Broker
Asia C-Suite: Opportunities abound for independent brokers
Asia-Pacific is a region of vast diversity - culturally, geographically and economically - offering great opportunities for independent brokers writes Sid Garcia.
Towergate to close retail operations at Milton Keynes office amid wider cost cutting
Towergate has confirmed it will close its retail operations at its Milton Keynes office, just a day after CEO David Ross announced his team had identified an additional £7m in savings.
Compass looks to seal MBO from Gallagher in ‘next couple of months’
Compass is deep in negotiations for a management buyout from parent company Arthur J Gallagher, with the acquisition expected to close in "the next couple of months".
Research: State of the Risk Management Nation: Part Three: Services
In the third part of this research, Michèle Bacchus asks the risk managers whether commodotisation is a concern and discusses the merits of the services offered by the insurance industry.
First terrorism travel insurance product launches
A standalone terrorism travel product has been launched to cater to the growing risk of attacks at tourist sites.
Gable moves to reassure brokers following announcement of a company-wide review
Gable has said it will be 'business as usual' until a review commissioned by the company concludes in Q3.
Hundreds of SMEs take insurance complaints to financial ombudsman
More than 850 small business complaints around insurance were received by the Financial Ombudsman Service, with 219 of those about commercial property insurance, according to its 2015/16 review.
Towergate committed to ‘long game’ despite 50% drop in Q1 profits
Towergate said recent investments will not be reflected until the end of the year as it posted an almost 50% drop in profit in its Q1 results.
C-Suite Broker: Bollington's Paul Moors on why broking is like football
As a season ticket holder at Manchester United, every other Saturday I take my seat at the Theatre of Dreams, dreams that haven’t been too pleasant this year
Towergate raids Dual for regional head Joyce to run new 'go to' specialty unit
Towergate Underwriting has recruited Dual Corporate Risks' regional boss Martin Joyce to lead a newly formed specialty business.
Chubb reveals new proposal for European brokers in SME space
Brokers can access a quicker service for SME clients through Chubb’s new easy solutions offering, with quotes issued within 24 to 48 hours following a request.
Broker - Commission: The question of commission
According to some, the trend for insurance brokers to ask for higher commissions shows no sign of abating – but is the evidence there to prove this is true?
Towergate to tackle legacy challenges with specialist unit
A separate reporting unit will manage the simplification of Towergate’s legal structure and legacy issues with the broker’s chief risk officer, Sarah Dalgarno, in charge.
Principal unveils expansion plans for ‘cracking’ new acquisition
Principal Insurance will move its newly acquired specialist motor broker from Kendal to Lancaster amid plans to more than quadruple staff.
Quiz of the week - 20 May 2016
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Brexit ‘could result in 48,000 insurance job losses’
Businesses could relocate “overnight” following a Brexit, putting up to 48,000 insurance jobs at risk, according to a report.
Research: State of the Risk Management Nation: Part Two: External influences
In the second part of the research, risk managers tell Michèle Bacchus their thoughts about regulation, brokers, and consolidation.
Q&A: Paul Tasker, Tasker Insurance Group
After consolidating a number of acquisitions, Paul Tasker, Tasker Insurance Group CEO, tells Peta Fuller what is next for the group
Towergate hires Bluefin broker boss for ‘firepower’ in London market
Bluefin London market guru Paul Longhurst has been poached by Towergate to “breathe fire power” into the company’s business.
Axa tops broker survey
Broker network Brokerbility has placed Axa in pole position in its latest biannual survey.
Cyber costs could be offset against IPT: report
A report into the state of cyber resilience raises the possible benefits of industry-specific tax breaks for companies investing in cyber measures, with the report from lobby group The City UK and Marsh stating industry should explore this with…
Outsourcing: Shaping up to demonstrate customer focus
Service providers and insurers are sharpening up their outsourcing practices to bring them into line with tough new regulatory demands outlined by the Financial Conduct Authority a year ago.
Allianz’s commercial COR stronger than personal as restructuring continues
Allianz has reported an 89.9% combined ratio in commercial for Q1 2016 but despite improvements, its personal lines COR remains over 100 at 101.2% (FY 2015: 106%).
Neil Thornton added to Bluefin’s case against GRP
Former Bluefin commercial head Neil Thornton has been added as the fifth defendant in the case against Global Risk Partners.