Articles by Callum Brodie
Flood deal appears close as Letwin headlines ABI conference
The Association of British Insurers has offered the biggest hint yet that an agreement on implementing its ‘Flood Re’ proposal is imminent, having confirmed that Oliver Letwin MP will deliver a keynote speech at its upcoming conference.
Pro Sight partnership success prompts Yutree to exit Cobra Network
Yutree Underwriting has left the Cobra Network having signalled its intention to become a “truly independent” intermediary.
Keoghs appoints seven partners and promotes 23 associates
Keogh’s has appointed seven new partners and promoted 23 individuals to an associate position, taking the number of staff at the law firm’s seven UK offices up to almost 1200.
Rospa teams up with Sportscover to improve sporting safety
The Royal Society for the Prevention of Accidents has partnered with Sportscover in a bid to boost safety across the UK’s sport and leisure industry.
Marsh continues African expansion with Nigerian broker deal
Marsh has completed its acquisition of Alexander Forbes’ interest in Nigerian insurance broker Femi Johnson & Company.
Oval boosts EBITDA by 15% in 2012
Oval has recorded a 15% rise from £15m to £17.3m in its EBITDA for the year ending 31 May.
UK General makes double regional sales hire
UK General Insurance has hired Jodie Gibbons as regional sales manager for Wales and the South West and Mark Wright to the same role in the North West.
Market Moves: Recruitment race back in top gear with big moves for Towergate, Bluefin and more
After a muted couple of weeks, the recruitment conveyor belt went into overdrive with an array of high-profile appointments and departures. Major moves included Towergate losing its network division acquisition director to rival Bluefin, two days before…
Dataforce names Validus' Dering as business development director
Outsourcing provider Dataforce has appointed David Dering as business development director to lead the growth of the company’s motor claims business.
CGSC hires KBW vice president Homer as global M&A director
Cooper Gay Swett and Crawford has appointed Oliver Homer as global head of mergers and acquisitions.
3D film whiplash injury named in LV report of top rejected claims
A woman who attempted to claim £1000 for a cancelled holiday, having told her insurer she had suffered whiplash injuries after being startled by a 3D film, has been named among LV’s top 10 failed claims.
MA Assist targets SNOL with property claims validation tools
MA Assist claims its new online system will transform the efficient handling of the ‘second notification of loss’ stage in property claims management.
LV Broker unveils EDI specialist motor product
LV Broker has launched a full-cycle electronic data interchange specialist vehicle product under the firm’s highway brand.
Leaked memo outlines hundreds of planned job cuts at Aviva
Aviva has unleashed its next wave of job cuts, two months after the insurer revealed it was to axe 2000 roles globally.
Towergate hands Willis UK president role as Paymentshield director
Towergate has appointed Willis UK president Brendan McCafferty as commercial director at Paymentshield.
Aviva receives ratings downgrade as outlook remains stable
Moody's has downgraded Aviva’s main operating units' insurance financial strength rating to ‘A1’ from ‘Aa3’.
Wood steps down as UK MD as Ecclesiastical reveals management shake-up
Ecclesiastical has unveiled a host of changes to its management structure and leadership team, which has seen the group’s UK general insurance managing director Steve Wood exit the firm.
Esure to be confirmed as FTSE 250 member
Esure is expected to be confirmed as a member of the FTSE 250 at the index series’ quarterly review this evening.
Towergate names Ryan Brown as its new M&A director
Towergate has moved to replace Davies-bound Dan Saulter with the appointment of Ryan Brown as M&A director.
Integro confirms departure of international division bosses
Integro has confirmed the departure of the co-heads of its international division Ron Whyte and Julian Samengo-Turner.
News Review: 13 June 2013
News Review
Market Moves: Broking sector has quiet week apart from a new COO role created at BMS
The recruitment merry-go-round produced a mixed bag of hires this week, with Covéa taking a lead role on behalf of insurers. The broking sector, usually a hive of market hiring activity, threw up little of note – although BMS Group proved the exception…
Marsh report points to rising European trade credit insurance rates
Increasing risk and bad debt losses are fuelling rising European trade credit insurance rates, according to a recent Marsh paper.
Pay for Quindell executives more than doubles in 2012
The amount pocketed by Quindell Portfolio executive duo Rob Terry and Laurence Moorse more than doubled last year, according the outsourcer’s annual report.