News
Premium Credit lining up strategy head replacement
Newly acquired finance company Premium Credit is to announce a new head of business strategy this week after former incumbent and chief operations officer Jonathan Cattle left in the summer.
BNP Paribas' insurance arm turns lender
The insurance subsidiary of French banking group BNP Paribas will take on the job of lending to companies as tougher regulations ramp up the cost of traditional loans, Reuters reported.
Collinson to complete One Group purchase
Collinson Insurance Group has inked a deal to acquire claims handler One Group, subject to due diligence.
Ince & Co appoints new corporate insurance partner
International law firm Ince & Co has appointed Richard Britain as head of corporate insurance.
Munich Re hails offshore wind first
Munich Re claims to have become the first insurer to offer serial loss cover for offshore wind energy units, providing investor security and helping renewable energy gain a foothold in the market.
Capco to offer insurance services in Europe
Global business consultancy Capco will offer insurance services throughout the UK and continental Europe.
Jelf promotes Sumner to north west regional director
Alan Sumner, pictured, has been appointed as Jelf Manson's new regional managing director for the north west.
Willis splits European operations
Global broker Willis is dividing its European operation into two distinct regions: Western and Central & Eastern Europe.
Swinton expands commercial reach with purchase of Stroud-based broker
Swinton has acquired Alexander James Commercial for an undisclosed sum in a deal designed to expand the firm's commercial reach across the UK.
Munich Re launches "milestone" offshore wind cover
German insurance giant Munich Re has become the first insurer to offer serial loss cover for offshore wind turbines.
Willis restructures Europe operation
Willis is dividing its continental Europe operation into two regions: Western and Central & Eastern Europe.
Willis UK's Wilkinson joins RSA
RSA has appointed former Willis UK Retail chief executive Dan Wilkinson as mid-market regions director.
Henderson appoints commercial broker
Insurance broker Henderson has promoted Kris Allington to a new role as commercial broker as the company seeks to maintain growth.
Changing regulations could see insurers increase lending role
European insurers have untapped potential as investors and sources of funding, according to a study published by Allen & Overy.
Aria to offer home cover for Pru Health customers
Aria Assistance has signed a deal with Pru Health to provide the health insurer's policyholders with home cover following a discharge from hospital.
McLarens expands all-Ireland business
Loss adjuster McLarens has expanded its offering in the North and the Republic of Ireland with the opening of a new office in Derry, its 14th in the UK and Ireland.
Open GI names product development head
Systems provider Open GI has moved to bolster its product development operations with the appointment of Kerri Finnegan to head the department.
Iran defiant over insurance sanctions
Iran's vice president Mohammad Reza Rahimi has dismissed EU and US sanctions as futile, saying that Tehran has turned the threats into opportunities for the country's insurance sector.
Loss adjusting stalwarts Wood, Burley and Pittman launch consultancy business
Former Merlin Claims chief technical officer Kevin Wood, Sigma Claims Solutions co-founder Simon Burley, pictured, and ex-Davies claims operations director Jim Pittman have set up a new loss adjusting and consultancy company, Post can exclusively reveal.
Aon underlines Midlands expansion with new Birmingham office
Birmingham business leaders and community figures attended the opening of Aon Risk Solutions' new office in the city, as the company's long-term investment in the region gathers momentum.
Solvency II principles 'ruined' by implementation
Frustration in the insurance industry over the introduction of Solvency II is at an all-time high, according to new research.
Layton Blackham founder joins UK General board
Chris Blackham, founder of consolidator Layton Blackham, has been appointed non-executive director on the board of UK General Insurance.
Groupama Insurances launches software house integration
Ageas subsidiary Groupama Insurances has launched its first e-traded product on Open GI, Acturis and Insurecom.
Solvency II considered 'too complicated’, research finds
The insurance industry is increasingly critical of Solvency II, with a large number claiming the principles of the directive had been “ruined” by the implementation.