Articles by Callum Brodie
Beazley highlights lack of personal accident cover at Winter Olympics
Up to half of the 6000 athletes currently competing at the Winter Olympics in Sochi could be doing so without adequate personal accident insurance, according to Beazley.
One in six households face Flood Re exclusion, claims Hiscox
Hiscox is seeking urgent talks with government ministers ahead of the Water Bill passing through parliament, after claiming one in six households are currently excluded from Flood Re.
Axa praises Canadian police after rare artefact is recovered
Axa Art has praised the efforts of its loss adjuster and police authorities in Canada following the recovery rare and valuable Persian Achaemenid bas-relief panel.
Two men arrested amid investigation into data leak by Aviva staff
The Insurance Fraud Enforcement Department has confirmed two men were arrested and bailed as part of an investigation into two separate reports of theft of information at Aviva.
'Value over volume' focus takes its toll on GWP at Lloyds Bank
Lloyds Banking Group’s general insurance business saw its combined operating ratio increase by five percentage points to 77% last year, while gross written premiums reduced by 8% to £1.3bn (2012: £1.4bn).
Tulloch to kick-start flood funding talks after visiting policyholders
Aviva UK chief executive Maurice Tulloch has played down suggestions the insurer should channel funds earmarked for UK infrastructure investment into improving flood defences, but has vowed to act as a facilitator for industry talks with government on…
Claimant solicitors demand FCA probe into hidden motor insurance profits
Thompsons accuses Axa and Aviva in submission to Transport Select Committee.
DLG's Maddock replaces Morris as MIB chairman
The Motor Insurers Bureau has named Direct Line Group claims and business services managing director Steve Maddock as its next chairman.
Drumm-owned business to pick up pieces following Eric withdrawal
Coast Underwriting is preparing to put an A-rated reinsurance programme in place to offset the fallout following the decision by the unrated European Risk Insurance Company to stop accepting new business, renewals or requests for coverage increases.
Patel to take on group legal counsel role at BH in April
Brokerbility Holdings has appointed Jitendra Patel as group legal counsel.
Ex-Wilby associate director to lead Bluefin's Skipton branch
Bluefin has appointed Tracey Weston to the position of branch director at the broker’s Skipton office.
Positive market response leads LWI to pursue global growth
Energy loss adjuster Lloyd Warwick International is planning on opening new offices and recruiting “stars of the future” in a bid to support international growth.
Octo buyer to utilise telematics nous to penetrate Russian market
Renova Group is hoping to penetrate the Russian insurance market by tapping into telematics technology following its acquisition of Octo Telematics in a deal that is reported to be worth €408 million (£249m).
Lee to head up client management for Ace in the UK
Ace Group has appointed Nick Lee as head of client management for the UK and Ireland.
PM vows to use £100m Defra fund to improve flood defences
David Cameron has described Environment Agency chairman Lord Smith’s assertion that decisions must be made on whether to prioritise town or country as a “false choice” and has pledged an additional £100m on flood defences.
Millburn administrators appoint Certo to handle indemnity claims
Certo Loss Adjusters has been appointed by the administrators of Millburn Insurance Company to deal with indemnity claims.
Household premiums tipped to rise as adverse weather takes hold
Property premiums could be set to rise in 2014 as mounting flood losses begin to take their toll on insurers, according to Deloitte insurance partner James Rakow.
Unrated carrier Eric no longer accepting new business
The European Risk Insurance Company appears on the brink of collapse after advising it is no longer able to accept new business, renewals or requests for coverage increases.
Cunningham Lindsey on the scene following Clacton gas explosion
Cunningham Lindsey has confirmed it is dealing with 10 separate property claims following a gas explosion in Clacton, Essex, which has left 10 people injured and destroyed two homes.
Beazley tipped to cope with 'challenging' 2014 as share price heads skywards
The stock market is expected to continue to respond favourably to Beazley’s “impressive” 2013 results, according to Westhouse Securities analyst Joanna Parsons.
Beazley records its lowest COR since 2002 listing
Beazley shaved seven percentage points off its 2012 combined operating ratio of 91% in chalking up the lowest COR since the insurance firm became a public company 12 years ago.
Workforce and technology concerns remain despite SME optimism
Small and medium sized business owners are now less concerned about risks facing their operations than at any time over the past 18 months, according to Zurich’s SME risk index.
Marsh report highlights falling UK insurance rates last quarter
Insurance rates in the UK mirrored those of Continental Europe and Asia-Pacific in falling in the fourth quarter of last year, according to Marsh’s latest global insurance market quarterly briefing.
RSA commits to Edinburgh by opening new trading site
RSA has opened a new trading site in Edinburgh following feedback from brokers in the region.