Articles by Francesca Nyman
Quindell appoints former Helphire chairman and Prudential CEO
Quindell has made two senior appointments to assist in the development of the outsourcing firm's accounting policies.
Notable rate rises unlikely in 2015 despite hardening UK market
The soft UK insurance market has been tipped to harden in 2015, although there is still insufficient “pain” across the industry to spark material rate increases, according to sector commentators.
Chase Templeton acquires broker Best Health
Private medical insurer Chase Templeton has purchased Britsol-based broker Best Heath.
Acappella Holdings CEO confident of attracting' top talent'
Acappella Holdings CEO Jason Howard has said the platform’s combination of expertise and youth will allow it to attract "top underwriting talent".
AIG's European CFO exits
AIG’s chief financial officer for EMEA Tom Colraine has retired after seven years with the company.
European insurers expected to continue bolt-on acquisitions in 2015
Dividends and capital returns are likely to remain the hot topic for the insurance industry over the next twelve months, according analysts at German investment bank Berenberg.
Quindell enters 'exclusivity arrangement' over potential sale
Beleaguered insurance outsourcer Quindell is in talks over the possible disposal of a number of its operating business in order to generate cash.
Reinsurers forced to adapt models as rate pressure continues at January renewal
Tough times continued for reinsurers at the 1 January renewals as rate reductions, low investment returns and the continued influx of alternative capital offered little respite for struggling firms, according to the latest report from Willis Re.
MIB's West and Hughes Insurance founder awarded OBEs
Motor Insurers' Bureau CEO Ashton West has been made an Officer of the Order of the British Empire in the Queen's New Year's Honours List.
Allianz leads hull and liability policy for Air Asia jet
Allianz is the lead reinsurer on the hull and liability policy for the stricken Air Asia jet which crashed last week, Post understands.
US private equity firm among parties gearing up for Towergate bid
New York-based private equity firm Apollo is planning a bid for Towergate after purchasing some of the beleaguered brokers senior loans.
Prudential finance director James joins Admiral board
Admiral has appointed Prudential's finance director Penny James as a non-executive director.
ALC Health CEO awarded MBE
Sarah Jewell, founder and CEO of international medical insurance provider ALC Health has been awarded a Member of the Order of the British Empire in the New Year Honours list.
Elite cites 'fantastic growth potential' as it launches French office
Niche lines insurer Elite has signalled its intention to grow in the French market with the opening of an office in Paris.
Henderson Insurance Brokers records 8.7% turnover hike
Henderson Insurance Brokers posted an 8.7% increase in turnover to £24.5m for the financial year ended April 2014.
A&A reports £4.5m loss for 2013
Personal lines broker A&A Group has posted a pre-tax loss of £4.5m in 2013, compared with a profit of £1.17m for the previous year.
Insure The Box sales clears the way for XL takeover of Catlin
Catlin’s sale of Box Innovation Group to Aioi Nissay Dowa clears the way for its own acquisition by XL, although shareholders may need to be placated according to analysts.
Brockman hopes to be ‘last man standing’ after ITB manufacturer link-up
The partnership with Japanese insurer Aioi Nissay Dowa should prolong the life of Insure The Box as motor insurers become steadily obsolete, according to founder Mike Brockman.
Delays with insurer deals hits Towergate's figures as acquisition discussions continue
Towergate has revealed its income fell by 4% in final two months of the year compared with the equivalent period in 2013, with income from acquisitions partly offsetting the decline in organic income.
Towergate completes sale of Hayward Aviation to JLT
Towergate Insurance has completed the the sale of Hayward Aviation to Jardine Lloyd Thompson for a net cash consideration of approximately £23m.
ITB and Aioi Nissay Dowa are “marriage made in Heaven” says Brockman
The CEO and founder of telematics specialist Insure The Box has described the relationship with its prospective Japanese investment partner as a “marriage made in heaven”.
Stackhouse Poland MBO important ‘to maintain growth momentum’
The private equity backed management-buyout of independent broker Stackhouse Poland will allow the business to maintain its growth momentum but will not be “transformational” according to executive chairman Jeremy Cary.
Catlin agrees to sell Insure The Box stake to Aioi Nissay Dowa
Catlin Group has agreed to sell its stake in Box Innovation Group, to Aioi Nissay Dowa Insurance Company of Europe, a subsidiary of Japanese insurance giant MS & AD.
Home and motor premiums continue to fall shows Biba price index
The cost of home and motor insurance has continued to reduce in the last year, figures from the British Insurance Brokers' Association and Acturis Insurance Price Index show.