The London & International Insurance Brokers' Association (Liiba) has said the £1mn it is planning to contribute towards funding a £250mn London market modernisation initiative is "entirely appropriate".
The London Market Group (LMG) has invited young professionals to be more involved in the Target Operating Model (Tom) modernisation programme and confirmed that it has dropped the idea of a slip levy to fund the process.
Mid-sized independent broker Besso has reported strong top-line results for the year ended 31 December 2014, with an 11 percent increase in turnover to £32.3mn ($49.9mn)
XL Catlin has appointed Robert Peretti as senior vice president, head of broker and client management in the Americas, the company announced yesterday (15 October)
