Brit Insurance
Brit share deal extended again
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended for a sixth time.
Brit Insurance adds property and packages underwriter
Brit Insurance has expanded its combined property and packages London team with the appointment of Stuart Wolstenholme as property and packages underwriter.
People moves – 3 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 3 February 2011 edition of Post.
Ex-Lloyd's CEO Prettejohn confirmed as Brit chair-in-waiting
Former Lloyd's CEO Nick Prettejohn has been confirmed as Achilles nominated candidate to takeover as chairman of Brit Insurance.
Brit share deal extended for fifth time
Achilles' has extended the deadline by which Brit shareholders can accept or decline the private equity consortium’s offer for the company for a fifth time.
Brit appoints property underwriter
Brit Insurance has appointed Robin Murray as property and combined underwriter.
Brit Insurance share deal deadline extended - again
Brit shareholders have more time to decide whether to accept an offer from Achilles after the deadline was extended for a fourth time.
Brit acquisition deadline extended to March
The deadline for acceptance of Achilles’ offer to buy Brit Insurance has been extended for a third time.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
Interview - Karen Ellis: One's formula for success
With the management buyout of motor sport specialist Ellis Clowes & Company from THB, Karen Ellis has certainly made her mark. She talks to Amy Ellis about remaining in pole position in its niche.
2011 tipped to finally see an upturn in Lloyd's M&A action
Takeover speculation among Lloyd's insurers look set to continue throughout 2011, after Canopius kicked off the year with an approach for rival Omega.
People moves - 13 January 2011
A round-up of people moves and new appointments in the industry, as featured in the January 13 2011 edition of Post.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
People moves - 6 January 2011
Here are the people moves as featured in Post the issue dated 30 December 2010/6 January 2011.
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
Brit appoints PI underwriter
Brit Insurance has named Mark Figes as class underwriter for its international professional indemnity division.
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
Brit adds motor underwriter
Brit Insurance has appointed Gerry Ross as an underwriter in its UK commercial motor team.
Brit announces board member's departure date
Brit Insurance has today announced that Matthew Scales will step down as a board member on Monday 20 December 2010 following the Extraordinary General Meeting on Friday 17 December 2010.
Fire risks - Non-deliberate: The desire to fight fire
Fire has always been a fierce adversary of both businesses and insurers. A major blaze can cause havoc to both small and large commercial premises, while also leaving a lasting mark on the bottom line of an insurer.
Claims supplement - London Market Modernisation: We've come a long way
The introduction of the electronic claims file system has modernised the way the London market handles losses. Jane Bernstein reports on where these advances may lead next.
Underwriting Service Awards 2010 - QBE scoops team of the year
Over 200 underwriters packed into the Grange City hotel in London last night for the inaugural Underwriting Service Awards from Post, rewarding excellence and achievement in general insurance underwriting.
Career development & CSR news: Brit honours the country's brightest volunteer coaches
Brit Insurance has honoured the UK's finest school sports development volunteers.
Editor's comment: Commercially viable
The news that Iprism has secured private equity backing, which effectively values the business at £50m, is further evidence that the future of online commercial trading has finally reached its 'tipping point'.