Articles by Mairi MacDonald
Quinn backs down on administration
The board of Quinn Insurance has withdrawn its objection to the petition for the appointment of joint administrators to the company.
Regulator welcomes High Court decision on Quinn Insurance
The Financial Regulator has welcomed the High Court's decision to confirm the appointment of a full time administrator at Quinn Insurance.
Icelandic cloud prompts Biba advice
The British Insurance Brokers’ Association has issued clarification and advice to travellers affected by the cloud of ash from a volcano in Iceland, which has caused major disruption across the UK’s airports.
Inter Resolve builds £30m war chest through VC deal
Inter Resolve plans to expand its personal injury claims business after securing a major funding deal with European venture capital firm Balderton Capital.
Aon Benfield names co-CEOs as Appel takes new role
Michael Bungert, Aon Benfield chief executive of the Americas, and CEO of International, Dominic Christian, have been named as co-CEOs of the Aon Benfield.
Law firms welcome class action u-turn
The government has dropped controversial plans in the Financial Services Bill to allow class actions against financial institutions.
Capita confirms Sureterm acquisition
Capita Group has bought specialised motor insurance broker, Sureterm Direct.
Matthews named new FSSC chairman
Trevor Matthews has been appointed as chairman of the Financial Services Skills Council.Mr Matthews is chief executive of Friends Provident and immediate past president of the Chartered Insurance Institute.
Homeserve makes US acquisition
Homeserve is expanding its international operations and the development of its US business with the acquisition of National Grid Energy Services service contract business from National Grid Energy Services.
Countrywide offering extended
Broker Network has launched a full membership proposition for Countrywide members called Countrywide Complete.
Nexus hires financial lines duo
Nexus Underwriting Management has hired two senior financial lines underwriters from Brit’s Lloyd’s Syndicate 2987.
Alec Finch names new Halifax boss
Alec Finch & Company has appointed Clive Oliver to head up its operations in Halifax. Mr Oliver joined Alec Finch in 2000 where he subsequently became client servicing manager to the Manchester operations.
Cooper Gay revenue grows 29%
Cooper Gay has reported its annual results for the financial year ending 31 December 2009.
Ace extends environmental offering
Ace UK has launched an environmental protect policy offering coverage for both SMEs and multinational operations.
Equity seals Kia affinity deal
Kia Motors UK has appointed Equity Direct Broking to administer its car insurance scheme. The three-year deal will see Equity providing branded policies through Kia’s network of 150 UK dealerships.
XL targets Irish mid-market
XL Insurance has launched a Dublin-based underwriting operation for middle market casualty business.
Sterling appoints head of commercial
Sterling Insurance Company has appointed Kevin Donoghue to the newly created position of head of commercial underwriting.
Former Willis director joins RFIB
A former executive director from Willis, Karl Haynes, has joined RFIB Group as director of international claims. Mr Haynes was at Willis for more than 25 years, most recently within its marine division with responsibility for the international, trade &…
Friends Provident pays out £34.5m in critical illness claims in 2009
Friends Provident paid £34.5m in critical illness claims in 2009 the company has revealed.
Torus appoints marine head
Torus has appointed Demian Smith as global head of marine with immediate effect. Reporting to chief underwriting officer of global specialty Dermot O’Donohoe, Mr Smith will facilitate the expansion of Torus’ specialty offering through the set up and…
XL targets Irish mid-market
XL Insurance has launched a Dublin-based underwriting operation for middle market casualty business.
HSBC duo joins Lonmar Global Risks
Lonmar Global Risks has revealed David Gray and Simon Henderson will be joining the company from HSBC Insurance Brokers to lead the accident and health division, within the non-marine business.
Sagicor revenue climbs to $1.2bn
The Sagicor Group of Companies reported total revenue for the year climbed to $1.2bn (£781m) from $1.1bn for the previous year. Premium revenue, net of reinsurance, grew by $130.9m or 18.4% to reach $842.9m.
Gallagher and Zenith in merger
Caribbean insurance broker CGM Gallagher Group has merged its commercial insurance broking portfolio with that of Zenith Insurance Brokers.