Broker
Government budget cuts impacting UK, claims THB
THB group chief executive Frank Murphy has said that the sale of the majority of underwriting agency Unicorn and recessionary pressures accounted for the broker's UK business making a loss.
UK General gets Hanns-on for scheme sales
Leeds-based UK General Insurance has appointed Ralph Hann as national schemes sales manager for the group.
Broker share set to fall
The market share of national brokers is expected to decline to 50% in 2010 and is forecasted to continue falling until 2014.
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
Biba pushes aggregator issues at European broker meet
The British Insurance Brokers' Association has met fellow European broker bodies in Tel Aviv to discuss the Insurance Mediation Directive and other European issues.
No grace period on IPT
London market insurers and brokers have been told they will not be given the same grace period as when faced with the last hike in insurance premium tax.
Lloyds TSB provides Henderson with £4.5m boost
Henderson Insurance Brokers secured a £1m finance facility to aid its acquisition of Denny O’Hara, the Leeds-based insurance broker, its new banker has also revealed.
Aon forms Aon Global Risk Consulting Bermuda
Aon Global Risk Consulting has launched a captive consulting practice, Aon Global Risk Consulting Bermuda, which is part of Aon Insurance Managers (Bermuda). Aon executive Laura Taylor is to lead the practice.
Brokers predicting profitability fall
UK insurance brokers are expecting a drop in profitability over the next three months, research by PricewaterhouseCoopers and the Confederation of British Industry has shown.
Evolution grows Midlands operation
Commercial underwriting specialist Evolution Underwriting has appointed Rachael O’Neil as business development executive with responsibility for developing the Midlands area.
Defaqto warns on travel cover
Holidaymakers should review their travel insurance policy to see whether it covers the failure of scheduled airlines, according to Defaqto.
Heath Lambert in charity tie-up
Heath Lambert has won the tender to provide personal lines and life insurance products for leading health charity Diabetes UK.
UK brokers need to tighten up client money procedures
This is according to insurance industry accountant and consultant Moore Stephens, who said that UK insurance brokers will have to be able to demonstrate that they have put in place properly embedded procedures to deal with handling client money, or else…
THB agrees cargo partnership with Catlin
THB’s marine division has partnered with Catlin’s UK regional marine team to distribute its online cargo facility.
Aon Benfield agrees Cologne University partnership
Insurance broker Aon Benfield has partnered with the University of Cologne to conduct advanced research into European windstorms.
MMA ramps up micro-commercial offering
Broker-only insurer MMA is adding a series of new products to the remit of its micro underwriting team as part of a first year review.
Aon Benfield agrees Cologne University partnership
Insurance broker Aon Benfield has partnered with the University of Cologne to conduct advanced research into European windstorms.
Equity World Cup competition – week three: England through to knock out stages
In was touch and go, and following two lacklustre draws, England’s football team finally pulled it out of the bag to triumph in their must win match against Slovenia, securing their place in the knock-out stages of the South-African tournament.
LV Broker names new regional manager
LV Broker has promoted Birmingham office manager Mark Hands to the role of regional manager for the North of England and Scotland.
Equity World Cup competition - week three: Broker on the ball
Neil Campling, Barnett & Barnett
Bill Hodson appointed senior VP of GossRe
Goss Reinsurance Brokers, the recently launched reinsurance brokerage division of US Risk Insurance Group, has announced the appointment of William Hodson to senior vice president.
Catlin recruits ex Marsh CEO
Catlin has announced two changes to its board of directors.
Forbes launches treaty reinsurance arm
Price Forbes & Partners today announced the expansion of its business through the establishment of a treaty reinsurance division.
THB profits up in first half
THB this morning reported a 21% rise in broking profit to £3.9m on fees and commissions of £24.6m (H1 2009 £23.3m).