Broker
Thomas Carroll recruits 11, targets 30 more
Welsh broker Thomas Carroll Group has revealed the details of an expansion programme which involves the recruitment of 11 new staff and the development of the firm’s headquarters near Caerphilly Castle.
Tougher EMEA commercial insurance market conditions expected in 2012
Insurance rates for businesses with exposure to natural catastrophe risks and supply chain perils are expected to continue increasing in 2012 across Europe, the Middle East and Africa, according to a Marsh report.
Towergate secures five-year Allianz deal
Allianz will continue to lead Towergate commercial underwriting’s insurer consortium for the next five years, increasing their share from 40% to 70%.
Reinsurance rates in Spain fell at January renewal
Reinsurance rates in Spain fell at the January 1, 2012, renewal, despite the effects of the European financial situation on the primary market.
Tough conditions for EMEA commercial markets, Marsh warns
Insurance rates for businesses with exposure to natural catastrophe and supply chain risks are expected to keep increasing in 2012 across Europe, the Middle East and Africa, according to a report published today by Marsh.
Gallagher Heath agrees five year trade union deal with UIA
Gallagher Heath Insurance Services will provide motor and travel insurance to members of UK trade unions after signing a five year partnership deal with UIA.
IFB appoints Bird as full-time director
The Insurance Fraud Bureau has this afternoon confirmed the appointment of Phil Bird to the role of director on a 6 month secondment.
Aon acquires 80% of Spanish broker GDS
Aon Corporation has agreed to acquire 80% of Spanish insurance broker GDS from banks La Caixa and Banca March.
Brit launches PI product on Power Place
Brit Insurance has launched its professional indemnity cover on Power Place, following last year’s decision to make its D&O product available on the online commercial marketplace.
Travelers targets brokers with event cancellation cover expansion
Travelers has expanded its event cancellation cover from the firm’s Lloyd’s syndicate to its insurance company operation in a move which is expected to provide regional brokers with better access to the product.
Questgates completes minor recruitment drive
Growing demand is behind a minor recruitment drive at Questgates. The company has made four new appointments and promoted two.
Bermuda’s Premier Cox signs tax agreement with Turkey
Bermuda has signed a tax information exchange agreement with the government of the Republic of Turkey.
Legal cover firm creates online broker portal
A motor and family legal cover provider has launched a free online portal which allows brokers to browse policies and documents on 50 types of commercial and personal lines cover.
Cyclists urged to support Allianz-backed bike ride
The Prince’s Trust has announced that its Palace to Palace cycle ride will be coming to the West Midlands for the first time.
Bluefin centralisation to cost 23 jobs
Bluefin is proposing to close the finance functions of its Gravesend and West Wickham offices with the loss of 23 jobs.
Coversure opens in Swansea
Coversure has opened its third Welsh franchise, this time in Swansea, with former broker and Admiral worker Jason Lawrence (left in picture) heading up the operation.
Marketform CEO steps down
Marketform director and chief executive Simon Turner has stepped down from his joint role at the specialist Lloyd’s insurer in order to concentrate on the health of his wife.
Ageas reveals policy changes ahead of Olympics
Ageas has outlined new terms in its shopkeeper policy ahead of this summer’s Olympic Games.
Lockton Dubai is granted Lloyd's broker status
Lockton Middle East and North Africa has received Lloyd's broker registration.
Arle completes CSG sale and acquires new partner
Arle Capital Partners has sold Capital Safety Group for an enterprise value of $1.12bn (£72m) in a deal which will see former CSG chief executive Anders Pettersson join Arle as a partner.
Lockton Dubai gains Lloyd’s broker status
Lockton Dubai has received Lloyd’s broker registration.
JLT Specialty prepares for Nottingham office opening
JLT Specialty has confirmed its intention to open a new UK regional office in Nottingham within the coming months.
Willis Re names Cavanagh as CEO
Willis has promoted John Cavanagh, pictured, to CEO of its reinsurance broking arm Willis Re, succeeding Steve Hearn who was appointed chairman and CEO of Willis Global in December.
Romanian protest damage not covered by most policies
The damage from violent street protests in Bucharest on Sunday (January 15) could amount to between €300 000 and €450 000, most of which are not thought to be insured.