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Lancashire appoints chief risk officer

Lancashire Holdings, the Bermudian (re)insurer, said that it has appointed Steven Sumner as chief risk officer. Neil McConachie, who previously held the role of chief risk officer, continues as chief financial officer.

Broker Direct opens new office

Broker Direct, the broker-owned insurance underwriting and services organisation, has opened a second office in Bolton to cater for its ambitious expansion plans.

Munich Re subsidiary Ergo is now sole owner of Turkish insurer

(BestWire) - German insurer and Munich Re subsidiary Ergo Insurance Group has announced that it is now the sole owner of Turkish insurer Ergoisviçre Sigorta after getting the required regulatory approvals for the transfer of shares from Avrupa Holding.

Hill leaves Highway behind

Liverpool Victoria (LV) has lost its second senior executive in as many months with the news that Chris Hill, managing director of Highway Insurance, is to leave the company.

CILA appoints new president

Angus Tucker, director, Insurance Claims Solutions of Grant Thornton, has been appointed president of the Chartered Institute of Loss Adjusters (CILA).

QBE Europe swoops for Equity Red Star

QBE Europe is set to become a major player in the UK personal lines motor market with the acquisition of Lloyd's insurer Equity Red Star. The deal, which could be finalised as early as February next year, comes six months after QBE Group was rebuffed in…

Questgates launches property product

Questgates has launched a new dedicated Third Party Property Damage service after identifying there can be considerable leakage following damage to third party property, the company said today.

MMA appoints electronic distribution manager

MMA Insurance, has appointed Darren Marchant to the role of electronic distribution manager in the latest of a series of key appointments designed to enhance its online and offline distribution capability.

Brit Insurance snags exec from Travelers

Brit Insurance, the UK general insurance and reinsurance group, announced the appointment of Steven Pollock to the newly-created role of UK portfolio manager for its professional indemnity book.

Insurer unveils fraud partner

Following a competitive tender process involving 21 companies specialist insurer Ecclesiastical has appointed The Cotswold Group to provide claim investigation and surveillance services.

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