Articles by Callum Brodie
Trade credit firms insuring record turnover amid economic upturn
An improving UK economy has seen trade credit insurers providing more cover to businesses than ever before, insuring turnover worth £315bn in 2014, according to figures by the Association of British Insurers.
Aviva to become Norwich City community partner as sponsorship ends
Aviva has vowed to remain closely involved with Norwich City Football Club despite the insurer announcing that it will no longer serve as the club’s main sponsor.
Arc Legal doubles its Northern Irish LEI book with two new schemes
Arc Legal Assistance has strengthened its presence in Northern Ireland with two new legal expense insurance schemes, that combined have more than doubled its book of business in the province.
Lloyd's drones report highlights safety, security and surveillance concerns
Insurers are likely to demand greater risk mitigation measures from drone operators amid concerns around safety, security and surveillance, according to a Lloyd’s report.
SME ambitions behind Marsh interest in Jelf but integration remains an issue
Marsh’s potential acquisition of Jelf would allow the global broker to realise its SME ambitions and extend its regional presence, according to industry insiders who have warned the possible integration process must be handled carefully.
CII members upbeat on business prospects amid upturning economy
The majority of Chartered Insurance Institute members are anticipating an upswing in their financial performance over the coming year as optimism regarding the UK economy gathers momentum.
Higher reserve releases drive 6% increase in Admiral motor profits
Admiral CEO Henry Engelhardt has branded the opening six months of 2015 “a good start to a challenging year” after the insurer delivered a 1% increase in group pre-tax profit to £186.1m (H1 2014: £184.9m).
Towergate bolsters London broking teams with triple hire
Towergate has appointed former Willis development director Richard Morgan to the role of sales and service director for its newly established City branch.
CEO change at Cunningham Lindsey Ireland as Cregan replaces Ryan
Cunningham Lindsey Ireland has promoted Gillian Cregan to the role of CEO following more than 15 years at the loss adjuster.
Poor customer service and jargon driving motorists to switch insurer
Problems with understanding motor policies have been highlighted by more than half of the customers that took part in a Consumer Intelligence poll designed to understand what drives behaviour around switching insurer.
QBE Europe eyes full year growth after delivering soaring H1 profits
A benign catastrophe period and continued favourable prior accident year reserve development have been credited for an 184% increase in insurance profit to $278m (£178m) at QBE European Operations at the halfway marker.
FCA ends Quindell investigation in light of SFO probe
The Serious Fraud Office’s decision to launch an investigation into previous business and accounting practices at Quindell has led to the Financial Conduct Authority discontinuing its own inquiry.
Insurers pessimistic about swift NIHL claims drop despite government action
Government-led measures to clamp down on unmeritorious industrial deafness claims will not trigger a short-term decline in record-breaking claims volumes, according to industry bosses, although the prospect of a Medco extension has been mooted as a long…
CMC boss jailed for bogus police car collision claims against Travelers
A claims management company director has been jailed for 12 months for his part in pursuing claims on behalf of an unknowing group of schoolboys who had been involved in a collision with a police car.
Quindell names technology expert Mukerjee as CEO
Embattled outsourcer Quindell has appointed technology and industrial sector stalwart Indro Mukerjee as its new group CEO.
Win England vs Ireland rugby tickets by completing the Post quiz
For your chance to win a pair of tickets to the England vs Ireland 2015 QBE International at Twickenham on 5 September complete this week's Post news quiz.
ERS delivers £2.8m loss as transformation project takes its toll
Broker-only motor insurer ERS has attributed costs associated with its ongoing transformation project and reduced investment income as drivers behind it delivering a £2.8m loss in the first half of 2015.
GRP backs £25m premium Northern Irish broker's MBO
Northern Irish broker Abbey Bond Lovis has completed a management buyout backed by insurance investment vehicle Global Risk Partners.
Miss England contestant and semi-pro footballer jailed for whiplash fraud
A former Miss England contestant and ex-semi-pro footballer has been jailed for two months alongside another woman after attempting to defraud Esure out of £3000 for a false whiplash claim.
EBA's European presence key as Nexus makes acquisitive swoop
Nexus Underwriting Management has acquired specialist managing general agent and Lloyd’s service provider EBA Insurance Services in a move to bolster its growth strategy via EBA’s European stronghold.
Video: Roger Brown – CEO of ECIC
In the six years since taking over as CEO at building and construction contractors’ insurance specialist ECIC, Roger Brown has presided over transforming the business from being £5m in the red to one that generated £3.9m in pre-tax profits last year.
Wunelli hires ex-Axa personal lines distribution boss Cavanagh as VP
Former Axa personal lines intermediary distribution director Selim Cavanagh has been appointed to the role of vice president of telematics firm Wunelli by parent company Lexis Nexis.
Claims environment blamed as Esure motor profits tumble by 80% in H1
Esure’s underlying profit before tax plummeted by 21.3% over the course of the past year, with the figure for the first half of 2015 standing at £46.5m (H1 2014: £59.1m).
RSA loses telematics director Skerrett to Trak Global
RSA telematics director Bob Skerrett has left the insurer to take on the role of managing director of Trak Global’s insurance division.