Commercial
New UK government to face rehab lobby over lack of plan
The UK Rehabilitation Council has pledged to lobby whichever party wins today's election about the absence of any rehabilitation strategy for England, after it emerged Scotland is leading the way on this front and Wales has a multi-million pound…
Towergate seeks £665m cash boost
Towergate Finance, part of the Towergate Partnership, is seeking a £665m cash boost from investors to refinance its existing debt and redeem certain preferred shares.
Quinn CEO admits insurance arm would be best served by new owner
The boss of Quinn has admitted that Quinn Insurance could be best served by a trade sale.
Quinn CEO admits insurance arm would be best served by new owner
The boss of Quinn has admitted that Quinn Insurance could be best served by a trade sale.
Aviva continues search for corporate risk MD
Aviva is still searching for a managing director to lead its corporate risk solutions team four months after its launch.
McIntyre and Ageas name change given Fortis green light
Fortis has received overwhelming support from its shareholders for its proposed name change to Ageas.
McIntyre and Ageas name change given Fortis green light
Fortis has received overwhelming support from its shareholders for its proposed name change to Ageas.
Jelf appoints insurance CEO
Jelf Group has appointed Phil Barton, group commercial director, to the newly created role of chief executive – Jelf Insurance.
QBE outlines refinancing arrangement
QBE has launched an issue to institutional investors of 20 year zero coupon senior convertible securities raising $850m ($1.31bn).
Fortis extends self-employed offering
Fortis has revamped its liability product for the self-employed. Semploy Extra, which has been launched following a comprehensive review of its existing Semploy offering, will be available for new and existing clients from 31 May.
Markel wins jockey sponsorship
Flat jockey William Buick has signed a two-year sponsorship agreement with insurer Markel International.
Quinn to lay off 800, claims report
Grant Thornton, the administrators of Quinn Insurance, plan to make about 800 staff redundant as part of a major downsizing of the insurer, it has been reported.
Speculation mounts over Quinn takover by UK construction giant
Construction firm Laing O’Rourke has held talks with the Quinn Group amid continuing speculation about a takeover of parts of its beleaguered business, according to reports in the Irish press.
Ex-HSBC PI team leaves Marsh
Marsh has transferred part of the professional indemnity portfolio it took over as part of its acquisition of HSBC Insurance Brokers to RK Harrison Insurance Services.
Purple network wins 40th member
Birmingham-based insurance and financial services provider Jobson James has become the 40th member of Jelf-owned broker network Purple.
UK takaful insurer sold to Kuwaiti buyer
Principle Insurance Holdings, parent company of the UK’s first Shariah compliant insurance group, has confirmed the conditional sale of its subsidiaries, Principle Insurance Company and Principle Marketing Services, to Al Salam Group Holding Company – a…
Marsh in trade credit shake up
Marsh has created a trade credit practice for Europe, the Middle East and Africa, to be led by Tim Smith, who was previously head of the UK trade credit practice.
Axa raids Hiscox and Beazley for financial lines push
Axa Insurance has made a number of specialist appointments to underpin its growth plans in the SME sector and its ambitions in the mid-corporate market.
LMA nominates Beaton as Xchanging rep
The Board of Xchanging Claims Services has announced that Ian Beaton has been appointed as the Lloyd’s Market Association’s representative to be a non-executive director of XCS.
Marsh opens redundancy talks
Marsh has begun its consultation with staff that face the prospect of redundancy following its acquisition of HSBC Insurance Brokers.
Questgates grows counter fraud team
Questgates has strengthened its counter fraud team with the appointment of Sally Maeers and Mark Woodhead.
Sterling appoints head of commercial underwriting
Sterling Insurance Company has appointed Kevin Donoghue to the newly created position of head of commercial underwriting.
Aviva to run more ads
Aviva is to run further press and radio advertisements advising businesses to seek help and advice through a broker when buying their business insurance.
Open GI hits two million
Insurance quotes generated by Open GI's e-aggregator solution have risen above two million per day.