Post - 2010-05-20
Former insurance broker and new Conservative MP Andrew Stephenson has described being an intermediary under the Labour government as a "nightmare".
Oxygen Insurance Brokers has fired an opening salvo in a potential legal battle with The Insurance Partnership after it hired four members of staff from the firm's Leeds office.
Staff that remain in the broker First City's pension scheme have learnt their retirement pots could be hit by a shortfall of as much as 60%.
Amlin has reported gross written premium (before deduction of brokerage) rose 32.1% for the four months ended 30 April 2010 to £964.0m (30 April 2009: £729.7m).
Zurich's European general insurance chief executive officer and former Royal Bank of Scotland Insurance CEO Annette Court, pictured, is to leave the business "by mutual agreement to pursue other opportunities".
The Financial Services Authority has warned of brokers exposure to corruption in its review of anti-bribery and corruption systems and controls.
Towergate believes that there is a healthy appetite among US investors if it goes ahead with a bond issue in the near future. The consolidator postponed its original £665m placing last week, and will bide its time until the beginning of July to see if…
The insurance industry has called on the government to review its regulatory proposals, after plans to scrap the Financial Services Authority were thrown into confusion.
Non-direct motor insurers and brokers will soon be able to compete head on with their direct counterparts, following the launch of a new data bureau that will validate claims, credit and vehicle data at the point of sale, according to its founding…
Coverzones chief executive Simon Ball has vowed the online commercial aggregator will make a profitable return to the SME market within months.
The five most popular stories at postonline.co.uk over the past seven days were:
Assurex Global is poised to appoint Miller as one of two new UK partners, after a long search to replace HSBC Insurance Brokers as its main UK representative.
The Competition Commission has reaffirmed its decision to provisionally introduce a point-of-sale prohibition on payment protection insurance.
Last week's decision by Towergate to cancel its £665m bond issue did not come as a great surprise.
Allianz chief executive Andrew Torrance has conceded the insurer has lower expectations for 2010, after its operating profit fell 10.7% in the first quarter of the year.
Groupama will target business from the major professional indemnity insurers after launching its first standalone PI product aimed at small to medium-sized enterprise businesses.
Brightside is aiming to set up an insurer panel for Ecar and Ebike after confirming plans to acquire them.
As we enter the uncharted political waters of a coalition government, it is perhaps worth noting that the current uncertainty is really nothing more than the continuance of a process of change that has been going on for well over two years, to which some…
Dual Corporate Risk is to begin underwriting professional indemnity cover for Lloyd's brokers after it secured £5m liability capacity from IGI Insurance Company.
Loss adjuster MYI has expanded its Scottish operation with the appointment of former Garwyn liability specialist Stuart Main.
Aviva is poised to offer members of its Broking Independence Group access to the London market via Lloyd's broker Miles Smith.
The 2010 UK Broker Awards are open for entries. Now in their 17th successful year, the awards are the UK's only broker-focused industry ceremony, recognising excellence and innovation in the sector, from small local brokers to strong regional and…
Oxygen has opened an office in Bristol and appointed two new employees. The corporate risks office is headed up by former Marsh employee Vikki Wiltshire, who is joined by Julie Donkin (pictured), recruited from Heath Lambert in February as a new business…
CCV operations director Roger Brown has left the consolidator Post has learnt.
Giles Insurance Brokers has appointed seven new members of staff at its Llantrisant-based head office.
Bluefin has acquired the general insurance business of Peterborough-based GM Towns & Partners for an undisclosed sum.
Cunningham Lindsey is offering its surveyors an improved training programme, as part of a plan to diversify and grow its surveying services division.
Clyde & Co has appointed Ivor Edwards to join its London corporate insurance team.
Questgates has completed the final stage of its acquisitions from Teceris, announced on 11 February this year.
The latest insolvency index from Experian has revealed a year-on-year fall in business insolvencies during April in the UK.
We welcome the new government's commitment to a compassionate society, one that values fairness and responsibility and the pledge by David Cameron to look after the frail, the elderly and the poorest in society.
Garwyn claims the appointment of Xchanging's former chairman of global sales Stewart McCulloch as its new chief executive signifies the loss adjuster's desire to become more relevant to its customers across a wider range of risks.
The shortlist for the Post Claims Club Rising Star Awards 2010 has now been announced.
Markerstudy has become the latest company to join the Insurance Fraud Bureau.
Despite the recession, Keelan Westall's head Ben Wright tells Mairi MacDonald the business has ambitious expansion plans.
Outsourcing has suffered from a poor reputation in recent years, with reports of dismal service from third parties. Ian Gilmour examines why, and how this can be addressed.
It is interesting that Mr Charlton is so keen to pass judgement on the British Damage Management Association, with which he has had no involvement for a number of years (www.postonline.co.uk/1636110).
Elizabeth Duffy reveals the results of recent research into what corporate risk managers look for when selecting a broker partner — and what frustrates them.
With a number of new entrants over the past 18 months, Birmingham looks a lively place to do business. Leigh Jackson reports on the upsurge of activity for the city.
Marsh recently predicted an increase in initial public offerings. Amy Ellis looks at what is actually happening and the impact on the wider insurance community.
The insurance market is increasingly becoming a multinational multi-currency industry and this can bring benefits. But, as John O'Neill reports there are also dangers associated with this in the current climate.
Noble v Owens (Court of Appeal — 18 March 2010)
Davenport v Farrow (Queen's Bench Division — 18 March 2010)
Maga v Trustees of the Birmingham Archdiocese of the Roman Catholic Church (Court of Appeal — 16 March 2010)
A team of three British explorers have reached the North Geographic Pole, following a 60-day scientific survey across the floating sea ice of the Arctic Ocean.
I feel I have gained a great deal of experience during the recession with my current employer, but that this is not being recognised internally in terms of the promotion I deserve. How easy is it to move up the career ladder externally at the moment?
Manchester-based broker CBG Group has bolstered its expanding team with the promotion and appointment of five graduates.
There must be something that rubs off on the England cricket team where Brit Insurance is involved.
A new business plan for Quinn Insurance to re-open its commercial insurance lines in the UK was handed to the Financial Regulator last week.
Insurance 360, Post's sister research and consultancy arm, now has its own website.
MMA is to make its master tradesman and offices and surgeries products available with SSP.
Clear Insurance Management has opened a new office in the City of London as part of its growth plans.
Jonathan Hughes examines the findings of recent analysis of insurer shareholder returns and finds that big is not necessarily better.
Subscribers to Post can now read the latest edition online as a digital interactive e-book.