Broker News – Page 213
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NewsAlastair Lyons quits as Serco chairman after admitting ‘mis-steps’
Announcement comes after string of profit warnings and a strategic review at outsourcer
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Online only'Gibraltar must be ready for Solvency II'
Can Gibraltar’s insurers keep up with Solvency II?Efforts by Gibraltar’s Financial Services Commission (FSC) to prepare for Solvency II are paying off.Accounting firm Deloitte’s annual study of the Gibraltar motor insurance market shows that eight of Gibraltar’s firms had solvency margins higher than 200%, up from five at end-2012.But the ...
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NewsTEn 'secures future' as it completes employee-ownership programme
TEn’s employee benefits trust owns almost 70% of the shares in the company
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NewsAon launches new $5bn share buy-back programme
Broking group now authorised to repurchase up to $6.1bn of its own shares
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NewsDUAL hires Stephen Bonnington to head up PI division
The MGA has also hired professional indemnity veteran Peter Holt as chairman
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NewsHiscox launches new bike offering on broker comparison site
Bikmo Plus will be available through Butterworth Spengler’s aggregator Bikmo.com
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NewsBrightside hires Lloyds Bank underwriting manager to grow home book
Chris Gardner will be responsible for building and pricing home insurance products
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NewsGallagher-owned Deacon to launch more quote-and-buy online products
Broker eyes March launch for expanded product set
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NewsLloyd's broker EPG expands and rebrands to Shepherd Compello
Shepherd Compello wants to expand into marine cargo, high net-worth and commercial property
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NewsLV= to get closer to brokers with marketing director promotion
The insurer says its new insight programme will help it gain a better understanding of brokers’ changing needs
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NewsCapita Insurance boss Nick Greatorex promoted to group finance director
Greatorex will be replaced by executive director of health and wellbeing Jim Vincent
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NewsNicolas Aubert to replace Steve Hearn as Willis UK Insurance boss
Aubert is currently AIG Europe, Middle East and Africa (EMEA) chief operating officer
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NewsEssex-based MGA IIG to launch facility for railway contractors
Facility to cover liability for trackside work
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NewsGallagher’s Pen Underwriting to open Bristol and Leeds offices with Fusion hires
New offices to be headed by ex-Fusion executives Nick Milton and Rob Chapman
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NewsAXA launches new data tool to help brokers assess risk of new business
Brokers will get to see information ranging from; financial performance to flood, subsidence and theft issues
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NewsAviva to axe 30 jobs from Belfast office
The roles affected will be in the claims department - according to reports
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NewsFormer Bluefin director completes MBO of Bradford-based broker
Marshall Sugden wants to grow Packetts, formerly Sydney Packett & Sons, to be a £20m premium income broker
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NewsDiversification boosts Catlin GWP by 11% despite rates decrease
The rates across Catlin’s entire portfolio decreased by 2.9% during the nine-month period
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NewsInsurance companies owed £429,051 by collapsed London broker
The FCA cancelled EPLS’ permission to sell financial services in September
