Lockton Companies
Market Moves - 16 April 2015
Who has moved where this week in the insurance industry.
Interview: Steve Bamforth: Come together
A one-company man, Steve Bamforth became CEO of Liverpool-based Griffiths & Armour aged just 38. Now, with a strategy of acquiring teams rather than businesses, he gets a buzz from giving youth a chance
C-Suite - Broker: Wanted: politician for apprenticeship
Partisan politics and short-term thinking hinder the insurance sector. What can be done to change this?
Hacking: One step ahead
The problems caused by the question of making company systems more secure from hacking continues to prey on the industry’s mind. But just how can they stop unauthorised people from breaking down their digital doors?
JLT's Cooper joins Lockton for Australia property role
Lockton has appointed Stephen Cooper as head of its real estate and construction team.
Regional Review: Glasgow
Glasgow’s reputation as a vibrant, people-orientated city is reflected in its dynamic general insurance market in which over-capacity and a high number of resident brokers have not deterred new players from pouring in. Even hardened insurance…
Insurers likely to benefit as Treasury looks to hike Pool Re fee
The government’s attempt to increase the fees it receives from Pool Re will provide substantial growth opportunities for independent insurers as buyers look for alternative cover, according to Lockton’s terrorism head.
Solicitors faced 'less difficulty' in 'benign' PI renewals season
Despite recent volatility in the solicitors’ professional indemnity market, most firms had less difficulty renewing their cover this year, according to a survey of managing partners.
C-Suite - Broker: Groundhog day
The continued use of unrated insurers in the solictor’s professional indemnity market is concerning
Lockton recruits from JLT for Greater China CEO role
Alex Yip, former chairman and general manager of China at JLT, has joined Lockton to become CEO of Greater China.
Lockton buys Griffiths & Armour's Scottish operation
Lockton has completed a deal to acquire the Scottish office of Griffiths & Armour, giving the former its first office in Glasgow.
Ex-Independent colleagues Rutter and Blakemore launch underwriting start-up
The former head of London market at Independent Insurance Keith Rutter has co-founded a start-up underwriting firm alongside his ex-Independent colleague John Blakemore.
Lockton hires Duncan to head Scotland corporate risks team
Lockton has hired former Marsh and Aon broker Gordon Duncan as head of its corporate risks team in Scotland as it eyes further regional expansion.
Airmic: Conference Speakers: Mike Hammond, Mark Well, Mike McGavick and Philipe Rocard
This year’s Airmic conference, held in Birmingham from 16 to 18 June, will see a record number of attendees descend on the UK’s second city. We caught up with some of the speakers to find out a bit more about them, what they thought this year’s talking…
Lockton snaps up Motorsport specialist
Broker Lockton has completed the acquisition of Leeds-based motorsport broker, MIS Motorsport.
Lockton signs up to Biba PI panel for a further three years
The British Insurance Brokers' Association has renewed its professional indemnity accredited broker contract with Lockton for a further three years.
Europe: International Product Recall
Food contamination issues can be extremely serious - and even if it happens in a country many thousands of miles away, news travels fast, which could mean bigger insurance implications for the companies involved.
Callaghan and Sagar to leave Lockton in Asia
Post understands Lockton's executive chairman, Asia-Pacific Gerry Callaghan is retiring at the end of the year, whilst the CEO of Singapore Manan Sagar has resigned.
Regional Review: Leeds
The fact that Leeds is a city on the up has not been lost on the regional insurance market, which counts a multitude of major insurers and a thriving community of brokers within its ranks.
Randall appointed senior vice president of Lockton
Lockton has appointed Mark Randall as senior vice president, who joins the MENA operation in the Dubai International Finance Centre.
Industry doubtful SRA minimum rating plan can boost solicitors’ PI market
Regulator finishes eight-week consultation on possible ‘B’ minimum.
Solicitors’ Professional Indemnity: Whipping up a storm
With the Jackson reforms and the ‘Plebgate’ debacle presenting solicitors with a host of new challenges, what impact has this all had on the solicitor’s professional indemnity market?
C-Suite: Broker: After the horse has bolted
According to a recent BBC report, the South East and Central Southern England had a record 175.2mm of rainfall in January – beating the previous record of 158.2mm, set in 1988.
Lockton expands global technology practice
Broker Lockton is expanding its global technology and privacy practice with three staff moves in major cities to support clients on cyber liability and related risk management issues.