Ireland
Former RSA Ireland CFO fined and banned for misconduct
The former chief financial officer and two former actuaries of RSA Insurance Ireland have admitted misconduct and agreed to fines following a Financial Reporting Council investigation.
Questgates makes string of appointments and acquires premises in Ireland
Questgates has expanded its team in Ireland to drive the development of business in the region through a series of appointments.
Sovereign Capital backing management buy-out of Irish broker Arachas
UK private equity firm Sovereign Capital is backing the management buy-out of Irish brokerage Arachas Corporate Brokers.
Uninsured drivers: clamping down
Large numbers of uninsured cars have been seized but many vehicles continue to drive around uncovered
Beazley posts 3% profit boost thanks to strong investment returns
Beazley reported a 3% increase in full-year pre-tax profits of $293.2m (£234m) thanks to strong investment returns and a benign claims environment.
Building Block expands gadget cover into Irish market
Malta-based insurer Building Block has signed a distribution agreement with Frost Insurances to bring its gadget product to the Irish market.
Irish Insurance trade bodies to merge in anticipation of post-Brexit rush
Two of Ireland’s insurance trade bodies are planning to merge as the country prepares for an influx of business from the UK post-Brexit.
Irish regulator boosts staffing levels ahead of predicted post-Brexit insurer exodus
The Central Bank of Ireland, which acts as the country’s insurance regulator, has increased staff levels by over 25% ahead of an expected influx of UK insurers post-Brexit.
Hiscox appoints Juan de Castro as UK and Ireland COO
Specialist global insurer Hiscox has promoted Juan de Castro to chief operating officer of Hiscox UK and Ireland.
Principal to boost motorcycle offering with Tansar deal
Principal Insurance has teamed up with non-standard motor underwriter Tansar to add to its motorcycle insurance offering in Ireland.
Where are all the full-stack insurance start-ups?
Capital requirements and regulations have been blamed for putting off new full-stack insurers from establishing in the UK but Brexit won't necessarily help start-ups.
Irish insurance bosses focus on M&A deals despite economic challenges
Nearly a fifth of Irish insurers are looking to acquire or merge with a competitor, a survey of insurance CEO's has found.
Chubb expands UK cyber risk capabilities
Chubb has expanded its cyber risk engineering capabilities in the UK and Ireland.
CCPC issues summonses to Irish motor insurers as premiums continue to rise
Major Irish motor insurers and brokers have been issued with witness summonses from the Competition and Consumer Protection Commission.
Kennedys doubles presence in Dublin as insurers relocate post-Brexit
International law firm Kennedys will double its office space in Dublin as insurers are gearing up to enter the Irish market in the wake of Brexit.
Applied Systems expands Irish presence with Relay acquisiton
Applied Systems has acquired Relay Software, as part of the expansion of its international footprint and presence in the UK.
Hiscox launches its online trading platform in Ireland
Hiscox Trader, Hiscox’s online trading facility, has been launched in Ireland following its UK launch earlier this year.
DIMA appoints David Stafford as chairman and Eddy Van Cutsem as interim CEO
The Dublin International Insurance and Management Association has appointed David Stafford as chairman, taking over from Marco Nuvoloni.
Enterprise collapse will affect 14,000 motorists
A Zurich-owned Managing General Agent will reimburse outstanding premiums to Irish motorists who have been affected following the collapse of Enterprise Insurance on Friday.
Am Trust acquires Arc Legal Assistance for undisclosed amount
Am Trust International has acquired Arc Legal Assistance for an undisclosed amount.
Beazley CEO celebrates 10 years in Asia; investigates Ireland passport
Andrew Horton, CEO of Beazley, is in Singapore this week to celebrate 10 years writing business in the continent.
MGA looking to redomicile to Ireland following Brexit vote
A Kent-based intermediary has said “all options are open” following a Brexit vote, as its parent company CBL Insurance said the firm could redomicile to Dublin.
XL Group to redomicile to Bermuda from Ireland
XL ordinary shareholders have approved a scheme of arrangement that will change the place of incorporation of the parent holding company to Bermuda from Ireland.
Liberty to make 70 redundancies in Ireland
Liberty Insurance is realigning its commercial insurance and back office functions in Ireland with an expected 70 redundancies as a result.