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Commercial

SSP starts trading on AIM

Broker software house SSP started trading on the Alternative Investment Market this morning with a capitalisation of around £70m and a placing price of 98p per share.

Allianz launches claims pilot

Allianz Cornhill has responded to growing awareness of the need to recycle by launching a three month pilot project to test the use of recycled parts in repairing vehicles.

Outsourcing: two way street

The traditional driver for outsourcing has been a tactical and short-term focus on costs rather than a more strategic perspective, resulting often in poor management and monitoring. Delegates attending this year’s Post Outsourcing conference on 25…

Challenges await big three says S&P

Aon, Marsh and Willis have made significant advances to their operations in the post Spitzer era but have yet to ‘fully address’ the evolving landscape according to a report out today.

Ace in PI offering to Imarket

Ace Europe has launched Professional indemnity as its first imarket product – and one of the first of its kind to be offered online in the UK.

Scottish Re cuts down credit agreements

Scottish Re Group has announced that it has permanently reduced the aggregate commitments under the Amended and Restated Credit Agreement dated July 14, 2005 among Scottish Annuity & Life Insurance Company (Cayman), Scottish Re (Dublin), Scottish Re (US)…

Wellington appoints new head of energy

Wellington Underwriting Agencies, managing agent of syndicate 2020, has today announced the promotion of Huw Jones to divisional underwriter responsible for the energy account.

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