Articles by Callum Brodie
Maiden partners with Nissan on three-year retail insurance deal
Nissan Motor (GB) has appointed Maiden Insurance as its retail insurance partner as part of a move to allow customers to purchase their policy through a Nissan quote and buy website.
CMC regulator and Apil back ethical marketing charter
An ethical marketing charter geared towards clamping down nuisance marketing and bad practice by rogue operators has been backed by the Claims Management Regulator and the Association of Personal Injury Lawyers.
Blog: GI hopes high on FCA successor as Wheatley is shredded
The soon to be deposed Financial Conduct Authority CEO Martin ‘shoot first ask questions later' Wheatley this week admitted he is "disappointed to be moving on with a sense of unfinished business".
Sure Thing plots recruitment drive after promising first year
Scottish-based motor broker Sure Thing claims it has outstripped pre-launch sales predictions by 190% after achieving 80,000 live policies in its debut year, with continued growth expected to lead to a boom in recruitment.
Dual acquires MGA Oliva Underwriting
Hyperion underwriting arm Dual has acquired UK-based property and casualty, contractor trades and marine insurance managing general agent Oliva Underwriting.
Horton confident for the future as Beazley racks up 16% rise in H1 profits
Beazley CEO Andrew Horton has hailed an “excellent first half” for his firm after presiding over a 16% year-on-year increase in pre-tax profits to $154.5m (£99.8m), up from $132.9m at the halfway point in 2014.
Bluefin agrees three year deal with legal expenses MGA GLP
Legal expenses managing general agent General Legal Protection has won a new three year contract with Bluefin to provide a range of legal expenses insurance and assistance products to the broker’s personal lines clients.
Motor players warned to innovate amid development of driverless cars
The pressing need for the motor market to alter its business model has been highlighted by the Lloyd’s Market Association and Deutsche Bank this week in light of the ongoing development of driverless car technology.
Charles Taylor teams up with PE firm to buy major stake in software provider
Charles Taylor and global private equity firm The Riverside Company have collectively entered into an agreement to acquire a majority interest in the owner of Fadata AD, a specialist provider of software solutions to the global insurance industry.
Coordinated approach to drone regulation registers on IUA radar
A coordinated approach to the regulation of aviation drones is essential for the technology to thrive, the International Underwriting Association has claimed, amid rapidly expanding interest in the use of small unmanned aircraft systems.
South East storm claims contribute to £160m L&G payout in 2014
Legal & General paid out more than £160m in general insurance claims last year, with the insurer making upwards of 80,000 claims payments to customers who registered a household insurance or lifestyle cover claim.
Crawford strategy boss Drew takes on FD role at Broker Network
Broker Network has appointed Crawford and Company senior vice president Simon Drew to the role of finance director with immediate effect.
Charles Taylor COO Ely to take over from Clarke as adjusting CEO
Charles Taylor chief operating officer Damian Ely will take over from Arthur Clarke as CEO of Charles Taylor Adjusting on 1 January 2016 following the Clarke’s retirement on 31 December.
Exor adds $3 per share dividend to Partner Re bid
Italian investment firm Exor has added a $3 (£1.93) per-share dividend to its offer for Partner Re, in a move that casts further doubt on Partner Re's deal to merge with Axis Capital Holdings.
Biba delivers uptick in 2014 turnover despite 'uncertain' market place
The British Insurance Brokers’ Association recorded a 7% annual increase in company turnover in 2014 to £3.78m (2013: £3.53m).
Towergate Underwriting welcomes LV Broker to home syndicate
LV Broker has joined Towergate Underwriting’s home syndicate alongside Allianz, in an agreement that will run for an initial term of five years and is expected to be worth more than £110 in gross written premium.
Rehabilitation First Awards 2015 shortlist revealed
The shortlist for Post’s annual Rehabilitation First Awards has been unveiled ahead of the 11 September ceremony.
More mega mergers expected as low interest rates and investment returns fuel M&A
Weak investment returns and ongoing soft market conditions have been cited by AM Best as driving factors behind an uptick in acquisitions activity among insurance companies that are seeking to deploy capital and create scale.
Lifting of Iranian sanctions piques interest from German and French insurers
German and French insurance companies are ready to build bridges with Iran after the former pariah state struck a historic nuclear deal with six world powers, according to reports emanating from the Middle East.
Nangka storm unlikely to cause 'significant structural damage' in Japan
Japanese residents and business have been left reeling after the onset of the Nangka typhoon resulted in flooding rain and damaging winds sweeping the country last week, although structural damage is expected to be limited.
Rias warns against lack of cover for summertime lightning strikes
Homeowners should ensure their properties are adequately covered against the threat of summer lightning strikes, over-50s insurance specialist Rias has advised.
Six-strong 'crash for cash' gang guilty of £5.6m fraud
A ‘crash-for-cash’ gang who attempted to con UK insurers out of £5.6m have been found guilty of conspiracy to defraud following a five-week trial at Isleworth Crown Court.
FCA boss Wheatley to step down in September
Martin Wheatley will step down as CEO of the Financial Conduct Authority from 12 September, with executive board member Tracey McDermott leading the regulator for an interim period while a search for a long-term successor is carried out.
Gallagher acquires renewal rights from Coventry-based broker
Arthur J Gallagher has acquired the renewal rights to the commercial and personal lines portfolio of independent Coventry broker Pinnock Bell.