Commercial
Willis exec jumps ship for rival broker
Executive director and major client advocate at Willis Finex Global, Mike Earp, has resigned to take up a senior post at Aon, Insurance Age understands.
Willis revenue rises as commissions increase 3%
Willis has announced a 2% rise in revenues to $3.34bn (£2.08bn) for the year ended 31 December 2010 (2009: $3.26bn).
Further 200 roles axed at Lloyds
Lloyds Banking Group has made 200 job cuts, mainly within its insurance division, as part of an ongoing integration programme which has resulted in 26,000 job losses in two years.
THB reports 32% increase in broking profit
THB Group has reported a 5% rise in fees and commission to £48.4m (2009: £46.2m) for the year ended 31 October 2010.
Brightside building commercial aggregator
Brightside Group has confirmed that it will be using newly acquired technology company Quote Exchange to build a commercial insurance comparison site.
Ex-Towergate trio reunited at Barbon
Barbon Insurance Group has confirmed the appointment of Brett Sainty as its new head of business for Cadogan Keelan Westall.
HSB focuses on North London with new development hire
HSB Engineering Insurance has appointed Chantell Scott as development executive with a focus on North London and the surrounding areas.
Brightside expects to meet stock market profit expectations
Brightside Group has announced that it expects to meet stock market expectations of £6.5m-£7m in profits after tax for the year ended 31 December 2010.
Reportage - Risk management: The commercial menu
Risk management is often touted as a way in which brokers can differentiate themselves from their competitors. Edward Murray asks why it is not offered to commercial clients as standard.
Reportage - Commercial property: Businesses under the weather
Louise Phillips examines the risks facing commercial property when it comes to weather and how brokers should advise their clients to prepare for the worst and put in place measures to limit damage.
E-commerce: Commercial market struggles to meet fraud prevention demand
As the capacity for online small to medium-sized enterprise (SME) trading increases, the commercial insurance market continues to lag behind in fraud prevention, according to APC underwriting director, Ian Russell.
Director's and Officer's: A D&O deluge
Emmanuel Kenning takes an overview of the D&O sector and asks where the market will go next after a host of developments in 2010.
Schemes news: 'Smart scheme' to double Gent & Craig's GWP for dental policies
Northern Ireland broker Gent & Craig Insurances has boosted its presence in dental surgery insurance following the creation of a 'smart scheme' by specialist insurer UK General.
Power hour: A flood defence drought
The coalition has already announced that flood defence spending is to be cut. With the Statement of Principles due to run out in 2013 this month's discussion focuses on the possible impact for insurance. Emmanuel Kenning reports from Manchester.
Agenda: KIC 2010 results and 2011 outlook
Letter to president Petrov Arverbeyev Kazakhstan Insurance Company
News review: January 2011
Groupama announced its plans to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.
Viewpoint: Changing tactics
The market is buzzing with talk about the introduction of variable commission on individual commercial policies. Malcolm Smith asks what the implications will be for brokers, insurers and policyholders.
Prime Professions hits back
Prime Professions has rejected claims it is struggling financially and had been in discussions with Aon about a takeover late last year.
Delay to Bribery Act should not distract businesses, says PWC
The Ministry of Justice (MoJ) has confirmed that the Bribery Act, due to come into force in April, will be delayed until it has issued further guidance to businesses.
Jelf Insurance Brokers set for 'aggressive' growth despite dip in revenue and profits
Premium finance arrangements are the reason behind the shortfall in Jelf Group’s insurance business, says chief executive Alex Alway.
Saffron continues growth spree with Chris Semmens merger
Saffron Insurance has merged with Baldock-based Chris Semmens (Commercial) Insurance Broker.
Arista opens Leeds office
Arista Insurance has expanded its branch network to seven by opening a new permanent office in Leeds.
Simply Business claims commercial insurance platform first
Simply Business has launched what it says is the commercial insurance industry’s first live online tracking platform for its customers going through the claims process.
UK General Insurance targets smaller brokers with launch of commercial property scheme
UK General Insurance has added to its smart schemes initiative with a tailored commercial property scheme targeting upwards of £150,000 gross written premium.