News
Risk Stop raids Aviva for risk management trio to launch SME venture
Risk control services provider Risk Stop has swooped for a trio of former Aviva Risk Management Solutions consultants ahead of launching a new venture offering health, safety and environmental consultancy services direct to UK SMEs.
Penny Black's Insurance Week
While Penny enjoyed snuggling down in front of the fire with a bottle of sherry and a big box of champagne truffles to watch Downton Abbey this Christmas, she was less obsessive about festive film viewing than the Towergate office, where one member of…
Keycare secures deal with van insurer Gladiator
Specialist key insurer Keycare has secured a deal with van insurer Gladiator which will see policyholders offered its key service as an additional extra.
Biba names Lord Hunt as chairman
Lord David Hunt of Wirral has been named as the new chairman of the British Insurance Brokers’ Association, replacing Andy Homer.
SRA in the dark on solicitor closures after 'non-cooperation'
Efforts to determine the number of solicitors that must close after being unable to obtain professional indemnity cover have been hampered by "an extreme lack of cooperation", according to the Solicitors Regulation Authority.
Brokerbility wraps up Fehnert acquisition
Brokerbility has confirmed a deal to acquire East Midlands broker Fehnert, as well as recruiting a new member to its broker group in the South West.
BLM launches PI and fraud offerings in Dublin office
Law firm Berrymans Lace Mawer’s Dublin office is to launch professional indemnity and fraud offerings which will be led by two new appointees.
Lonmar picks Q360 casualty boss for P&C MD role
Lloyd’s broker Lonmar Global Risks has recruited Q360’s head of casualty to helm a combined P&C division.
Swinton acquires Harrogate insurer's GI book
Swinton has acquired the general insurance book of Harrogate-based insurer Harrington Bates while announcing it expects another acquisition deal to be completed this month.
Dubai expats warned of mandatory health insurance implications
Expatriates in Dubai have been urged to ensure they have the correct level of health insurance in place following a ruling by the Dubai healthcare authority.
Modena becomes Markel analyst after nine years at Euler Hermes
Markel International has appointed former Euler Hermes UK senior risk underwriter Maren Modena as senior risk analyst in its trade credit division.
Carnahan to head Cunningham Lindsey's executive loss adjusting unit
Cunningham Lindsey has promoted Jon Carnahan to senior vice president and head of its international executive loss adjusting division.
Biba hires pair of area managers as regional focus is reinforced
The British Insurance Brokers’ Association has reiterated its commitment to regions across the UK with the appointment of two area managers as the regional faces of the association.
Floods minister prioritising storm response alongside insurers
Environment Secretary Owen Paterson has described flood management as “a real priority” as government continues to work closely with local councils and the insurance industry to ensure residents and business owners get the help they need following the…
Catlin Bermuda opens Singapore branch
Catlin Group has formed a Singapore branch of Catlin Insurance of Bermuda. Catlin Insurance Company writes specialty lines of direct insurance in Singapore and reinsurance throughout the Asia-Pacific region.
Hong Kong partner moves to law firm in Bangkok
Former Deacons Hong Kong partner Michael Turnbull has joined Tilleke & Gibbins as senior counsel in the insurance group at the firm's Bangkok office.
Metlife appoints Yong as Hong Kong CEO
Metlife has appointed Lennard Yong as Hong Kong CEO. Yong will report to Dr Nirmala Menon, senior vice president & head of designated markets and health, Asia, Metlife.
RSA shares up 6% at close after investigation reports
RSA’s share price has climbed 5.75% over the course of Monday’s trading following reports this weekend that a PWC investigation will conclude issues in its Irish business remain isolated.
Axa retains top spot in AM Best insurer rankings
French insurer Axa has held on to the top spot in the AM Best ranking of largest insurers by net premiums written, with Allianz climbing into third place.
Moody’s predicts strong growth for Asian P&C market in 2014
Ratings agency Moody’s is predicting strong growth in the Asian property and casualty insurance sector for 2014 with moderate growth forecast for the European region.
FCA planning Co-op Bank probe
The Co-operative Bank is facing a Financial Conduct Authority, the regulator revealed today.
Canopius to provide Arista with motor capacity
Commercial lines underwriting specialist Arista Insurance has reached an agreement with Canopius that will see the latter provide Arista’s motor capacity.
Tysers appoints Nemeth as marine director
Independent Lloyd’s broker Tysers & Co has appointed Richard Nemeth as a director of Tysers’ marine division.
ECIC targeting self-build homes with Sennocke deal
Niche insurer Electrical Contractors Insurance Company has prepared for a forecast spike in numbers of self-build and custom build homes in the UK with a deal to underwrite Sennocke’s specialist self-build site insurance product.