Commercial
GAB regulation warning
GAB Robins has briefed its clients on the dangers of ignoring the new Construction Design and Manage...
BDML founder Dunn launches DataCover Insurance
BDML founder Sandy Dunn is backing the launch of DataCover Insurance, a data recovery offering developed by the DRI Group. Mr Dunn is a director and lead shareholder of DRI Group, which was founded in the UK in 2006.
Barlow Lyde and Gilbert recruits insurance specialist
Barlow Lyde and Gilbert LLP has recruited James Parker, currently at Lovells, as a partner.
Arista moves into taxi sector schemes market with Kent broker
The commercial lines underwriting organisation Arista has launched its first scheme with the development of a tailored taxi product through Robert Nott Insurance Brokers. This move follows the company’s recent launch and the appointment of Simon…
Meteo Group launches online archive of UK historical weather data
An online archive of UK historical weather data is being launched this week by Meteo Group. The site www.meteoarchive.com provides a database of historical weather information going back ten years which can be accessed by the public and industry in order…
Ace first to offer online environmental cover
Ace European Group (Ace) has today announced that its Commercial Premises Pollution Liability (PPL) product is available online via its fully automated e-commerce platform, Ace Online.
McManus heralds new chapter at Willis
Willis has confirmed that Royal and Sun Alliance managing director of broker, Brendan McManus will join as part of a wider restructrure.
IGI confirms its sale to US firm Amtrust
IGI Group has confirmed that it has been acquired by AmTrust Financial Services, as revealed by Post (5 April 2007, p1).
Pinsent Masons hires ex-Clifford Chance insurance expert
Pinsent Masons, has appointed a new partner in its insurance and reinsurance group. Colin Read, who joins the firm from Clifford Chance in the summer, specialises in large-scale insurance and reinsurance disputes for a variety of insurance sector clients…
EL market recovered but rate rises needed
The UK employers’ liability insurance market has recovered from an earlier crisis which saw gross written premiums fall in 2005 and 2006, according to a new report by Datamonitor.
Chubb places $250m East Lane Re Cat bonds
Global specialist insurer Chubb has bought securitised reinsurance worth $250m to protect its Northeastern US hurricane exposure over a four-year period, a ratings note from agency AM Best reveals.
Recently rebranded insurer nets £100m deal
Recently rebranded mutual insurer LV has completed a deal with Help the Aged, the charity for older people, to offer personal lines insurance primarily to the over 50s market. It predicts the deal could be worth £100m alone in the medium term.
Agency: The next piece of the jigsaw for insurance-contract law reform
Kate Buttrey of Kendall Freeman updates us on the latest root-and-branch changes proposed in the crucible of (re)insurance law that is the UK
Allianz launches first UK flood-risk catastrophe bond
The first catastrophe bond to cover British flooding has been issued by German insurance company All...
Reinsurance Diary
Diary
Novae enters international general-liability (GL) market
Lloyd's underwriter Novae has moved into the international general-liability market with the recruit...
Power industry - Totally wired
As old state-run monopolies tumble across the globe, Jeremy Golden explains how to get your hands on potentially lucrative, non-marine power-company liability business
The future is here already
Inside View
Cricket World Cup terror underwriters join URS
Simon Wilmot-Smith and David Thompson, formerly of Art Inc, have joined Underwriting Risk Services (...
Brit directors cash in as options mature
Brit Insurance Holdings chief executive Dane Douetil has rounded off the insurer's recent spate of share buy-backs by cashing in a string of personal options netting him more than £300 000.
Policyfast recruits 200 new agencies
Policyfast, the recently launched wholesale broking operation has appointed 200 brokers to its panel of supporting intermediaries.
NIG merges two London offices under one head
NIG has merged its two London offices into a single business headed up by City manager, Julian Rhodes, in effect from today.
Markel replaces contingency underwriter with Sirius hire
Markel International, has appointed of Wayne Paternoster to the role of contingency underwriter in the Specialty underwriting division.
Allianz drops Cornhill
The Cornhill name has finally been consigned to history after the insurer rebranded as Allianz Insurance PLC today.