Commercial Lines – Page 250
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News
No disclosure, but uncertainty remains
Brokers are frustrated that the FSA has backed off mandatory commission disclosure, but will start a review of the decision in the New Year
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Online onlyFitch: UK insurers well positioned
Ratings agency says industry has "defied expectations"
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News
Senior team exodus continues at Erinaceous
Erinaceous Insurance Services (EIS) has lost another member of its senior team with the departure of business development director, Andy Poole.Poole will leave the troubled property services group on 31 December to take up a senior post at broker Miles Smith in its direct schemes and affinity business.Miles Smith chief ...
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JLT underwriting move
Jardine Lloyd Thompson (JLT) has created an independent underwriting division as part of a major global initiative to grow the group’s business.Thistle Underwriting will be led by former Dual Underwriting chief executive, James Gerry.The result of a 12-month strategic review, Thistle will commence trading early next year.JLT chief executive Dominic ...
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Contract uncertainty hits Leo shares
Shares in property insurance specialist Leo Insurance Services fell 6% as the company announced that one of its business units was likely to lose a major client.The listed property insurance specialist said its subsidiary, Grafton Insurance Services, was expecting to lose a long-term contract worth over a quarter of Grafton’s ...
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Oval restructures London broking divisions
Acquisitive broker forms new retail broking team
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News
Decision time for FSA
Michael Faulkner says it is time for the FSA to resolve its stance on commission disclosure and move on
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Online onlyDirect Fleet accelerates business
Over £500,000 of premium already submitted for quotation as Brit and HSBC sign up to insurer panel
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Online onlyGovernment given a lesson on flooding
UK must centralize its flood defences under one body to avoid future catastrophes
