Daniel Dunkley
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Xchanging restructures UK business
Business process outsourcing company Xchanging has restructured its UK business.
Biba welcomes MIB TV campaign on uninsured driving
The British Insurance Brokers’ Association has welcomed the television campaign due to be launched by the Motor Insurers’ Bureau to tackle uninsured driving.
Brit lands Aviva REC book
Brit Insurance has won JLT’s book of business for the Recruitment and Employment Confederation (REC) from Aviva.
Omega Q1 GWP steady as cat losses “compare favourably to peers”
Omega Insurance Holdings has posted gross written premiums of $129.5m (2010: $124.5m) in Q1 2011.
M4 Underwriting and Allianz locked in coverholder talks
The capacity arrangement between M4 Underwriting and Allianz could be set to end within the next few months as talks stall over a renegotiation of a contract between the firms.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
Amlin AG appoints new board member
Professor Stefan Materne has been appointed to the board of directors of Amlin AG in Zurich.
RSA swoops for marine broker
RSA has expanded its regional footprint and intermediary network through the acquisition of Nottinghamshire-based broker Noble Marine, Post can reveal.
Axa confirms Gill departure
Axa has confirmed customer delivery director Dave Gill is the latest casualty of the insurer's sweeping restructure.
Solicitors’ Indemnity Mutual Insurance Association goes into run-off
SIMIA, the mutual insurance company for professional indemnity insurance above £1m to firms of solicitors based in England and Wales, has confirmed it is to cease taking on new business.
Greenwoods joins Telecoms fraud body
Defendant insurance law firm Greenwoods Solicitors has joined the Telecommunications UK Fraud Forum, a body for the exchange of information and the promotion of a united effort against telecommunications fraud.
Aon selects new London HQ
Aon has selected The Leadenhall Building as its future London headquarters.
Biba 2011: Cyber insurance to “be worth more than D&O and P&L combined”
Graeme Newman, business development director at underwriting agency CFC, has predicted the rise of cyber insurance, as cyber-related crime and scandal hit the national headlines.
RSA reports Q1 premium rise
RSA has reported net written premiums of £2.1bn, up 8%, in the first quarter of 2011.
Biba 2011: Contingent Commissions not a “big deal” for Aon
Aon president Greg Case has stressed the issue of contingent commissions in the US were never a major issue as the broker instead focuses on “transparency” it offers its clients.
Biba 2011: Axa commercial lines restructure 'complete'
Axa commercial chief executive Amanda Blanc has revealed the restructure of the firm is “complete”, including the identification of 114 senior management staff who will leave the business.
Endsleigh faces £30m High Court legal action over claims
Endsleigh faces a £30m High Court showdown with Southern Rock, and Markerstudy, over its alleged failure to provide “technically accurate” claims handling for the two companies.
Ryan Specialty set to swoop for Jubilee
Lloyd’s insurer Jubilee is set to be sold to US firm and wholesale broker Ryan Specialty.
Coverzones founder appointed Powerplace CEO
Powerplace has confirmed that Coverzones founder and former CEO Simon Ball is to replace Matthew Reed as chief executive at the company.
Chubb appoints Ireland claims manager
Chubb Insurance Company of Europe has appointed Tony Fitzgerald as manager of its claims business in Ireland, reporting directly to Lynn George, European Claims Manager
Chubb appoints Ireland claims manager
Chubb Insurance Company of Europe has appointed Tony Fitzgerald as manager of its claims business in Ireland, reporting directly to Lynn George, European claims manager
Esure targets "third revenue stream" with broker launch
Direct insurer Esure is set to launch a new venture - Esure Broker - to target additional risks as it progresses towards an initial public offering.
Solvency II drives in-depth cat models
Aon Benfield, is to highlight how recent natural hazards – coupled with Solvency II – have fuelled demand for more in-depth evaluation of catastrophe models.
Chartis COR hits 119% in Q1 as insurer is hit by $1.7bn cat costs
Chartis, the non-life division of AIG, has reported a first quarter operating loss before net realized capital gains of $463 m, reflecting $1.7bn of Catastrophe losses comprised of $1.3bn for the Japan earthquake and tsunami.