News
New call centre for insurance supplier
TG21, the parent company of TOAD has just completed a £1/2 million upgrade of its London call centre. The new one hundred-seat facility was needed due to the continued expansion of the business.
JLT to expand into China’s insurance market
Jardine Lloyd Thompson today has commenced operations as an insurance and reinsurance broker across China through its new majority owned joint venture with Guangdong Ricsson Enterprises.
Converium poaches new CFO from GEIS
Converium has appointed Paolo De Martin as its new chief financial officer (CFO) and has annnounced that current interim CFO, Andreas Zdrenyk, will assume the new role of chief operating officer (COO).
Budget acquires Hara Hill Wason
Budget, the UK’s third largest personal lines insurance intermediary, has acquired Hara Hill Wason the Scottish based insurance broker. The acquisition adds six new high-street outlets to Budget’s growing retail arm.
Chanchu pounds coast of South China
Southern China is clearing up after typhoon Chanchu swept along the coast.
Forbes thrashes Marsh in Lloyd's football shield
Alexander Forbes has comprehensively beat rival broker Marsh 5-1 to win the Lloyd’s Community football Shield, in a match at the Valley, Charlton Athletic FC.
Scottish Re appoints new international CEO
Scottish Re has announced that it has appointed David Howell as CEO of its international life reinsurance business. Mr. Howell has served as Deputy CEO of the unit since November 2005.
Zimmermann takes on Asia Pacific role at CMGL
CMGL has appointed Urs Zimmermann as CEO of its Asia Pacific operations. Mr Zimmermann, who is based in CMGL’s Asia Pacific headquarters in Sydney, took up his post on 1st May 2006.
RMS hurricane model recertified for Florida
Risk Management Solutions (RMS) has announced that the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has re-certified the RMS Hurricane model for use in establishing residential insurance rates in the state of Florida.
SVB rebrands as Novae
Shares in Novae Group plc began trading on the London Stock Exchange today, after the High Court yesterday sanctioned the SVB Group’s Scheme of Arrangement and the creation of a new holding company. The Group and its subsidiary companies have adopted a…
The insurance apprentices
Next generation
Appointment at Chaucer
Chaucer has made Kim Barber and Jonathon Perkins directors. Mr Barber, who joined the company in 199...
Deputy editor named General Insurance Writer of the Year
Post Magazine deputy editor Lynn Rouse was named General Insurance Writer of the Year (Trade) at the...
Saga extends outsourcing contract with WNS Assistance
Saga has extended an outsourcing contract with motor insurance claims management specialist WNS Assi...
MPs still not convinced by reform plans
Debate on the insurance industry's plans for compensation reform rumbled on this week in parliament,...
Appointment at Integro
Vincent Caracciolo, previously senior vice-president for Liberty International Underwriters' special...
AIG's 2006 net income down
AIG's net income for the first three months of 2006 reduced to $3.2bn (2001 Q1: £1.7bn), down on the...
Penny Black's insurance week
The sun is out, and it appears the rumour mill is churning out stories as half-baked as the sunbathe...
Aon's trade credit insurance division forms specific teams
Aon's trade credit insurance division has formed 11 sector specific teams to mirror its clients' ind...
Hill Dickinson makes 15 firmwide promotions
Hill Dickinson has made 15 firmwide promotions, increasing its total partner figures from 116 to 125...
Brokers' pen-pushing worry
More than 80% of brokers may be acting illegally because they are ignorant of complex employment law...
Alexander Forbes marine department to sponsor yacht race
Alexander Forbes' marine department has become a sponsor of the Global Challenge 2008/2009, the roun...
What the papers said this week
The Scotsman Thieves steal a mobile phone every 12 seconds in the UK, according to insurance compan...
Appointment at Wilson Elser
John Wasty has joined Wilson Elser as a senior associate, where he will be leading the development o...