News
Equity deal finalised
Equity Insurance Group confirmed its acquisition by Insurance Australia Group was completed this wee...
North of the Border: The right to trial by jury
In last month's column, David Tait explained the legislative changes in Scotland that will result in...
Lockton backs Synergy start up
US broking giant Lockton is backing a high-profile professional indemnity captive manager, Synergy I...
Insurers to resurrect gender issue in fight
Insurers will cite a three-year-old argument next month in a bid to fend off possible government int...
Airmic exec to head new spin-off company
The Association of Insurance and Risk Managers this week began the quest to find a new executive dir...
QBE shrugs off loss of Temple contract
QBE has declared its commitment to the legal expenses market, despite the termination of its capacit...
Esure challenges ruling
Motor insurer Esure could face rival Direct Line in High Court if its decision to appeal last month'...
New Watchdog for Claims Management Companies
A new watchdog is about to clean up the excesses of the hitherto unregulated claims farming industry.
Collins poaches Willis Re exec for West Coast
US (re)insurance broker Collins has hired John Novak as a Senior Vice President for its West Coast operations.
Brit appoints onshore energy underwriter
Brit Insurance has appointed John Bryce as onshore energy underwriter.
Safety fears over glaziers prompts call for mandatory licence
A supplier of replacement doors and windows to the insurance industry is calling for every single contractor and operator in the glazing sector to be licensed - before somebody dies because of poor fitment.
MPs call for graduated driving licence
An early day motion has been tabled at the House of Commons calling for a graduated driving licence scheme in a bid to reduce deaths on the road.
Aon report highlights cultural problems in M&A deals
Cultural differences are hindering merger and acquisition transactions alongside other risks that can be more easily addressed, according to a private equity M&A report commissioned by Aon. The survey shows that amid increasing expansion by private…
K&R firms merge
Protective security company ArmorGroup International has announced the acquisition of Neil Young Associates, one of the world’s leading specialist kidnap and extortion consultancies, for a maximum consideration of £1 million.
Amlin reports strong start to 2007
Lloyd's insurer Amlin this morning reported that the gross written premium (after brokerage costs) in the year ended 31 December 2006 was £882m, up 19% over the same period in 2005. It also noted that it had a strong start to 2007 with business up 12% in…
Former Lloyd's director to take Aviva CEO job in July
Norwich Union's parent Aviva this morning announced that, after almost a decade in a CEO role, Richard Harvey has expressed his intention to retire as group chief executive on 11 July 2007.
Lloyd’s of London appoints Barbados agent
GM Yeadon Group has been appointed by the Agency Department at Lloyd’s of London as its exclusive Barbados Agent, effective from 1st January, 2007.
Heath Lambert personal lines go live on Open GI system
Open GI is the first software house to release Heath Lambert’s new range of full cycle EDI Homeline products.
Former Zurich ops boss joins THB
Specialist insurance broker THB Group plc has appointed Zurich’s former UK strategic planning director as its new director of group operations.
GAB boss to head up rival arm
Loss adjuster MYI has unveiled plasn for a new realty division, marking the extension of the firm’s offering to the growing property investors market.
Allianz Cornhill wraps up broker deal
Allianz Cornhill Commercial has secured a five year partnership with Higos Insurance Services to provide commercial package solutions for the broker’s SME book of business.
Equity: Acquisition update
Equity Insurance Group today confirmed its acquisition by Insurance Australia Group has been completed today.
Markel president lambasts Lloyd's aviation strategy
Markel president Tony Markel has launched a scathing attack on Lloyd’s recent willingness to accept new aviation capacity. Speaking at the behest of the Insurance Institute of London at Lloyd’s Old Library, he said he had been “appalled at the resigned…
Tony Markel gives view of Lloyd's future
Yesterday saw Tony Markel, President and Chief Operating Officer return to the Lloyd’s Old Library where he opened the Insurance Institute of London’s lecture season by presenting his views on the initiatives that remain to be tackled to assure Lloyd’s…