News
Zurich begins search for new UK GI boss as Lewis leaves to replace Brown at RSA
Analysts question Lewis’s direct experience after 25-year tenure at Zurich
Towergate consulting on 69 underwriting roles
Towergate has confirmed that it will consult on a total of 69 roles as part of a redundancy programme at managing general agent Fusion.
Insurers seek clarity over tangible returns from infrastructure investment
ABI looks to secure 20-year investment partnership with government
Hong Kong legal changes win captive audience
Recent legislative changes in Hong Kong have set out the government's "determination" to promote the city state as a hub for captive insurance, according to law firm Howse Williams Bowers.
Tropical storm Arthur set to graze Florida
The first named storm of the Atlantic hurricane season will brush the Florida coastline later today, before strengthening near the end of the week.
BLM names ex-Zurich CEO Munnoch as strategic advisor
Law firm BLM has recruited former Zurich UK general insurance chief executive Guy Munnoch to serve as a special and strategic advisor its executive board.
Generali names Parisi as Europ Assistance CEO
Italian insurance giant Generali has named Antoine Parisi as the new chief executive of travel and healthcare cover provider Europ Assistance.
Insurers' defences likely to be watered down through law reforms
A reinsurance lawyer has warned several legal defences currently available to insurers are likely to be watered down through proposed changes to the Insurance Contracts Law Draft Bill.
Swinton buys book of business from Barnstaple broker
Swinton has acquired the commercial and personal lines book of business of Barnstaple-based broker Money Matters.
Axa UK CEO Evans nominated as ABI chairman
Axa UK group chief executive Paul Evans has been nominated to replace Tidjane Thiam of Prudential as chairman of the Association of British Insurers.
Double figure hike for Japanese earthquake premiums
Japanese non-life insurers are expected to raise earthquake insurance premiums by an average of 15.5% according to a report in the Jiji Press.
McManus leaves Gallagher ahead of planned exit date
Former Arthur J Gallagher UK retail chief executive Brendan McManus has left the broker ahead of his expected 1 January 2015 departure date to pursue other interests.
Aviva poaches Great Eastern chief
The chief executive of Great Eastern, Chris Wei, is to join Aviva as head of its global life insurance business and Asia chairman.
Softening reinsurance market showing 'no sign of relief' says Willis
The reinsurance sector is seeing significant rate reductions as the excess capital supply in the market continues to chase muted demand, according to Willis Re.
Be Wiser boss predicts return on investment after year of growth
Be Wiser Insurance finance director Andrew Dunkerley has heralded the fact the firm achieved increased profits of £2.2m (2013: £2m) against a backdrop of significant investment in staff and training.
XL Group extends Shariah compliant capacity to financial lines
XL Group has extended its Shariah compliant capacity to financial lines products across financial institutions, professional indemnity and management liability.
Hodges backs Fusion staff after management exits
Towergate group chief executive Mark Hodges has delivered a vote of confidence in the staff of Fusion, following the departure of several of the senior management team.
Improved contractors' combined product unveiled by Arista
Arista Insurance has launched a revamped contractors’ combined product following analysis on how the commercial lines underwriting specialist’s previous offering could be improved.
Cunningham Lindsey agrees to sell Corpore to The Treatment Network
Cunningham Lindsey has agreed to sell its rehabilitation and absence management business, Corpore, to independent rehabilitation group The Treatment Network for an undisclosed fee.
R&Q appoints Aon's Matthews as MD for Gibraltar platform
Randall and Quilter has appointed Andrew Matthews as managing director of R&Q Insurance Management (Gibraltar) previously known as R&Q Caledonian.
Sirius launches Lloyd’s managing agency
Sirius International Insurance Corporation has obtained approval to run its Lloyd’s Syndicate 1945 through its own managing agency effective 1st July.
Direct Group signs five year home affinity deal with Shop Direct
Ryan Speciality Group business Direct Group has penned a five year home insurance affinity deal with multi-brand digital retailer Shop Direct.
Brunel appoints Ladkin as non-executive chairman
Brunel Professional Risks has appointed Chris Ladkin as non-executive chairman as it sets its sights on becoming one of the UK’s largest independent brokers.
Fusion expansion leaves 50 roles at risk
Towergate’s decision to expand its Fusion brand across its bespoke underwriting portfolio has left approximately 50 roles at risk of redundancy.