News
Merlin refinancing deal struck to reduce costs
Loss adjusting and claims management company Merlin Professional Claims Services has agreed a refinancing deal with Royal Bank of Scotland, Bridgepoint and Babson Capital Europe.
Axa unveils direct launch
Axa has signalled its intention to become a major player in the direct motor market after launching an aggressive marketing campaign to support its return to the sector.
Hoban pledges 'dedicated' resource for insurance
The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.
Miller in FTSE 250 drive
Independent broker Miller has hired the former chief executive of Aon Global UK, Ken MacDonald, to spearhead its expansion in the corporate risk sector.
Go Compare halves losses as profitability aim beckons
Go Compare's chief executive Hayley Parsons has insisted that the aggregator is on course to make a profit for the first time since launching as a start-up in November 2006.
EMC ups guidance
EMC, the US property/casualty insurer, said it is upping its operating earnings guidance for 2009.
Axa joins Confused panel
Axa Direct has been named on the motor insurance panel for price comparison website Confused.
One Group appoints Linda Norman
Linda Norman will join the group as group client relationship manager in the new role created to nurture closer links with their industry partners.
CBG adds Hatton Promotions account
Broker CBG has signed a deal with boxing event promoter, Hatton Promotions.
Autotrader names Autonet as van insurance provider
Insurance broker Autonet has been named as the sole van insurance provider for Autotrader.
Keychoice unveils senior management team
Keychoice Underwriting has unveiled its senior management team as it prepares to launch later this year.
Garratts launches new Lancaster office
Garratts is launching a new office in Lancaster to provide corporate insurance and risk management services to clients in Lancaster, North Lancashire and Cumbria.
Post Pick of the Week
Amy Ellis outlines some of the major news from this week's issue of Post including: Go Compare halves losses; Tories pledge on insurance; Merlin refinancing; Miller in FTSE drive; and Heath Lambert chases HSBC account.
Willis appoints interim CFO
Stephen Wood, Willis global group financial controller, replaces Patrick Regan on 19 February.
Ex-Axa heads reunite at underwriting agency ahead of launch
Derek Findlayson and Dene Smith join Jonathan Davey and Tony Griffith as Keychoice management team.
Helphire to merge contact centres
Helphire proposes to consolidate its operational resource within two of its existing contact centres in the North East and North West.
Former Layton Blackham boss seeks new director for start up
Julian Mungo tells postonline that acquisitions could also be on the agenda at property specialist Aquilla.
Mapfre increases international business premiums
Spanish insurer Mapfre also increases its attributable result to €926.8m, and added consolidated revenues exceeded €18.8bn, a 6.3% rise over 2008.
Mapfre increases international business premiums
Spanish insurer Mapfre also increases its attributable result to €926.8m, and added consolidated revenues exceeded €18.8bn, a 6.3% rise over 2008.
Garwyn names new client relationship officer
Specialist liability adjuster Garwyn has appointed Nicola Friar as its new client relationship officer.
Marsh raids Zurich for new energy claims boss
Insurance broker Marsh has appointed Martin Clark as the UK leader of its energy claims team from Zurich Financial Services.
Senior trade credit broker defects to Aon Benfield
Political risk and trade credit broker Steve Hart has moved from Willis to Aon Benfield, Reinsurance has learned.
FM Global becomes admitted reinsurer in Labuan (Malaysia)
Property insurer FM Global has become an admitted reinsurer in Labuan, a federal territory in Malaysia, to serve its clients’ reinsurance needs in the region.
Giles invests £0.5m in new regional "super office"
First Minister of Wales, Carwyn Jones, joined Giles' CEO, Chris Giles, and Mike Jones, regional managing director at the official opening of the new office, located at Magden Park, Llantrisant.