Articles by Katie Marriner
EISL director fined by FCA for fraudulent NCD forms
EISL director Philip Eley has been fined £7200 by the Financial Conduct Authority and banned from working in his approved capacity by the regulator.
Brit IPO raises £240m for shareholders
Lloyd’s insurer Brit has priced its shares at 240p each as part of its IPO which has raised around £240m for shareholders.
Only 2% of insurers ready to implement Pillar 3
A PWC poll has found 68% of insurers are less than halfway through the Pillar 3 reporting process for Solvency II.
Swinton restructures regional network
Swinton Commercial has restructured its regional network splitting it into three new geographical areas and appointing three regional managers.
Specialist MGA appoints Charles Taylor as service provider
Charles Taylor Insurance Services has been appointed to provide services to managing general agency Hunter George & Partners.
Lee and Brown took 2013 pay-cut with no bonus awards
RSA UK and Western Europe chief executive Adrian Brown and former group CEO Simon Lee saw their pay packets take a dive in 2013 after not receiving bonuses.
McManus prioritising 'personal ambitions' with AJG departure
Arthur J Gallagher UK retail chief executive Brendan McManus is leaving the organisation to “tackle unfulfilled aspirations elsewhere”.
McManus to leave AJG
Arthur J Gallagher UK chief executive Brendan McManus is to leave the company in January 2015.
Cunningham Lindsey hires Jobling for Newcastle-based role
Cunningham Lindsey has appointed Ken Jobling as a specialist liability adjuster in its major and complex loss team.
McLarens re-enters Australian market
McLarens has re-entered the Australian market and appointed Martyn Wicht as general manager of the business.
Brokers risking regulatory fines due to ‘misunderstanding’ of Bribery Act
Compliance experts issue warning following penalties for Besso, JLT and Aon.
Regulators urged to provide value for 24% increase in costs
Commentators suggest FCA should move outside capital.
Draper rejoins Chubb for casualty role
Chubb has appointed Dave Draper as its casualty manager for the UK and Ireland.
Ace hires Westwood for Birmingham role
Ace Group has appointed Matt Westwood as business development manager for Birmingham and the East Midlands.
DLG's Geddes nets £2.4m total remuneration
Direct Line Group chief executive Paul Geddes saw a 27% increase in the value of his pay package in 2013.
Quartix appoints Palmer-Baunack as non-exec
Vehicle tracking supplier Quartix has appointed Avril Palmer-Baunack as non-executive chair.
Canopius reports record £99m post-tax profit
Canopius has reported a 25% increase in gross written premiums and an improved combined ratio as it ended its 10th year of operation.
Irish insurer launches bicycle theft product
Irish insurer Blue Insurances has launched a bicycle theft product for cyclists.
Fitch predicts pressure on Flood Re due to public funds uncertainty
Uncertainty around UK government spending on flood defences could lead to Flood Re facing higher-than-expected claims in the future, according to Fitch Ratings.
Besso fined £315 000 by FCA
Broker Besso has been fined £315 000 by the Financial Conduct Authority for failing to take reasonable care to maintain controls against the risks of bribery and corruption.
BLM joins forces with Scottish firm
Insurance law firm Berrymans Lace Mawer is joining forces with Scottish firm HBM Sayers in a deal expected to complete on 1 May.
AGCS elevates Mack to chief claims officer
Alexander Mack has been appointed to the newly created chief claims officer role on the Allianz Global Corporate and Specialty management board.
Personal lines brokers told to shore up data defences after Aviva breach
PRA and FCA expected to increase scrutiny of data protection systems.
Halo launches French retail site
Halo Insurance Services has launched a retail site in France selling excess car hire insurance direct to the customer.