Broker News – Page 534
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Willis accelerates $400m share buyback
Willis has entered an accelerated share repurchase for an intial purchase price of $400m...
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Change to legal status of broker and insurer
The Law Commission has proposed a radical change in the contractual relationship between insurers and brokers. In its third issues paper, part of a wider review of insurance contract law, the commission has proposed a rewrite of agency law.As a result, where a broker acts negligently in obtaining pre-contract information, ...
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Only 40 seek claims authorization
Only 40 brokers have applied for authorisation under the new claims management company regulations due to come into force next month, Insurance Times has learned. Under the rules, brokers that procure 25 or more claims each quarter will have to comply with Department for Constitutional Affairs (DCA) standards from 23 ...
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Heath Lambert launches trade associations scheme
Heath Lambert Group has launched a new scheme designed for trade associations and their members...
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Marsh adapts to changing risk environment
Marsh chief executive Alex Moczarski outlines changes to allow the broker to respond more effectively to the volatile risk environment
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Oval buys build Scottish presence
Broker group buys top five Scottish broker to create Glasgow hub
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Aon claims scheme
Aon is to drive "tens of thousands" of personal injury claims through InterResolve, in a partnership expected to revolutionise Aon's claim process.Aon's corporate clients will be offered the service, which will give them access to InterResolve's bodily injury claims scheme. The scheme provides fixed legal, medical and mediation costs for ...