Broker
Fortis confirms acquisition of Kwik Fit insurance business
Kwik Fit Group today announced that it has entered into a binding agreement to sell its UK insurance business to Fortis UK in a £215m cash deal.
Penny Black’s insurance week
Remember Big Brother? Penny was taken aback to discover the series is still trundling through its final series and drawing in big enough viewing figures for Go Compare to choose a slot in tomorrow’s eviction night extravaganza as the place to launch its…
Equity World Cup competition – week four: It’s all over for England
Following four unconvincing performances by England’s football team, it was down to old foes Germany to put the national squad out of its misery.
Equity World Cup competition - week four: Broker on the ball
John Hooper of Coversure
Technology - Global platforms: One size won't fit all
As online distribution becomes more ubiquitous, Paul Ferris warns that such platforms must be used with sensitivity to local practices.
Technology - Underwriting: Shifting focus
Insurers are upping the pace at which they investigate underwriting IT options and, over the past six months, there has been a substantial jump in the number of carriers looking to engage software houses with projects in this area, says Edward Murray
Post in print - 1 July 2010
Post reporter Amy Ellis provides a 60-second round-up of the major news headlines from tomorrow's issue of Post.
Post Magazine – 1 July 2010
Subscribers to Post can now read the latest edition online as a digital interactive e-book.
Willis Re promotes Byng
Willis Re has named James Byng Property Resource group leader for its International and Specialty reinsurance business.
Career development & CSR news: Barrie & Hibbert supports risk academy at Heriot-Watt
Risk modelling specialist Barrie & Hibbert has announced its support of the Scottish Financial Risk Academy, which it claims is the first of its kind in the UK. It was established by Heriot-Watt University following the award of a £335 000 grant by the…
Technology - E-certificates: Certifiable progress
Jakki May explains that changes to the law regarding e-certificates for motor insurance mean that the industry can now make headway in dispensing with old-style postal delivery, potentially saving millions on printing while also reducing fraud.
Equity World Cup competition - week four: Up for the prize
England are out but our World Cup competition continues, with great prizes up for grabs — including an Ipad.
Interview - Lyndon Wood: Daring to be different
Moorhouse boss Lyndon Wood spent last year in the Dragon's Den. Literally. He talks to Mairi MacDonald about growth plans, admiration for Adrian Colosso and pigeon psychology.
KFI reaps benefit of non-motor book growth
For sale-intermediary Kwik Fit Insurance's move away from its motor heartland helped it increase pre-tax profits by 24% to £10.93m in 2009.
CII and Biba to highlight broker professionalism
The Chartered Insurance Institute and British Insurance Brokers' Association will join forces to demonstrate the "professionalism agenda" of broking to the coalition government.
Money handling warning
UK brokers must tighten up client money procedures according to insurance industry accountant and consultant Moore Stephens.
Broker profits to fall
UK insurance brokers are expecting a drop in profitability over the next three months, research by Pricewaterhouse Coopers and the Confederation of British Industry has shown.
HL wins Diabetes UK tender
Heath Lambert has won a tender to provide personal lines and life insurance products for health charity and patient organisation Diabetes UK.
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.