Broker
Trireme acquires Lloyd’s broker MGB
U.S. Risk Insurance Group subsidiary Trireme Insurance Group has purchased MGB Insurance Brokers for an undisclosed sum.
Commercial insurance fraud: Where future priorities lie
Closing the gap between the commercial and personal lines insurance sectors in the battle against fraud is a growing priority. Sara Costantini, director at Crif Decision Solutions, looks at what can be done now and where might the future priorities lie.
A museum of insurance: opening up the past to attract the future
When the Chartered Insurance Institute leaves Aldermanbury this month for a new home in the City, it will not be able to bring along many of the artifacts it has in storage. Post spoke to former president Reg Brown about how these could be rehoused in a…
Dual pricing hitting loyal home insurance customers
Loyal customers are being penalised for staying with an insurance provider, leaving thousands paying excessive home insurance premiums, according to Which?
THB courts UK retail brokers with MD appointment
Declan Durkan has been appointed manging director of THB UK Risk Solutions, in a move the firm says signals the group’s “renewed focus” on UK retail brokers.
Acord streamlines testing process
Global standards body Acord is making it simpler for trading partners to connect when they use Acord Standards for the first time or upgrade to its newer version.
Aon's Katherine Conway: “As the insurance workforce evolves, so must company culture”
Katherine Conway, head of diversity and inclusion and community affairs at Aon, explains that D&I efforts must go beyond recruitment to now focus on company culture.
Ardonagh Group reports income boost of 9.1% at H1
The Ardonagh Group has reported income growth of 9.1% as both income and profit climb in the first six months of 2018.
Insurance businesses among FSCS list of in default firms
The Financial Services Compensation Scheme has declared nine firms, including three insurance businesses, in default, possibly opening the door for consumers to be compensated for any losses incurred.
Liiba urges Prime Minister to rethink post-Brexit equivalence regime for brokers
The London and International Insurance Brokers’ Association has written to the Prime Minister raising concerns over the government’s planned equivalence regime for brokers post-Brexit.
Majority of brokers ‘do not have a succession plan’
One in 10 brokers plan to leave the industry in the next year, yet almost 90% do not have a succession plan in place.
This week in Post: Washouts and windfalls
When you head off to an outdoor festival following a heatwave, you cross your fingers and hope the sun sticks around. Unfortunately it seems like the recent tropical spate has done a runner and I spent last weekend trying not to roll down a hill while up…
Northern Irish hub acquisition pushes GRP’s GWP over £700m
GRP hub Abbey Bond Lovis has acquired a majority share in Northern Irish broker Digney Grant for an undisclosed sum.
XL Catlin's Nicola Harris on why insurers need to change their approach to the energy sector
Challenging times for the oil and gas industry call for a change in the way insurers address energy risks, writes Nicola Harris, head of energy for Europe, Middle East and Africa at XL Catlin.
Blog: Got your A-level results? Check out insurance apprenticeships
On A-level results day, Carmen McDonagh, operations director at Complete Cover Group, urges school leavers to consider an insurance apprenticeship.
Blog: Open banking offers a new insurance distribution channel
Some might have already labelled it a failure but open banking will continue to evolve and insurers should sit up and take notice. That is the view of The Marketing Eye's Neil Edwards, who believes these platforms could eliminate form filling and make…
UK becomes EU capital of private equity-backed insurance M&A
The UK has seen 28 private equity deals in insurance over the past 18 months, half of total number in Europe.
JLT Specialty's Hamish Roberts on why insurers must continue insuring coal
The pressure on insurers to deny coal projects any form of cover may actually increase pollution, warns Hamish Roberts, head of JLT Specialty’s London-based power business.
FSCS arranges alternative cover for Alpha policyholders
UK policyholders with failed Danish insurer Alpha have been provided alternative cover via the guarantee scheme.
Broker Network makes seventh ‘powerhouse’ acquisition
Broker Network has bought North West broker MCM, which will form the company’s seventh “regional powerhouse”.
Analysis: Gig economy: The big gig ruling
The Supreme Court ruling in Pimlico Plumbers, granting employment rights to a gig worker, might lead to an increase or a shift in liability claims. But it also opens up a door for new products as gig economy platforms will want to cover their new…
LV hopes for 'pricing realism' in home following adverse weather
LV general insurance CEO hopes that the impact of the Beast from the East on insurers’ property portfolios will introduce a level of “pricing realism” into the market.
QBE's Cecile Fresneau on why underwriters ask so many questions
Brokers should value the many in-depth questions asked by underwriters, writes Cecile Fresneau, executive director of the UK insurance division at QBE Insurance.
Allianz sets date for transfer of £250m LV commercial book
The transfer of commercial business from LV to Allianz will take place on 20 September, the company confirmed.