News
Corbally appointed COO at XL Weather
XL Weather & Energy (XLWE), a subsidiary of XL Capital has announced the appointment of Michael Corbally as senior managing director and chief operating officer.
IIB angered by FSA broker stance
Financial Services Authority chairman Callum McCarthy has refused to alter rules that expose general brokers to unlimited individual FSCS claims arising from insurance mediation activities, according to the Institute of Insurance Brokers.
Admiral IPO begins successfully
Admiral Group has successfully placed its initial public offering of existing ordinary shares to institutional investors. The offer price was set at 275 pence, with shares trading at 283 pence at 8:15am
Ex-Aon man moves to Health Lambert for north regional role
Heath Lambert has appointed David Rudman, as director responsible for the broker's business development and client servicing initiatives in the Northern region.
JLT switches Cayman operations to Bermuda
JLT Risk Solutions has announced that following the catastrophic damage caused by Hurricane Ivan it has temporarily relocated its Cayman operation to its Bermuda office while the damage to infrastructure is being repaired.
Offshoring trend to continue
Norwich Union has announced plans to move 950 more jobs abroad following its December announcement of shifting 2350 jobs to India, according to the National Outsourcing Association.
Appointment at Software Solutions Partners
Software Solutions Partners has appointed Liz Latter as manager for corporate business development. ...
RAC mulls commercial push
RAC is understood to be considering a move into commercial lines after confirming the expansion of i...
Amicus closes college for health and safety reasons
Insurance union Amicus, has closed its London Whitehall College for health and safety reasons. The c...
Relaunch targets £800m GWP
Bluesure is launching its 'multiplex' insurance offering in the UK this month, planning to reach £80...
Appointment at Summit Re
Reinsurance broker Summit Re has appointed Deborah Stubbs as a managed care specialist. She joins fr...
Medicash to advertise via Taxi TV
Health cash plan provider Medicash is to advertise with Liverpool black cabs via Taxi TV. Some 70 ta...
Saga IPO 'not a sale tactic'
Saga has launched a national press campaign to promote a stock market float, but it has denied it is...
Alea Group announces underwriting profit
Insurer and reinsurer Alea Group has announced underwriting profit before allocated investment retur...
Appointment at Marsh
Marsh has made Tristan Webb development executive in the company's Southampton office. Working withi...
No Can Do for Cox as insurer divests
Cox Insurance has closed two subsidiaries and put one up for sale as it announced half-year profits ...
Multiassistance launches Multiaccess
European property repair network Multiassistance has launched Multiaccess, which it claims can reduc...
XL Capital marks opening of new office
XL Capital marked the opening of a new office for its London operations by announcing its financial ...
Alexander Forbes close to achieving its aim
Alexander Forbes said it is close to achieving its aim of being market leader for professional indem...
Chaucer may avoid the drop
Chaucer Insurance has hinted it may not reduce capacity on Syndicate 1084 for the 2005 underwriting ...
Institute chair acclaims three year recovery
The Institute of Risk Management claimed it has "turned the corner" with increased membership and po...
Appointment at Beazley Group
Lloyd's insurer Beazley Group has appointed a specialist engineering team headed up by Peter Evans. ...
Lloyds TSB claims industry first
Lloyds TSB Insurance has officially launched a 'same day' cash settlements service for policyholders...
Towergate Underwriting strikes deal
Towergate Underwriting has struck a deal to supply its range of specialist insurance products, inclu...