News
Towergate appoints group HR director
Towergate Insurance has appointed Lucinda Charles-Jones as group HR director with effect from 24 October 2011.
RFIB CEO leaves to "pursue other challenges"
RFIB CEO Marshall King has left the Lloyd’s broker “to pursue other challenges”.
ALC Health launches underwriting partnership with Axa
Medical insurance provider ALC Health has announced that it will be transferring its underwriting capacity to Axa PPP International from 1 December 2012.
LV snaps up ex-Chartis boss
LV has appointed former Chartis boss Kevin Wildman as branch manager for its Exeter office.
Lord Turner calls for greater FCA powers
Financial Services Authority chairman Lord Turner yesterday urged politicians to give the Financial Conduct Authority the powers to prevent the customer from being “ripped off”.
RFIB's King eyes 'new challenge' following departure
Outgoing RFIB chief executive Marshall King has vowed to “pursue another challenge” after handing over the reins to current chief financial officer Jonathan Turnbull.
McManus departs Willis
Brendan McManus, the CEO of Willis Limited, who until recently had served as CEO of Willis United Kingdom & Ireland is to leave the broker.
Ace backs broker workshop
Ace is to sponsor a free educational workshop aimed at helping brokers fill gaps in their knowledge about directors’ and officers’ liabilities products.
Towergate losses hit £21.3m
A second quarter report from Towergate has revealed the broker lost £21.3m in the first half of the year, up from £13.7m in the same period of last year.
Brit adopts "one broker, one quote" approach
Brit Insurance is to enter into exclusive relationships with its partner brokers to avoid “mimicking competitors” on price.
ALC Health announces Axa underwriting deal
Medical insurance provider ALC Health has announced that as of 1 December it will be transferring its underwriting capacity to Axa PPP International.
Carpet company boss found guilty of arson and insurance fraud
The boss of a large carpet warehouse company, has been sentenced to five and a half years in prison after being found guilty of arson and fraud after a fire broke out at his Knowsley-based depot in 2009.
Post Blog: The art of networking
Face-to-face networking at industry events is one of the best ways to establish relationships from which business may well flow, particularly in the insurance world.
S&P lowers ratings for Mapfre and core subsidiaries
Spanish insurer Mapfre has had its insurer financial strength and long-term counterparty credit rating downgraded to 'AA-' from 'AA' by Standard and Poor’s following its sovereign downgrade of Spain last week.
Zurich appoints new CUO
Zurich has appointed Nick Major as chief underwriting officer for its global corporate in the UK business area, effective immediately.
Vienna Insurance Group completes Jahorina acquisition
The Vienna Insurance Group is the new majority shareholder in Jahorina Osiguranje AD Pale insurance company.
McManus departs Willis
Brendan McManus has left his role as chief executive of Willis UK & Ireland.
New name for Quinn Insurance
Quinn Insurance will trade under the name Liberty Direct from 7 November according to The Anglo-Celt.
Canopius confirms Omega offer withdrawal
Canopius has confirmed it is withdrawing its offer to acquire all of the issued and to be issued share capital of Omega.
New name for Quinn Insurance
Quinn Insurance will trade under the name Liberty Direct from 7 November according to The Anglo-Celt.
Insurer liabilities grow under larger compensation payments ruling
Personal lines motor insurers will be forced to pay larger compensation payments to bodily injury claimants over longer periods of time due to the growing popularity of a 2003 legal ruling.
RSA recruits More Than man to head up e-business
RSA has appointed Ian Hood as group e-business director, with immediate effect.
Aon Benfield proposes optimisation strategy for Solvency II
Aon Benfield claims to have developed an optimisation process for setting a consistent strategy across asset and liability risks which will support insurers to better manage their risk and capital under Solvency II.
Towers Watson appoints senior broker for continental Europe
Towers Watson has appointed Nicolas Moinier as a senior broker in its reinsurance business with the aim of strengthening its presence in the European reinsurance brokerage market.