Broker
Reserve Bank of India confirms bank broker rules
Banks wanting to take up insurance broking have been given the green light by the Reserve Bank of India after legislation passed in 2013.
Zurich CRO calls on regulators to boost innovation
Financial regulators need to encourage innovation, rather than stifle it, in order for companies to respond to high-level global risks, according to Zurich's chief risk officer.
Europe: Q&A with German risk managers
Walter Minnik speaks to German risk managers Christian Boehm of Freudenberg Group and Lutz Kalkofen of Hochtief, about current issues surrounding the European market
Alan & Thomas grows regional footprint with purchase of Hampshire broker
Poole-based broker Alan & Thomas Insurance Group has increased the gross written premium it controls to more than £30m following the acquisition of Hampshire intermediary Bennetts Commercial.
Biba appoints young broker steering group
The British Insurance Brokers’ Association has launched a Young Broker Steering Group with the aim of providing guidance and resources to younger brokers.
Editor's comment: Je Suis Charlie
On 7 January terrorists attacked free speech by shooting dead 12 innocent journalists and police at the offices of the French satirical magazine Charlie Hebdo.
Unoccupied Properties: Building an unoccupied checklist
Unoccupied properties are a growing problem for insurers so what should brokers bear in mind when presenting information to underwriters?
Floods: One year on
After the government announced properties in council tax bands H and I would be eligible for Flood Re, how are insurers prepared for future flood events and what have they learned since 2014?
Market Moves - 15 January 2015
All the latest job moves in the insurance market.
Birch appointed MD of Bishop Skinner Marine
Bishop Skinner Marine, the Bluefin subsidiary specialising in yacht and pleasure craft insurance, has appointed Paul Birch as its managing director.
CMA draft order obligations criticised for duplicating existing regulation
Industry players are fearful draft Competition and Markets Authority motor insurance obligations conflict with existing conduct regulation amid concerns the watchdog is not giving firms enough time to implement its suggested reforms.
Insurance trade bodies to meet with regulators on CMA draft orders
The British Insurance Brokers' Association and the Association of British Insurers are to meet with the Financial Conduct Authority and the Competition and Markets Authority in the coming weeks to ensure obligations from the CMA private motor…
Towergate to shift Hexham roles to Newcastle after office closure
Towergate is to close its Hexham operation at the end of the month with the office's eight staff being offered roles at the company's Newcastle premises.
Howden acquires 49% stake in Malaysian bank's broking business
Hyperion broking subsidiary Howden has entered into a partnership with Malaysia-headquartered South East Asian bank CIMB Group.
Absolute hires ex-Axa COO Carruthers as non-exec chairman
Former Axa commercial lines and personal intermediary chief operating officer Max Carruthers has joined the board of private investigation firm Absolute Partnership as non-executive chairman.
Howden strikes HNW deal with De Vere Group
Independent financial advisory firm De Vere Group has teamed up with Hyperion subsidiary Howden in a deal that will see the broking business offer high net worth coverage to DeVere’s global clients.
Aon UK awaiting approval for new CRO
Aon UK is awaiting regulatory approval for a new chief risk officer following the depature of Carol Richmond after more than five years leading the function.
Wang leaves Marsh for XL China aerospace role
XL is offering aerospace insurance in China and has appointed former broker Catherine Wang as an underwriter.
Welsh MGA and broker first to go live with My Licence
North Wales-based Staveley Head is the first managing general agent and broker to use the My Licence scheme.
BLP recruits former Keelan Westhall MD Tonge
BLP Insurance has recruited the former managing director of Arthur J Gallagher-owned Keelan Westhall as its new head of sales.
RFIB looks to Willis for hull hire
RFIB has appointed former Willis marine executive director Steve Hughes as its hull and war divisional director.
BMS returns to Cooper Gay to beef up specialty reinsurance team
Cooper Gay & Co reinsurance division director Steven Herbert has joined BMS where he will take on the role of director of the specialty reinsurance division.
Rural launches Darlington office with six Towergate recruits
Rural Insurance has opened a new Darlington office led by six underwriters from Towergate-owned BIB.
Biba recruits Abbey Legal for advice helpline
The British Insurance Brokers’ Association has launched a new legal advice line for members, run by Abbey Legal Protection.