Broker
Market moves: Recruitment drive shows positive outlook
The actions of the insurance industry seem to indicate it is refreshingly optimistic about the prospects for UK plc. Despite the phrase 'double-dip' re-entering the popular consciousness, insurance has stormed ahead with determination to grow its way to…
News analysis - professionalism: brokers slow to embrace Aldermanbury Declaration
The Aldermanbury Declaration is a year old this month and the Chartered Insurance Institute (CII) has signed up nearly 200 brokers, insurers, loss adjusters, claims companies and managing agents. However, despite this early success, particularly with…
News analysis - regulation: brokers warned off overseas insurers
Brokers have been warned to take heed of current legal restrictions when they consider working with offshore providers.
Industry moves to reassure brokers over ECJ ruling
The broker-facing insurance community has moved to allay concerns brokers might have following the announcement by the European Court of Justice (ECJ) that after 21 December 2012 gender cannot be used as a factor in calculating insurance premiums.
JLT reports £20m leap in profits
JLT has reported a healthy 2010 with profits after tax coming in at £90.7m, an increase of nearly £20m on last year.
Markerstudy buys part of Auto Windscreens
Markerstudy has confirmed that Trifords, part of its group of companies, has acquired selected assets from the liquidation of Auto Windscreens.
Insurance Age blog: FSCS - time to go to war?
So I ask, is it time for a court case? Has diplomacy failed and is it time to wield the big stick with a class action?
Bluefin chief calls for Aldermanbury Declaration to be precondition of agency
Bluefin chief executive, Stuart Reid, has called for commitment to the Aldermanbury Declaration to be a precondition of securing an insurer agency.
1 Answer Network breaks through 50 member mark
1 Answer Network has signed four new members in February lifting its total member tally to 52.
CCV signs Aldermanbury Declaration
Cullum Capital Ventures (CCV) has joined sister company Towergate in signing up to the Chartered Insurance Institute’s Aldermanbury Declaration.
LV experiences rapid growth and profit hike but takes £30m hit in December
LV experienced accelerated growth in 2010, increasing premiums by 45% to £1.18bn, but recorded an underwriting loss of £43m.
Biba lobbies Office of Fair Trading on PMI
The British Insurance Brokers' Association (Biba) has welcomed the Office of Fair Trading’s private healthcare scoping paper but urged it to address the activities of private medical insurance (PMI) companies.
Gallagher continues growth plan with Woodbrook buy
OIM Underwriting, Arthur J. Gallagher International’s current MGA platform, has acquired all of the assets and business of Woodbrook Underwriting Agencies.
Biba rallies brokers to lobby Parliament on FSCS fees
The British Insurance Brokers’ Association (Biba) has contacted members urging them to write to their Member of Parliament regarding the escalating cost of the Financial Services Compensation Scheme (FSCS).
Lockton recruits former chairman of RICS in Scotland
Lockton has appointed Janey Milligan as a consultant to its professions team in Scotland.
Video interview: Peter Cullum on Towergate's refinancing
Days after Towergate Partnership announced the completion of its refinancing and £200m investment from private equity firm Advent International, founder and chairman Peter Cullum CBE spoke to Post about what now lies ahead for the broker.
New CEO at Brightside’s insurance broking division
Brightside has appointed Alan Sanderson in the new role of chief executive officer for its insurance broking division.
Two promotions at Towergate
Towergate has promoted Keith Harrison and Keith Jackson to the positions of chief operating officer, commercial underwriting and commercial director of commercial underwriting respectively.
Heath Lambert reportedly in takeover talks
Arthur J Gallagher International is in takeover talks with London market broker Heath Lambert, say sources close to the company.
NIG's rates guarantee is suicidal according to Groupama CEO
Groupama Insurances CEO, François-Xavier Boisseau, has fired a broadside at NIG and its controversial ‘guarantee to beat’ rate offer to brokers, describing the move as suicidal.
Plum attributes growth to broker demand for non-standard cover
Plum Underwriting has reported a 54% increase in sales for the year ending June 2010 and revealed that it has more than doubled its agency base.
Lord Sheikh returns to broker market
Conservative peer Lord Sheikh has launched insurance broker and underwriting agent Macmillan Sheikh.
Enterprise Rent-A-Car denies it wants brokers out of claims process
Enterprise Rent-A-Car has called for an amendment to the Road Traffic Act to ensure reporting of accidents to insurers, even in cases where the at-fault driver has admitted liability, is made mandatory.