Daniel Dunkley
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London market “more competitive” following budget
The International Underwriting Association’s chairman Stephen Riley has welcomed recent changes to corporation tax in June’s emergency budget.
Heath Lambert in charity tie-up
Heath Lambert has won the tender to provide personal lines and life insurance products for leading health charity Diabetes UK.
City insurer to hold iPad board meetings
Torus, has become the first company in the UK to hold paperless board meetings following a trial of Apple iPads.
World Cup insurance breakdown
The football World Cup will be insured to the tune of an estimated £6.2bn when it kicks off in South Africa on Friday, according to Lloyd's.
Cooper Gay delivers warning on D&O
Dan Barton, managing director of professional risks at Cooper Gay, has said many international companies with subsidiaries spread across the globe do not have adequate controls in place to ensure they remain both compliant and sufficiently protected…
Cornish Mutual confirms new deputy chairman
Ian Pawley has taken up the role of deputy chairman with South West insurer, Cornish Mutual, having been a board member since November 2008.
First Central opens new sales centre
First Central Insurance Management, the service provider for online motor insurer 1st Central, has opened a new sales centre accommodating 80 members of staff.
Lloyds TSB welcomes “important” Hastings deal
Lloyds TSB Corporate Markets has confirmed its intention to back the Hastings management team.
Claims head Millar quits RBSI
Julian Millar, head of specialist claims operations at Royal Bank of Scotland Insurance, has parted ways with the company.
Broker Hastings gets major capital injection from Lloyds TSB
Personal lines specialist Hastings Direct has become the latest broker to receive third-party capital after agreeing to a £20m cash injection from Lloyds TSB Corporate Markets.
Wood advisory role
Gateshead-based Northern Counties Insurance Brokers has appointed Mark Wood, managing director of UKGI, pictured, in a non-executive advisory capacity.
Groupama appoints new chief actuary
Groupama has appointed Niraj Shah as chief actuary, with current actuary Steven Blake set to join RSA.
Chubb confirms £41.5m Lloyd’s syndicate
Chubb has confirmed it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882.
Hyperion backer posts profit for 2009
Venture capitalist BP Marsh has posted a consolidated profit on ordinary activities after tax of £0.3m for the year ending 31 January 2010 (31 Jan 2009, loss of £1.7m).
Aviva appoints new Romania chief
Aviva has appointed Mihai Popescu as chief executive of Aviva Romania.
Simply Biz appoints MDs
Simply Biz PLC has made Matt Timmins & Neil Stevens Joint managing directors of the Simply Biz Group.
Prudential AIA bid collapses
Prudential’s bid to acquire AIG’s Asian arm, AIA, has collapsed in the early hours of this morning, according to reports.
Aviva appoints new Romania chief
Aviva has appointed Mihai Popescu as chief executive of Aviva Romania.
HDI-Gerling in regional shake-up
HDI-Gerling is to form two new business divisions, major and global risks and UK corporate, together with the creation of a new regional structure.
Congregational appoints new claims head
Congregational & General is to appoint Andrew Morgan as claims manager, working across home and church divisions of the organisation.
Prudential faces ‘no’ votes over AIA deal
F&C Investments and Cavendish Asset Management, two investors in the insurer Prudential, have both indicated they are to vote ‘no’ on the firm’s proposed acquisition of AIG’s Asian arm, AIA
Asian insurers need to become customer driven, Whittington says
General insurers in Asia need a closer relationship with their customers, and the direct distribution model is a critical success tool in achieving this objective, according to Charles Burgess, managing director of Whittington Asia Pacific.
Irish government to offload health insurer
The Irish Government has revealed it is to sell state-owned medical insurer VHI after injecting capital into the state owned firm.
Irish government to offload health insurer
The Irish Government has revealed it is to sell state-owned medical insurer VHI after injecting capital into the state owned firm.