Broker
ABI and Biba at odds over ring-fencing insurance taxes for flood defences
Insurance trade bodies have found themselves at loggerheads over whether part of insurance premium tax should be ring-fenced for flood defences.
Gallagher boss Simon Matson apologises for 'insensitive comments'
Simon Matson, UK CEO of Gallagher, pictured, has said sorry for the “insensitive comments” he made which came to light in the staff and business poaching court case the firm lost to Ardonagh this October.
Zego to target UK insurance licence after becoming Gibraltar carrier
Insurtech Zego has become a licensed insurance carrier in Gibraltar and is also expected to target a full UK licence.
UK composite insurance pricing surges 12% in Q3, says Marsh
Insurance pricing in the third quarter of 2019 surged by 11.8% year on year in the UK driven by increases in property as well as financial and professional liability lines, according to research by Marsh.
Plan Group targets top 50 with Pedal Cover Plus buy
Plan Group has bought Kingswood Insurance Brokers, the owner of Pedal Cover Plus, as it targets becoming a top 50 independent broker within five years.
Axa's Jon Walker on why it takes three to make the market work
In a hardening market, competition is tough to place property and casualty risks. Now more than ever, brokers need to work closely with insurers and customers on claims prevention and risk management, writes Jon Walker, executive MD of Commercial…
Eldon intending to rebrand as Somerset Bridge
Arron Banks' Eldon Insurance Services is planning to rebrand as Somerset Bridge by the end of the year, Post can reveal.
Hyperion makes senior finance appointments
Hyperion has appointed a group chief finance officer and group finance director.
This month in Post: Thomas Cook-up
In a week that was dominated by personal injury fracas, the revelation that Thomas Cook self-insured against all but the “very largest” PI claims may well take the cake for biggest botch up.
Analysis: Under the skin of Lloyd's Blueprint One
Lloyd’s has published Blueprint One: the first of a number of ‘blueprints’ it intends to produce over the coming years as it overhauls the market for the 21st century
Allianz and Gallagher respond as Saracens fined £5.4m and docked 35 points
Allianz-sponsored Gallagher Rugby Premiership champions Saracens have been fined £5.36m and docked 35 points for breaching the sport’s salary cap.
Blog: The unrated conundrum - cover at all costs, but who pays the price?
There is a growing list of failed unrated insurers that continue to hit the headlines. Dean Bedford, underwriting director at CLS Risk Solutions, asks what is the answer to the unrated conundrum? Is unrated always bad, who is responsible and who pays the…
Interview: David Walsh, CFC Underwriting
A child of the dot-com boom, CFC Underwriting has now left its teenage years behind as it enters its twentieth year as one of the pre-eminent specialist managing general agents in the London market. CEO David Walsh spoke to Jonathan Swift about the …
Radius buys majority stake in The Burley Group
Radius Payment Solutions has bought a majority stake in transport specialist The Burley Group for an undisclosed sum.
Brightside's Derek Henry on leadership in the insurance industry
Right now in the UK our politics is stuck fast in factionalism, ideology and conflicting interests, creating public disquiet. Derek Henry, managing director of broking at Brightside, argues business is up in arms too, pleading with the government for…
This week in Post: Carnival spooks
This week, some Post colleagues and I attended CFC Underwriting's annual Halloween party. The theme this year was carnival, and accordingly, the party was full of clowns, fortune tellers and more than the odd Joker.
Trade voice: Biba's Steve White on less but more effective regulation
British Insurance Brokers' Association CEO Steve White ponders what proportionate regulation for insurance brokers should look like.
MGA CFC mulls entering personal lines with cyber for HNW individuals
CFC is exploring the possibility of entering the personal cyber market.
Ageas gears up for Dobson's exit with broker team reshuffle
Ageas UK has created three directors of distribution roles, with Chris Dobson set to retire at the end of the year.
Analysis: What does the result of the Ardonagh and Gallagher court battle mean for broker recruitment practices?
After all but one of Gallagher's claims against Ardonagh subsidiaries and two former Alesco employees were thrown out by a judge last week, employment experts suggest there could be changes in how brokers approach recruitment.
SRIL buys Square Mile Broking
Miles Smith owner Specialist Risk Investments has acquired Square Mile Broking.
Zurich’s Cover-More appoints UK CEO
Exclusive: Ernesto Suarez, Halo founder and CEO, has been appointed UK CEO of Zurich's Cover-More.
Aston Lark acquires Lloyd’s broker
Goldman Sachs-backed consolidator Aston Lark has acquired Lloyd’s broker Protean Risk.
Blog: Gallagher vs Ardonagh – A warning to us all
The staff poaching lawsuit between Gallagher and Ardonagh wrapped up in court on Friday, as the judge threw out all but one of Gallagher’s claims. It serves as a timely reminder of the ultimate costs of litigation, which are not always financial.