Articles by Ryan Hewlett
AA fires executive chairman for ‘gross misconduct’
The AA has fired its executive chairman Bob Mackenzie for "gross misconduct".
Lord Justice Jackson scales back fixed recoverable costs proposal
Lord Justice Jackson has recommended extending fixed recoverable costs for fast-track legal cases and a new fixed cost intermediate track for claims worth up to £100,000.
Ascot launches standalone MGA platform, appoints former AIG executive
Ascot has named former AIG executive Greg Wolyniec as new head of global strategy, effective 31 July 2017.
Neon names Boorman head of financial lines
Specialty carrier Neon has named Charles Boorman head of financial lines.
Towergate takes aim at specialty market with Geo Specialty launch
Towergate Underwriting has set its sights on the London speciality market through the launch of Geo Specialty.
GDPR to boost UK cyber insurance take up, says Hiscox CEO
Incoming European data regulations will drive demand for cyber insurance in the UK, according to Hiscox’s CEO.
THB Group names Botelho as European director
Specialist insurance and reinsurance broker, THB, has appointed Rodrigo Botelho as director of its European division.
Dale Underwriting Partners receives Lloyd's nod on contingency SPA
Dale Underwriting Partners has been granted in principle approval by the Lloyd’s Franchise Board to establish a special purpose arrangement.
Italian regulator places broker Ariscom into special measures
The Italian insurance regulator has placed broker Ariscom into special measures.
Gallagher posts 6% rise in H1 broking profit
AJ Gallagher posted a 6% rise in profit for its broking business in the first six months, compared to the same period last year.
PPL update expected mid-September following delays
Placing Platform Limited, the London market’s electronic placing platform, will get its next update in mid-September, the platform's board has said.
Kennedys launches incubator platform to modernise legal services
Global law firm Kennedys has launched an incubator platform to build technological innovation within the legal sphere.
Lancashire profit up at $67m in H1
Property and casualty insurer Lancashire reported an 18% rise in first-half pre-tax profit thanks to a benign loss period.
Syndicate DTW 1991 names two new underwriters
Randall and Quilters Lloyd’s Syndicate DTW 1991 has appointed two underwriters to its UK and international underwriting team.
Beazley's H1 profit up 6% thanks to speciality lines and investment gains
Lloyd's of London insurer Beazley reported a 6% rise in first-half pre-tax profit, thanks to growth in its US specialty lines business and investment gains.
UK government releases final ILS regulations
The UK government has published regulations that will introduce a competitive regulatory and tax regime for Insurance Linked Securities.
Hannover Re completes acquisition of Lloyd's syndicate
German reinsurance giant Hannover Re has completed the acquisition of the UK holding company Argenta Holdings.
Insurtech funding hits $985m, up 248% in Q2
Funding for Insurtech start-ups saw a 248% increase to $985m during the second quarter of 2017, said Willis Re.
Insurance could cut natural disaster bill for developing nations by $11bn, says RMS
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian aid needed, according to a new report.
Nexus enters US market with Zon Re deal
Specialty managing general agent Nexus Group has acquired US personal accident treaty reinsurance MGA Zon Re.
Reinsurance rates fall in June and July renewals
Reinsurance market pricing has maintained the downward trend seen at the January and April renewals, despite first quarter deterioration for many reinsurers’ results, according to Willis Re.
Castel Specialty enters construction market
Castel Specialty has expanded its book of business with the launch of a construction portfolio.
Cunningham Lindsey names UK operations directors
Global loss adjuster Cunningham Lindsey has appointed two UK operations directors, Stephen Kerr and Scott Cameron in the South and North of the UK respectively.
Swinton names Walker insurer development director
Broker Swinton has appointed Kirsty Walker as its new director of insurer development and product.