Broker
Simply Business closes in on MBO as Brit CEO Cloutier admits u-turn over broker commitment
Simply Business is close to a deal which will see it separate from Brit Group through a management buyout, Postonline has learnt.
UIB to place SulAmérica property treaty programme
Lloyd's reinsurance broker UIB has won the tender to place the property treaty programme for Brazilian insurer SulAmérica.
Industry and consumers targeted in two-part telematics guide
The Association of British Insurers and the British Insurance Brokers’ Association have teamed up to produce guidance for the industry and consumers on how to get the most out of telematics technology.
Ageas agrees out of court settlement with ex-Castle Cover shareholders
Ageas has confirmed it has reached an out of court settlement with a number of former senior Castle Cover figures.
Penny Black's insurance week
Penny recently had the pleasure of catching up with newly appointed British Insurance Brokers’ Association chief executive Steve White, hoping to gain an insight into his plans to change the sector for the better.
News review: 2 May 2013
A round-up of news stories from this week.
Cooter targeting brokers in Covéa commercial lines relaunch
Covéa is planning to corner the difficult commercial lines market by winning over brokers through building closer relationships.
Turnover on the rise as Allianz GA rebalances worldwide reach
Allianz Global Assistance has recorded a 9% rise in growth in global turnover last year, exceeding the proclaimed objective of €2.2bn (£1.9bn).
Planned reductions results in Q1 GWP shrinkage at Novae
Novae Group chief executive Matthew Fosh has described the first three months of the year as “a solid start”, despite seeing his firm’s gross written premium shrink to £184.6m (Q1 2012: £231.1m)
Simplyhealth targets SME market with PMI product
Simplyhealth is targeting small to medium sized businesses with a new private medical insurance proposition.
European court considered as Primo trademark battle continues
Primary Group-owned Qmetric is understood to be considering registering one of its insurance brand names with the European Union’s trademark after its application in the UK court was turned down.
Ask the expert: Interview process
With competition for jobs so fierce, and the interview process becoming much more arduous, how do I make my application stand out from the crowd?
View from the Top: Understanding risk is crucial
The volatile economy, supply chain interdependency and the voracious appetite of regulators and politicians mean today’s organisations face very different risks to their predecessors.
View from the Top: Desperate measures
Brokers are engaging in some unwise practices as they struggle to cope in the difficult climate, says Dave Smith.
DAS targets post-Laspo landscape following 2012 GWP growth
The DAS UK Group increased gross written premium by 10.5% last year, while returning a profit of over £11m before reinsurance and tax.
Telematics Expo: Study suggests engagement improves driving behaviour
Initial research by telematics start-up Carrot Insurance has revealed a link between customer engagement and driving behaviour.
Telematics Expo: ABI pre-empts telematics regulation with new guide
Trade bodies can play an important role in the development of the telematics industry, particularly in warding off the threat of regulation, according to Association of British Insurers policy adviser Ben Gaukrodger.
Ex-CNA indemnity underwriter White takes on Barbican role
Barbican Group Holdings has appointed Christopher White as a professional indemnity underwriter.
EU Gender Ruling behind falling premiums in Q1, claims AA
The cost of motor and home insurance dropped in the first quarter of 2013, according to the latest AA British Insurance Premium Index.
Industry, regulator and government at ‘watershed’ over ERN
The Financial Conduct Authority has confirmed employers' liability insurers and intermediaries have until 1 April 2014 to capture and supply the Employer Reference Number at the point of policy inception of renewal.
Post Intelligence app brings insurance white papers straight to your iPad/iPhone
Post has launched a new free tablet and mobile compatible app that offers readers the latest insurance white papers straight to their iPhone or iPad with minimum fuss.
Personal Lines Brokers: Fresh tactics
With the rise of aggregators bringing their very existence into question, how are personal lines brokers changing their approach to ensure they stay relevant and needed?
Domestic insurers must take advantage of Turkey's growth says broker
There is huge potential for (re)insurance growth in Turkey, according to Namik Gulsun, executive director, EMENA at facultative and wholesale broker, Faber Global.
Purple swoops for NIG’s Bristol business development boss
Jelf-owned broker network Purple Partnership has recruited a new development manager from Direct Line Group subsidiary NIG.