Broker
Risk management: Analysis: Intellectual property: Creative cover
The significance of intellectual property risks has not translated into a large demand for IP insurance policies - yet.
Risk management: Analysis: Zoo insurance: A walk on the wild side
Zoo insurance is a niche market, with only a few underwriters and brokers, all very much focused on managing a ferocious variety of risks for visitors, staff and animals.
Analysis: Social media is making virtual kidnap and ransom a reality
In a world where political volatility is rife and where an individual’s net worth and lifestyle are discoverable through a Google search or Instagram feed, kidnap for ransom has never been easier or more lucrative. As the threat to clients increases, so…
Week in Post: How much are your limbs worth?
One of the highlights of the World Cup so far was watching Portuguese defender Pepe collapse in agony after receiving a pat on the back from Moroccan player Mehdi Benatia. But when you see how much footballers insure their body parts for, it isn’t really…
The Post Claims Awards 2018: Full list of winners
Who won what at the 2018 Post Claims Awards held last night at the Royal Garden Hotel?
Peter Winslow to step down as BGL chairman
After 23 years at BGL Group, Peter Winslow will be stepping down from his role as non-executive chairman.
Axa and Allianz strike latest GRP broker deals
Axa has taken on the agency for the commercial combined and fleet business portfolios for GRP’s ‘south-eastern hub’ Green Insurance Group (Greens), while Allianz has made a bespoke agreement with GRP’s Sagar, McGrady’s and Abbey Bond Lovis to take on…
Grahame Chilton steps down as UK Gallagher CEO
Grahame ‘Chily’ Chilton will step down from his role as UK CEO at Gallagher, and will be replaced by Simon Matson.
LV splits up innovation team ahead of Allianz JV
LV has split up its innovation operations for general insurance and life and pensions into two separate dedicated teams, as a result of its joint venture with Allianz.
This week in Post: Bullying, Brexit and big predictions
This week in Post, the government said that it is considering plans to exclude cyclists and vulnerable road users from the proposed £5000 limit on fast track claims.
FCA issues clone broker warning
The Financial Conduct Authority has issued a warning over a clone broker.
Zurich develops app with tech giant and invests in DIG
Zurich has invested €15m, alongside Finch Capital, into Digital Insurance Group as well as developing an app with tech giant Apple to cater to its brokers.
Interview: Simon Walker, 1st Central
It’s been 10 years since motor broker 1st Central launched in the UK, with policies sold exclusively over the phone or the internet. Simon Walker, who became CEO of parent company First Central Group in January, expects online giants like Amazon or…
Commercial carriers must show their worth as sector fails to meet client demands says RSA
Commercial insurers must show clients how they can contribute to business growth as the sector fails to meet client demand, RSA’s head of global risk has said.
Axa sells health broker to Ardonagh owners
Axa will sell its health broker, Health Insurance Group, to the private equity owners of Ardonagh.
Broker Right Choice receives £28m private equity investment
The private equity arm of Lloyds Bank has invested £28m for a minority shareholding in motor broker Right Choice.
Tokio Marine HCC buys Qdos business unit
A subsidiary of Tokio Marine HCC has bought the contractor business unit of Qdos Group for an undisclosed sum.
This month in Post: lessons learned, space travel and why every insurer wants a time machine
Following the collapse of Danish insurer Alpha hundreds of black cab drivers were left unable to work and without any insurance cover. With little communication from the insurer the drivers took matters into their own hands and besieged the offices of a…
Smallest brokers pay five times higher proportion of earnings towards PI than largest firms
As a proportion of revenue, smaller insurance intermediary firms are still paying out far more for professional indemnity insurance than the largest firms, the Financial Conduct Authority’s latest data bulletin shows.
Charterhouse to acquire Ardian's Siaci Saint Honore group
Private investment firm Ardian has begun negotiations to sell the Siaci Saint Honore group to private equity player Charterhouse.
Insurance intermediaries saw revenue grow in 2017
The average revenue earned by insurance intermediaries increased in 2017, according to figures from the Financial Conduct Authority.
Analysis: Has the industry learned its lesson after the collapse of a third unrated insurer in two years?
After three months of solvent run-off, Danish insurer Alpha finally fell over last month. Its collapse sent shockwaves through the market and prompted black cab drivers to besiege the offices of their London broker.
Interview: Steve Treloar and Jon Dye, LV and Allianz
When Allianz acquired 49% of LV’s general insurance business, it set the market talking. Martin Croucher talked to the CEOs of both businesses to chart their progress
Marsh group MGA eyes growth as it rebrands as ‘Victor’
Managing general agent the Schinnerer Group will rebrand as ‘Victor’ and is looking to double the $1bn in premiums that it already underwrites.