News
Towergate shuffles senior management
Towergate Partnership has appointed Jonathan Walker as managing director of the retail division and Mike Newman as its new chief information officer in a management shake-up at the firm.
IFB and MIB join forces to tackle fraud
The Insurance Fraud Bureau has entered into an agreement with the Motor Insurers’ Bureau for support services following a consultations between the two boards.
Looming climate change scheme needs attention, warns Allianz
Allianz Engineering is reminding brokers of the imminent introduction of a government backed climate change and energy saving scheme which could affect 20 000 UK businesses.
Junction targets personal lines insurers in drive for new partnerships
Junction is targeting motor and home insurers as part of a drive for new partners in the insurance sector.
Guy Carpenter appoints vice chairman
Guy Carpenter has promoted Victoria Carter to vice chairman of Guy Carpenter International.
US Senate passes health reform bill
Final bill does not allow premiums to be capped as feared by US health insurers leading to stock price rises.
Former Woodstock director returns with personal lines consolidator
Invicta Insurance Services, a new broking service provider, has been launched by Steve Gamage, the former operations manager at Woodstock Insurance Brokers.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
Bermuda Insurance Exchange under discussion
Plans to create a Bermuda Insurance Exchange have been put to Government, Flagstone Re chairman Mark Byrne has revealed at a Reinsurance Magazine event on the island.
Manson relocates in Manchester
Manson Insurance Group moves to new location - Kabel House, 15 Quay Street, in the heart of the Manchester business district.
Garratts agrees €700k warranty deal
Lancashire-based insurance broker Garratts has secured a contract to arrange tyre warranties worth €700 000 in Spain and Portugal.
Garratts agrees €700k warranty deal
Lancashire-based insurance broker Garratts has secured a contract to arrange tyre warranties worth €700 000 in Spain and Portugal.
‘Troubling’ bailouts punish best companies - Chubb
Chubb CEO John Finnegan, said government bailouts punish the best-run companies and impede the functioning of markets.
Allianz sells third of stake in Chinese bank
Allianz has reported a gain of 400m euros of the sale of the third of its shares in Industrial & Commercial Bank of China that it bought in April 2006.
Axis releases $500m of Senior Notes
Net proceeds for the offering to be used for “general corporate purposes.”
Councils to split £5.3m flood fund
A £5.3m award to 49 local authorities to help them tackle surface water flooding has been announced by the environment minister Huw Irranca-Davies.
LSE rule change set to boost flotations
Following a prolonged period of inactivity for initial public offerings as a result of the global recession, Marsh has predicted that early signs of economic recovery and new rules for UK firms listing on the London Stock Exchange will lead to an…
EMB: "motor reserves running out"
Things expected to get worse for motor market according to an EMB report.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Marsh: concerns persist over environmental liabilities
The heightened environmental liabilities created by recent European Union and UK environmental legislation were among the top risk management concerns raised by delegates at this week's Base conference in London, according to Marsh.
Kiln invests in new software system
Kiln has completed a project to extract data from its system to produce Lloyd's performance management data reports more quickly following a deal with insurance software specialist Sequel.
Pexton named as new Omega CEO
Omega has named former chief executive of Heritage Underwriting Agency Richard Pexton as its new CEO. Mr Pexton, who also joins the Omega board, replaces Richard Tolliday (pictured).
Aviva launches media insurance product
Insurance giant Aviva has launched a specialis product offering protection for media firms.