Insurer
Jelf buys in Plymouth
Bristol-based the Jelf Group has acquired independent commercial insurance brokerage Haines Wallace. The deal is expected to add £4.5m to the group’s premium income.
Wilbur Ross strikes major Lloyd's deal
Hiscox today announced that in order to take advantage of strong underwriting opportunities, Hiscox Syndicate 33 has entered into a Quota Share reinsurance arrangement with Panther Re Bermuda, the $360m Bermuda reinsurance company newly formed by WL Ross…
Zurich sets up business unit in Central and Eastern Europe
Zurich has established a new business unit, Central and Eastern Europe, to better capitalize on the growth opportunities in these markets.
Highway appoints motor products manager
Highway has appointed Scott Greenhill in the newly-created role of motor products manager.
Hiscox opens in Sweden and Portugal
Hiscox has announced the opening of an office in Sweden and one in Portugal as part of the continued development of its European business.
Bollington acquires again
The Bollington Group has strengthened its presence in Wigan with the acquisition of broker M G Smithies Limited. The purchase comes hard on the heels of its acquisition of Oxfordshire broker F M Green last week.
Sullivan to head up Culver broking arm
David Sullivan has been appointed chief executive of Culver Insurance Brokers from today. He joins from Willis where he was regional managing director with responsibility for Birmingham, Reading, Bristol and Cardiff.
Zurich recruits Annette Court from RBS
Annette Court, chief executive of Royal Bank of Scotland Insurance, is to join Zurich Financial Services as chief executive of Europe General Insurance.
Admiral opens Spanish business
Admiral today announced that its operation in Spain, trading under the name of Balumba.es, has opened from its offices based in Seville.
Only four of world's top 300 mutuals hail from UK
Four of the UK's leading mutual insurers are named as among the world's top 300 cooperative and mutual organisations in a new global ranking of the major cooperative and mutually-owned businesses.
Canopius acquires Creechurch
Canopius, the specialist Lloyd’s underwriting group, announces today that it has agreed to acquire the entire operations of fellow Lloyd’s business Creechurch.
Lloyd's approves new syndicate
Hardy Underwriting has now received approval from Lloyd’s to establish a new syndicate, (3820), writes Jordan Fletcher-Dale
Through luck and determination
Stuart Rouse, financial director of Towergate Underwriting, speaks to Tanya Powley about his rise through the ranks and why he chose insurance over the 'big four'
Equity recruits new claims boss
Equity Insurance has appointed Phil Anderson as its new claims managing director. He will also take up a position in the group's executive committee.
Lark acquires Ascot Insurance Brokers
Lark Group has acquired Berkshire general broker, Ascot Insurance Brokers.
Bollington confirms FM Green talks
The Bollington Group is in talks to acquire FM Green & Company Insurance Brokers, as revealed in Post Magazine yesterday. The two companies have signed Heads of Agreement, and the due diligence process is underway.
RFIB appoints two for Eastern Bloc and India push
RFIB Group has hired two new directors for its international reinsurance business.
Admiral records marginal rate rises as profits jump 24%
Admiral this morning reported a 24% jump in profit before tax to 68.7m pounds for the first half of 2006, with turnover up 12% to 359.2m pounds. Its combined operating ratio worsened slightly to 87.0% (2005 86.5%).