Broker
Deakin targets commercial retail growth at Arthur J Gallagher
Arthur J Gallagher UK commercial director Janice Deakin is confident of achieving growth in the commercial retail space after describing it as “an ideal time” to be targeting business.
90% of insurance staff proud to work in the sector
Research by recruitment firm Randstad has revealed that 90% of insurance professionals are proud to work in the industry.
Mike Lobb joins US Risk UK
Former Howden Broking Group chief of staff Mike Lobb has been appointed the first managing director of US Risk UK.
Hyperion stake sale nets £29m for BP Marsh
The sale of a 30% stake in Hyperion to General Atlantic has banked the private equity firm £29.2m according to accounts released today.
Aon opens new Cambridge office
Aon Risk Solutions is opening a new office in Cambridge as well as expanding the existing Aon offices based in St Albans and Chelmsford as part of regional expansion plans.
Plumeri joins KKR
Former Willis Group chief executive and chairman Joseph Plumeri has been appointed senior advisor at Kohlberg Kravis Roberts & Co LP.
Marsh networks boss looking north for new members
Marsh’s networks leader Martyn Denney has vowed to boost membership in the north of England and in Scotland.
FP Marine in China aquaculture move
PICC and Dalian Zhangzi Island Fishery Group initiated a wind index marine aquaculture insurance which is the first policy of its kind.
Ascent launches SME general liability extension
Managing general agent Ascent Underwriting, which specialises in emerging risks, has launched a general liability coverage extension to further enhance the cover provided to small and mid-market business clients.
Plumeri joins investment firm KKR
Former Willis Group chief executive and chairman Joseph Plumeri has been appointed senior advisor at Kohlberg Kravis Roberts & Co LP.
SGI Law acquires Challinors’ PI portfolio
Liverpool-based SGI Legal has acquired the personal injury caseload of Midlands-based firm Challinors.
Chinese broker boss found in Fiji
Chen Yi, the head of Shanghai Fanxin Insurance Agency, has been found in Fiji and has been extradited to China after it is alleged she had fled the country.
Brit developing 'tactics' to counter Aon/Berkshire Hathaway type deals
Brit Insurance chief executive Mark Cloutier claims his firm has a “defensive strategy” in place to counter the impact of an increase in high-profile broker line slips.
Double appointment for JLT Nottingham
JLT Specialty has made two appointments to its team in Nottingham.
Smith Greenfield joins Pink Insurance panel
Smith Greenfield has been appointed as the specialist provider of higher value home and contents insurance to the General Insurance panel of mortgage and insurance network Pink.
Equinox Global strengthens international team
Equinox Global has appointed Joe McNamara as vice president of credit and political risk in New York and Dagmar Böhning as underwriting manager, at Equinox Global in Hamburg, Germany.
Dane Douetil takes the reins at BMS Associates
BMS Associates has named Brit Insurance chief executive Dane Douetil as its new group CEO.
Post Intelligence – company profile: Kraft Foods
In October 2012 Mondelez International spun off Kraft and it listed on Nasdaq. Valued at around $32bn, Kraft has implemented a restructuring programme to help it survive as a standalone company.
Post Intelligence – company profile: Yum Brands
Yum has nearly 37 000 restaurants globally, including Taco Bell, KFC and Pizza Hut.
Post Intelligence – company profile: Eli Lilly and Company
Some of the Groups major drugs will all lose patent protection between 2011 and 2013.
Post Intelligence – company profile: Lenovo Group
With revenues touching $34bn, Lenovo is said to be the second largest PC vendor in the world.
Zurich chief urges action not 'rhetoric' on commerical lines
Zurich’s UK chief executive officer Steve Lewis has urged insurers to ensure their actions reflect their words when it comes to commercial lines rates.
Post Intelligence – company profile: Citic Securities Company
China based Citic Securities is a listed financial services company with revenues of circa £1.4bn.
Motor offence reforms 'not tough enough' claim AA members
The vast majority of drivers surveyed by the AA believe motor offence reforms that bring the fixed penalty for driving without insurance up from £200 to £300 are not stringent enough.