Commercial
What the papers say - June 2011
In this month’s edition of What The Papers Say, Insurance Age editor Martin Friel and senior reporter Emmanuel Kenning discuss the biggest stories in insurance with Paul Upton, chief executive officer of Evolution Underwriting.
Swinglehurst's accounts in lockdown
Lloyd’s insurer Swinglehurst has reportedly had its company accounts frozen after running into tax diffculties.
Quinn to continue writing UK business until 2012
Quinn Insurance will continue issuing new UK policies until the end of 2012, despite its new owners only buying its Irish operations, according to reports.
Markerstudy breaks into commercial motor with broker buy
Markerstudy Group has acquired Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Axa raids Towergate for IT director
Axa Commercial Lines has appointed Ross Burns, formerly of Paymentshield, as the new IT director in Amanda Blanc’s senior leadership team.
APC revamps hoteliers and guest house owners policy ahead of Olympic tourist surge
APC has announced the re-launch of its hotel and guest house product with area rating designed to help brokers service UK proprietors looking to take advantage of the expected nationwide surge in tourist numbers resulting from the Olympics.
Reap the rewards
A growing SME market could provide an ample harvest for brokers and insurers, says David Overall.
Sign up now for the 2011 Prince's Trust Insurance Cup
With the 2010/11 football season over, whether your team finished top, rock bottom or stuck in mid-table obscurity, it’s time to start looking forward to The Prince's Trust Insurance Cup.
Market moves: Team players and fresh faces
They say a problem shared is a problem halved. And the same, elusive “they” also say that many hands make light work. Clearly the insurance community has been spending a lot of time with “they” as teamwork has been the buzz phrase in this month’s…
Brokers unconvinved by signs of market hardening
Lone suggestion that the commercial market could be on the cusp of changing is dismissed by rest of market.
Willis claims industry first with grey fleet scheme
Willis has launched a pay-as-you-go insurance scheme to address issues arising from allowing staff to drive their own cars on business - the so-called grey fleet.
British Insurance Awards 2011: shortlist announced
Today Post editor-in-chief Jonathan Swift is proud to unveil the shortlist for the 2011 British Insurance Awards.
Significant leadership changes at Zurich's commercial broker division
Following the recent changes in its UKGI commercial broker division, Zurich has announced further key appointments.
Barbican and Glemham part ways
Barbican Insurance Group has confirmed it is to cease providing underwriting capacity to Glemham Underwriting.
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.
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.
Cooper Gay gives UK structure a makeover
Cooper Gay has restructured its UK business, Cooper Gay, into three core trading units.
Blanc's restructure sees Gill depart from Axa
Axa Commercial Lines has announced that Dave Gill, the customer delivery director for the commercial intermediary branch network has left the business.
RSA's Donaldson on the move in managament shuffle
RSA has made some significant changes to its senior management with a shuffle that may have direct implications for brokers.
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.
Biba 2011: Young broker and Francis Perkins Award winners named
The British Insurance Brokers’ Association has named Alexandra Dredge of Thomas Carroll (Brokers) as its national Young Broker of the Year, and John Foster of Foster Leighton as winner of the Francis Perkins Award.
Biba 2011: Contingent Commissions not a “big deal” for Aon
Aon president Greg Case has stressed the issue of contingent commissions in the US were never a major issue as the broker instead focuses on “transparency” it offers its clients.