News
Tokio Marine hires ex-RSA construction underwriter
Tokio Marine Europe has appointed David Wainwright to lead a new construction practice for the company in the UK.
Flood forces Essex residents out of homes
Around 30 homes were evacuated in Essex after water started gushing from a drain this morning.
FSA boss: Insurers and brokers face 'twin peak' regulatory model from April
The Financial Services Authority will reach a "major milestone" in the regulatory reform programme on 2 April 2012, namely the introduction of a ‘twin peaks’ model operating within the FSA.
Amlin reports renewal rates up 4% in 2012
Amlin has written total income to date of £746.4m in 2012, net of brokerage - a 19.2% increase on the prior year.
Hodges reunites with former Aviva colleague Egan as Patrick quits Towergate
Towergate Insurance has appointed Scott Egan as group finance director.
Nat-cat losses cause mining capacity withdrawal
The capacity available to mining property damage & business interruption insurance programmes has reduced by 30% in the last year, according to a report by broker Willis Group.
Torus recruits XL underwriting manager
Specialty insurer, Torus, has appointed former XL property underwriting manager Gilles Rousseau as a senior underwriter for its general property division.
Cunningham Lindsey appoints construction director in Hong Kong
Alan McConkey has been appointed construction and technical director in Cunningham Lindsey's Hong Kong office.
Duke Street snaps up 'significant stake' in Parabis
Duke Street bosses have credited an “opportunity to invest in a fast growing, dynamic and fragmented sector” as reason behind its purchase of a “significant stake” in legal and claims management firm Parabis Group.
NIG appoints ex-Axa regional boss to round off recruitment drive
NIG has concluded its nationwide area business development manager recruitment drive with the capture of former Axa regional director Warren Bainbridge.
H&L awarded chartered insurance broker status
Home & Legacy has been awarded ‘chartered insurance broker’ status by the Chartered Insurance Institute.
Greening’s proposals put the ‘cart before the horse’
John Spencer has reacted following comments made over the weekend about the personal injury system by Transport Secretary Justine Greening.
Energy business warned to learn from past losses
Energy businesses need to learn from past major loss events in order to reduce the risk of significant property damage losses, broker Marsh has warned.
Broker Network and Countywide name five new managers in sales push
Broker Network and Countrywide have announced a sales division recruitment drive following the appointments of five new sales managers.
JLT warns gas pipeline increases risks in Azerbaijan
The development of Trans-Anatolian gas pipeline in Azerbaijan could lead to an escalation of tension according to a report by JLT.
Brit appoints hull specialist from QBE
Brit Insurance has appointed industry specialist Bob Clarkson to be its senior marine hull underwriter, working closely with Simon Stonehouse, Anthony Forsyth and John Higham.
LAS moves into validation market
LAS Claims Management has signalled its move into the validation market with the launch of a new stand-alone operating division, Claritas.
LV Broker confirms tech tie-up with Acturis
LV Broker has confirmed a technology tie-up with Acturis which has been billed as enabling brokers to share risk data, access real-time quotes, share client documents and refer complex cases at the touch of a button.
UK General and Pacifica launch end-to-end warranty company
UK General has launched an end-to-end warranty business for the UK's affinity market.
Insolvent insurers not a systemic risk
An insolvent global insurer would not pose systemic risk to the global financial system, according to the latest report by insurance think tank, The Geneva Association.
Williams in Towergate u-turn as firm appoints two underwriting managers
Towergate bosses have welcomed back Alyson Williams who returns to her former position of household development director, just four months after departing for the Gallagher Group.
Oil companies need to embrace risk management
Global oil companies have inconsistent and insufficient risk strategies arising from their approach to governance and controls, according to a report released at Marsh’s oil company's conference in Dubai.
Liberty Mutual names three for claims
Liberty Mutual Insurance Europe has boosted its claims operations with three senior appointments in London, The Hague and Madrid.
Liberty Mutual Europe appoints senior claims figures
Liberty Mutual Insurance Europe has made three senior appointments to its claims operations as part of its quest to provide claims service on a local basis.