Commercial
Wholesale expansion underway at Lucas Fettes
Lucas Fettes is aiming to bolster its wholesale division following the acquisition of south coast underwriting agency Cougar Underwriting.
More of the same in H2, says FXB, as Groupama targets strategic shift
Groupama chief executive François-Xavier Boisseau has dismissed suggestions that the divestment of the firm's UK broking arm is likely to significantly dent the future financial performance of the business.
Groupama achieves profitable H1 as tangible divestment begins
Groupama has recorded a 20% rise in profits before tax in H1 2011 to £22.2m.
Air Worldwide develops catastrophe model offering
Air Worldwide has expanded its offerings for commercial insurers with the ability to determine losses from natural catastrophes to buildings under construction.
Salient Solutions founder joins Capita's insurance arm as non-executive director
Capita has appointed Clare Ryder as non-executive director of the partnerships arm in the firm's insurance services business.
Two-year solicitors' PI cover designed to ease ARP fears
Indemnity Risk Solutions is offering solicitors professional indemnity insurance policies that last two indemnity periods, as opposed to the one-year policies or two-year deals with numerous caveats available elsewhere in the market.
South Wales expansion sees Brightside create 48 tech jobs
Brightside has been given the green light to create a software development operation in South Wales, having been granted a business finance package of almost £500 000 by the Welsh government.
Towergate makes double acquisition
Towergate Insurance has acquired the non-life insurance business of Dean & Milward and Greaves Adams.
Merlin makes 200 redundancies
Merlin Claims is to make 200 people redundant after going into administration this week.
Lockton woos another ex-Lucas Fettes broker to Manchester operation
Clare Mackay is the latest Lucas Fettes broker to join Lockton's recently formed Lloyd's and London market unit in Manchester.
Ecclesiastical calls off wedding insurance
Ecclesiastical Insurance has promised soon-to-be married couples to honour all wedding insurance policies sold before 31 August, following plans to withdraw from the wedding insurance market thereafter.
Commercial expansion underway at Autonet following product launch
Autonet Insurance has expanded its commercial business product line following the introduction of shops and commercial let insurance.
ECIC rating affirmed by AM Best Europe
The Electrical Contractors' Insurance Company has had its A- rating affirmed with a stable outlook.
Swiss Re's Q2 results hit by sale of Admin Re at a loss
Swiss Re has reported net profit of $83m for the second quarter of 2012 as the result of the sale of the Admin Re US business at a loss of $1bn.
Integro acquires broker Allan Chapman & James Insurance
Integro Insurance Brokers has acquired Colchester-based Allan Chapman & James Insurance Brokers for an undisclosed sum.
Brit lead underwriter heads to Dual with speciality liability team
Departing lead underwriter John Murphy has thanked his former employers at Brit Global Specialty after revealing his decision to join Dual, taking his entire underwriting team with him.
Merlin Claims goes into administration
Merlin Claims has gone into administration today just two months after denying that it was in trouble.
Towergate nabs Bupa chief risk officer Jackson
Bupa chief risk officer Keith Jackson will quit his role to take on an identical position at Towergate when he joins the firm on 8 October.
Axa direct and affinity restructure looms
Axa is expected to reveal the new structure for its direct personal lines and affinity business next week, following previously announced plans to merge the two operations.
LAS signs storm claims deal with Lloyds Bank
LAS Claims Management's specialist surveying division, Waylett & Co, has secured a deal validating storm-related roof claims for Lloyds Banking Group customers.
Typhoon Haikui to cause millions of pounds of insured losses
A typhoon that is sweeping its way through eastern China could cause up to £100m insured losses.
China suffers $8bn economic losses from July floods
Aon Benfield has estimated that the floods in China during July caused economic losses of $8.3bn.
More mid-management jobs to go at Aviva as streamlining gathers pace
Aviva has informed staff of the next phase of its reorganisation by announcing that a handful of mid-management positions are for the chop.
Williams leaves claims under Blanc's new structure
One point of contact for brokers is the main selling point for Axa's decision to merge its commercial and personal intermediary operations, according to Amanda Blanc.