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Brit CEO vows to target growth while committing to Simply Business
Mark Cloutier has promised to go on the attack by targeting growth in key areas following a business restructure towards global specialty underwriting, which he describes as "99% complete".
EIP extends affinity deal with Royal British Legion subsidiary
Equity Insurance Partnerships has agreed to extend its 10 year-old affinity partnership with Poppy Insure, the trading subsidiary of The Royal British Legion.
RBS denies speculation of affinity split with DLG
The Royal Bank of Scotland has denied suggestions that UK Insurance will be stripped of its position as personal insurance provider for banking customers following the upcoming separation.
Be Wiser targets college leavers following fourth office opening
Independent broker Be Wiser has marked continued growth in the business by opening the firm's fourth office in Andover.
Brit unveils positive 11.5 point COR swing as business takes new direction
The Brit Group has this morning recorded a combined operating ratio of 93.3% for the first six months of 2012 (30 June 2011: 104.8%), having completed a restructure into becoming a focused global specialty underwriter.
Post Claims Club chair's monthly missive: Beach volleyball and insurance sop
On Wednesday this week I received an email from a Claims Club regular I have been in discussion with about speaking at the next meeting.
Cooter departs QBE after helping with Brit integration
QBE has confirmed the departure of Simon Cooter, former Brit director of market management and regional operations, having assisted in the business integration following the April takeover.
Lloyds GI profits fall 30% owing to PPI, pet and weather claims
Lloyds Bank's underlying general insurance profit decreased by 30 per cent to £158m (H1 2011: £226m) in the first half of 2012.
BGL snaps up Dutch aggregator
BGL Group has acquired Dutch aggregator Verzekeringssite, further boosting its European footprint.
GAB Robins graduates experience weather claims surge response
GAB Robins' graduate recruits will start work more than a month ahead of the original September start date to experience handling the recent surge in weather-related claims.
Escott quits Capita
Capita's general insurance managing director, Brent Escott, pictured, has left the business by "mutual agreement" after seven months in the job.
Endsleigh teams up with Open GI
Endsleigh Business Insurance Services has begun using technology firm Open GI's new software platform which produces policy quotes in minutes.
Market moves: Hiscox reshuffles management team in busy week for insurers
Axa, Mitsui Sumitomo and Zurich were the busiest recruiters last week, but Hiscox has been the most active in the past seven days after reshuffling its management team.
Towergate on course to double 2011 acquisitions total, says M&A boss Saulter
The acquisition of two more insurance brokers has seen Towergate match the total number of deals it closed in 2011 in the first seven months of this year.
Climate Change: Turbulent times
With climate change a growing global concern, how is the insurance industry playing its part in saving the planet?
Your say: An ethical duty to tackle fraud
It was curious that two Post articles last week included comments about the potential downside of tackling application fraud.
View from the top: Much to do about flooding
The need for a new flood strategy is now urgent as the 'temporary' 12 year-long solution is no longer feasible, says Tom Woolgrove.
Telematics Expo: Telematics set for mainstream, claims SSP boss
Telematics has a "mainstream" future despite its niche beginnings, according to SSP's managing director of insurance.
Telematics Expo: Feedback not a quick fix for improving driving standards
Incorporating a telematics box into a driver's car does not necessarily make a policyholder a safer or better driver, despite claims to the contrary.
Telematics Expo: Data fears unfounded in a social media world
A fear of telematics owing to data protection and privacy issues is outdated in a world where people voluntarily share so much information online.
Aviva parts company with director as McFarlane's shake-up takes effect
Aviva chairman John McFarlane has pressed ahead with his pledge to streamline the insurer's hierarchy by making long-serving director Mark Hynes redundant.
Confused unveils new telematics service and TV advert
Confused has launched new telematics service with five insurers and is due to go live with a sixth, Hastings Direct, tomorrow.
Law firms attack mesothelioma victims scheme for excluding other asbestos sufferers
Law firms have attacked the government's plans for a mesothelioma victims support scheme that excludes other asbestos sufferers.
Post magazine - 26 July 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.