News
Ace increases reserves
Bermuda-based Ace has increased reserves by $2bn (£1.2bn) to cover asbestos lawsuits and settlement...
Commercial - BNU offers policy for small to medium risks
Broker Network Underwriting has launched a new commercial combined policy called BNU SME aimed at s...
Legally monitoring staff
Q: What measures can I take to keep an eye on my staff and how much surveillance can I do while sta...
FSA: enforcement drive
The Financial Services Authority plans to step up its enforcement and intelligence in 2003. The reg...
The difference between business shares and assets
Q: I am looking to buy an insurance broker and the vendor has offered to sell his shares in the bus...
Appointment at Hardy Underwriting
Ian Ivory has been appointed a non-executive director of Hardy Underwriting. Chartered accountant M...
RSA sticks with Colossus
Royal & SunAlliance has signed up for seven more years on CSC's personal injury system, Colossus. T...
Appointment at Watson Wyatt
Consulting firm Watson Wyatt has made Philip Brook global head of insurance and financial services ...
Appointment at Rubicon
Rubicon has employed Donna Birthwright as group legal adviser. Her role includes preparing the grou...
Appointment at Software Solutions Partners
Software Solutions Partners has strengthened its application project team, appointing Gary Peate as...
Linaker buys Brian Chubb Insurance
Broker consolidation continues apace in the West Country, with the news that Linaker Insurance Brok...
A-C targets SME credit risk
Allianz Cornhill is piloting a credit insurance scheme for small businesses in conjunction with Eul...
FSA to give special attention to outsourced processes
Outsourced processes that brokers have handled for years will be scrutinised by the Financial Servi...
Appointment at Aon
Stuart Hutchings has been appointed corporate business unit head for Aon's Bristol office. Mr Hutch...
Roadshow Soundbites
Elizabeth Adams, senior partner, employment department, of Beachcroft Wansbroughs, said: "Sexual an...
S&P's corporate governance scores increase in popularity
Good corporate governance has become increasingly important in the post-Enron and Independent econo...
Small world
As IT developments facilitated the globalisation of business, mega-brokers were expected to dominate but recent trends indicate companies are looking towards niche players. Alec Finch explains why the independents are gaining market share.
Tailoring schemes to fit
Advances in technology and the growth of 'one size fits all' packages have left schemes brokers wondering how they fit in. David Williams says expert advice is still valuable as long as brokers ensure they measure up by embracing the move to e-commerce.
Harrison Beaumont is acquired by the R3 Group
The R3 Group has acquired Harrison Beaumont Insurance Brokers, based in Witney, Oxfordshire. Ha...
Appointment at McParland Finn
Specialist liability broker McParland Finn has made Gary Housecroft manager of its corporate and sc...
Directors warned over FSA enforcement plans
The Financial Services Authority is lobbying for the power to investigate suspected breaches of acc...
The tie that no longer binds
Underwriters are finding the new Lloyd's monitoring process and anticipated Financial Services Authority regulation unattractive and this could spell the end for binding authorities.
Primary Broker Services outlines growth ambitions
Commercial underwriting agency Primary Broker Services aims to significantly expand during 2003 thr...
Misleading information on EL
Despite the fact it comes from the head of communications at the British Insurance Brokers' Associa...