News
Saga seals £1.35bn equity firm MBO
Saga has agreed to a £1.35bn management buy-out supported by private equity firm Charterhouse Capita...
Winner of the Young Insurance Professional
James Barwell, strategic business development manager at Axa Insurance, won the Young Insurance Prof...
Zurich Municipal aims to stamp out public sector faud
Zurich Municipal is aiming to stamp out public sector fraud with its appointment of Steve Jackson to...
The GISC given permission to accept complaints
The General Insurance Standards Council has been given permission to continue to accept complaints a...
More collaboration needed to improve industry's image
Insurance industry heads have called for the sector to pull together to help manage customer expecta...
Buried treasure
A company that undertakes deep-sea salvage operations on behalf of marine insurers has announced its...
Goshawk confirms talks with Nikko Principle Investment
Reinsurer Goshawk has confirmed it is still open to talks with Nikko Principle Investment about a po...
Potential extended FSCS cost concerns dismissed by FSA
Anxieties over the potential cost of the extended Financial Services Compensation Scheme were dismis...
Consolidation among larger brokers to increase following FSA regulation
Consolidation among super-provincial and provincial brokers will step up following regulation by the...
Insurance out as career choice
Just under 90% of UK students would never consider a career in insurance, according to the provision...
Appointment at Sequel Business Solutions
Software supplier Sequel Business Solutions has made Rob Downes customer delivery manager. He brings...
Appointment at CFC Solutions
A new management team has been appointed at fleet, contract hire and workshop software company CFC S...
Oxygen targets two as it opens doors
Start-up intermediary Oxygen Insurance Brokers has revealed it is in discussions with two businesses...
Dado enlisted to European role at CMGL
The Claims Management Group (CMGL) has appointed Frank Dado as European claims manager. Mr Dado will be based in The Hague and will be responsible for CMGL’s claims operations in the Netherlands, France, Germany, Norway, Denmark and Sweden.
XL completes management review
XL Capital has announced a number of executive management changes as part of a regular senior management review with changes taking effect on 1 November, 2004.
FSCS declares 33 more in default
The Financial Services Compensation Scheme (FSCS) is encouraging consumers to get in touch if they may have lost money as a result of their dealings with any one of 33 firms recently declared in default by the Scheme.
Non-exec posting to Forbes' board
Alexander Forbes has appointed Jannie Durand as a non-executive director to the board.
Wellington reviews hurricane losses
Wellington Underwriting has reviewed the potential financial impact of the four recent hurricanes Charley, Frances, Ivan and Jeanne on its underwriting results.
Heath property four leave for HSBC
HSBC Insurance Brokers has boosted its international property division by recruiting 4 senior market figures from rival Heath Lambert.
Deal boosts breakdown and warranty provider
Europ Assistance Group, the roadside breakdown assistance and warranty services provider, has bought the ICARE Group.
Willis continues acquisition spree
Willis has bought the business portfolio of Hong Kong-based Grande Insurance Brokers. Terms of the transaction were not disclosed.
Marsh announces Pru tie up
Medisure, the healthcare management arm of Marsh, is to provide PruHealth with clinical case management services, following PruHealth’s UK product launch yesterday.
European insurers welcome gender decision, despite December deadline
European insurance trade bodies have welcolmed the preliminary agreement struck by the EU Council for Employment and Social Affairs on the draft directive on equal access to and supply of goods. However, there was dissapointment that a final decision…
Legal action against private equity professionals can go up
Almost 40% of private equity practitioners believe legal action against their firms and executives will increase, according to research published by Marsh.