News
JLT affinity specialist joins Heath Lambert
Heath Lambert has appointed former Jardine Lloyd Thompson employee Tina Cant as strategic development director in its recently formed commercial affinity and small business division.
Brit appoints King to new role
Brit Insurance has appointed John King to the newly created role of portfolio director – short tail.
New Cat data service adds new CEO
Perils, the industry-wide European catastrophe insurance data initiative, has appointed former senior Glacier Insurance executive Dr Luzi Hitz as its new chief executive.
Allianz completes loss adjusting review with new panel
Allianz Insurance has appointed Davies Group, RMA and Cunningham Lindsey International to its construction and engineering loss adjuster panel following a review of its arrangements.
Brit brings over senior underwriter from Beazley
As revealed in Reinsurance in late January , Brit has secured the services of former Beazley underwriter John King.
Ex Marsh CEO to head up Lloyd's broker
Specialist broker THB Group has appointed a new chief executive for its London-based Lloyd's broking operation Thompson Heath & Bond Limited.
Brown & Brown Q1 net income drops
Brown & Brown, the US insurance broking giant, said that first quarter net income dropped to $48m from $51.7m in the same period last year.
Trade credit claims rocket by 51%
The Association of British Insurers today said that the number of trade credit insurance claims rose to 8 366 in Q4 2008, up from 5 540 in Q4 2007 – an increase of 51%.
Synergy joins forces with EMR
Synergy Accident Repair Group has announced a new strategic business relationship with EMR Insurance Services.
AMRO calls for MRO Agreement to be considered in personal injury reforms
The Association of Medical Reporting Organisations is calling for MRO Agreement processes to be incorporated into pending Ministry of Justice reforms.
Lloyds TSB Insurance appoints legal partner
Lloyds TSB Insurance has appointed Bevan Brittan to handle its liability claims work, the national law firm has claimed.
Compare the Market launches bike insurance comparison service
Insurance aggregator Compare the Market has launched a new bike insurance comparison service.
Capita disposes of insurance subsidiary
Bristol-based legal services provider Arag has purchased the family and commercial legal expenses business portfolio of before-the-event legal expenses insurance specialist Capita Assistance.
Allianz in $180m Cat bond issue
(BESTWIRE) German insurer Allianz is the latest company to revisit the catastrophe bond market, issuing a $180m Cat bond which was larger than the $150m bond it expected to launch.
Senior Lexington exec moves to Ironshore
Tony Mammolite has been appointed head of Bermudian insurer Ironshore's US Property unit.
Davies appoints new fraud chief
Davies Group has appointed former Cunningham Lindsey employee Peter Taylor as its new head of investigations.
Ascot expands in US
Ascot Underwriting is to grow its US operation with the opening of underwriting offices in Chicago, Illinois and Hartford, Connecticut, subject to regulatory approval.
Hiscox repositions Lloyd's business as part of shake up
Hiscox has reorganised its group structure along geographic lines and strengthened its US management team.
Friends Provident launches protection Selling Techniques Toolkit
Friends Provident has launched a new Selling Techniques Toolkit to provide advisers with online learning that can help them sell protection effectively.
Allianz signs three-year SME deal with broker
Allianz Commercial has secured a three-year deal with insurance broker, RA Cowen & Partners as the principal provider for their SME book of business.
Towergate predicts further growth for 2009 after renegotiating banking facilities
Towergate Partnership has predicted a 13% rise in 2008 income to £315m after renegotiating the terms of its long-term banking facilities.
RBS sells Spanish Direct Line
Spanish bank Bankinter will pay Royal Bank of Scotland €426m (£375m) in cash for the half of the Spanish unit of Direct Line Insurance it does not already own.
Admiral selects software provider
Software provider Sword Ciboodle has secured a deal with Admiral Group to provide its customer relationship management platform.
Swinton to create 250 new roles by end of 2009
Insurance giant Swinton is set to create more than 250 new jobs in its Norwich-based call centre by the end of 2009.