Insurer
Gallagher's Ross eyes 'Ronaldo-type business' signings in personal lines
Arthur J Gallagher’s appointment of Adrian Brown signals a temporary transition from a commercial lines focus to an “adrenaline surge” into the firm’s personal lines offering, according to Gallagher International chief executive David Ross.
Axa overhauls PL intermediary for development underwriter model
Axa is to embark on a radical restructure of its personal lines intermediary division, providing brokers with more access to underwriters in their own offices.
Axa's Karen Hogg resigns three months into strategic partnerships role
Axa’s director of strategic partnerships Karen Hogg has resigned just three months after stepping into the role.
PL market 'underserved' by commercial-focused brokers says Brown
The personal lines market remains poorly served by commercial-based brokers according to newly appointed Gallagher executive chairman of underwriting and distribution Adrian Brown.
British Insurance Awards 2014 shortlist video
On 9 July 2014, Post will celebrate 20 years of the renowned British Insurance Awards, and what a spectacular two decades it has been.
RSA tipped to review scale of UK operation following Brown departure
Industry commentators are unanimous Adrian Brown’s departure from RSA is a loss for the company amid suggestions group chief executive Stephen Hester could now look to downsize its UK operation.
Quindell signs deal as Ebitda rises
Quindell has reported gross sales of almost £163m in the first quarter of 2014, as its subsidiary 360 Globalnet has agreed two five-year property claims deals worth £20m with an unnamed direct UK insurer.
Novae to manage Stride MGA Portus Underwriting
Stride Insurance Group has launched a new managing general agent facility for property owners insurance backed by the Lloyd’s market.
Calls for tougher sentences for heritage crime backed by Ecclesiastical
Ecclesiastical has described government proposals for tougher sentences for criminals damaging heritage and faith buildings as “a positive step in the fight against heritage crime”.
Brindle’s departure to spark short-term uncertainty
Investment bank Espirito Santo says the “shock announcement” of Richard Brindle’s departure from Lancashire Holdings will initially be taken negatively by the market.
Post magazine – 17 April 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Lorega launches online tool for brokers
Lorega has launched an online quote-and-buy facility for brokers allowing access to its range of commercial products for SME clients.
Aviva simplifies Italian life joint ventures
Aviva has reached an agreement with UBI Banca and Unicredit to restructure its life joint ventures in Italy.
Brindle retires from Lancashire amid leadership shuffle
Lancashire Holdings founder and group chief executive Richard Brindle is retiring from the business at the end of the month.
Disability charity says home insurance websites discriminate against disabled
Badly designed websites could be leaving major UK home insurers exposed to potential discrimination lawsuits by excluding more than 11 million disabled consumers from purchasing cover online.
Gallagher CEO Ross hails 'huge hire' of RSA stalwart Brown
Arthur J Gallagher has welcomed the hire of RSA UK and Western Europe chief executive Adrian Brown to its board.
Industry promises claims handling improvement after review finds issues
Regulator’s investigation highlights concerns over customer experience.
Brown quits RSA to take on role at Arthur J Gallagher
RSA UK and Western Europe chief executive Adrian Brown has resigned from his role and is to join the board of Arthur J Gallagher as executive chairman of underwriting and distribution.
Caution urged against using widescale exclusions in cyber policies
Insurers are facing calls to stop embedding sweeping exclusions into cyber policies following the emergence of the internet-based Heartbleed bug and Microsoft discontinuing protection updates for its Windows XP operating system.
Editor's comment: A tough act to follow
As clichés about getting on in the world go, ‘it’s not what you know, it’s who you know’ is about as well-worn as it gets.
Myanmar opens its borders
Myanmar has opened its doors to private insurers for the first time in more than 50 years, with opportunities for foreign players expected to follow next year writes Nicky Burridge.
Profitability under pressure at Chinese insurers, says Towers Watson
Softening rates, increased expenses and loss ratios will see China's insurers profitability come under increasing pressure according to Jenny Lai, consultant, property and casualty insurance, China, Towers Watson.
Claims Club News - 9 April 2014
All the news from Post’s Claims Club event on 9 April.
Career development: BGL launches executive programme with French business school
BGL Group has developed a new director-level programme in collaboration with French business school INSEAD.