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FM Global staff compete head on

A total of 35 teams from FM Global in the UK are taking on their colleagues around the world in a 10-week wellness challenge. Now in its second year, the insurer's global shape-up initiative encourages staff and their families to compete in order to…

Bureaucratic bosses damage insurance management

The insurance sector is suffering from substandard management, according to a new report. Research by the Chartered Management Institute found that 58% of the sector's workforce feels the dominant leadership style where they work is negative — putting…

Towergate smooths IPO path with debt restructure

Towergate has enlisted investment bank JP Morgan to advise it on a debt restructure that will extend the length of time it has to repay monies owed by swapping bank debt and preferred shares for a stake in a new subsidiary.

Kwik Fit's Meechan joins Tesco

Kwik Fit Financial Services insurance development director Gerry Meechan is set to join Tesco as part of its new general insurance structure, Post has learnt.

Reborn takaful firm eyes commercial move

Shariah compliant insurer Salaam Halal has vowed to write commercial business in the UK on its re-entry to the market, following parent group Principle Insurance's acquisition by the Kuwait-based Al-Salam Group.

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