News
Giles strikes three year deal with insurer
Following an extensive tender process DAS Legal Expenses has won the commercial legal expenses insurance and advisory services account for Giles Insurance Brokers.
Towergate signs three year deal
Towergate Partnership has secured a three year extension to its contract to provide insurance services to members of the Federation of Small Businesses.
New anti-fraud solution launched for insurers
EMB, the actuarial and business consultancy, has launched a new service aimed at helping insurers and other financial services organisations to stem the flow of financial crime.
Lloyds boss ABI tenure extended
The Association of British Insurers has unanimously decided to extend the tenure of the association's current chairman, Archie Kane, until spring 2010.
Omega confident about 2009
Omega, the Lloyd's insurer, continued a list of (re)insurers who have expressed confidence about the rest of the year.
Good news for Renaissance Re ratings
The debt and insurance financial strength ratings of Bermudian (re)insurer RenaissanceRe have been placed on review for possible upgrade by ratings agency Moody's.
MMA updates micro SME range
MMA Insurance has changed its micro SME products to better meet the demands of its broker partners.
California fire may cost over $130m - First American
The Jesusita fire that raged through Santa Barbara, California may cost more than $130m.
IPC rejects new Validus offer
Bermudian (re)insurer IPC Holdings has rejected Validus' improved offer for the company.
AIG Chairman and CEO to resign
American International Group, Inc. (AIG) has said that its chairman and CEO Edward Liddy has informed the Board of Directors that he intends to step down once suitable replacement for both roles have been found.
Aon slams Obama terrorism insurance scaledown plan
Aon, the US broker, has slammed Barack Obama's proposals to scale back the Terrorism Risk Insurance Program (TRIPRA) in 2007.
Gulf Re ratings affirmed by AM Best
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of "a-" of Gulf Reinsurance Limited (Gulf Re) (United Arab Emirates). The outlook for both ratings is stable.
Cadogan Keelan Westall unveils new environmental insurance
Commercial property insurance broker Cadogan Keelan Westall has responded to the Environmental Damage (Prevention and Remediation) Regulations by developing a new product.
UIB expands aviation team
International broker United Insurance Brokers (UIB) today announced the appointment of Steve Bradley and Gwyn Derrick as Divisional Directors to the Aviation team, based in the London head office.
FirstAssist launches toolkit for SMEs
A new legal and compliance toolkit for small to medium-sized enterprises (SMEs) has been launched by legal protection provider, FirstAssist.
Aviation duo joins UIB
United Insurance Brokers has appointed Steve Bradley and Gwyn Derrick as divisional directors to the aviation team, based in the London head office.
New national-scale flood risk model launched
Flood risk assessment company Ambiental has launched a new method of flood modelling and mapping to create more detailed and accurate national-scale flood risk data.
Hole lands Plum job
Specialist household insurance provider Plum Underwriting has appointed David Hole as claims manager.
SBJ management buy back Lloyd's business from Axa
The management of SBJ Global Risks today announced that they have agreed to acquire, subject to regulatory approval, 100% of the share capital of SBJ Global Risks from Axa-owned Bluefin Group.
DAS makes way for Lawclub Legal in QBE deal
QBE's Motor division has replaced DAS with Lawclub Legal Protection in order to consolidate and enhance the legal expenses and uninsured loss recovery (ULR) cover it provides to its motor policyholders.
QBE motor arm dumps DAS in legal expenses shake up
As part of the continuing development of its motor portfolio offering, QBE's motor division has formed a legal expenses partnership with Lawclub Legal Protection in order to consolidate and enhance the legal expenses and uninsured loss recovery cover it…
Fitch changes Fortis rating watch to positive
Fitch Ratings has changed the rating watch on the long-term issuer default ratings of the five Fortis holding companies - Fortis SA/NV, Fortis NV, Fortis Brussels, Fortis Utrecht and Fortis Insurance NV - to positive from evolving.
Amlin recruits senior restructuring and integration expert
Amlin has appointed Andrew Grant as group operations officer, reporting to chief executive, Charles Philipps. In this new role, the insurer said he will be responsible for overseeing operational governance standards across the group and for ensuring that…
PHP completes Health Care Matters acquisition
Skipton Building Society group company The Private Health Partnership has acquired Health Care Matters.