News
North-west broker expands business
Insurance Broker LJM Partnership has moved to new premises in Bredbury, Stockport in a move that it says puts it in a position for further expansion.
Quinn loses legal battle
A Court of Appeal judgment will have major implications for insurers seeking access to confidential documents that could enable them to refuse indemnity according to law firm Browne Jacobson.
Xchanging agrees London market e-accounts deal
Business processing firm Xchanging has agreed a deal with the International Underwriting Association of London and the Lloyd’s Market Association to build an e-accounts capability for the London market.
Torus names PI manager
Torus' joint venture with Nexus Underwriting Management has entered the professional lines market with the appointment of David Robinson as professional indemnity manager.
ABI: travel claims hit all time high
Figures released today by the Association of British Insurers highlight that the cost of falling ill abroad has hit a record high, as travel insurers helped a record number of people needing emergency medical treatment while overseas.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
Axa-owned Bluefin strikes alliance with US broker
Axa-owned Bluefin has become an inaugral member of Equity Risk Partners Global, a worldwide alliance focused exclusively on the needs of the private equity sector.
ABI: travel claims hit all time high
Figures released today by the Association of British Insurers highlight that the cost of falling ill abroad has hit a record high, as travel insurers helped a record number of people needing emergency medical treatment while overseas.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
Axa-owned Bluefin strikes alliance with US broker
Axa-owned Bluefin has become an inaugral member of Equity Risk Partners Global, a worldwide alliance focused exclusively on the needs of the private equity sector.
DWF reports 51% hike in profits
Law firm DWF has posted a 51% increase in net profit and a 17% rise in turnover to £71.5m for its year ending April 2010.
ABI remains tight-lipped on Kelly departure
The Association of British Insurers has refused to comment on speculation that director general Kerrie Kelly is set to leave her post after just six months.
Former Chubb personal lines boss Sims in high net worth return
Former Chubb Europe personal lines manager John Sims has returned to the high net worth market as a consultant with Sterling.
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
Plummer given new role in MMA shake up
Former general insurance boss of the Chartered Insurance Institute Peter Knowles has been appointed head of UK development at MMA following a management shake-up at the French-owned insurer.
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
Walsham Brothers director appointed Guy Carpenter marine and energy head
Martin Pepper has been appointed as head of Guy Carpenter’s London-based marine and energy practice with effect from August 16, 2010.
Neal bill debated by lawmakers but a vote is still far away
The controversial reinsurance bill targeting the 'Bermuda loophole' is advancing slowly but Congress is unlikely to move quickly on the controversial tax legislation.
Deal adds £10m to Dual's capacity
Dual Corporate Risks has created a strategic alliance with Newline Syndicate 1218 at Lloyd's.
WNS moves into Cheadle
WNS Assistance is looking for 30 new recruits after moving into larger offices in Cheadle, Manchester.
Ace UK names new global markets president
Ace UK has named Matthew Shaw as president for Ace Global Markets and active underwriter for syndicate 2488.
SMEs cautious on economic recovery
More than half of UK SMEs believe a full economic recover is at least two years away.
Quinn faces massive claim after Burger King factory blaze
Quinn is set to face a significant claim after a factory used by fast food giant Burger King was destroyed by fire, it has emerged.
Innovation Group names UK boss
The Innovation Group has appointed Robert Thomson to head up its UK business.