Commercial
Willis hires Reynolds as new property advisor
Willis Group Holdings has appointed Philip Reynolds as an advisor to its property investors division.
Pricing challenges in D&O market seen pre-January renewals - Lockton
(BESTWIRE) Many publicly traded companies that have American International Group in their directors and officers liability programme are scrambling to obtain alternative quotes before their programs renew 1 January , an executive risk expert with broker…
Zurich launches adviser tool
Zurich has launched a planning tool aimed at helping advisers address their clients' business protection needs.
Willis broker for hijacked supertanker - source
Willis is thought to be one of the brokers for the hijacked Saudi Arabian supertanker, Reinsurance has learned.
Giles buys SBP in biggest deal since Charterhouse backed the business
Giles Insurance Brokers has acquired specialist transport insurance brokers SBP Group
BGL Group teams up with Cunningham Lindsey in two-year deal
BGL Group has appointed Cunningham Lindsey UK to provide new and improved claims administration and selected claims management services for the company's home insurance customers.
License trade products introduced by ABC
ABC Insurance has launched a range of commercial insurance policies specifically developed for the licensing trade.
ABC Insurance to launch licensing trade policies
ABC Insurance is launching a range of commercial insurance policies specifically developed for the licensing trade.
Tesco Compare launches van insurance channel
Price comparison website Tesco Compare has launched its new van insurance channel that enables drivers to compare more than 300 insurance deals from 17 van insurance brokers.
Aon's Aberdeen branch expanding following "best year on record"
Aon says that recent wins for its Aberdeen branch has contributed to a 30% surge in 2008 revenues, as the company celebrates its 50th anniversary in the city.
AIG to terminate 14 voluntary deferred compensation plans
American International Group, Inc. said today that it is terminating 14 voluntary deferred compensation programs involving 5,600 employees and independent agents and representatives.
Fortis UK wins inaugral Gold Standard Award for Insurance
Fortis UK has won the inaugral Gold Standard for Insurance award which will be presented at a ceremony at the House of Commons on 25 November. The awards, which are run by Incisive Media, assess companies' performance across the five elements of trust,…
AIG subsidiary American General Finance closes 178 branches
(BestWire) - American International Group, the stricken US insurance giant, has closed 178 branches and cut approximately 380 jobs at American General Finance Inc., a consumer finance unit, the company said.
MMA appoints personal lines boss
Broker-only insurer MMA has appointed Martin Scarrett to the newly created role of head of personal lines underwriting.
Broker comparison site extends to SMEs
Commercial broker Moorhouse has expanded its online insurance comparison website Constructaquote.com to offer small to medium sized enterprise cover across a wide range of sectors.
Allianz promises to take rating action to meet targets
Allianz has reported an operating profit of £140.8m for year end 2008, compared to £97.4m in 2007 in its it released its Q3 results for 2008. Gross written premium increased slightly to £1153.7m (£1142.2m: 2007), while the insurers combined ratio…
Helphire makes board changes
Helphire group finance director Mark Adams is to succeed Mark Jackson as chief executive officer from today.
Pick of the week
Click here for video Post reporters Sarah Hills and Alwynne Gwilt round up the top stories from the general insurance sector.
PB Week: Allianz reassures brokers of strength
Andrew Torrance tells PB how whilst many insurers are counting their losses from the credit crunch Allianz are in an enviable position, writes Katherine Brandon, reporter of Professional Broking.
Belmont rolls out black boxes to fleets
Specialist passenger transport broker Belmont International has signed up with Green Road Technologi...
Arista in regional push
Arista will expand into the Midlands in January 2009. The move follows the development of its southe...
Risk transfer facility launched
Risk Report
JLT: on track to deliver
Jardine Lloyd Thompson has claimed it is on track to deliver sustainable profitable growth in 2008. ...
Appointment at Brit Insurance
Brit Insurance has appointed Stephen Moss to the newly created role of portfolio director - long tai...