Broker
Demand for M&A assets to outweigh supply, survey finds
Competition for attractive insurance industry merger and acquisition targets is set to intensify in the next three years as more than 80% of insurers plan to acquire while only one third plan to divest, a Willis Towers Watson survey has found.
Henderson announces new MD and CEO
Henderson Insurance Brokers has hired Andy White, formerly of Zurich, as its new managing director.
Director of Content’s Comment: The right man for the FCA job?
The news that then Financial Conduct Authority CEO Martin Wheatley was not to have his contract renewed by Chancellor of the Exchequer George Osborne was followed by plenty of column inches predicting who his successor would be and what it would mean for…
Industry likely to follow suit as Allianz tackles SME underinsurance
Other insurers are expected to follow Allianz’s lead in addressing underinsurance in the SME market, despite the likely adverse impact on trading results.
RKH Specialty draws up surety plans following PMG acquisition
Hyperion Insurance Group has acquired independent specialist surety broker PMG Financial Services, subject to regulatory approval.
Cobra eyes further deals following purchase of Croydon broker
Cobra Holdings has acquired Croydon-based independent commercial broker Robert Edward Southern.
'Big player' Bailey backed by industry as FCA CEO
The appointment of the Prudential Regulation Authority’s highly regarded CEO Andrew Bailey to the top job at the Financial Conduct Authority has been welcomed by industry leaders who have praised Bailey’s clout and “deep regulatory experience”.
Broker Network unveils debut members only scheme
Broker Network has launched its first member scheme, which is backed by Pro Sight Specialty Underwriting syndicate 1110 at Lloyd’s.
Europe: Ukrainian insurance market ready for structural reforms
The past year has been full of contradictions for the Ukrainian insurance market. On one hand, on-and-off military conflict in the eastern regions contributed to depreciation of the hryvnia against the dollar, deepening the economic crisis that had been…
Australia's brokers exempt from financial adviser training
Insurance brokers are exempt from new government training requirements for financial advisers in Australia.
Penny Black's Insurance Week - 28 January 2016
Penny is as much a music lover as the next person and although she, along with many of the world, mourned the recent passing of singer David Bowie and Eagles guitarist Glenn Fray, she enjoyed hearing the industry reminicise over what their music meant to…
Market Moves - 28 January 2016
All the latest movers and shakers in the industry.
Trade Voice: Fair’s fair
The call to action for #FairnessForAll is not an unattainable ideal.
C-Suite - Broker: Take my advice
The role of today’s broker goes beyond simply selling policies.
Hubbard to exit UK General
UK General group CEO Peter Hubbard is to step down from his role in February, the company has confirmed.
Regulation tops list of insurer concerns, according to brokers
The majority of brokers believe regulation poses the biggest threat to their insurer partners, according to a study carried out by information management firm EDM Group.
Paul Baker to buy fellow park home insurance firm RK Shipman
Newly launched park and leisure home insurance specialist Paul Baker Insurance Services is acquiring fellow park home insurance firm RK Shipman.
Allianz to ditch condition of average for underinsured SMEs
Allianz will remove the use of averages for SMEs that are underinsured despite recognising such a move could affect its trading results, the insurer announced among other measures today (25 January).
Blog: Five technologies brokers should consider for 2016
With interest rates set to remain low and ongoing compliance demands taking their toll, few brokers are totally out of the woods post-recession. You'd imagine that not many are in the mood for spending...
Quiz of the week - 22 January 2016
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Broking jobs to stay in Wales with government investment
Government backing for Welsh-based commercial broker Moorhouse Group will see almost 90 jobs created in the country, with the company previously considering outsourcing to South Africa.
Editor's Comment: Writing a new chapter
A new year and a new start; time to ring in the new; the new year is like a blank book and you have the pen to fill the pages – you probably heard all of these and more as Big Ben chimed in the New Year and you planned your resolutions.
AA puts two-year-old ABS into run-off
The AA's alternative business structure, which started trading in December 2013, has entered into run-off following a strategic review.
Biba Manifesto 2016: Biba spotlights regulatory cost as members face new hike in fees
The cost of regulation continues to feature prominently in the British Insurance Brokers’ Association’s manifesto for 2016, alongside emerging areas such as a European referendum, the implications of the Vnuk tractor case and Flood Re exclusions.