Articles by Mairi MacDonald
Capita's Andrew Beer passes away
Andrew Beer, managing director of Capita Insurance Services’ corporate division, has passed away.
Allianz CEO Torrance to move to US role
Andrew Torrance is to take over as chief executive of Allianz’s US-based Fireman’s Fund Insurance Company after a decade as CEO of Allianz UK.
Ex-RBSI claims trio targets insurance industry with advisory firm
A group of senior claims professionals have joined forces to target the insurance sector with the aim of helping firms navigate the raft of new legislation that is reshaping the industry.
The Co-operative plans stock market listing
Shares in the Co-operative Bank will be available on the stock market for the first time as part of a plan to strengthen its capital position to the tine of £1.5bn.
Quindell prepares for full stock exchange listing
Quindell said it will be holding three "teach-ins" starting next Tuesday at its offices in Hampshire and London, in a bid to "provide a deeper understanding of the business".
Hertz buys accident management firm CCL
UK Car rental giant Hertz has entered the UK replacement vehicle market with the acquisition of Dorset-based accident management provider CCL.
Accenture reports 10% rise in fraudulent insurance claims in three years
More than two-thirds (71%) of claims executives at European property and casualty insurance companies have seen an increase in the number of fraudulent claims over the past three years, according to Accenture.
Accenture finds fraudulent insurance claims rise 10% in three years
More than two-thirds (71%) of claims executives at European property and casualty insurance companies have seen an increase in the number of fraudulent claims over the past three years, according to Accenture.
Randall & Quilter upbeat ahead of AGM
Randall & Quilter's first half financial result is expected to be in line with the board's expectations, according to chairman and chief executive Ken Randall.
Editor's comment: Ringing the changes
The Financial Conduct Authority’s review of motor legal expenses insurance was given an airy response by the LEI sector.
Levene calls for clarity around Co-op's failed bid for Lloyds branches
Former Lloyd's chairman Lord Levene has called on government to confirm whether it favoured the Co-operative Bank's takeover bid of 632 Lloyds Banking Group branches over one by his own vehicle, NBNK.
Acromas considering £4bn refinancing deal
AA and Saga parent company Acromas is understood to be close to securing a refinancing deal that could lead to the break-up of the group.
Marsh executive joins Bluefin
Bluefin has appointed Sarah Hewitt as head of client services in London, where she will manage the team of corporate account executives.
Brit enters political & credit risk market
Brit has entered the political & credit risk market with the appointments of Peter Jenkins and John Lentaigne as co-heads of the new division.
Brit chairman Prettejohn joins PRA board
Brit Insurance chairman and former Lloyd’s chief executive Nick Prettejohn is joining the board of the Prudential Regulation Authority following approval by the Chancellor of the Exchequer.
UK General commercial plans boosted by ex-RSA director appointment
UK General has appointed former long-term RSA director Ian Barker as its new commercial technical director in a bid to strengthen its underwriting and portfolio management capabilities.
Giles Insurance Brokers reports £2.25m loss
Giles Insurance Brokers has reported a £2.25m loss for the year to 31 August in 2012 compared to a profit of £998 000 in the previous year.
Ex-Axa director joins Hiscox Europe board
Hiscox has appointed former Axa director Florence Tondu-Melique as its new European chief operating officer.
Willis names new directors ahead of Plumeri board retirement
The Willis board has nominated Francisco Luzón and Jaymin Patel as directors of the company, which completes the slate of directors that will be presented to shareholders at the upcoming annual general meeting.
'Major changes' on horizon for BP Marsh
BP Marsh & Partners has reported a 10.6% increase in net asset value to £55.5m for the year to 31 January 2013 (2012: £50.1m) and net asset value per share of 190p (2012: 171p).
Private equity backers fail in aim to boost targets' productivity, says study
Publicly listed firms that are subject to a private-equity buy-out see their performance fall further behind industry rivals, according to research by three academic institutions.
Axa chief urges French president to learn from British mistakes
Axa chairman and chief executive Henri de Castries has called for French president François Hollande to "learn the lessons of Britain's experience" in the 1970s and tackle the levels of debt in France's economy.
R&Q completes French acquisition
Randall & Quilter Investment Holdings has closed the acquisition of the share capital of French domiciled insurer La Réassurance Intercontinentale from MMA.
Hardy names Bunting as claims head
Hardy Underwriting has appointed Matt Bunting as head of claims.