Articles by Caitlin Morrison
Bluefin appoints new HNW chief
Bluefin Insurance has appointed Steve Hook as head of high net worth (HNW).
BP Marsh rules out Towergate swoop as it targets "anything that moves"
BP Marsh is targeting new investment opportunities to make use of the £29.2m generated from the sale of its 80% stake in Hyperion to General Atlantic.
Biba and SEIB team up for new equestrian scheme
The British Insurance Brokers’ Association (Biba) has appointed South Essex Insurance Brokers (SEIB) to provide a new equestrian scheme to its members.
Hyperion plans to go public as equity firm buys 30% stake
Equity firm General Atlantic has agreed to buy 30% of the shares in Hyperion Insurance Group, as the broking group prepares to float.
Bollington names new COO in string of senior appointments
Bollington has appointed David Simpson as chief operating officer, with responsibility for finance and operations.
CII group proposes London Market internship framework
The Chartered Insurance Institute’s (CII) London Market faculty New Generation group has proposed a new internship programme to help young people begin a career in the market.
New broker regulator FCA to focus on add-on products
The incoming Financial Conduct Authority (FCA) is to focus on add-on products and services in the general insurance market.
Firms have no need to fear FCA, says Wheatley
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has stated that the new regulator will be less aggressive than the Financial Services Authority (FSA).
HomeServe to cut 300 jobs
HomeServe is to cut 300 roles in its UK business in an attempt to offset expected reductions in revenue.
Allianz Commercial goes to AIG for new property chief
Allianz Commercial has appointed Anneke Sims as manager, property underwriting.
Direct Line Group chief Geddes paid £1.9m in 2012
Paul Geddes, chief executive of Direct Line Group, received £1.861m total remuneration in 2012.
Lorica set to launch Northampton branch
Lorica Insurance Brokers is to open a new branch in Northampton amid a flurry of appointments.
Open GI and 'forgotten' Powerplace in SME broker launch
Open GI group CEO Chris Guillaume has stated that PowerPlace was "forgotten about" because it was not a priority for Towergate.
Chartered being pushed by consumers
Kate Brooks, underwriting training manager at Ecclesiastical, has added to the professionalism debate stating that chartered status is something society is rightly demanding of the insurance industry.
Chairmen named for incoming FCA practitioner panels
Three new chairmen have been appointed to the Financial Conduct Authority’s (FCA) independent panels.
Swiftcover awarded £17,000 in crash for cash case
Swiftcover has been awarded £3,000 in exemplary damages following the criminal convictions of seven fraudsters.
Axa and Prestige in £150m capacity deal
Axa Commercial Lines and Personal Intermediary has signed a five-year capacity deal worth £150m with Prestige Underwriting Services.
Lark Group sees improved results following Groupama MBO
Lark Group has reported an EBITDA of £5.6m for 2012, up 12% from the £5m reported in 2011.
Aviva splits with Willis Networks
Aviva will not be renewing its participation as an insurer panel member for Willis Networks as of 31 December 2013.
Professionalism: Insurers must support brokers to become chartered
Zurich believes it is important for both insurers and brokers to pursue chartered status as it helps to “drive higher standards”.
Lockton expands regional wholesale team with ex-JLT chief
Lockton has appointed Greg Sands as business development executive at its Lloyd’s and London Market wholesale unit in Manchester.
FSA in private investigator probe
The Financial Services Authority (FSA) is conducting a review into the use of private investigators by insurance firms.
PPI claims handling creates 20,000 jobs
The handling of payment protection insurance (PPI) mis-selling claims has led to the creation of 20,000 new UK jobs.
Cunningham Lindsey aims for European expansion
Cunningham Lindsey has appointed Bill Wilson as director of real estate and high net worth.