News
Aspen hires team for new professional indemnity push
Mitsui Sumitomo Insurance has moved quickly to shore up its professional indemnity business followin...
Appointment at Towergate
Towergate has recruited Fiona Andrews as head of people development and reward. Formerly head of gen...
Appointment at St Paul Travelers
Sir John Carter has been appointed non-executive chairman of St Paul Travelers. Sir John was previou...
Appointment at RTW Plus
RTW Plus, part of the Parabis Group, has appointed four rehabilitation co-ordinators/medical case ma...
Indie Trial: 2000 accounts would have been stopped
Independent’s internal and external auditors would have vetoed its 2000 accounts had they known of rearranged reinsurance contracts, but the deals were "a fait accomplis", writes Ralph Savage.
Indy board would have stopped 2000 results announcement
Independent’s internal and external auditors would have vetoed its 2000 accounts had they known of rearranged reinsurance contracts, but the deals were "a fait accomplis", writes Ralph Savage .
Financial review of 2000
Dennis Lomas’ financial review for the year ending 2000 detailed to the audit committee how Independent had secured reinsurance contracts similar to interest only loans, writes Ralph Savage .
Markerstudy unveils new acquisition
Markerstudy has purchased Birmingham based intermediary Group Optima (which includes Cabs 2000 and Cassidy Insurance Services). It following its deal for Brimingham-based Insurance Factory, and is its sixth successive acquisition to date.
Morris made MIB chairman
Keith Morris has been appointed chairman of the Motor Insurers’ Bureau. Mr Morris holds positions on the ABI GIC, the ABI Motor Committee, the ABI European Committee, the MIB Levy Group and he chairs the general insurance FOS liaison group.
Marsh signals SME intent with RSA hire
Marsh today announced that it had appointed Chris Wallace as head of its commercial client practice in the UK, aimed at growing its share of the UK's SME market.
Post pick of the week
Anthony Gould, editor in chief of Post Magazine provides an insight into some of the major news in the general insurance sector this week including: Aon CEO Ball takes a swipe at regional SME broker advice; DAS issues warning over Ministry of Justice…
Virgin Holidays team up with Mondial UK for Families Travel Insurance Deal
Virgin Holidays has teamed up with the insurer Elvia Travel Insurance and online travel insurance administration specialist Mondial UK to provide its travel insurance solutions in a new three year deal.
Willis Re sees heavy competition in 1st July renewals
Reinsurance broker Willis has issued a 1st July reinsurance renewal report citing price reductions of up to 15%-20% for loss-free programmes and increased competition across all lines.
Ascot launches new renewable energy venture
Ascot Underwriting today announced the establishment of a new renewable energy operation, Renewco Underwriting.
AIG Private Client Group launches new yacht cover for high net worth market
AIG Private Client has launched a new yacht product for the high net worth market. A ‘one stop’ combined product, it will automatically offer employers’ liability coverage for all crew members.
Lockton appoints CEO for Middle East push
Lockton International has appointed Wael Khatib, former chief executive of Market Insurance Brokers (MIB) to lead its expansion in the Middle East and North Africa.
Aspen targets $100m book of ex-US professional liability business
Bermudian (re)insurer Aspen announced that it will enter the Professional Liability Insurance market in September 2007 through its UK subsidiary Aspen Insurance UK.
Add-on to Policyfast's fleet insurance product
Following the launch of its fleet insurance product, Policyfast, the web-based wholesaling intermediary has now added the option of RAC breakdown cover to it’s produced quotations.
Navigators and General launches new Commercial Marine Combined insurance product
Navigators and General (N&G), providers of commercial marine insurance, has launched a commercial marine combined insurance product, which will offer a tailored 'one-stop solution' for the specialist £2.8 billion UK marine trade industry.
New gap year travel extension from Hiscox
Hiscox has launched a tailored insurance cover to meet the increasing demand from gap year travellers, as an extension to some of its home and contents policies. The cover will include more unusual sports and activities such as safaris, paragliding and…
Indie Trial: Witness stands firm
The trial continued this afternoon with the resumed cross-examination of Daniel Hodson, chairman of the audit committee, by Michael Bright's counsel, Ian Winter. David Worsfold reports .
Witness stands firm
The trial continued this afternoon with the resumed cross-examination of Daniel Hodson, chairman of the audit committee, by Michael Bright's counsel, Ian Winter. David Worsfold reports .
LEIG responds to compensation reforms
The needs and rights of claimants to have access to justice and fair levels of compensation must be the key principles to be met in any further reform of the personal injury compensation system in the UK.
Leinster Syndicate to reapply for Lloyd's approval
A new Lloyd’s syndicate will reapply for approval to trade starting in November.