News
Brightside profits remain flat in H1 as net assets increase 5%
Brightside Group has recorded stable half-year post-tax profits of £5.5m (H1 2012: £5.6m.
Holman to be replaced as Brightside CEO later this year
Brightside chief executive Martyn Holman will be replaced later this year following a review of the board’s composition.
MGAA welcomes increased insurer support
The Managing General Agents’ Association has welcomed the 40% increase in the number of insurers, market participants and suppliers who attended this year’s MGAA capacity exchange event.
York International unveils new associate technical director
Loss adjusting firm York International has appointed Marc Godfrey to the role of associate technical director based in London.
Telematics product launched in Ireland
Ireland’s first dedicated telematics brand Boxymo has been launched by Octo Telematics in partnership with MCL Insurance Services.
AJG acquires Belmont International
Arthur J Gallagher has acquired passenger transport specialist Belmont International for an undisclosed sum.
Tokio Marine appoints European head of marine underwriting
Tokio Marine Europe Insurance has promoted Wayne Krause to European head of marine underwriting.
Ten’s ownership scheme heralded as future for independent brokers
Sharp hopes for new share model to become big brokers’ ‘biggest nightmare’
Rivals set to take advantage of Swinton’s downsizing plans
Firm to close 100 of its 500 branches by end of 2014
Gibraltar’s appeal as an insurance hub threatened by new regulation strategy
Regulator to take closer look at firms’ non-EEA reinsurers
Scottish civil litigation costs review not a repeat of Jackson reforms
Taylor review’s key proposals include QOCS and referral fee approval
Deadline approaches for Claims Awards Asia entries
The deadline to submit entries for the Claims Awards Asia is 23 September.
Prudential's Hong Kong restructure moves forward
The courts have approved Prudential's Hong Kong 'domestication' plan.
De Vert directors settle in Gibraltar investigation
The Gibraltar Financial Services Commission has closed the investigation on the conduct of two directors at failed insurer De Vert, with the pair agreeing to not to take directorships or acting as decision makers on underwriting.
Gibraltar regulator concludes De Vert director investigation
The Gibraltar Financial Services Commission has closed the investigation on the conduct of two directors at failed insurer De Vert, barring them from additional directorships and acting as sole decision makers on underwriting.
Tokio Marine promotes Krause to European head of marine underwriting
Tokio Marine Europe Insurance has appointed Wayne Krause as European head of marine underwriting.
Sam Hobson joins Lockton Real Estate and Construction
Lockton has appointed Sam Hobson as business development executive.
Costs report puts victims first
The recent Scottish report on the cost of civil litigation has “blazed a trail for fair play” in courts for injured people, according to the Association of Personal Injury Lawyers.
RKH recruits from Aon to expand fine art team
Employee-owned insurance broker R K Harrison has hired Alison Hillier and Annabel Brownhill from Aon Artscope to expand its fine art team.
Women drivers more likely to recommend their motor insurer
Women drivers are more likely to recommend their motor insurer than men, a survey of more than 12 000 pre-renewal consumers has found.
Travelers hires ex-Catlin director for aviation division
Travelers has appointed David Watts as head of general aviation for Travelers Syndicate Management, Syndicate 5000 at Lloyd’s.
Birmingham branch boss takes on Axa strategic partnerships role
Axa commercial lines and personal intermediary has appointed Barrie King as head of strategic partnerships.
Costa Concordia set upright
The operation to set the Costa Concordia on its keel has succeeded, after taking all of Monday and most of the night.
Costa Concordia righted
The operation to set the Costa Concordia on its keel has succeeded, after taking all of Monday and most of the night.