Broker
Post Magazine 28 January 2010
This issue featured an interview with new Zurich UK general insurance CEO Stephen Lewis, a review of the industry's recent PPI troubles, a look at Directors & Officers' market and soem indepth legal updates on professional negligence, broker duties,…
Chubb launches new broker site
Chubb Insurance has launched its new broker website, Masterpiece24, which allows brokers to quote and bind high net worth cover online.
Aon sweetened as Prudential stays
Aon Global has kept the broking rights for UK insurer Prudential, Reinsurance can reveal.
Holman appoints head of UK sales and marketing
John Holman and Sons has appointed John McCheyne as head of UK sales and marketing.
Bluefin signs motor outsorcing deal with WNS
WNS boss Tim Rankin hails deal which will see it handle motor claims on behalf of the broker.
Bright Star wins contract
Corporate risk broker Brightstar Risk Solutions has been appointed to take on scheme development for the Southern half of the UK on behalf of Fleurets.
THB reports a 43% broking profit increase
THB Group has announced an underlying broking profit increase of 43% as part of its end of year figures for 2009.
Household premiums rise 5.9%
AA Insurance said increase relfected rising cost in repairing buildings and claims frequency.
AA sees biggest ever jump in motor premiums.
The broker found the average quoted premium for comprehensive cover rose by 18.7 per cent.
Lloyd's broker outlines three year plan after reporting static 2009 profit
However, THB group CEO Frank Murphy proud of result which saw increase in fees and commission.
Investing in the Profession: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute and driving force behind the General Insurance Taskforce talks to Ant Gould about the challenges and opportunities facing the general insurance industry in its quest to embrace…
Legal update - broker duties: Shared responsibilities
Andrew Blair and Niyi Phiri examine the complex issue of how liability should be shared when the role of the broker is split and negligence claims made.
Directors' & Officers' - economic impact: Bitten by the risks?
The credit crunch threatens to bring a rise in directors' and officers' claims. Jane Bernstein investigates whether this threat is becoming a reality and how this is affecting sales of the product.
Regulation - PPI fallout: Burst the balloon
With the Competition Commission poised to bring a new case against point of sale payment protection insurance, Leigh Jackson asks what now for the sector — and where might the regulator point its finger next?
Interview - Stephen Lewis, Zurich: Making an entrance
Stephen Lewis has returned to the UK insurance market after eight years to take the position of chief executive of Zurich general insurance. Mairi MacDonald talks to him about his plans for the business.
Biba meets with Conservative candidates to raise influence
The British Insurance Brokers' Association's senior management team was due to meet four prospective Conservative parliamentary candidates this week.
Intermediaries fear nationals
Large national brokers pose the biggest threat to the UK regional intermediary market, new research has revealed.
Towergate swoops for Henderson broker boss
Henderson Insurance Brokers' former group broking director is to join Towergate Risk Solutions' Leeds operation in March.
Ignition looks to double clients
Ignition has outlined plans to double its number of broker clients in 2010 to stop the company operating at a loss.
HBA moves into recycling
Lloyd's of London broker HBA Insurance has made a move into the recycling industry, following the launch of Recyclesure.
FSA warns brokers of "intrusive" supervision
The Financial Services Authority has made the handling of client money its "number one" target in its supervision of insurance brokers in 2010, according to the British Insurance Brokers' Association.
Post Video Interview: Brokers impress Scott on professionalism
Brokers have a key role in helping to rebuild trust and confidence in the property and casualty market, according to the chief executive of the Chartered Insurance Institute.
Aon poltical risk map launched
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services.