Commercial
Churchill founder Long in insurance return
Ashworth Mairs Group today announced the appointment of Churchill founder Martin Long as non executive chairman and main board director.
Buncefield exodus begins
Buncefield could be on the verge of a business exodus, according to those involved in evaluating cla...
Appointment at Brit
Brit has appointed Joseph MacHale as a non-executive director. Mr MacHale held several senior execut...
Appointment at Allianz Cornhill
Allianz Cornhill has appointed Nick Hall, pictured, as general manager, Allianz Cornhill Personal, f...
Towergate Partnership acquires Hobson Insurance Brokers
The Towergate Partnership has acquired Romford-based Hobson Insurance Brokers. The business has 10 e...
Auto Trader launches Comparethemarket.com
Car retailer Auto Trader has appointed third-party administrator Budget Group to manage its insuranc...
CII sets out proposals to protect its future and grow
When Rentokil announced plans to close its final salary pension scheme at the end of 2005, there was...
BDML Connect launches new arm
Capita broking subsidiary BDML Connect has launched a new arm, to focus on niche areas of the affini...
Holman Professional Indemnity launches new facility
Holman Professional Indemnity has launched a new facility for brokers' PI, underwritten by Brit. Key...
London is as good as Bermuda for trading
Recent moves by various Lloyd's-listed companies to establish Bermudian-based subsidiaries have been...
Motor insurers are given fraud investigation boost
Motor insurers' hopes of containing whiplash claims have received a boost, after the Court of Appeal...
Appointment at Allianz Cornhill
Allianz Cornhill has appointed Katy White as underwriting academy manager. Ms White joined Allianz C...
Appointment at Highway
Highway has appointed Steve Loose as operations director of its retail division. Mr Loose will assum...
Towergate acquires Hobson Insurance Brokers
The Towergate partnership has acquired Romford based Hobson Insurance Brokers. The business has 10 staff and currently controls £3m of predominantly commercial insurance business.
Aioi Europe run-off book goes to Bermudian buyer
The Enstar Group and its affiliates, Castlewood Holdings and Shinsei Bank have agreed the purchase of a run-off book owned by Aioi Insurance Company of Europe Limited, a London-based subsidiary of Aioi Insurance Company.
Willis to offer loss recovery insurance
Willis has announced it is to offer loss recovery insurance from underwriting agency Lorega to clients of the commercial network operation. Lorega will provide its loss recovery insurance cover and access to its network of independent Chartered Loss…
Former RAC financial services boss given Cornhill management role
Allianz Cornhill has appointed Nick Hall as general manager, Allianz Cornhill Personal with immediate effect.
Henry Moore heist mob used stolen lifters
The thieves who stole the massive bronze Henry Moore sculpture last week used a stolen hi-ab crane to professionally lift the £3M sculpture onto their stolen truck, according to the National Plant and Equipment Theft Register.
Moody’s rates Amlin Bermuda a notch below its parent
Moody's has assigned an A2 insurance financial strength rating (IFSR) to new reinsurance start-up Amlin Bermuda with a stable outlook. At the same time, Moody's affirmed with a stable outlook the A1 IFSR on Amlin's Lloyd's syndicate 2001 and the Baa3…
Alea completes European renewal rights sale
Alea Group has announced that its subsidiary Alea Europe has completed the sale of the renewal rights of part of its reinsurance business to SCOR. The sale covers its property and casualty treaty portfolio, which constitutes the majority of Alea Europe’s…
National Financial Services Academy for Norwich
The city of Norwich has further established its claim to be a leading centre for the financial services having been named as one of three UK locations for the new National Financial Services Academy. City College Norwich was one of 27 colleges to bid to…
Allianz Cornhill achieves Investors in People 'Profile' standard
Allianz Cornhill Insurance has been awarded Investors in People accreditation against the new Profile Standard – becoming one of the first companies in the UK to do so. The Investors in People Profile is a framework of good practice that goes beyond the…
Capita forms new arm for major affinity push
Capita subsidiary BDML Connect has launched a new subsidiary, BDML Insurance Solutions (BDMLIS), which will focus on niche areas of the affinity insurance market.
Lloyd's underwriter slams direct market for Katrina failures
The direct market’s failure to act decisively to restore pricing discipline post Katrina is “Jurassic”, according to Martin Reith, CEO of Ascot Underwriting.