News
Quinn welcomes regulator's decision
Quinn Insurance has welcomed the Financial Regulator's decision to allow it to begin offering private motor insurance cover for provisional licence holders in the UK.
Willis names new director at first Irish AGM
Willis has appointed Michael Somers as a director of the company and member of the risk committee of the board of directors.
Ex Direct Line employee jailed for £1.1m fraud
A former Direct Line employee has been jailed for six years for a £1m money-laundering scheme.
Willis names new director at first Irish AGM
Willis has appointed Michael Somers as a director of the company and member of the risk committee of the board of directors.
Inter Resolve plots path after £30m VC backing
Personal injury claims specialist Inter Resolve is poised to grow after receiving a multi-million pound investment from venture capital firm Balderton Capital.
Willis extends Coverpoint technology deal to PI and D&O
Willis has extended its 'pay as you go' agreement for the placement and distribution of low value, high volume business with technology partner Coverpoint.
Angel purchase to give Catlin SME boost
Catlin has signalled its intent to increase its regional small to medium-sized enterprise footprint following the acquisition of Colchester-based managing general agent Angel Underwriting.
Honda picks Equity Direct
Honda UK has appointed Equity Direct Broking to handle its car and motorcycle insurance schemes.
Fitch rates Groupama as an 'A'
Fitch Ratings has today assigned Groupama and four of its core insurance subsidiaries Insurer financial strength ratings of 'A'.
Regulator gives Quinn green light for partial UK underwriting return
The Financial Regulator has today modified the direction issued to Quinn Insurance to permit the company to write motor insurance cover for provisional driver licence holders in the United Kingdom (including Northern Ireland).
Fitch rates Groupama as an 'A'
Fitch Ratings has today assigned Groupama and four of its core insurance subsidiaries Insurer financial strength ratings of 'A'.
Markel raids Ace to launch trade credit division
Property and casualty insurer has launched a new trade credit division, following the appointment of Ewa Rose in January 2010.
Regulator gives Quinn green light for partial UK underwriting return
The Financial Regulator has today modified the direction issued to Quinn Insurance to permit the company to write motor insurance cover for provisional driver licence holders in the United Kingdom (including Northern Ireland).
Post in print - 22 April
Post reporter Dan Dunkley provides a quick overview of this week's major news including: Towergate brings in IPO experts, Capita insurance chief quits, Lib Dem's in mutual manifesto, Quinn faces UK underwriting decision and insurers assess volcano…
Quinn employees applying pressure for reopening of UK business
In a statement sent out on behalf of Quinn employees, it said it has been having ongoing discussions with various bodies and politicians and is still determined to keep the pressure on for the re-opening of UK business.
Business interruption policies need 21st century update: Aon
Stephen Cross, chief executive officer of Aon Global Risk Consulting, has released a statement on the business and insurance implications of the ash cloud that has been causing difficulties across much of Europe:
Marsh offers risk and insurance advice for affected organisations following the volcanic ash
Marsh is issuing business continuity, supply chain and insurance advice to organisations affected by continued air traffic disruption following the eruption of the Eyjafjallajökull volcano in Iceland and subsequent ash cloud covering European airspace.
QBE appoints global head of distribution
QBE has announced the appointment of Terry Ibbotson as global head of distribution. The position will report to the QBE group chief executive officer.
Quinn Insurance given £5.5m in UK government grants
Quinn Insurance has received £5.5m in government support in Northern Ireland alone, according to the latest reports.
Ex Swiss Re ILS head joins Willis for capital markets push
Willis has appointed Bill Dubinsky as managing director and head of insurance-linked securities for its Willis Capital Markets & Advisory arm.
Broker's technology unit boosted with win
CBG Group – the insurance broker and financial services intermediary – has added photography specialist, sUAVe UAV Enterprises, to its portfolio.
Quinn Insurance given £5.5m in UK government grants
Quinn Insurance has received £5.5m in government support in Northern Ireland alone, according to the latest reports.
Coface to get French state fund aid for partial IPO
The French state is likely to lend a helping hand to investment bank Natixis in selling its credit insurance unit according to newswire Reuters.
FM Global to issue largest ever membership credit to clients
Clients of industrial and commercial property insurer FM Global will collectively receive an estimated US$420m premium reduction when they renew their policies between 30 June 2010 and 29 June 29 2011.