Broker
Bermudian insurer in potential payout over Willis settlement
Bermudian (re)insurer XL may have to pay out up to $50m to cover E&O insurance costs for Willis' settlement with CNA, Reinsurance has learned.
Lloyd to stay at Marsh Aviation
Senior Marsh Aviation broker Steve Lloyd is to stay at the broker, Reinsurance has learned.
Pick of the week
Comparison Consortium loses two key members; Legal and General to re-enter motor market; Aviva’s John Kitson will never return to financial services; Clampdown on IPT proves costly for some insurers; Apil withdraws from mediation of fixed costs
JLT, Beazley team up for E&O program
JLT and Beazley expanding to offer consultant’s E&O program to additional classes of business.
Open GI widens development director board role
David Kelly handed responsibility for insurer partnerships
THB recruits new deputy MD
Mick Cole promoted in US division.
Barbon focuses on overseas growth
Broker seeks agreements with international partners
Heath Lambert strikes deal with Heritage Insurance Management
Heritage to acquire broker’s risk retention and captive management division
Willis in $130m settlement
Willis and US casualty insurer CNA come to a $130m settlement over accident reinsurance case
Post launches new series of live webinars for the insurance industry
Take part in Post's latest series of live webinars addressing the key strategic areas of change, the customer and creativity.
Heath Lambert forges links with First Senior Group
First Senior Group to offer specialist insurance products to its members.
Bluefin chooses SSP to streamline IT systems
Broker changes IT service provider
Biba welcomes Tory assurance of "cautious" reform
Brokers must not be "shoe-horned" into another set of regulation, says Biba CEO.
100th broker joins Countrywide Plus network
Nick Haycock welcomes Leeds broker Denney O'Hara to the Towergate subsidiary.
Plum launches online MNW quote and buy insurance facility
Website claims to 'dramatically shorten' traditional process.
Arista recruit senior liability head
Charles Earle said Neil Hammond was "critical" for its future.
Willis HRH appoints managing partner for Colorado
Former Beecher Carlson senior vice president, Jason Richardson, appointed managing as partner for Colorado.
Kitson to step down at Aviva
Sales and marketing director swears he will never join a rival.
Equity Insurance Group secures Insurance Dialogue purchase
Group acquires broker from Bridges Ventures
Towergate appoints new CEO
Matthew Reed to head up Power Place as executive chairman Peter Cullum targets £100m GWP.
LV sees increase in GI
Insurer reports 92% increase in GWP.
Stuck in the middle
If a customer's claim is rejected, brokers are increasingly finding themselves in the centre of negligence claims. Daniel Dunkley reports on how they can take themselves out of the firing line.