Commercial
Collins hires senior Southeastern US broker from Aon Re Global
Collins, the US property-casualty, life, and accident & health (re)insurance broker, announced that it has hired senior vice-president Kevin Knudson from Aon Re Global.
Polaris appoints Chris Hanks as chairman
Chris Hanks, general manager of Allianz Commercial, has been appointed chairman of technology provider Polaris.
Sales on the rise for Standard Life Healthcare
Standard Life has reported a 27% increase in healthcare sales, worth £14m, for Q2, according to its market 2008 Interim results, released this morning.
XL to offer environmental pollution insurance
XL Insurance, the global insurance operation of Bermuda-based (re)insurer XL Capital, is offering a specialised environmental insurance program that addresses pollution liability and clean-up expenses for US warehouses, storage and distribution…
Max Capital income halves in H1
Max Capital Group has reported net income for the second quarter of 2008 of $74.2m, compared to net income of $94.1m for the second quarter of 2007. Net operating income was $76.1m, compared to net operating income of $94.4m for the same quarter in 2007.
Tower to acquire Castlepoint for $490m
US insurer Tower Group said that it will acquire Bermudian firm CastlePoint -- which it had helped to set up -- in a deal valued at around $490m.
Tokio Millennium licenses AIR model
AIR Worldwide has announced that Tokio Millennium Re has licensed the AIR Multiple Peril Crop Insurance model.
Giles expands into Ipswich
Giles Insurance Brokers has expanded into Ipswich following the acquisition of local firm, Henley Risk Management.
Willis makes new appointment to drive global sales
Willis Group Holdings has appointed Allan Gribben, chief executive officer of Willis International, as global sales and marketing director, which includes responsibility for the 'client and growth' initiative, part of Willis' Shaping our Future strategy…
Ace launches enhanced D&O cover in response to heightened risks
Ace Europe has extendedd its Elite IV directors' and officers' liability insurance cover.
Broker Direct launches new network
Broker Direct has launched a new network specifically aimed at members of the Institute of Insurance Brokers, as revealed by Post yesterday.
Broker Direct rolls out online comparative facility
Broker Direct, the insurance underwriting and services organisation owned by brokers, has launched a comparative commercial product onto its new online full cycle quote and buy system.
JLT pre tax profit falls 30%
Broker JLT this morning reported a 9% increase in fees and commissions to £266.2m and 4.9% jump in underlying trading profit to £44m for the first half of 2008. However, its profit before tax fell 30% to £53.4m.
Prepare to profit
Inside view
Heath wins $32bn Crossrail account
Heath Lambert Group has won a 10-year appointment as the broker for Crossrail, the new £15.9bn ($32b...
Construction PI - Build them up to knock them down
Don't know your D&C from your G&T? Never fear, Jeremy Golden explains the increasingly important and complex world of construction PI
Marsh to resurrect Bowring name
Marsh has resurrected the 'Bowring' name for a placement broking subsidiary. Bowring Marsh will pla...
Space - When rocket science goes wrong
The space insurance market had a tough year in 2007. Some hefty launch failures plunged the market into an overall deficit. Helen Yates asks why such a volatile sector remains so competitive
Arista appoints NU schemes boss
Commercial lines underwriting operation Arista Insurance has appointed Andrew Ball as schemes manager.
Novae pre-tax profits rise 8%
Novae has reported an 8% rise in pre-tax profits to £16.8m for the first half of the year compared to the same period in 2007.
CII partners up for training
The Chartered Institute of Insurance and Searchlight Insurance Training have signed an agreement to ...
Pick of the week
Post editor Jonathan Swift look at the major stories from the general insurance market. This week: Ll...
Fusion duo leave to start 'mark two' venture
Two founders of Towergate-owned Fusion are expected to return to the market with a similar 'mark two...
Broker Direct rolls out instant commercial quotes
Broker Direct has launched its first comparative commercial product onto its new online full-cycle q...