Broker
Great Lakes Australia helps Steadfast buy Calliden
Australia's largest broker network Steadfast is buying Australian managing general agent the Calliden Group for A$105m (£59.1m).
Brightside co-founder Chase-Gardener handed commercial director role
Brightside founder Paul Chase-Gardener has been given a new role as the broker’s commercial director, with former Barbon chief executive Ian Sutherland also joining the business.
Price Forbes recruits four Gallagher financial lines leaders
Lloyd’s broker Price Forbes has recruited four new staff from A J Gallagher, including Adrian Fox, the head of the financial lines international broking and wholesale division.
Austbrokers swoops for 50% share in risk management consultancy
Sydney-based broking business Austbrokers Holdings has sealed its third acquisition in as many weeks with the purchase of equity in specialist risk management consultancy Risk Strategies.
Iprism scythes away debts despite drooping profits
Iprism Underwriting Agency has revealed a sharply improved debt position in accounts filed with Companies House, in spite of falling post-tax profits.
Government on course to introduce RPA despite industry debate
The Department for Education is pushing ahead with plans to introduce a risk pooling arrangement for academies and free schools on 1 September despite vociferous opposition from within the insurance industry.
Marsh looks to BGL for UK affinity head
Marsh has made a double appointment hiring Mike Canniffe as UK affinity leader and Paul Kershaw as placement and proposition leader in its UK consumer and commercial practice.
Reinsurance terrorism market softening, claims Guy Carpenter
The terrorism market for reinsurance is softening, according to a report by Guy Carpenter, which claimed greater capacity and an absence of major terrorist-related losses has led to an increase in competition.
Data and Analytics Asia Q+A: Michael Lamb, CCW
Ahead of the upcoming Insurance Data Analytics Asia 2014 conference in Hong Kong, Postonline interviews a key speaker.
Aon granted trailblazer status for new insurance apprentice standard
Broker Aon has been awarded government Trailblazer standard for insurance apprentices.
Bridge Insurance Brokers launches bespoke programme for mine clearance firms
Bridge Insurance Brokers has launched a division to deliver bespoke insurance programmes to organisations involved in mine removal and post conflict security.
Howden introduces 'world first' mining rescue product
Howden Broking Group has launched a standalone product that mitigates the costs of rescue in the event of a mine collapse.
Pen Underwriting unveiled as Gallagher's collective MGA brand
Arthur J Gallagher has signalled its intent to accelerate underwriting growth opportunities and become "a force to be reckoned with" following the launch of a single brand for its collection of UK managing general agencies.
Towergate East Anglia merger puts 80 jobs at risk
Towergate is to consolidate offices in East Anglia as it considers opening a business hub in Norwich, according to reports.
Wishart says he will ‘always’ retain Cobra role after RRS launch
Cobra Special Risks managing director Paul Wishart has stressed that the launch of a new joint venture will not lure him away from his current employer.
Cobra boss targets 'high-growth' reputational risk market with start-up
Start-up intermediary Reputation Risk Solutions has been launched to take advantage of the “highly underdeveloped” reputational risk sector, amid claims the UK market could be worth £1bn by 2019.
Biba launches MP guide to promote benefits of brokers
The British Insurance Brokers' Association has launched a guide for MPs to help constituents with insurance and promote the benefits of using a broker.
Gallagher plots Welsh jobs following first instalment of £1.13m government grant
Arthur J Gallagher has received the first instalment of a £1.13m grant from the Welsh Government to be put towards establishing a centre of excellence in Wales and creating jobs for local people.
Penny Black’s Insurance Week - 21/28 August
It was a case of keeping it in the family for LV chief executive Mike Rogers as his firm hosted a hospitality box at the first day of the fifth England vs India test match at the Oval last week.
Market Moves - 21/28 August 2014
All the latest job moves in the insurance market.
Swinton acquires books of business from Welsh broker
Swinton has acquired the commercial and personal lines books of Welsh broker EW Southall Insurance and Estate Agents.
West Midlands broker banned from financial services industry
A former West Midlands insurance broker and mortgage adviser has been banned from working in the financial services industry after a tribunal upheld an initial ruling by the conduct regulator.
Interview: Dane Douetil: Building businesses
Minova Insurance Holdings group chief executive Dane Douetil tells Post his ambitions for the company – including doubling its size in the next five years.
50% premium reductions in Australia, says Marsh
An abundance of capacity in the reinsurance market is helping keep renewal rates soft in Australia according to international broker Marsh.