Broker
Home & Legacy achieves chartered status
The Chartered Insurance Institute (CII) has awarded Chartered Insurance Broker status to high net worth insurance specialist, Home & Legacy.
Aon sees operating income fall 8% in risk division
Aon has reported an 8% fall in operating income for its risk solutions division to $345m (£218m) in the fourth quarter of 2011 from $374m in the same period of 2010.
Groupama increases regional underwriting presence
Groupama has appointed three new regional underwriters to its development underwriting team.
Insurance to pay majority of £221m FSCS levy
The Financial Services Compensation Scheme (FSCS) has estimated the levy on financial services firms for 2012/13 will be £221m, up from £217m in April 2011.
TVL expands with Maestro acquisition
Tasker Ventures (TVL) has acquired Cheshire-based Maestro Insurance Services.
CBG division exits Giles in MBO
Giles has sold the financial services arm of recent acquisition CBG to the management team.
Lorica appoints ex-Towergate director as new COO
Lorica Insurance Brokers has appointed former group director at Towergate Darryl Clark (pictured right) as chief operating officer.
Markel's combined ratio takes a tumble
Markel International has reported a combined ratio of 116% for 2011, in stark contrast to its rate of 95% for 2010.
Arc Legal in SME deal with Swinton
Arc Legal Assistance has signed up to provide Swinton Commercial with a legal expenses policy geared towards protecting SMEs.
Ansvar and WRS team up in charity push
Ansvar’s Millie Swain has linked up with WRS Insurance Brokers as their new on-site development underwriter.
Editor’s letter - February 2012
“It’s not that I want to make you all feel bad it’s just that, for brokers, there hasn’t been a lot to be cheerful about”
Maturing market sees more brokers flit between networks
Increasing numbers of brokers switching providers blamed on “bloody competitive” network market
Lessons to learn from FSA
That broker favourite, the Financial Services Authority (FSA), has taken a bit of a pasting from the Treasury Select Committee which described the soon to depart regulator as too expensive, aloof, bureaucratic and unable to protect customers.
Straw vows to continue pushing on motor insurance premiums
Transport Select Committee calls for multi-government department approach
How long till a hardening market?
Rumours of the impending hardening market may be premature
The truth about redundancy
Is making redundancies always the best option for coping with financial pressure? Peter Done explores the problems and alternatives
Review: Talking tech
CNA Europe technology package product. 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
Product: Stonebridge focuses on printing industry
Stonebridge Corporate has created a new trading subdivision, Print-Insure, to provide cover to the lithographic, digital print and supply industries.
Product: New products to cover digital downloads and cloud computing
Managing general agents have been busy focusing on plugging gaps in the technology-related insurance market.
Product: Axa releases more efficient art offering
Axa Art has targeted the owners of art and other valuable collectible items such as vintage cars, wine and furniture with its new insurance policy, ArtFIRST.
Product: Travelers expands media range with PI products
Travelers has launched two new professional indemnity (PI) products aimed at the publishing and general media sectors.
Product: Equity launches telematics service
Equity Red Star has launched a new risk and vehicle management telematics service for the commercial motor and motor fleet sectors.
Products roundup: Brokers braced for the digital future
It has been a technology heavy start to the year for brokers who have been inundated with new offerings from insurers in this fast evolving sector.
Power hour: Northern lights
Cautious optimism in the local economy and increased insurer presence in Newcastle are just two reasons why the North East market is looking up, reports Martin Friel
