Broker
Ascot Underwriting opens New York office
Ascot Underwriting has opened an office in New York, which will be led by chief underwriting officer Paul Amrose.
Bluefin bolsters Bristol team
Bluefin has added to its business development team in Bristol with the recruitment of Lockton’s senior vice president for the South West.
Banks’ PPI problem sees insurance complaints on the rise once again
Consumer complaints about payment protection insurance are continuing to rise, with the total number of complaints in the second half of 2012 increasing by 5%, compared with the previous six months, to 2.17 million.
Charterhouse planning Giles exit: report
Private equity firm Charterhouse may be seeking to exit insurance broker Giles, according to reports in City AM.
Balva’s UK ban raises questions over SRA list of qualifying PI insurers
A move by the Latvian regulator to suspend the passporting rights of Riga-based insurer Balva has reignited broker concerns about the presence of unrated insurance companies operating in the UK market.
Willis secures twelve month extention in Gras Savoye deal
Willis Group has extended the exercise date of its call option to acquire full ownership of French insurance broker Gras Savoye by one year.
CGSC secures $500m financing deal
Cooper Gay Swett & Crawford has today completed a $500m (£326.6m) financing exercise from US-based investors.
Freak injury saves LAS director from Boston bomb blasts
LAS business development director Ian Hogarth has revealed how an injury to his wife during yesterday’s Boston Marathon saved the couple from being caught up in the carnage caused by two bomb blasts.
Career development: Second wave for Allianz Commercial
Allianz Commercial has welcomed the second intake for the 2013 Allianz Partner Academy Scholarship Programme.
Career development: BGL joins forces with Prince's Trust
BGL Group and The Prince's Trust has developed a new skills session for unemployed young people in Peterborough.
Career File - Mark Winlow: Ageas and Groupama non-executive director Winlow takes up NED role at RFIB
RFIB Holdings has appointed Mark Winlow as non-executive director.
Market Moves: Insurers take the week’s spoils as Ace leads recruitment surge
This week, insurers were on top, with Ace, Covéa and Liberty Mutual among the firms to have tied up deals to bring in new faces.
Penny Black's insurance week
Penny donned her flak jacket and tucked her pepper spray into her handbag before joining a team of IFED police officers on a dawn raid in East London last week.
Penny speed meets... Kevin Taylor, chief executive, Gravytrain
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Chubb appoints Marcello to European CSI role
Chubb has appointed Julie Marcello to the role of European Specialty Insurance manager.
Swinton confirms Patrick Smith’s retirement
Swinton has confirmed Patrick Smith has retired and will no longer serve the company, Post’s sister publication Insurance Age has revealed.
FCA warns of ‘clone’ insurance broker
The Financial Conduct Authority has issued a warning over an unauthorised firm trading under a similar name as the established and FCA-regulated insurance mortgages intermediary, KBP Insurance Service.
Aegis reinforces non-marine property team with triple hire
Aegis London has strengthened its non-marine property team by recruiting a trio of underwriters.
Gallagher criticises SRA over Balva
Gallagher London has described the ban on Latvian insurer Balva underwriting new business in the UK as "another embarrassment for the Solicitors Regulation Authority" due to the insurer's inclusion on the body's approved list of qualifying professional…
View from the Top: The end of boom and bust
I was recently thinking that I may never see another overall hard market cycle in my lifetime and we have speculated here that new forms of investment and rapid capital deployment could have a major impact on the market if more consistently applied.
Expert Analysis: Making changes
Price comparison sites are making changes to the way they operate, embracing telematics and moving into new product lines.
Gallagher Heath secures place on Government Procurement Service
Gallagher Heath has secured a place on the Insurance Services Framework following a competitive tender process, led by the Government Procurement Service.
Mutuals can capitalise on changing reinsurance framework
Savvy mutual insurers stand to benefit from changes in the traditional reinsurance market, according to Willis Re.
Ten prepares to bolster membership following profitable Q1
Ten Insurance has chalked up first quarter gross written premium growth of £5.9m, representing an average rise of 23.4% for the opening three months of the year.