News
Zurich converts Irish operation into big-ticket carrier
Zurich Financial Services Group announcedtoday that Zurich Insurance Ireland Limited (ZIIL), formerly Eagle Star Insurance Company (Ireland) Ltd, will become an EU-wide risk carrier for Global Corporate business with the ability to operate through a…
eReinsure wins ACCORD LOMA awards
eReinsure.com has received four awards recognising its leadership in web-based technologies for reinsurance and in implementing ACORD XML message standards.
W Virginia AG sues Acordia over commissions
West Virginia attorney general Darrell McGraw has announced that the state is suing Acordia of West Virginia, and its parent, Acordia, following allegations that the companies received millions of dollars in hidden "contingent commissions" paid to them…
Former Marsh boss to chair Lloyd's broker
UIB has appointed former Marsh chairman David P Trezies as executive chairman of UIB Holdings (UK) with immediate effect.
Beachcroft Wansbroughs hires new partners
Beachcroft Wansbroughs, has announced the appointment of five new Partners and 19 new Associates from 1st May.
Cornhill begins preferred supplier overhaul
Allianz Cornhill has launched a preferred risk management supplier initiative.
Cornhill reenters cricket sponsorship
Twenty-seven years after Cornhill Insurance became cricket’s first major financial sponsor, Allianz Cornhill has announced that it will become the first commercial sponsor of an initiative designed to regenerate competitive cricket in state schools.
Esure looks to enter new markets in online push
Esure has launched a new multi-million pound advertising campaign to help increase its share of the UK’s internet business. Esure - which has over one million policyholders - currently transacts 70% of its business online.
Lutine Lineslip Regatta: last call
The popular Lloyd's Yacht Club Lutine Lineslip Regatta, supported by Post Magazine, which sets sail next month, is almost fully booked, but any aspiring sailors can still come on board - if they act quickly.
Lloyd's broker announces cheaper premiums in Irish push
Howden Architects' Insurance Services, a division of Lloyd’s broker Howden UK, has formally launched in Ireland, promising to bring cheaper premiums to Ireland's 450 architects.
Berries steps up as NU rejigs
Norwich Union has announced the second tier of its senior management structure after it finalised the top level two weeks ago.
QBE expands trade credit book
Following the appointment of Jeremy Hughes as Portfolio Manager of its Trade Credit team in London, effective 4 April 2005, QBE Insurance has expanded its products to include credit and surety solutions, incorporating whole turnover.
Kinnect awarded double gong
Kinnect, the electronic platform which securely exchanges risk data and wordings between brokers and underwriters, has won two awards from international standards body ACORD.
MIB predicts new laws could lead to 50 000 more prosecutions
A new crackdown on uninsured drivers could result in an additional 50 000 successful prosecutions during the next 12 months, the Motor Insurers' Bureau predicted today.
AA waives away motor price war fears
Claims that car insurance premiums have been substantially rising over the past year have been dismissed by the AA.
Hiscox opens broker roadshows
Hiscox brokers across the UK will this week take part in a series of road shows staged by the specialist insurer.
New business push by Sectornet
Insurance broking systems provider Sectornet has promoted Ian Gibbard to the role of Business Development Manager.
Moscow Re announces 2004 profit
Moscow Reinsurance has announced that it achieved record financial results for the year ended 31 December 2004.
IUA admits Arch Europe and appoints Markel COO to board
Arch Insurance Company has become the first new member of the International Underwriting Association (IUA) since the market body announced its new business agenda.
Far Eastern appointment for Heath
Heath Lambert has appointed Michael Haynes as managing director of its operations in Hong Kong.
Woman fraudster sentenced to four months in jail
43-year-old Sandra Stevenson of Cawthorne Close, Kirkby, who made a false claim against Knowsley Metropolitan Borough Council, was found guilty of attempted deception by a magistrate’s court and sentenced to four months imprisonment this week.
Kramer steps down at Ace
Don Kramer, executive, office of the president & chief executive officer has retired from Ace.
Schoen resigns from Axis
Axis Capital Holdings has confirmed that Scott Schoen has stepped down from its Board of Directors. Mr Schoen's resignation follows the sale last week of all remaining Axis Capital common shares owned by Thomas H Lee Partners and related entities.
Heath Lambert wins St Martins account from Willis
Heath Lambert Property Portfolio has been appointed broker for the UK operations of St Martins Property Corporation after tendering for the account against existing broker Willis.