News
Cunningham UK bolsters board
Cunningham Lindsey UK today announced the appointment to the board of David Aiston, director, business development, who joined the company in March last year from Axa, and also of Mark Dobson, director of IT.
Liberty International Underwriters adds Ace senior exec
Liberty International Underwriters, the underwriting branch of US (re)insurance giant Liberty Mutual has appointed François Fournié as its head of technical risk in its Paris office.
IPC CEO Bryce may pocket nearly $8m in Validus deal
James Bryce, the CEO of IPC Holdings, may pocket nearly $8m if he sells the company he helped start to Bermudian rival Validus.
Crawford adds to UK exec
Crawford & Company UK has appointed Mike Woolston, managing director SLS – a Crawford company, to its UK executive committee.
Former Zurich UK boss to retire
Zurich Financial Services has announced that after more than 11 years of dedicated service to Zurich, Patrick O'Sullivan will be retiring effective 30 April 2009.
Heritage opens office in Dubai
Heritage, the captive management company, has opened an office in Dubai, the company said in a statement.
Airmic picks preferred provider
Charles Taylor Adjusting has become a preferred service provider to the Association of Insurance and Risk Managers.
Guy Carpenter grabs three from Aon Benfield
Guy Carpenter, the reinsurance broking arm of Marsh & McLennan, has appointed Wim Raeymaekers as the head of its Benelux office.
LV= extends offer to remove 60 day exclusion on mortgage & lifestyle protection unemployment cover
LV= has extended its offer to remove the initial 60 day unemployment claim exclusion for customers who replace their existing unemployment cover with the provider's Mortgage & Lifestyle Protection cover.
Legal & General launches major new online system
Legal & General has launched an online point-of-sale business system which allows advisers to manage their own cases from start to finish.
220 Direct Choice staff offered redundancy as company plans relocation
More than 200 staff at Direct Choice may be offered redundancy as the company prepares to close two offices as part of its relocation to Kent.
Heath Lambert signs Post Office deal
Fortis Insurance UK in partnership with Heath Lambert has secured a five-year commercial SME deal with Post Office Financial Services.
Fortis Insurance set to change name
THE chief executive officer of Fortis UK has revealed it is "highly probable" that its name will change once its sister banking company is sold.
Watch it now - marketing in a recession
Earlier this week the Post Magazine Insurance Marketing Forum hosted a live and interactive webinar in which Anthony Gould, group editor in chief of Post, talked to marketing expert Quentin Crowe, about using modern techniques - such as twitter and…
Constuction cover cost cuts a 'ticking bomb'
A trend among property developers to cut back on construction cover in order to lower costs is a 'ticking bomb', it has been claimed.
Pembroke allowed to increase capacity by 30%
Lloyd's insurer Pembroke has been given approval to increase its underwriting capacity by 30%, the company said in a statement.
Marsh wins major sports body tender
Marsh has been appointed by UKA, the national governing Body for athletics in the UK, to manage the organisation's insurance and risk programmes, effective from 1 April 2009. Marsh will undertake an extensive review of the organisation's key risks and…
Max Capital CEO insists Max-IPC deal is better for shareholders
(BESTWIRE) - Not only has Max Capital Group Ltd. made the sweetest offer to buy IPC Holdings Ltd., according to Max Capital's top officer, but under the terms of their merger agreement, IPC isn't allowed to even speak to any would-be suitors - including…
Insurance group seeks delisting
Culver Holdings sahre price fell 42.57% (74.50 pence) to 100.50 pence this morning on news it was looking to cancel its listing on the London Stock Exchange.
European Parliament gives industry boost with discrimination directive
The European Parliament's report on the Equal Treatment Directive published yesterday has been described as "a major step" towards ensuring that UK insurers remain able to use age in assessing risk. The report sets out that the use of age and disability…
Fortis releases UK results
Fortis has reported £2.8m in new premiums for the first year of its life business.
Animal Act consultation could stall premium increases
A proposed change to the law on the liability of owners for damage caused by their animals may halt the rise in public liability insurance premiums.
AIG: A personal view from the inside
Reinsurance reporter Alexander Ferguson talked to a senior executive at AIG, who declined to be named, to get their personal view of what life has really been like in the eye of the storm.
Layton Blackham rebrands
Commercial broker network Layton Blackham Business Solutions is rebranding under the Bluefin brand as Broker Partnership Services on 6 April.