Articles by Callum Brodie
Groupama ties up deal with motor broker Adrian Flux
Groupama has announced a deal today under which the group will underwrite a new non-standard motor insurance scheme for specialised motor broker Adrian Flux.
Lorega boss 'welcomes' market competition ahead of DAS launch
Lorega chairman Malcolm Harvey has welcomed the decision by DAS to launch a rival market offering, stating that "imitation is the sincerest form of flattery".
Charterfields makes corporate valuation double appointment
Charterfields has expanded its corporate valuation team with the appointment of Paul McCann and Mike Havis, who join the international asset consultant from Edward Symmons.
Transport Select Committee chair "encouraged" by whiplash response
The Transport Select Committee's 13th special report has reiterated members' commitment to access to justice while also expressing encouragement at the government's "willingness" to clamp down on fraudulent whiplash claims.
Randall & Quilter suffers after tax loss following goodwill charge
A £13.5m goodwill impairment charge has resulted in bosses at Randall & Quilter announcing an after tax loss of £488 000 in 2011, following a 2010 profit of £6.4m.
RSA chief to target 'smallish' opportunities outside the UK
RSA boss Simon Lee is eyeing growth outside the UK with the acquisition of a number of "bolt-on" businesses, while also suggesting he is not ready to launch a big money raid anytime soon.
Poole-based broker Alan & Thomas snaps up aviation specialist
Alan & Thomas Insurance Group has acquired specialist aviation, SME and personal insurance broker Emery Little.
Am Wins and New Mountain Capital complete $1.3bn partnership deal
Am Wins has today revealed a growth-oriented recapitalisation partnership with New Mountain Capital in a deal worth approximately $1.3bn (£820m).
BAFSA report calls for government rethink on high-rise sprinklers
The British Automatic Fire Sprinkler Association has hit back at a government report describing the installation of sprinklers in high-rise flats as "not practical" by producing a 'safer high-rise living' guide to support its call for change.
Underwood steps down as Colement chairman
The chairman of Lloyd's broker Colemont Insurance will step out of the hotseat on 31 May having spent seven years with the firm.
Direct Line to support IPO by raising debt
Direct Line bosses are thought to be clearing the way to raise debt in order to achieve a £3.2bn IPO – making it one of the UK's biggest recent stock market listings.
Canopius unveils 'significant' executive committee shake-up
Canopius has today announced a major shake-up of its group executive committee which sees Steve Manning promoted to group chief operating officer.
Aviva sale of US life assurance business could raise £1bn
Aviva group chief executive Andrew Moss has allegedly revealed that the firm may consider offers worth around £1bn for its US life assurance business, according to reports in the FT.
Supreme Court decision could save insurers £100m per year, claim Zurich fraud bosses
Zurich fraud bosses are confident of setting a "ground-breaking" precedent by which fraudulent third-party claimants are left empty handed, as part of a long-running legal battle which could save the industry £100m per year.
Hyperion denies strategic shift to broking amid IPO plans
Hyperion boss David Howden has denied analyst suggestions that the decision to part company with CFC Underwriting could herald a shift towards a broking focus in light of an upcoming IPO bid.
Euler Hermes boss rejects talk of Thomas Cook pull out
Euler Hermes director Mark Wyatt has denied reports stating that his firm has pulled its cover on Thomas Cook, insisting the business continues to write "significant levels of cover" for the travel company.
Reinsurance sector "strong" despite 3% drop in capital
Global reinsurer capital was down by 3% to $455bn (£286bn) last year, according to the Aon Benfield Aggregate analytics report, but the sector has been described as remaining strong.
Transactor boss revels in rising turnover and record acquisitions
Transactor Global Solutions is expecting to announce a combined group turnover of more than £6.5m following a year in which business acquisition reached a new high.
Finch returns to Bluefin following Gallagher u-turn
Bluefin has confirmed the reappointment of former employee Stephen Finch, just one year after he left the firm to join Gallagher Heath.
Cooper Gay appoints Southwell as head of operations
Cooper Gay Swett & Crawford has appointed former Beazley and Willis employee Gavin Southwell as head of operations.
Broadspire unveils double appointment for push into specialisms
Broadspire has confirmed the appointments of Clare Ginders and Pauline Rainey in a bid to expand its UK expertise into catastrophic case management and specialist vocational rehabilitation.
Broking bosses widely supportive of QBE swoop for Brit
New Oval chief executive Peter Blanc has expressed his “delight” after hearing the news that Brit’s UK regional business has been snapped up by QBE, rather than falling into the hands of a domestic rival.
Major marine losses a cause of concern for underwriters
The number of substantial losses to the global marine fleet continued last year, with latest figures produced by the International Union of Marine Insurance reporting 591 ‘serious losses’ to date.
NIG targets Scottish SME expansion
NIG has vowed to strengthen its Glasgow-based team by recruiting extra underwriters and phasing renewals handling back to the city in a bid to explore opportunities in the Scottish SME market.