News
Aon and Ecclesiastical combine for doctor/dentist product
Insurance broker Aon, in partnership with insurer Ecclesiastical, has launched Practicecare, an insurance policy designed to meet the specific needs of doctors and dentists in the UK.
Aon and Ecclesiastical launch doctors and dentists product
Aon has joined forces with insurer Ecclesiastical to launch Practicecare, an insurance policy designed to meet the specific needs of doctors and dentists in the UK.
Open GI and Countrywide Events secure CII accreditation
Open GI Product Clinics and Countrywide Broker Clinics have been accredited by the Chartered Insurance Institute .
Lockton and Kiln join forces to expand corporate identity theft protection
Lockton and Kiln have teamed up to tackle data breaches and outsourcing deals that open up major companies to multiple hundred million dollar exposures.
Brit Insurance names Wilson as Global Markets CEO; Sibthorpe resigns
Brit Insurance, the UK-based (re)insurer, said that it has appointed Matthew Wilson as chief executive officer of its global markets business following Mike Sibthorpe's resignation.
Solicitors face investigation by the IFB
Dozens of personal injury claims management companies and ten solicitors’ firms are being investigated for insurance fraud by the Insurance Fraud Bureau , according to the Solicitors Journal.
RBS confirms plan to raise £4bn with insurance business sell off
Royal Bank of Scotland has confirmed that it plans to sell part or all of its insurance business in an effort to bolster its balance sheet. The move is expected to raise around £4bn.
Heath Lambert and Cooper Gay in acquisition talks
Cooper Gay and Heath Lambert have confirmed they are in talks about Cooper Gay acquiring Heath's aviation, global business solutions, FSJ and reinsurance divisions.
Bank consortium confirms Erinaceous acquisitions
A business investment company established by banks HBOS, HSBC, and Lloyds TSB has confirmed it has acquired three businesses from The Erinaceous Group, which went into administration last week.
Beazley's Q1 net written premiums fall 2%
Beazley, the Lloyd’s (re)insurer, said that first quarter net written premiums fell 2% to £123.6m from £125.6m a year earlier, as renewal rates fell 6%.
Lloyd's appoints new president of North America
Lloyd's has appointed LoriAnn Lowery as its new president, North America.
Qatar Financial Authority poaches Lloyd's international development head
The Qatar Financial Authority has appointed James Sutherland as its director of business development for insurance and reinsurance.
Directors and officers need extra protection, say Smart and Cook
A limited liability company no longer provides protection for directors and officers, warns Smart and Cook.
Broker Direct snaps up broker
Broker Direct has acquired Tamworth-based Bevan Fox Insurance Brokers.
Darwin Rhodes earmarks acqusitions with £5m warchest
Recruitment firm Darwin Rhodes has announced that it has been bolstered by a £1.7m investment by YFM Private Equity and YFM Venture Finance.
Food and drink companies face difficult future, says Aon
Companies operating in the food and beverage sector should be hedging against a difficult future, according to Aon Risk Services.
Action needed to avoid cycle deaths says NU
Large vehicle operators must take action to stop further increases in cyclist injuries and fatalities or face investigation by the police or the Health and Safety Executive, according to Norwich Union.
Miller appoints new chair
Miller Insurance Services has appointed Nick Lyons as chairman, effective from 1 May 2008. He replaces Iain Webb-Wilson, who retires after 37 years at Miller, seven of which as chairman.
Lloyd's appoints new president of North American unit
Lloyd's said it has appointed LoriAnn Lowery as its new President of North America.
Europ Assistance Group announces results
Europ Assistance Group had a turnover of €1b (£800m) for 2007, an increase of 18% from the previous year, the company announced today.
Acumus buys Fortress Underwriting
Acumus Insurance Solutions, part of the UKU Group, has paid an undisclosed sum to acquire Bristol and Exeter-based Fortress Underwriting.
Dual expands in Hong Kong
Dual International has announced that it is to open a new office in Hong Kong.
Aegis London grows cargo team
Aegis London, the UK-based subsidiary of Associated Electric and Gas Insurance Services, has appointed Frank Chu as cargo underwriter.
AIG restructures UK operation
AIG UK has announced plans to consolidate its property, liabilities and combined businesses into one division under the leadership of Jason Harris.