News
Taylor Patterson branch out with Oak Underwriting
PRESTON-based insurance broker Taylor Patterson Insurance Services (TPIS) has launched a nsurance policy for clients for homes with a rebuild value in excess of £250,000.
Pick of the week
Anthony Gould, editor in chief of Post, provides a run down of the major news in the sector this week including: Chubb fraudster given 32 months for theft; United Nations report urges insurers to aid poor; Kerry London takes a major wicket; Lawyers…
Partner Re buys non-French renewal rights of MCR
Partner Re has announced that it has signed a definitive agreement with the French Monceau Group effective July 1, 2007 to buy renewal rights for the international reinsurance business of Mutuelle Centrale de Reassurance (MCR), the reinsurance subsidiary…
Marsh COO in as Dixon quits as HSBC broker boss
HSBC Insurance Brokers has announced the appointment of Philip Gregory as chief executive officer.
Junction backs England rugby star Greenwood's testimonial year
Affinity provider Junction has announced its corporate support to the Testimonial Year of Rugby World Cup winner Will Greenwood.
XL expands D&O offering
XL Insurance today announced that its UK based professional lines unit has enhanced its existing directors and officers insurance policy.
XL Insurance launches enhanced broad form D&O policy for UK market
XL Insurance has revealed that its UK-based professional lines unit has enhanced its existing directors and officers (D&O) insurance policy.
Watson Wyatt enters acquisition talks
Consultant Watson Wyatt Worldwide plans to acquire German actuarial, benefits and HR consultants Heissmann. The acquisition would include the German company's subsidiaries in Ireland, the Netherlands, France and Austria.
FSA issues Goodwill Q&A
The Financial Services Authority (FSA) has published a Goodwill FAQ list on its website in an effort to clear the muddied waters surrounding the issue.
FSA tells small firms they are on the regulatory radar
The Financial Services Authority (FSA) has dismissed the 'folklore' that small firms are under the regulatory radar.
Marsh follows RSA lead with renewable energy strategy
Marsh has established a renewable energy team and named Susan Stokes and Tom Sexton as its co-leaders. This news follows insurer Royal and Sun Alliance's announcement last month that it was planning a major expansion of its renewable energy division.
Biba launch broker guides to PI policy wordings
The British Insurance Brokers’ Association (Biba) has launched two guides for its members – an Introductory Guide and a Comprehensive Guide to Professional Indemnity (PI) Policy Wordings.
Biba launch professional indemnity claims and notification advisory service for members
The British Insurance Brokers’ Association (Biba), as part of its Professional Indemnity Insurance Initiative has launched a Claims and Notification Advisory Service in conjunction with two of its advisers Flaxman Partners and Hugh James solicitors.
Biba Launches Insurer Financial Strength Ratings Service for Members
The British Insurance Brokers’ Association (Biba) has launched an Insurer Financial Strength Ratings service for members that will help them tell, in real time, what rating the insurance companies they are using have achieved.
Biba and S&P launch insurer ratings service for members
The British Insurance Brokers’ Association has launched an Insurer Financial Strength Ratings service for members that will help them tell what rating the insurance companies they are using have achieved.
Aegis London promotes underwriters to fill lead roles
Aegis London has appointed David Croom-Johnson as active underwriter of Syndicate 1225. Mr Croom-Johnson will be supported by John Chambers who has been appointed deputy underwriter. The appointments are subject to Lloyd's approval.
Ironshore launches into D&O market
Ironshore is entering the professional liability sector with the launch of IronPro, under the direction of industry veteran Greg Flood as president. IronPro, based in New York, will initially focus on directors & officers liability insurance, with…
Homeserve shares fall 8.3% on D&G acquisition news
Homeserve's share price fell sharply in late trading today, after analysts poured cold water on its planned bid for insurer Domestic and General.
Younger generation take risks with cheap insurance products
The British Insurance Brokers’ Association (Biba) has published new research into consumers’ insurance purchasing habits, revealing a worrying trend amongst young people buying insurance.
Talbot's deputy head underwriter Redhead leaves for Bermudian property cat startup
Talbot has seen its first significant departure following the Lloyd's insurer's acquisition by Validus last week. In an announcement today, The D.E. Shaw group said Darren Redhead will be joining as the chief underwriting officer of D.E. Shaw Re Bermuda,…
Ryan Insurance wins product marketing award
Ryan Insurance Group has won the New Product or Service of the Year Award at this year’s Marketing Excellence Awards. The awards were organised by the Norfolk and Suffolk Chartered Institute of Marketing, in association with Archant.
PWS makes senior appointments
Broker PWS has appointed Colin Campbell as non-executive Chairman of PWS International and Tracey Hopkins has joined from Tyser & Co to become HR Director for the PWS Group.
Dual launches two new products in the Evolution Series
Dual Corporate Risks has announced the addition of two insurance products to its Dual Evolution series: Crime and Pension Trustee.
Dual Corporate Risks launches two new products in the DUAL Evolution Series
DUAL Corporate Risks has today announced the addition of two insurance products to its DUAL Evolution series: Crime and Pension Trustee.