Commercial
AJG deepens public sector play with Acumus buy
AJ Gallagher International has grown its UK public sector business to more than £150m gross written premium with the acquisition of Chelmsford-based housing specialist Acumus.
Insurance Strategy 2012: Brand is key to customer connection
The management of a core brand and ideology is a vital part of maintaining ties with customers, according to Chubb UK & Ireland commercial insurance manager Andy Francis.
Stackhouse to buy commercial broker
Insurance broker Stackhouse Poland has reached an agreement to acquire the business of LFC Insurance Brokers.
Post magazine - 27 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Groupama sale to Ageas unlikely to improve either group's rating prospects
The acquisition of Groupama Insurances by Ageas UK should "end uncertainty" among brokers over Groupama's financial strength and creditworthiness in the UK, but will have little impact on the 'negative' rating outlooks of either parent company, analysts…
Lloyd's backs IPO access for small companies
Lloyd's of London has welcomed lower barriers to entry to the London Stock Exchange for small companies.
Insurance Strategy 2012: Importance of brand to grow as economy picks up
The power of branding has been highlighted as a crucial tool for insurers in the struggle to compete n a volatile marketplace.
Carole Nash and Lumley Jacobs extend partnership to Ireland
Carole Nash and Lumley Jacobs will launch forensic coding systems in Ireland this October.
Home insurers to incur £10m flood bill
Panmure Gordon analyst Barrie Cornes has told Post that Aviva and RSA could see insurance losses of £10m to £15m from the latest round of UK flooding.
Lloyd's returns to profit with 'strongest' half-year result in five years
Lloyd's of London is back in the black after posting a profit of £1.53bn during the first half of 2012 compared with a loss of £697m in the same period last year.
CNA names vice president for Europe
CNA Insurance has appointed Monique van der Linden, pictured, as head of claims and vice president for Europe.
Fitch cuts Axa IFS outlook from stable to negative
Concerns about Axa's ability to improve profitability were cited for the move by Fitch Ratings to revise the outlook of the firm’s Insurer Financial Strength rating from stable to negative.
Bluefin delivers £11.5m dividend to Axa
Bluefin has paid its parent company an £11.5m dividend for the 2011 financial year on Ebitda of £17.8m (2010: £15.2m) and pre-tax profit of £11.6m (2010: £10m).
Dual adds Liberty and Barbican to capacity provider list
Liberty and Barbican are to join Arch, Hiscox and Mitsui Sumitomo Insurance as capacity providers for Dual International's global financial lines portfolio from 1 October 2012.
Airmic members back commercial insurance law overhaul
The vast majority of Airmic members have backed the risk manager association's support for reforming the legal framework for commercial insurance - the 1906 Marine Insurance Act.
Hastings raids RSA and Ace for fresh managerial talent
Hastings Insurance Services has completed the double swoop for former head of affinity operations at RSA Paul Whymark, pictured, and ex-Ace continental Europe claims director Jonathan Sutcliffe.
WR Berkley España appoints new president
WR Berkley Corporation has promoted Alejandro Jiménez to executive chairman of WR Berkley Insurance (Europe) Limited Sucursal En España.
Crawford receiving flood claims after weekend rain
Crawford & Company has started to receive flood and storm claims from the weekend's wet weather.
Towergate eyes e-trading push with hire of ex-NIG manager
Towergate Underwriting has appointed former NIG e-commerce boss Dean Fletcher as commercial e-strategy and products manager.
Gallagher expands public sector offering with Acumus acquisition
Arthur J Gallagher International has acquired housing association specialist intermediary Acumus for an undisclosed sum.
Bluefin launches schemes and affinities division
Bluefin Insurance Group has unveiled Bluefin Solutions, a division focusing on the development and distribution of new and existing schemes and affinities.
AGCS names new EMEA aviation head
Allianz Global Corporate & Specialty has promoted Henning Haagen to global head of aviation Europe, Middle East, Africa and Asia Pacific with effect from 1 January 2013.
Former HBoS director joins Axa
Axa Commercial Lines and Personal Intermediary has appointed Louisa-Jayne Stirzaker as Simple products trading manager.
Arista adds Twist to Midlands team
Commercial lines underwriting agency Arista Insurance has appointed Grant Twist to the position of senior underwriter in its Midlands team.