News
Allied World buys RSA's Hong Kong and Singapore operations
Allied World Assurance has reached an agreement to acquire the Hong Kong and Singapore operations of RSA for approximately $215m (£130m).
NHS to foot the bill for negligence claims against private firm
Complications following a number of cataract operations carried out on NHS patients by mobile theatre provider Vanguard Healthcare has again raised questions about the indemnity arrangements of private healthcare firms taking on NHS work.
Ex-British Gas MD becomes Aviva's first chief digital officer
Aviva has hired former British Gas commercial and product development managing director Andrew Brem as chief digital officer.
LV Broker appoints Blanchard as account manager
LV Broker has appointed Alex Blanchard as strategic account manager for personal lines accounts including Swinton, A-Plan, Coversure and Esure.
Charles Taylor CFO Soso to depart next week
Charles Taylor’s chief financial officer Tito Soso will formally depart the business next week, almost four and a half months after his resignation was announced.
Aegis London recruits two cyber security experts
Aegis London has recruited two cyber security experts from the defence sector to assist with its cyber offering.
Aon granted trailblazer status for new insurance apprentice standard
Broker Aon has been awarded government Trailblazer standard for insurance apprentices.
15% drop in large-scale terror attacks prompts RMS model update
A 15% reduction in the frequency of large-scale terror events in many cities has prompted RMS to release an update version of its probabilistic terrorism model.
Bridge Insurance Brokers launches bespoke programme for mine clearance firms
Bridge Insurance Brokers has launched a division to deliver bespoke insurance programmes to organisations involved in mine removal and post conflict security.
Ecclesiastical bolsters board with Taylor appointment
Specialist insurer Ecclesiastical has appointed former Goldman Sachs Asset Management boss Caroline Taylor as director to the board of the group’s insurance business Ecclesiastical Insurance Office.
Hill Dickinson unveils anti-fraud travel database
Travel insurance fraudsters have been put in the crosshairs by law firm Hill Dickinson through its launch of a new database to support insurers in stopping fraudulent claims.
Howden introduces 'world first' mining rescue product
Howden Broking Group has launched a standalone product that mitigates the costs of rescue in the event of a mine collapse.
Pen Underwriting unveiled as Gallagher's collective MGA brand
Arthur J Gallagher has signalled its intent to accelerate underwriting growth opportunities and become "a force to be reckoned with" following the launch of a single brand for its collection of UK managing general agencies.
Organic growth at Quindell sparks 119% rise in H1 revenue
Outsourcing firm Quindell has attributed “strong organic and synergistic growth” for a 119% increase in revenue to £357.3m for the opening six months of the year (H1 2013: £163.3m).
Ecclesiastical turns underwriting profit for first time in five years
Ecclesiastical recorded a reduced a pre-tax profit of £18.4m for the first half of the year (H1 2013: £24.4m) despite achieving an underwriting profit for the first time since 2009.
Towergate East Anglia merger puts 80 jobs at risk
Towergate is to consolidate offices in East Anglia as it considers opening a business hub in Norwich, according to reports.
Wishart says he will ‘always’ retain Cobra role after RRS launch
Cobra Special Risks managing director Paul Wishart has stressed that the launch of a new joint venture will not lure him away from his current employer.
Cobra boss targets 'high-growth' reputational risk market with start-up
Start-up intermediary Reputation Risk Solutions has been launched to take advantage of the “highly underdeveloped” reputational risk sector, amid claims the UK market could be worth £1bn by 2019.
BIA award winner video: Ingenie founder and CEO Richard King
Ingenie founder and CEO Richard King explains how an idea developed in his kitchen wooed both footballing pundit Gary Lineker and the British Insurance Awards judges.
DfT denies driverless convoy trial plans
The Department for Transport has denied that the UK government is plotting trials of convoys of driverless lorries on UK roads next year.
Construction insurer launches ECS-backed liability covers
Construction industry insurer Trade Direct has partnered with the UK Electrotechnical Certification Scheme to launch a new range of liability products.
Allianz creates new role to forge closer ties between claims and retail division
Allianz has appointed Richard Nettleship to the newly created role of proposition and change relationship manager, in a bid to forge greater links between its claims team and its retail division.
Helvetia shareholders urged to support Nationale Suisse takeover bid
Shareholders of Swiss insurance company Helvetia have been summoned to an extraordinary shareholders meeting where they will decide on the capital increase required for the takeover of Nationale Suisse.
Telematics M&As tipped to hit peak as Admiral mulls Insure the Box purchase
Rumoured deal follows those involving Wunelli and Ingenie in recent months.