Broker
Power hour: Break with the past
At a special round table held at Biba 2012 in Manchester, Martin Friel found out what trends face the industry and what brokers can do to survive and thrive in a quickly evolving environment
Reportage: Facing the future
Brokers need to embrace technology and follow the online trend for commercial lines, especially for smaller businesses, writes Edward Murray
How to… make the most of Biba
The after-hours fun at Biba may be what sticks in the mind (or not) after this year’s conference but there are more important things to remember. Make sure you follow up on leads and tell your colleagues about anything useful or interesting you learned…
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…
Consolidators focus on EBITDA
Management keen to highlight underlying performance
Commercial CORs show improvement
Commercial CORs show improvement
Brokers call for level playing field from Europe over commission disclosure
Brokers back transparency over commission fees but demand equal footing with insurers on disclosure
Ever heard of this thing called the internet?
Insurers are losing out on customers because of their shoddy websites, according to research carried out by Global Reviews.
IAG strategic review could be a prelude to sell-off of UK business
Is the Australian insurer looking to unlock capital tied up in its UK operations?
Broker bans reveal regulator’s tough new stance on compliance
FSA bans two brokers sending strong message to non-compliant brokers
Searching for the sales holy grail
Consolidators that want to achieve growth through additional sales may have embarked on a long and ultimately unfruitful quest, Tony Cornell says
Lorica raids Bluefin for Birmingham office hires
Lorica has recruited the current managing director of Bluefin’s Birmingham office and announced two further ex-Bluefin hires.
Fitch hails OFT decision to refer motor market to Competition Commission
Fitch Ratings has welcomed the Office of Fair Trading’s (OFT) provisional decision to refer the private motor insurance market to the Competition Commission.
Hyperion buys Windsor from management
Hyperion Insurance Group has bought Windsor from the management and employees and their institutional backer Hutton Collins Partners for £95m.
Product review: Cleaning up
Cleaning contractors scheme: This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
Products: Westfield’s corporate health product will cover 1,300 surgical procedures
Westfield Health has launched a new corporate health insurance product providing private cover for non-urgent surgical procedures.
Products: ALPS reveals legal expenses and assistance product range
Auto Legal Protection Services (ALPS) has launched a range of six legal expenses (LEI) and assistance products. The new range includes commercial, landlord and family LEI products, new home emergency assistance packages for landlords and homeowners and…
Products: Fish farming specialist takes on role underwriting RSA’s aquaculture book
RSA has agreed to provide Global Aquaculture Insurance Consortium (GAIC) with capacity to underwrite aquaculture business on a global basis alongside an existing Lloyd’s panel.
Lorica appoints former JLT partner
Lorica Insurance Brokers has revealed that Stefan Puttnam, previously a partner at JLT, will join the company as an executive director as of 6 June.
Profits rise at BP Marsh
BP Marsh & Partners, a venture capital outfit with several insurance investments, has announced a consolidated profit after tax of £3.6m.
Kwik-Fit to axe up to 170 jobs
Kwik-Fit Financial Services (KFFS) has confirmed plans to merge its insurance business onto one site with the loss of up to 170 jobs.
Giles not headed for IPO chief exec insists
Brendan McManus, chief executive of Giles Insurance Brokers, has hit back at claims the company’s backers are looking for an exit as he moved to dampen rumours of an imminent market flotation.
Giles losses for 2011 come in at £37m
Giles group has reported a further loss of £37.4m for the year to 31 August 2011 compared to £37.1m in 2010.
CCV wins chartered status
Cullum Capital Ventures (CCV) has been awarded chartered status by the Chartered Insurance Institute (CII).