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Hyperion boosts BP Marsh cash position
The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.
Hyperion boosts BP Marsh cash position
The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.
Rural founder to retire from business
The founder of agricultural insurer Rural Insurance, Lance Harvey, is to retire from the business after 17 years.
Swinton opens first commercial office in Scotland
Swinton has its first foothold in the Scottish commercial insurance market with the acquisition of Kirkintilloch Insurance Services.
Junction hires ex AA ecommerce boss Queen
Junction has appointed the former head of ecommerce at The AA Jamie Queen to the role of associate director on the BGL Group’s affinity arm.
Aviva recruits former Bupa fraud boss amid uncertainty over senior jobs
Aviva has appointed Anne Green to the newly created role of head of fraud for underwriting, pricing and product.
Finance professionals' hours stretch longer than ever before
The average financial professional feels they cover 30% more work than one person should, a survey has found
Historical hurricane costs upwards of $10bn in 2012, claim cat experts
Experts have stated that 28 out of almost 180 hurricanes that have occurred in the United States since 1990 would have caused $10bn (£6.3bn) or more in insured losses had they happened today.
UK General boosts commercial team with ex-Towergate hire
UK General has hired a former Towergate director Andrew Tailby as head of business development in the commercial division.
Zurich wins golf scheme
Zurich Insurance has won a long-term contract to underwrite a Glasgow-based golf scheme covering 600 UK golf clubs.
Groupama to underwrite 10 000 free home insurance policies
Groupama is underwriting 10 000 home insurance policies for residents of a south east England housing association.
BGL employee engagement smashes targets
BGL Group’s most recent staff survey is said to have exceeded the target set for employee engagement, with 88% stating they felt part of a team.
Flagstone Re finalises £32m sale of Lloyd's business
Flagstone Reinsurance has completed the sale of its Lloyd’s segment to a wholly-owned subsidiary of ANV Holdings BV for approximately £31.7m ($49.7m) in cash.
Rias: Travel cover a must for families
Rias has reminded grandparents to take out adequate insurance when travelling abroad with their grandchildren.
Insurance insolvency rates fall by 86%
Just five insurance firms were insolvent in July this year compared to 452 in business services, according to new research.
Chaucer appoints new cargo class underwriter
Specialist Lloyd’s insurer Chaucer has appointed Geoff Wilkinson, pictured, to cargo class underwriter in the marine division of Chaucer Syndicate 1084.
Open GI boosts protection against credit card fraud
IT solutions provider Open GI has enhanced its card payment solution, CreditLine Plus, to incorporate additional fraud prevention measures to validate card details and verify the cardholder’s billing address.
Schemes deal sealed between Arc Legal and new OIM Underwriting division
Arc Legal has reached an agreement on two legal expenses schemes with the new division of OIM Underwriting ‘e-Underwriting’ to provide cover as part of its household and property owners portfolios.
Aon Benfield and Ambiental join forces on flood mapping
Aon Benfield has teamed up with Ambiental to enhance the firm’s flood model development capabilities.
Travelers snaps up Chartis boss for legal role
Travelers has appointed John Abramson to head of legal and compliance for its European businesses.
Sutton Winson recruits ex-Towergate account director
Insurance broker Sutton Winson has appointed Steve Barber, pictured, to commercial client account executive, based in Burgess Hill.
Niche broker Campton to tap into Auto Trader site via Wanna Insure deal
Campton Insurance Brokers expects to have access to around 10 000 motorhome quotes per month following a deal with software firm Wanna Insure, which enables integration with Auto Trader’s price comparison website.
Welsh police crackdown on metal theft
Police in Gwent have arrested 862 people in connection with metal theft offences in the past 16 months- as the ongoing countrywide effort to crack down on the crime gathers pace.
Regional broker buys could boost Oval headcount by 200
Oval's plan to acquire insurance brokers in the next two years could add up to 200 more people to its 24-strong regional office network.