News
Ironshore strengthens healthcare portfolio in the London market
Ironshore Europe has appointed Jamie Lewis as senior vice president healthcare. Lewis will be responsible for developing Ironshore’s healthcare professional liability portfolio in the London market.
Dual partners with Everest Re on international D&O programme
In partnership with Everest Reinsurance Company, Dual Specialty Underwriters has launched an international directors’ and officers’ programme aimed at foreign companies listed on US securities markets through American Depository Receipts.
Dual partners with Everest Re on international D&O programme
In partnership with Everest Reinsurance Company, Dual Specialty Underwriters has launched an international directors’ and officers’ programme aimed at foreign companies listed on US securities markets through American Depository Receipts.
Broughton to replace McGinn as Hanks unveils Allianz exit date
Simon McGinn will succeed Chris Hanks as general manager of commercial at Allianz with effect from 1 July.
$400m satellite loss biggest in market history
The destruction of a satellite during launch last week is believed to be the largest insured loss in the history of the space market.
Biba unveils conference speakers for 2013
Martin Wheatley, CEO designate of the Financial Conduct Authority, David Miliband MP, Olympic cycling star Sir Chris Hoy MBE and entrepreneur Hilary Devey will all be speaking at this year’s Biba conference.
Airline Iberia extends agreement with Allianz Global Assistance
Allianz Global Assistance has agreed a new deal with Iberia, the Spanish airline, offering travel insurance in the UK.
Nexus Group appoints Cotton group chief financial officer
Managing agency group Nexus Underwriting Management has appointed Nigel Cotton as group chief financial officer.
Liberty International Underwriters names Halligan as aviation head
Bill Halligan has been appointed as head of aviation at Liberty International Underwriters.
Accident Exchange retrial possible in light of "fresh evidence"
Four test cases that found Accident Exchange had charged Axa excessive hire rates could be retried, the Court of Appeal ruled today.
Hyperion agrees deal to take 55% stake in Hong Kong marine broker FP Group
Hyperion Insurance Group has agreed a deal to take a 55% stake in the Hong Kong-headquartered specialist marine broking firm, FP Group.
Airline Iberia extends its insurance agreement with Allianz Global Assistance
Allianz Global Assistance has struck a new deal with Iberia, the Spanish airline, offering travel insurance in the UK. The agreement sees existing work with Iberia in other countries expanding to open up new opportunities within the UK travel market.
Tesco Underwriting swoops to recruit CUO from Zurich
Tesco Underwriting has named Zurich’s director of personal lines, pricing and underwriting as its new chief underwriting officer.
Hyperion agrees deal to take 55% stake in Hong Kong marine broker FP Group
Hyperion Insurance Group has agreed a deal to take a 55% stake in the Hong Kong-headquartered specialist marine broking firm, FP Group.
Ink appoints Vela founder Scott as commercial director
Ink Insurance has appointed Duncan Scott to serve as its new commercial director.
90% of London market claims processed electronically
The use of electronic claims files in the London company market is much more extensive than previously stated, according to the International Underwriting Association.
Hasting’s products achieve five-star rating
Hastings Direct’s standard and premier motor and bike insurance products and it’s People Choice car and bike insurance have achieved a five star rating from Defaqto for the second consecutive year.
London insurance market's progress with ECF understated, claims IUA
The use of electronic claims files in the London company market is much more extensive than previously stated, according to new analysis by the International Underwriting Association.
GWP up 30% at Rural
Rural Insurance has reported gross written premiums of £27.5m – a year-on-year increase of 30%.
NIG recruits from Travelers for commercial claims head
Commercial insurer NIG has recruited Travelers’ senior claims manager Rob Smart to serve as its new head of commercial claims.
Allianz: increased number of clinical trials raises underwriting issues for insurers
The rising number of clinical trials poses significant challenge for insurers, according to Allianz Global Corporate & Specialty.
MENA Insurance CEO Club appoints new member
Dr Michael Bitzer, CEO of UAE-based National Health Insurance Company – Daman has become the first new member inducted to the MENA Insurance CEO Club in 2013.
Oliva provides product protection via DNA
Lumley Jacobs is to supply forensic coding to protect Oliva Underwriting’s plant and SME customers. The product will be used to protect contractors plant, tools, and SME office equipment.
Covéa deal offers a mobile repair solution
Covéa Insurance has signed up to Auto Restore’s combined national mobile and fixed repair solution to provide its customers with a seamless journey from the point where they register the claim through to a choice of type of repair service, time and…