Brit Insurance
Brit UK regional sold to QBE
Australian insurer QBE's European operations has bought Brit UK's regional operations with 130 staff transferring.
Egan set to undertake Towergate CFO role from next week
Recently appointed Towergate chief financial officer Scott Egan will begin work at the broker on April 12 before becoming a member of the firm’s partnership board and executive committee.
Argo hires ex-Brit underwriter for marine and speciality division
Lloyd's insurer Argo International has appointed Paul Gooderson as cargo underwriter in its marine and speciality division.
European sovereign debt hits insurer profits
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Market moves: UK General and Towergate lead the pack
Insurer UK General and broker Towergate were the main movers and shakers this week, appointing a new chief operating officer and director of group mergers and acquisitions respectively.
Ink Insurance appoints Whitelock to manage Bristol office
Ink Insurance has today revealed the opening of a Bristol office which will be headed up by former Brit boss Janice Whitelock.
Towergate boosts merger management with Saulter appointment
Towergate Insurance has upped the ante on takeovers by bringing in Towergate Financial chief executive Dan Saulter, pictured, as group mergers and acquisitions director.
Groupama and Brit hit snags as they try to shortlist potential buyers
Industry big-hitters linked to Direct Line Group chairman role
Insurers to pay for Accident Exchange retrials
Major insurers that do not reach a settlement with Accident Exchange could end up paying millions of pounds in legal costs.
Brit 'schtum' on UK sale as profits and GWP drop in 2011
Brit Insurance has reported a profit before tax of £75.8m in 2011 (2010: £116.4m) on gross written premiums of £1.5bn (2010: £1.53bn).
Interview: Opportunity knocks for Capita's Brent Escott
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
Credit hire: Groupama and MMA "close" to agreeing deal with Accident Exchange
Credit hire firm Accident Exchange is said to be "close" to reaching a compromise agreement with Groupama, Provident and MMA Insurance which used Autofocus to demonstrate that Accident Exchange's rates were too high.
Methodology: Post Intelligence Benchmarking Finpro
One hundred and fifty-seven commercial brokers completed an online questionnaire addressing the service they got from their financial and professional lines insurers.
Career file - Scott Egan: Towergate swoops in for Brit CFO as Patrick exits
Scott Egan will leave his role at Brit Insurance Holdings to join Towergate as group finance director, subject to FSA approval. Egan has been group chief financial officer at Brit since 2011.
Post Intelligence Benchmarking Financial and Professional Lines: Positive experience
The Insurance 360 Financial and Professional Lines report found standards to be high.
Autofocus Legal Action: Rival CHOs line up to take on insurers as Autofocus employees face prison
Long-running legal battle could bring the credit hire industry and the insurance industry closer together
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised
Market moves: All change in the boardroom
Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively…
Hodges reunites with former Aviva colleague Egan as Patrick quits Towergate
Towergate Insurance has appointed Scott Egan as group finance director.
Brit appoints hull specialist from QBE
Brit Insurance has appointed industry specialist Bob Clarkson to be its senior marine hull underwriter, working closely with Simon Stonehouse, Anthony Forsyth and John Higham.
Brit expands hull team at Lloyd’s
Brit Insurance’s Lloyd’s syndicate has boosted its marine hull team with the appointment of Bob Clarkson as senior marine hull underwriter.
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Towergate continues to streamline insurer panels with Allianz and Brit deal
Allianz Insurance is poised to reap more than £40m of SME business in the next three years after regaining the lead position on the Towergate Commercial Underwriting panel.
Editor's comment: Slim pickings at Groupama
It didn’t take long for some insurers to begin sharpening their knives and forks, and start planning how they can prey on the perceived wounded animal that is Groupama UK.