News
Axa/Footman renewal
Axa Assistance has renewed its partnership with Footman James, after signing a new two-year motor br...
RSA directors see pay rise as jobs are lost
RSA executive directors received salary increases of up to 10.4% and bonuses up to £841,000 in 2008,...
Helphire to raise funds
Helphire is to raise £50.0m through a placing and open offer. Cenkos Securities has conditionally pl...
Penny Black's insurance week
After getting over-egg-cited about the prospect of a postbag full of Easter treats, Penny was gutte...
Appointment at KPMG
KPMG has appointed Michael Crawford as associate partner to the financial risk management group wh...
Eqecat hires senior exec from RMS
Risk modelling company Eqecat said that William Keogh has been appointed as senior vice president for the company's strategic initiatives division.
Confused adds female-only insurer to panel
Price comparison site Confused has added Women on Wheels to its motor insurance panel.
Heath Lambert partners with the British Polio Fellowship
Unique, Heath Lambert's specialist insurance scheme for people living with pre-existing medical conditions, has partnered with the British Polio Fellowship, the UK charity supporting people with polio and Post Polio Syndrome.
Pick of the week
Senior reporter Sarah Hills looks at the major stories in this week's Post: Consolidators warned their survival rests on reinvention; RSA directors see pay rise as jobs are lost; Direct Line losing out in aggregator dismissal; and Alan Boswell secures…
Pembroke launches electronic infrastructure insurance
Ironshore's Pembroke Syndicate has launched its Electronic Infrastructure Insurance (Eii) product. This will provide cover to businesses for lost revenue and increased costs following a cybercrime, software failure or human error using an IT system.
Lloyd's denies reports of £200m retakaful syndicate set-up
Lloyd's has said that it is currently researching the viability of a retakaful syndicate, but has denied press reports that it is in advanced stages of setting up a syndicate.
White collar crime on the rise, warns Hiscox
Hiscox has warned of a rise in white collar related extortion incidents as the recession continues to hit employment in sectors such as financial services.
Ship stowaway problem set to increase in economic slowdown
The number of ship stowaways has started to increase as the global economic slowdown takes hold, the Standard P&I Club warns in a special bulletin to members.
Police Mutual appoints new chief executive
Police Mutual has hired Stephen Mann as its new chief executive.
Thatcham signs new deal
Insurance repair and research centre Thatcham has signed a new agreement with supplier of vehicle information Glass's.
Liberty Syndicate Management appoints underwriting risk manager
Liberty Syndicate Management has appointed Jamie Crookenden as its new underwriting risk manager.
Liberty snags risk management exec from Canopius
Liberty Syndicates, the Lloyd's of London arm of US insurance giant Liberty Mutual, said it has appointed Jamie Crookenden to the position of underwriting risk manager.
Global Special Risks London team joins Glencairn Energy
Global Special Risks London-based Energy team has joined the newly established Glencairn Energy division.
Budget expected to unveil credit insurance scheme
The chancellor Alistair Darling is set to unveil plans for a state guaranteed credit insurance scheme in next week's Budget, the FT has reported.
Policyfast recruits new broker development managers
Online wholesale broker Policyfast has bolstered its Huntingdon-based team with the hire of two new broker development managers.
Coverbox establishes new call centre
Insurance company Coverbox has established a new customer call centre to support its website.
Guy Carpenter grabs US brokers from Aon Benfield and Carvill
Guy Carpenter has confirmed a number of hirings from Aon Benfield and RK Carvill.
Validus will grow 'with or without' IPC deal - CEO
Bermudian (re)insurer Validus has said that it will grow its operations whether or not its $1.68bn takeover of Bermudian rival IPC Holdings is accepted by IPC's shareholders, Validus' chief executive Ed Noonan has told Reinsurance.
Assurant Solutions launches home emergency cover
Specialist insurance company Assurant Solutions has unveiled a new home emergency assistance cover to help homeowners cover the cost of unexpected repairs.