Broker
Free webinar: The property and casualty market in south east Asia
Post and Insurance Insight in conjunction with the Chartered Insurance Institute recently held a free webinar on the property and casualty insurance markets in south east Asia.
View from the Top: The varying role of the broker across Europe
There is no perfect model for an insurance broker. The important aspect to focus on is not the way in which distribution in individual European countries - or sectors - works, but the continued collaboration of the industry as a whole.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Transport Select Committee chair "encouraged" by whiplash response
The Transport Select Committee's 13th special report has reiterated members' commitment to access to justice while also expressing encouragement at the government's "willingness" to clamp down on fraudulent whiplash claims.
Randall & Quilter suffers after tax loss following goodwill charge
A £13.5m goodwill impairment charge has resulted in bosses at Randall & Quilter announcing an after tax loss of £488 000 in 2011, following a 2010 profit of £6.4m.
Firms still failing to focus on supply chain resiliency
Despite a number of wake-up calls from last year's catastrophe events, many organisations still lack complete visibility into their supply chains and remain vulnerable to the next disaster, according to a white paper published today by Marsh.
Penny Black's Insurance Week
Penny gets All Shook Up at a broker presentation.
Penny speed meets ... Mihir Pandya, fraud manager, Allianz Insurance
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own 'speed…
Market moves: Canopius and CGSC dominate appointments
This week the recruitment space belonged to Canopius and Cooper Gay Swett & Crawford. Canopius restructured its entire executive committee, alongside appointing an underwriter, while CGSC recruited a new chief commercial officer, head of operations and…
Travel insurance: Expedition exclusions
With the popularity of overseas breaks showing no sign of abating, travel cover has the potential to grow. However, insurers in the sector are never far from controversy.
In series Competitive edge: Pinpoint positioning through geospatial and big data
The insurance industry must combine a geospatial approach with big data analytics to stay ahead of the competition.
View from the top: Business continuity needed for SMEs
Only 39% of SMEs have business interruption cover in place.
Legal analysis: Brokers should rethink fee structure in light of duty of care ruling
The ruling earlier this month in which a judge in the Royal Court of Jersey awarded damages of £528 500 against a leading insurance broker demonstrates that perhaps brokers need to charge more for their services as well as reconsider their role and…
Brokers back potential DLG flotation citing interest in share options
NIG brokers have responded positively to the Direct Line Group split from RBS, some even raising the issue of potential share options if the group's mooted initial public offering bid is successful, the insurer has claimed.
Private equity: a new wave of investment
A new wave of private equity investment is entering the insurance market on the back of tougher bank lending terms. But is it here to stay?
Zurich campaign to abolish damages for fraudsters draws industry support
The potentially ground-breaking decision by Zurich fraud bosses to take their fight to refuse payment on the genuine element of a fraudulent third-party claim to the Supreme Court has drawn praise from industry peers.
Battle for broker schemes hots up as players bolster ranks of expertise
Specialist insurer Ecclesiastical has secured four new broker schemes, just weeks after pledging to refocus its efforts on intermediary deals, as insurers scramble to pick up lucrative broker schemes.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
In series Competitive edge: Big data, big deal
Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges.
Editor's comment: Shaking up the market
Two of this week's market stories - emanating from opposite ends of the insurance supply chain, and arising from both home and abroad - carry the potential for significant shakeup in the months to come.
Post magazine - 19 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
RSA chief to target 'smallish' opportunities outside the UK
RSA boss Simon Lee is eyeing growth outside the UK with the acquisition of a number of "bolt-on" businesses, while also suggesting he is not ready to launch a big money raid anytime soon.
Poole-based broker Alan & Thomas snaps up aviation specialist
Alan & Thomas Insurance Group has acquired specialist aviation, SME and personal insurance broker Emery Little.
Am Wins and New Mountain Capital complete $1.3bn partnership deal
Am Wins has today revealed a growth-oriented recapitalisation partnership with New Mountain Capital in a deal worth approximately $1.3bn (£820m).