News
Insurers top fintech innovator list but none from UK
Insurers have conquered a leading fintech innovation list revealed today (14 December), but the top spots went to those outside the UK.
Incoming Zurich CEO advised to 'regroup' as possible Senn successors are mooted
Zurich's next global CEO must focus on improving the company's property and casualty underwriting performance, with commentators pitching Mark Wilson and Tom Bolt among the front runners for the insurer's top job.
Letter of claim submitted on behalf of 342 Quindell investors
The law firm representing disgruntled shareholders of the technology solutions provider formerly known as Quindell has submitted its letter of claim on behalf of an initial 342 retail investors to the re-named Watchstone Group.
Caravan Guard sponsors wheelchair racing champion Hannah Cockroft
Halifax-based insurer Caravan Guard is sponsoring Paralympic and triple world champion Hannah Cockroft for the seventh year running.
Penny Black's Insurance Week - 17 December 2015
Penny marvels at ‘movel’ approvals.
Specialist cover launched for motorbike riders
A motorcycle product that allows riders to choose how much to insure their helmets and leathers is on offer from Loss Insurance Services.
European Council adopts insurance distribution directive
The European Council today (14 December) adopted a directive establishing new rules on insurance distribution designed to improve consumer protection for insurance products.
Berry Palmer & Lyle promotes Esdaile and Aspinall to joint MD role
Specialist credit and political risk insurance broker Berry Palmer & Lyle has appointed James Esdaile and Sian Aspinall as joint managing directors.
Carlyle deal paves way for specialist CL and HNW acquisitions at PIB
PIB Insurance CEO Brendan McManus is targeting numerous acquisitions in the early part of next year following investment into the business from private equity firm The Carlyle Group.
Allianz apppoints Smith and Abboud to its board
Allianz Insurance has appointed Stephanie Smith and Jacob Abboud to its management board, to replace John Knowles who has decided to retire from the business.
Bluefin acquires three Broker Network members
Bluefin has acquired Edinburgh-based Lomond MacDonald Insurance Brokers from Lomond Capital in a deal that completed on 30 November 2015.
Integro acquires Entertainment Insurance Partners
Integro Insurance Brokers has acquired Entertainment Insurance Partners, the parent company of Robertson Taylor Insurance Brokers.
LMA Academy sees its biggest year to date
With almost 7000 insurance professionals having taken part in events organised by the Lloyd's Market Association Academy since January, 2015 is set to be the biggest ever year for the LMA’s training and development team.
McManus and Giles sell 'significant' PIB stake to Carlyle Group
Global alternative asset manager The Carlyle Group has agreed to acquire a significant equity stake in Brendan McManus and Chris Giles’ latest broking venture PIB Insurance.
Charles Taylor recruits internally for insurance services CEO
Charles Taylor has appointed Luisa Barile as CEO of its insurance services division to succeed Stephen Card, who has been appointed insurance support services director.
Ex-Towergate director Trott moves from RK Harrison to NAH
RK Harrison specialist markets director Simon Trott has left the company to take on the role of managing director at National Accident Helpline, Post understands.
Marketform appoints Chubb's Brown as M&A global practice leader
Specialist Lloyd's underwriter Marketform has recruited Robert Brown as global practice leader of its mergers and acquisitions insurance operations.
Insurers welcome COP21 climate change target of 1.5 degrees
The Association of British Insurers has welcomed the climate change deal agreed in Paris saying insurers have a 'critical' role to play in this.
Questgates extends Zoom capabilities following Storm Desmond chaos
Loss adjuster Questgates is extending its Zoom capabilities following an increased demand for its high level survey offering in the aftermath of Storm Desmond.
Cathedral CEO and CFO exit Lancashire
Lancashire Holdings has announced the forthcoming departures of Cathedral Capital CEO Peter Scales and chief financial officer John Lynch on 31 March 2016.
Shareholders approve Willis and Towers Watson merger
The merger of Willis and Towers Watson is set to go ahead after shareholders of both companies approved proposals at a special meeting in the US today (11 December).
Page to exit Marsh in new year
CEO of Marsh’s UK commercial and consumer division Julie Page will leave the broker in the new year, as reported by Insurance Age today (11 December).
Buncefield Anniversary: A look at the explosion and the fallout from it 10 years on
The explosion at the Buncefield oil depot on 11 December 2005 was the largest explosion ever in Europe during peacetime. Safeguards failed and as a result a fuel tanker overflowed.