News
Ironshore buys US admitted shell
Bermudian start-up Ironshore's US subsidiary has completed the acquisition of Stockbridge Insurance Company, a US-based admitted insurance company, from Folksamerica Reinsurance Company. Subject to regulatory name change approval, the company will be…
NU completes £1.7bn five year deal
Aviva announced today that it has completed the acquisition of Hamilton Insurance Company and Hamilton Life Assurance Company from HFC Bank, a subsidiary of HSBC Finance Corporation. The Hamilton companies, which provide a range of creditor insurance…
Integro announces Guy Carp recruits
Integro has appointed two principals to the firm’s recently launched insurance and reinsurance group based in London. John Millar and Andrzej Danyluk both join Integro from Guy Carpenter.
Montpelier completes US E&S buy
Montpelier US, the Hartford-based subsidiary of Bermudian reinsurer Montpelier Re has completed the purchase of US excess & surplus lines company General Agents Insurance Company of America, after receiving regulatory approval from the Oklahoma…
MIB pays out £110k settlement in diesel spill claim
The family of a motorcyclist who died as a result of spilt diesel on the road has been awarded £110,000 in compensation for what is believed to be the UK’s first claim of its kind.
MMA looks to strengthen electronic capability
Intermediary-only insurer MMA has announced the appointment of Ian Josephs as electronic distribution manager to develop its electronic trading capabilities.
RSA invests in the future
Royal & SunAlliance has announced the launch of a new apprenticeship scheme in its engineering team's consultancy division.
PwC called in as insurer declared insolvent
Dan Schwarzmann and Mark Batten from PricewaterhouseCoopers LLP were today appointed joint administrators of Highlands Insurance Company (UK) after the directors concluded that the company was insolvent.
Four arrested after Allianz motor fraud investigation
Merseyside Police arrested four people on Tuesday, 30 October as part of an ongoing investigation into motor insurance fraud.
Evolution targets North with appointment
Evolution Underwriting has appointed Jon Denney as business development executive. Mr Denney joins from commercial insurance broker, Wilby and his previous experience has included commercial broking and insurer roles.
Markel International sees dip in GWP
Markel International reported an 8% reduction in gross written premiums to $162m for the third quarter of 2007 from $176m in the same period of 2006.
Earthquakes shake San Francisco Bay
San Francisco Bay has been rocked by the largest earthquake in 18 years.
Europe in the firing line again as Aon axes 2700
Aon is cutting 2700 jobs worldwide – more than 6 per cent of its global workforce.
Talbot unveils new senior appointments
Talbot Underwriting today unveiled a series of senior underwriting appointments:
Broker Network acquires member firm
Broker Network, is today pleased to announce the completion of the acquisition of commercial insurance brokers George Williams Insurance Services, the twenty-second acquisition to be made by the group.
AI Claims Solutions snares training excellence gong
AI Claims Solutions has won Call North West's Best Training Programme Award at its 2007 Annual Award...
Relocation: Ask the expert
I'm interested in returning to Scotland after many years in the London insurance market. How easy is this likely to be to achieve?
Esure operative wins latest Direct Excellence award
Graham Tidd from the Sainsbury's car insurance call centre run by Glasgow-based Esure is the latest ...
EAR rolls out health offering
Employee Advisory Resource has launched an assistance product designed to improve companies' access ...
Pick of the Week
Jonathan Swift, editor, Post Magazine, provides a run down of the major news from the general insuran...
Alec Finch adds five
Alec Finch Group has announced five new appointments for its Manchester and Halifax corporate practi...
Berrymans Welsh move
Berrymans Lace Mawer is to open an office in Cardiff headed by Matthew Harrington. The move provides...
VP enters medical market with THIG buy
Axa-owned Venture Preference has launched into the private medical insurance market after buying The...
New defendants named in Marsh 'poaching' case
United Insurance Brokers has added two more defendants to its high-profile case against Marsh, which...