Broker
Thomas Carroll recruits former cricketer to sales team
Welsh broker Thomas Carroll has recruited former Glamorgan and Kent cricketer Mike Powell to its new sales development team.
Ex-Barbon chair Drummond-Smith becomes Gallagher NED
Arthur J Gallagher has appointed former Barbon Insurance Group chairman Jamie Drummond-Smith to the role of non-executive director.
Biba members to access Beazley event scheme
Members of the British Insurance Broker’s Association will be given access to a bespoke event insurance scheme provided by Lloyd’s insurer Beazley as part of a new deal.
Brightside seals exclusive partnership deal with Rated People
Specialist broker Brightside has launched an exclusive 12 month insurance partnership with, online trade recommendation service Rated People.
Singapore employee benefits broker Pan bought by technology start-up
The Pan Group, one of the largest employee benefits brokers in Singapore, has been bought by ConneXionsAsia, a technology firm which owns an end-to-end employee benefits platform.
Gumtree broker handed suspended jail sentence
A ghost broker who advertised worthless car insurance on Gumtree has been handed an eight month custodial sentence, suspended for two years.
Axa introduces commission flexibility to Simple landlords policy
Axa has introduced commission flexibility to the landlords product from its Simple range allowing brokers to control their remuneration on a case-by-case basis.
Post magazine – 13 February 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
FCA slaps broker Homeserve with £30.6m fine
The Financial Conduct Authority has issued its largest ever retail fine of £30.6m to broker Homeserve following “serious, systemic and long running failings” across key aspects of its business.
Bluefin swoops for Towergate regional boss Hogg
Bluefin has recruited Towergate’s Scotland and Northern Ireland regional managing director Kenny Hogg.
Willis returns to profit despite sliding operating income
Willis has swung back to profit in its latest full year results, 12 months after reporting a loss of $446m, in spite of a reduction in adjusted operating income.
Marsh reports 2013 profits up £91m
Broking giant Marsh has seen profits climb through 2014 to $1.45bn (£881m) for its insurance and reinsurance operations.
Career File - Giles Baxter: Gallagher recruits RSA IT boss for new CIO role
RSA's UK and Western Europe IT and change leader Giles Baxter has joined Arthur J Gallagher as its international chief information officer.
Market Moves - 13 February 2014
The movers and shakers in the insurance industry this week.
C-Suite – MGA: The devolution of personal lines
Is big data really the answer to stopping the rot that has taken hold in personal lines insurance?
C-Suite – Broker: A chance to shape the future
A number of workforce-related dynamics are currently converging within the broking sector.
Drumm-owned business to pick up pieces following Eric withdrawal
Coast Underwriting is preparing to put an A-rated reinsurance programme in place to offset the fallout following the decision by the unrated European Risk Insurance Company to stop accepting new business, renewals or requests for coverage increases.
Swinton in Welsh language consultation
Swinton is to consult with the Welsh Language Commissioner following reports it requires staff to consult with customers in English.
Suisscourtage handed Lloyd’s broker approval
French insurance broker Suisscourtage has been given registration to serve as a registered Lloyd’s broker.
Patel to take on group legal counsel role at BH in April
Brokerbility Holdings has appointed Jitendra Patel as group legal counsel.
Education, education, education
Fraud is a major and growing issue. We've all heard the figures bandied around about how much this crime costs our industry, but the responsibility for tackling fraud does not lie at any one door.
Ex-Wilby associate director to lead Bluefin's Skipton branch
Bluefin has appointed Tracey Weston to the position of branch director at the broker’s Skipton office.
Giles and Bollinger deals forecast to cost Gallagher up to £17m through 2014
US broker Arthur J Gallagher is set to pay an estimated £17m in integration costs through this year following the acquisitions of Giles and Bollinger in 2013.
Soft market in Asia to hit record, says Marsh
Commercial insurance rates in Asia are expected to reach historic lows this year, according to Marsh's 2014 Asia Insurance Market Report.