News
Aon in public sector revamp
Aon is to revamp its public sector risks team under new national head, Phil Tompsett.
Heath Lambert designs product for artists
Blackwall Green, Heath Lambert’s specialist fine art broker, has launched an insurance product especially for artists.
Forensic valuation service launched for insurance professionals
Surveyors and valuers Stevens Scanlan have launched a specialist Forensic Valuation Consultancy division to provide the forensic expertise increasingly being sought after insurers, especially those involved in professional indemnity.
AIG buys out Lloyd's managing agent
AIG has acquired all of the outstanding shareholdings of Lloyd's managing agent Ascot Underwriting (Ascot) not currently owned by AIG.
Willis regains 100% control of Hungarian operation
Willis Group Holdings has acquired 100% of Willis Kft, its joint venture in Hungary, by purchasing the 20% stake of its local broker partner, Erix.
Euclidian founder to run broking start up
AIM listed THB Group today announced that James Truscott will join the board of THB’s recently created underwriting agency, Unicorn Underwriting as managing director.
Ace takes AIG director Sharpe to lead UK & Ireland casualty and major risks
Ace has appointed of Phil Sharpe as director of casualty and major risks for the UK and Ireland.
THB motor fleet team moves closer to Lloyd’s
The motor fleet team of THB London Market has moved its administrative operation to THB’s London office.
BGL strikes deal with Kwik Fit Insurance
BGL subsidiary comparethemarket has added Kwik Fit Insurance to its panel.
Carvill claims $60m derivatives traded on its CME contracts
Reinsurance broker Carvill has said that trading its Carvill Hurricane Index (CHI) contracts continues to grow on the Chicago Mercantile Exchange (CME) and the nominal value of derivatives traded has nearly hit $60m.
Arista opens new St Albans office
Commercial lines underwriting operation Arista Insurance has opened a new office in St Albans to support brokers based in the City, northern Home Counties and East Anglia.
Groupama appoints HR director
Groupama Insurances has appointed Paul Cann as HR director. He joins the company from ING Bank on 16 July and will lead the development and implementation of the company’s various people strategies as it continues its drive to be a great place to work.
Evolution launches electrical inspection service
Commercial underwriting specialist Evolution Underwriting has expanded its portfolio of products to brokers with the launch of an electrical inspection service.
New electrical inspection service launched by Evolution
Commercial underwriting specialist Evolution Underwriting has expanded its portfolio of products to brokers with the launch of a new electrical inspection service.
Coface issues global credit warning
Credit insurer Coface has recalculated its country ratings in response to the deepening credit crisis.
Marsh claims first captive insurance management licence in Dubai
Marsh has been awarded what it claims is the first licence to provide captive insurance management in Dubai.
Brit Insurance opens new underwriting centre in Reading
Brit Insurance Holdings has announced the opening of its new permanent underwriting centre in Reading.
Biba calls for seven point action plan on floods
The British Insurance Brokers’ Association has welcomed the agreement between the government and the Association of British Insurers to ensure that flood insurance remains widely available, but believes that there are still properties that will be…
Willis appoints MD to drive strategic carrier relationships
Willis Group Holdings has appointed Jonathan Prinn as managing director of strategic carrier relationships, a key role in driving the company’s 'Shaping our Future' growth strategy.
Axa revealed as latest Preferred Protection Panel Member
Axa has joined Paradigm Mortgage Services’ Preferred Protection Panel.
BIBA gives caveat to ABI agreement
The British Insurance Brokers’ Association (BIBA) has welcomed the agreement between Government and the Association of British Insurers (ABI) to ensure flood insurance remains widely available. Despite this, BIBA believes that there are still properties…
Lloyd's A rating reaffirmed
Rating agency AM Best has reaffirmed Lloyd’s A (excellent) rating.
Partner Re receives approval for license in Brazil
PartnerRe, the Bermudian (re)insurer, said that its subsidiary, Partner Reinsurance Europe Limited, has received approval from the Brazilian reinsurance authority SUSEP as an admitted reinsurer.
US regulator publishes damning report into three ratings agencies
The SEC has issued a damning report into practices at ratings agencies Standard and Poor's, Fitch and Moody’s.