoints two

Questgates has strengthened its counter-fraud team with the appointment of Sally Maeers and Mark Woodhead.

C&G subsidiary launch

Congregational & General Insurance is set to launch a subsidiary MGA named Integra Insurance Solutions, generating £9m of extra homeowners income, according to the firm.

Kwik fit to hire 70

Insurance intermediary Kwik Fit plans to recruit 70 people at its Uddingston call centre. Kwik Fit said positions available include outbound sales and customer service jobs, as well as internet sales roles to support the company's growing online business.

Aviva to run more ads

Aviva is to run further press and radio advertisements advising businesses to seek help and advice through a broker when buying their business insurance.

Oxygen extends reach with Dubai broker move

Oxygen Insurance Brokers has agreed a deal with Dubai-based intermediary Brokerage World Solutions that will see it service its UK business currently handled by rival brokers including Jardine Lloyd Thompson, Marsh, and Willis.

Samian eyes UK brokers after Safeonline deal

Independent Lloyd's broker Safeonline has acquired Samian Underwriting Agencies. The transaction, which completed on 15 April, saw all Samian's business and the four members of staff joining the 12-strong team at Safeonline.

Interview - Mike Webb: Computing the cloud crisis

The recent volcanic ash cloud has brought travel insurers such as Mondial Assistance under the microscope. Jonathan Swift talks to the firm's EMEA regional director Mike Webb about the impact of Eyjafjallajökull and why prices need to rise for a more…

Comment - Deafness claims: Have you heard?

Noise-induced hearing loss claim volumes show no sign of abating following a recent precedent. David Pugh explains how Lord Justice Jackson's proposals could at least stem the costs.

Biba is always full of nuggets

The British Insurance Brokers' Association always throws up some surprises. Snooker legend Steve Davis speaks to Post about why he will be there promoting professionalism in the industry.

Conflict of interest rules nothing new

I read with interest the article 'CILA fends off conflict of interest criticism’( in relation to the proposed revision of the Chartered Institute of Loss Adjusters' guide to professional conduct. However, I am struggling to…

Seeing double

It has been claimed overlapping during vehicle hire could be costing the insurance industry millions of pounds. Edward Murray investigates the how much of an issue this really is.

Centor triumphs at IIP awards

Carly Nunn, HR, IT and business projects manager at Centor, has won the Outstanding Individual Award at the first Investors in People London Special Achievement Awards.

New fraud manager for Allianz Retail

Graham Knight has been appointed as fraud manager for Allianz Retail, a new role within the division created to develop and co-ordinate the insurer's non-claims fraud prevention strategy.

RFIB Group makes two appointments

RFIB Group has appointed Charles Vermont as a broker in its specialty division and Jeannette Smith as associate division director to its North American division.

Marsh expands Maidstone operations

Marsh is expanding its Maidstone operations by appointing Steve Adams and John Bellingan to drive its new business development and client servicing strategy in the South-east.

Penny Black's insurance week

Penny is still hearing stories of the marathon journeys endured by a host of folk to get home during the recent airspace shutdown, one of which literally showed the "Dunkirk spirit" of the UK insurance market.

Post Magazine 29 April 2010

Highlights from this week’s digital and interactive issue of Post include Jonathan Swift’s interview with Mike Webb, EMEA regional director at Modial Assistance, to try and find out more about the impact of Eyjafjallajökull, and how it will impact on the…

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