Analysis
White paper: Guidance on applying for corporate chartered status
The Chartered Insurance Institute's (CII) document, Guidance on applying for corporate chartered status, is a key publication for any broker thinking of pursuing the path to chartered status.
Market moves: Blockbuster moves
Cinema-goers are currently flocking in their masses to see Batman take his final stand against deadly villain Bane. It comes just a few weeks after Spiderman came back to spin to his web once more against perilous enemy, the Lizard. What has this got to…
Market moves: Silly season for appointments
The summer ‘silly season’ is just around the corner, when pickings are thin for newspapers and trade magazines. However, in the run up, there has been no dearth of appointments with brokers seemingly hell-bent on outdoing each other in the recruitment…
Market moves: The shareholder spring
Without a doubt the biggest management change last month, indeed of the year so far, was that of former Aviva group CEO Andrew Moss who fell on his sword following a shareholder revolt over executive pay. There is no word as to what he will be doing next…
Market moves: Ready for regime change
It was all about big names and big moves last month. The Financial Services Authority (FSA) lost two big players as it approaches the end of its reign as regulator.
Market moves: Mad for it
Last month things went a bit mad in Manchester, with two insurers and an MGA creating brand new teams in the city. There were numerous other appointments across the insurance spectrum, and what most of them had in common was the city that gave us Oasis.
Market moves: A good month for the management
It’s well into the new year but the insurance industry is certainly still ringing the changes. As usual, there were moves between rival companies, with Willis losing a COO to Aon, and Lifestyle Services dipping into Ace for a new CEO.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Market moves: restructures and resignations
The blood is well and truly covering the floor this month with three high profile departures and the sacking of an entire board. But there was better news for one of their peers who has found his way back into the market in double quick time. What has…
Market moves: Dave new world
For the first time in a long time Scotland had a relatively quiet month, although Glasgow welcomed a new Mitsui Sumitomo branch. The insurer also made a senior appointment in Manchester, which was quite a hub of activity in November, with Arista and MMA…
Insurers return to the regions
Moving underwriters to regional offices is just one way insurers have tried to get closer to brokers in 2011
November is the cruellest month
Fears of spiralling market conditions sparked as spate of unfortunate events hit brokers
Post Intelligence Benchmarking - Loss adjuster insight: Hitting the bullseye?
Insurance 360 takes another look at the performance of loss adjusting firms to reveal who is performing well and who needs to raise their game.
Biba and IIB merger goes ahead
Trade bodies promise stronger representation as merger is finally completed
Levelling the field
Smaller brokers may be able to compete on level terms in personal lines after the introduction of new data enriching software
Brokers demand big changes in FSCS review
Trade body prepares to lobby FSA to get brokers a better deal in review of compensation scheme
It’s tough at the top
Is the spate of high-profile departures at the top of large industry players indicative of deeper troubles in the market?
Add-ons: the next PPI scandal?
OFT’s call for evidence on ancillary products in private motor could uncover wide-spread mis-selling
Gender pay gap wider than ever
Study finds female junior insurance executives get paid more than males but gap remains at senior level
Smaller brokers may get locked out of SME sector by aggregators
SME aggregator market dominated by two large players may mean brokers get left behind
Brokers react to Quinn return
Rumours of Sean Quinn making a return with an offshore insurance vehicle have caused a furore throughout the UK insurance market, with some brokers demanding preventative regulatory action.
Do insurers have referral fee trick up their sleeves?
Brokers fear impact of insurers changing Tobas to tackle referral fees
Acquisitions on the rise
“We’ve seen more activity this year than last. Everybody I speak to wants to buy books of business, get in new teams or do small acquisitions. There is certainly the appetite out there for buying up businesses”
See you in court?
The demise of no-win no-fee could leave many SMEs unable to pursue claims in court