News
Appointment at Davis Group
Laura Foster has been promoted by Davis Group from her position as new business consultant to key ac...
Insurers and brokers avoid claims regulation
Insurers and intermediaries that handle third-party claims will not be regulated by the new claims w...
Bank giant in broker win
Halifax Bank of Scotland General Insurance has joined AA Insurance's household panel, signalling its...
Appointment at Aon
Clive James has been appointed group managing director of Aon Insurance Managers Global. Previously ...
Jardine Lloyd Thompson in £53.2m Alliant deal
Jardine Lloyd Thompson confirmed the sale of its US-based business to Alliant Insurance Services thi...
Appointment at BMS
Tony Provenzale and Traci Prochaska have joined BMS Vision Reinsurance Intermediaries. Mr Provenzale...
XL gets approval for Dublin reinsurance move
Bermudian (re)insurer XL Capital has received approval for XL Re Europe, its new Dublin-based European reinsurance platform.
Equity buys Ulster broker
Equity Insurance Group has acquired County Armagh broker Dawson Whyte (Lurgan).
Premium Credit hires trio
Premium Credit has made three new appointments to strengthen its nationwide sales management across the UK and Ireland.
Keelan Westall preferred broker for Edinburgh House Estates
Broker Keelan Westall has been made the sole supplier of property insurance to Edinburgh House Estates, across its UK property portfolio.
Converium deal gets attention of rating agencies
The main ratings agencies have weighed in with comments following Converium’s announcement that it has signed a definitive agreement to sell its North American operations to National Indemnity Company, a Berkshire Hathaway company, for $295m.
Outsourcing 25 October: Datamonitor MD to give keynote speech
Martha Bennett, new managing director of Datamonitor will provide the key note speech as Post's Outsourcing conference next week, Wednesday 25 October. E-mail emilie.martin@incisivemedia.com to reserve your place.
Small companies offered regulatory olive branch
Trade and Industry Minister Jim Fitzpatrick has laid regulations that could save small financial services companies some £15.25m a year in total.
JLT completes £53m US sale
Further to the announcement made on 8th September 2006, Jardine Lloyd Thompson has confirmed the sale of its US based Property and Casualty Insurance and Employee Benefits businesses to Alliant Insurance Services was completed after the close of business…
Pleural plaques appeal hearing announced
An appeal to the Law Lords to reinstate compensation for sufferers of asbestos related condition pleural plaques has been set for summer 2007.
Converium in clean break from US with $295m Berkshire deal
Zurich-based reinsurer Converium has signed a definitive agreement to sell its North American operations to Berkshire Hathaway subsidiary, National Indemnity, for $295m, comprising $95m in cash and $200m in assumption of debt.
New reinsurance buyer at XL Insurance
David Duclos, chief operating officer for XL Capital’s ("XL") global insurance operations ("XL Insurance"), has announced the appointment of Robert Andrews as head of its global ceded reinsurance operations.
RSA calls EGM to thrash out US sale
Further to the announcement made on 28 September 2006, Royal and Sun Alliance said today a circular relating to the disposal of its US Operation has today been posted to shareholders.
Freight forwarding firms given regulatory reprieve
The Economic Secretary to the Treasury, Ed Balls, today announced that freight forwarders will be removed from the scope of Financial Services Authority insurance regulation, in a move that will decrease regulation on the industry and help promote its…
Report predicts industrialisation of insurance industry
Large European insurance companies are widely embracing industrial operating models in order to cut costs and improve customer service, according to an Accenture survey of senior executives at 30 of the top 100 insurers in Europe.
Pinnacle exec moves to Sterling
Sterling Insurance has appointed Phil Carr as senior development manager.
Groupama promotes Harris
Groupama Insurances promoted Lynn Harris to the role of head of customer proposition. Ms Harris moves up from her previous position as proposition development manager. She will continue to be based at Groupama’s City head office and will report to…
ABI guidance will improve online and telephone protection insurance applications
The Association of British Insurers (ABI) is taking further steps to help customers of life, critical illness and income protection insurance by putting forward proposals for consultation on new guidance to make applications over the telephone and…
FSA speech - In search of efficient, orderly and fair markets
In a recent speech to the Insurance Institute of London, John Tiner, chief executive, Financial Services Authourity (FSA), recognised the efforts of the market to raise standards, which in turn will help to ensure that London will remain the platform of…