Broking Break: Your top five of the week

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Brokers' interest has been piqued by a market withdrawal, a legal order and two court cases.

5) Aspen picks up renewal rights for UK regional property and casualty business from Liberty

Aspen Risk Management and Liberty Specialty Markets (LSM) have entered into a renewal rights agreement for LSM's UK regional property and casualty business.

Under the agreement the business will transfer to Aspen which will manage the existing book and offer renewal terms for policies falling due for renewal on or after 1 November 2016.

Around 40 of LSM's regional property and casualty employees

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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