Articles by Callum Brodie
Oxygen to sell off remaining assets - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how market commentators believe large employee expenses and lack of profits are behind the demise of seven-year old Oxygen Holdings, as it prepares to sell off its…
Miller appoints former Marsh man to corporate risks team
Miller has today underlined its commitment to strengthening its corporate risks team with the appointment of Mark Hicks from Marsh.
Ace and Chubb experts lead Lloyd's environment consortium
Lloyd’s has responded to increased demand for higher levels of environment impairment liability coverage by launching its own environmental liability consortium.
ABI to collate members' views on Solvency II consultation
The Association of British Insurers has begun the task of compiling the views of its members following the European Insurance and Occupational Pensions Authority’s decision to launch a Solvency II consultation.
XL Insurance launches Bermuda professional lines department
XL Insurance Bermuda has today announced that it has created a new department within its Professional Lines unit to handle unique, complex insurance risks.
Telematics insurer secures 50 000th policyholder
Telematics-based insurer Insurethebox has today chalked up its 50 000th motor policyholder, just 16 months after the business was launched.
MMA to build on regional success with key appointments
MMA Insurance has moved to further bolster its regional offering with the appointment of five senior figures, following the news of a 50% growth in the sector.
CII launches initiative to boost young professionals
The Chartered Insurance Institute is hoping to bridge the generation gap between today’s industry leaders and tomorrow’s insurance professionals by launching broking, claims and underwriting focus groups.
Geddes says RBSI won't "crack open the champagne" just yet
Bosses at RBS Insurance have attributed a dramatic third quarter operating profit turnaround of £615m over the past 12 months to a combination of factors, including an exit from broking personal lines and general business re-pricing.
Miller poaches professional indemnity expert from Aviva
Miller has today confirmed the appointment of former Aviva professional indemnity expert Mark Carver.
Law report: Security guard claim dismissal good news for employers
This law report has been contributed by national law firm Berrymans Lace Mawer.
Marsh insurance unit increases profit by 24%
Marsh & McLennan Companies’ today announced its risk and insurance services unit made an operating profit of $925m for the first nine months of 2010 – an increase of 24% on the previous year.
BCI survey unearths 'deep-rooted' supply chain failure
Deep-rooted sources of supply chain failure in 62 countries across the globe have been identified following a recent survey carried out by the Business Continuity Institute.
Island targets top spot as captive insurance domicile
Efforts to promote the Isle of Man as the captive insurance domicile of choice have been stepped up a notch following the island’s captive association attendance at the FERMA Conference.
Island targets top spot as captive insurance domicile
Efforts to promote the Isle of Man as the captive insurance domicile of choice have been stepped up a notch following the island’s captive association attendance at the FERMA Conference.
Nexus forms new regional financial lines MGA
Nexus Underwriting Management has today announced the acquisition of the Novae Syndicates regional financial lines portfolio after pledging to establish a new managing general agency in the new year to underwrite the account.
Howden Broking launches energy division
Howden Broking today unveiled the launch of its energy division with the news that sector specialist Alan Brooks will be heading up the new department.
Esure launches two new broking brands
Esure will launch two new broking brands this month, as company bosses prepare to use a panel of external insurers to extend the firm’s reach within the car insurance market.
Biba and IIB reach merger agreement
The leaders of the British Insurance Brokers’ Association and the Institute of Insurance Brokers have announced a “momentous” merger agreement in a bid to produce a combined stance on future regulatory changes.
Mixed reaction to Webster Dixon's High Court success
Legal expenses insurer DAS has called for caution following Webster Dixon’s success in the High Court last week where the circumstances in which legal expenses insurers may not decline a policyholder’s claim were clarified.
County Insurance launches community broker survival business
Bosses at County Insurance NW have today launched a business continuity solution for brokers, after claiming that around 65% of the market will be planning the sale of their business within the next 5 years.
Kennedys boss raises concerns over referral fee 'loophole'
Kennedys has warned that the proposed ban on referral fees, which is currently making its way through the House of Commons, includes a loophole that could allow referral arrangements in through the “back door”.
NAO call on greater flood risk expertise at local level
The National Audit Office claim that local authorities must increase their technical expertise if they are to be given increased powers to identify flood risk and target investment.
No insurance downgrades expected despite Greek exchange
Leading insurers across Europe have been told that manageable exposure to Greek government bonds will mean they will not be downgraded if they accept the EU's offer of a 50% haircut in return for new debt.