Hyperion Group
Market moves: CEO change at Willis takes the headlines
Recruitment news this week was dominated by the appointment of a new group chief executive at Willis, after long-serving CEO Joe Plumeri announced that he is standing down early in 2013 after 12 years, and the appointment of a new broking CEO at Hastings…
BP Marsh eyes insurance opportunities
Venture capital provider and Hyperion investor BP Marsh has reported profit after tax of £2.2m, representing an increase from £2.0m for the six months to 31 July 2011.
Hyperion appoints Lord Forsyth as non-executive director
Insurance group Hyperion has appointed former government minister and JP Morgan deputy chairman Lord Forsyth as a non-executive director.
Gregory becomes latest high-profile addition to CFC board following MBO
Newly independent CFC Underwriting has bolstered its board with another industry heavyweight in the form of former HSBC Insurance Brokers chief executive Philip Gregory.
Direct Line float will test the waters for IPO sentiment
A Direct Line Group initial public offering will be one of the UK's biggest ever general insurance listings, including Admiral's flotation in 2004, according to market experts.
Editor's comment: Wedding bells are ringing
Direct Line Group's confirmation on Friday of the intentions to make an honest woman of itself, by declaring its intention to formally proceed with an IPO suitor, has certainly injected a little feverish anticipation into the UK insurance market.
Dual to rebrand Americas business
HSU and VKU are to come under the Dual brand from 1 October to better reflect the size of its international operations.
Hyperion boosts BP Marsh cash position
The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.
Hyperion boosts BP Marsh cash position
The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.
Hyperion talk turns to integration as Windsor deal is given regulatory approval
Hyperion has pushed through the acquisition of Lloyd’s broker Windsor after receiving regulatory approval.
3i reaffirms Hyperion commitment amid rumours of cut-backs
Hyperion private equity backer 3i has brushed aside suggestions that it may abandon the international insurance intermediary group, following rumours of cost-cutting at the firm.
CFC boss targets UK focus and management liability push
CFC Underwriting will look to "break out of its comfort zone" and concentrate on becoming a full service provider with a renewed focus on bolstering its management liability offering.
Interview: Damien Coates - the wizard of Oz
Charged with realising Hyperion's ambitions on the underwriting side, Damien Coates is a whirlwind of energy, keen to replicate his success around the world - although he may regret a marathon pact he made with marketing manager Marion May.
Post magazine - 14 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
CFC launches excess underwriting capability
CFC underwriting director Andrew Holmes, pictured, described his firm's decision to launch an excess underwriting capability as a "natural extension of our overall proposition".
Hyperion sets sights on US consolidators after £95m buy
Hyperion chief executive David Howden has vowed to make a swift return to the acquisition trail following its £95m takeover of Lloyd's broker Windsor last Friday - the group's largest deal to date - thus creating a "credible alternative" to the new wave…
Post magazine - 7 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Hyperion IPO to reach 'critical mass'
Hyperion's acquisition of Windsor will boost the international broker's chances of a successful IPO, analysts have said.
Hyperion completes Windsor takeover deal
International insurance intermediary group Hyperion has confirmed it will acquire Lloyd's broker Windsor from the management and employees and their institutional backer Hutton Collins.
Hyperion IPO likely in late 2013, BP Marsh boss says
The chairman of venture capitalist BP Marsh, which has a 19.4% stake in Hyperion, said it is unlikely the insurance business will float until after Q2 2013 and warned the firm to wait until economic conditions improve.
BP Marsh net asset value exceeds £50m for first time
BP Marsh's chairman has described the venture capitalist firm's largest investment, Hyperion, as "forging ahead with enviable momentum".
Hyperion valued at £165m as BP Marsh sells a stake to Murofo
BP Marsh & Partners announced this morning that its wholly-owned subsidiary, BP Marsh & Company, has sold 1 193 500 shares (2.75%) in Hyperion Insurance Group for a cash consideration of £4.5m.
MGA Dual grows Asian presence with Singapore opening
The Dual Group, the underwriting arm of Hyperion Insurance Group, has unveiled plans to open Dual Singapore in the second half of 2012.
CFC further bolsters professional risks team with Walker appointment
CFC is back on the recruitment trail following the appointment of former Sydney-based CGU professional risks team leader Andrew Walker.