Articles by Callum Brodie
PMI broker Chase Templeton completes second M&A deal of the week
Acquisition-hungry Chase Templeton has sealed its second sizeable deal of the week with the purchase of Brighton-based intermediary Medical Insurance Advisers.
ABI calls for one year minimum learning period for young drivers
The Association of British Insurers has reignited its lobbying campaign around the need to introduce graduated driving licencing and is calling for the new government to publish a green paper on the matter.
Pool Re modernisation initiatives to launch in October
Pool Re modernisation initiatives including an updated SME proposition, risk reflective pricing and enhancements to the customer experience will take effect from 1 October.
Biba 2015: Biba and Mactavish to unveil Insurance Act guide for brokers
The British Insurance Brokers’ Association and insurance governance specialist Mactavish are set to launch an introductory guide to the Insurance Act 2015 at the annual Biba conference tomorrow (13 May).
ULR Additions to rebrand as Motorplus
ULR Additions has vowed to refocus on the products and services “in which it excels” following a rebrand that will see the company name changed to Motorplus.
Brightside and Southern Rock reach out of court settlement
Brightside and Southern Rock bosses have reached an “amicable” settlement of all claims following a dispute in a number of areas that commenced in May last year.
Gallagher merges GIS with UK retail and creates single underwriting unit
Gallagher Insurance Solutions managing director Martin Oliver will report in to incoming UK retail CEO Stuart Reid following a restructure at Arthur J Gallagher International.
IRM unveils guidance to ensure Solvency II risk models are 'fit for purpose'
The Institute of Risk Management’s Internal Model Industry Forum has published a guidance document based on its research into the effective validation of risk models created by the insurance industry to comply with the requirements of Solvency II.
Biba unveils holiday home scheme alongside Intasure
The British Insurance Brokers’ Association has launched its first ever holiday home scheme in partnership with specialist Arthur J Gallagher subsidiary Intasure.
Chase Templeton snaps up SME broker Get Private
Private medical insurance specialist Chase Templeton has boosted its presence in the SME sector with the acquisition of London-based intermediary Get Private.
Trio of broking businesses rebranded by Brokerbility
Brokerbility will rebrand its three trading businesses as Brokerbility Insurance Brokers from 1 June in a bid to support strategic growth plans.
Case managers guide to be published alongside rehab code this summer
Proposed changes instigated as part of a revised rehabilitation code will include a separate process for lower-value injuries and the introduction of an accompanying guide for case managers.
Markerstudy launches affinity 'super division'
Gibraltar-based personal lines insurer Ultimate Insurance Company co-founder Paul Hampshire will lead a new affinity “super division” launched by Markerstudy Group.
Peter Blanc becomes exec chair at Aston Scott following MBO
Aston Scott Group has completed a management buyout funded by private equity firm Bowmark Capital.
Reserve releases and low cat losses aid 30% rise in Zurich UK GI profits
Zurich’s UK general insurance CEO Vibhu Sharma has described a 30% rise in business operating profit as “the obvious highlight” in his firm’s opening quarter results for 2015.
Telematics performance bolsters RSA personal motor growth in Q1
RSA has attributed “strong performance” in its telematics offering as the driver of 14% growth within its UK personal motor business, which chalked up £57m of net written premiums in the first quarter of 2015 (Q1 2014: £50m).
L&G direct sales growth a result of 'enhanced digital capabilities'
Legal & General recorded a 16% year-on-year increase in gross written premium within its direct business in the first quarter of 2015 despite a 4% drop in total GWP over the same period.
The Burley Group agrees refinancing package with Yorkshire Bank
Sheffield-based commercial broker the Burley Group is plotting new business wins and investment in recruitment after completing a six-figure refinancing deal with Yorkshire Bank.
Young motorists unimpressed with efforts to reduce cost of driving
Six out of 10 young drivers polled by Carrot Insurance claim the coalition government has not done enough to tackle the cost of driving, with 26% stating they will not be voting in tomorrow’s (7 May) general election.
Davies appointed as claims partner by MGA Modus
Loss adjusting firm the Davies Group has been appointed by Modus as claims partner across all lines following a competitive tender process.
DLG sees GWP dip marginally in Q1 as costs plummet 10%
Direct Line Group has delivered a 0.9% dip in gross written premiums for the first quarter of 2015 after attributing a 1.3% reduction in in-force policies to a fall within its partnerships channel.
Increasingly complex risks spark calls for overarching leadership
Company boards should consider appointing “an executive voice” to focus on their organisations' most important and strategic risks, according to a report claiming that boards are failing to navigate increasingly complex risks.
Ex-Towergate director Bartlett becomes Axa's northern branch boss
Axa Commercial Lines and Personal Intermediary has finished compiling the senior management team for its branch operation with the appointment of Lisa Bartlett as regional director for the north.
XL Catlin company name to be launched as protracted takeover is concluded
The takeover of Catlin by XL will result in the combined entity being marketed as XL Catlin as part of a global advertising campaign to be launched next week.