Articles by Liz McMahon
Willis splits CEO and chairman role
Willis has appointed Rodney Baker-Bates as an independent non-executive chairman while CEO of Willis UK and Ireland, Brendan McManus has been named CEO of Willis.
Macmillan Sheikh hits ground running with two new schemes
Following its launch, Macmillan Sheikh has unveiled two further schemes designed to provide a range of insurance cover to the cleaning industry and tour operators.
Evolution grows its own talent
Evolution Underwriting has appointed the first member of its new Insurance Professional Trainee intake.
Axa makes a third of its risk surveyors redundant
Axa Commercial has made 30% of its risk surveyors redundant as part of Amanda Blanc’s much publicised overhaul of the business.
Quinn family to take Anglo Irish Bank to court
Sean Quinn’s family has lodged an Irish High Court action seeking damages against Anglo Irish Bank over alleged negligence, breach of duty and intentional and/or negligent infliction of economic damage.
Insurance Age blog: Insurance just got (a bit) sexy
Yesterday was not a good day for Munich Re. A German business newspaper broke a story which has been the most amusing thing I have had to report on for a while or in fact ever. For those of you who managed somehow to escape the story, still the popular…
Aviva loses JLT recruitment book to Brit
Brit Insurance has won JLT’s book of business for the Recruitment and Employment Confederation (REC) from Aviva.
M4 and Allianz locked in talks over capacity provision
M4 Underwriting’s coverholder agreement with Allianz hangs in the balance as the pair continue negotiations, Insurance Age understands.
Regulators reveal PRA approach
The Bank of England and the Financial Services Authority (FSA) have published a joint paper setting out the current thinking on how the future Prudential Regulation Authority (PRA) will approach regulation.
Munich Re held prostitute party
Munich Re rewarded high-performing agents with 20 prostitutes at a party held in Budapest in 2007, according to a story to be published today in German newspaper Handelsblatt.
Conference may hold long term PPI answers
Tomorrow’s conference on banking regulation may provide some much needed clarity on the future handling of payment protection insurance (PPI) complaints, according to Paul Clark, CEO of Charter UK.
Biba queries "misleading" survey on aggregator commission levels
The British Brokers’ Association (Biba) has questioned a recent YouGov survey which stated that the average commission taken by comparison sites stood at 24%.
FOS receives record-breaking number of PPI complaints
The Financial Ombudsman Service (FOS) has published its annual review covering the 2010/11 financial year.
Members force Biba to change PMI scheme
The British Insurance Brokers’ Association (Biba) has withdrawn its private medical insurance (PMI) scheme for members in order to remove a clause that handed all currently held business to its partner Jelf.
Cooper Gay gives UK structure a makeover
Cooper Gay has restructured its UK business, Cooper Gay, into three core trading units.
RSA shakes up marine market with Noble purchase
RSA has confirmed its acquisition of all shares in Noble Marine Insurance Brokers and Noble Underwriting Agencies, for a rumoured £4m.
Liberty takes on 10 new staff to push commercial growth
Liberty Mutual Insurance, the commercial lines operation of Liberty Mutual Insurance Europe, has announced several new staff appointments as part of its drive into the UK’s commercial lines mid-market.
RSA UK growth offset by motor scheme pull out
RSA’s Q1 results have shown an overall rise in UK premiums of 9% to £760m (2010: £697m).
Heath Lambert buy makes Gallaghers a top ten broker
Arthur J Gallagher (AJG) has confirmed it has completed the long touted acquisition of Heath Lambert in a £97m cash deal.
Biba 2011: Trade bodies must work together, says Homer
Insurance industry trade bodies need to join forces to solve the problems surrounding the handling of client money, according to Towergate's Andy Homer.
Overwhelming response to the Big Idea
Broker response to the Big Idea has been fantastic according to managing director of Axa Personal Lines Mike Keating.
Insurance Age and Axa launch The Big Idea
Insurance Age has teamed up with Axa Personal Lines to launch a competition which will result in one broker working with the insurer's innovation team to launch their winning idea for personal lines.
Esure launches broker offering ahead of IPO
Esure has revealed its intention to move into the broker market with the launch of Esure broker.
MMA targets commercial growth through brokers with BDM hire
MMA Insurance has appointed Derek Bradshaw as development manager, in a bid to drive commercial growth through the broker channel.