News
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.
Howden snaps up Benfield property team
Hyperion Insurance Group subsidiary Howden has agreed to take on the US wholesale property and casualty team from Benfield Corporate Risks.
Royal Liver joins Adviserwise Agency Registration Service
Royal Liver has signed up to the Adviserwise Agency Registration Service
Allianz cuts 90 jobs after retail review
Allianz has announced plans to cut 90 roles following a recent review of its retail strategy.
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.
DAS appoints ex-Hibernian chief as non-executive director
DAS Legal Expenses Insurance Company has appointed a new chairman and two new members to its board including former Hibernian chief Bryan Jenkins as non-executive director.
Moorhouse appoints operations director
Commercial broker Moorhouse has appointed Joe Sultana to the board as operations director.
Ace appoints director of Scotland
Ace Europe has appointed Colin McKellar as director of Scotland, based in its Glasgow office.
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.
Clyde & Co appoints new form practice leader for Bermuda
Law firm Clyde & Co's has appointed Judith Selby, formerly a partner at Duane Morris, to lead their form practice in Bermuda.
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.
Aon appoints new head of trade credit
Stuart Lawson has been appointed head of Aon Trade Credit.
Willis names first ten brokers to join new network
Willis has revealed the names of teh first ten members who have joined Willis N2, its new partnership with independent, community insurance brokers.
Ace survey highlights regulation concerns
Managing regulatory risk has emerged as one of the most pressing concerns among global business lead...
Broker scheme aims to breed next generation of high flyers
Insurance broker Barbon has launched a training scheme in order to nurture future high flyers within...
CII broadens course appeal
The Chartered Insurance Institute has introduced more technical and management subjects as part of a...
Axa and Fortis win IFS awards
Axa Insurance and Fortis came up trumps at an awards ceremony last week that celebrated innovation i...
IFS to move offices
The IFS School of Finance is moving from its home in Cannon Street in the City of London to larger p...
Pick of the week
Post reporters Louise Meeson and Sarah Hills round up the top stories from the general insurance sect...
Willis cuts expenses
Willis has reigned in executive expenses in response to the challenges of the current economic clima...