CBL Insurance’s administrators had been working on a restructuring proposal, but the firm has been placed into liquidation.
Thousands of insurance transactions happen over the web every day but with recent Google updates are insurers website as secure as they could be asks Mike Still, chairman of Trustify and of Business in the Community’s Business Emergency Resilience Group.
The Ardonagh Group is taking on $225m (£176m) of additional debt as it acquires Swinton.
Axa has appointed Amelie Breitburd as its chief financial officer for the UK and Ireland.
Crispin Moger, CEO for Marmalade, is a trained Lawn Tennis Association tennis coach
AM Best’s ranking of Asia-Pacific non-life insurers remains dominated by the same companies as last year, writes director of analytics Chi-Yeung Lok, noting the market characteristics of mature and emerging markets stay as disparate as ever
A new telematics provider is about to enter the motor insurance market, targeting the lower-premium segment, beyond just young drivers.
An insurance apprenticeship caught Max Jones’s eye when he finished his A Levels and hard work since means he has already progressed to claims technician at BHIB Insurance Brokers
Gallagher's second acquisition of the year is South Coast broker Portmore, with more to follow this year
Gallagher has made regional commercial broker, Portmore, its second acquisition of the year for an undisclosed amount.
The total premium either written or controlled by the London company market has risen to £26.31bn – a 16% increase – according to the International Underwriting Authority's new statistics report.
The Ardonagh Group has agreed to sell Direct Group’s claims businesses to loss adjuster Davies for up to £36m.
Cincinnati Financial has reached an agreement to acquire Munich Re subsidiary MSP Underwriting for £102m – a deal that we see them enter the Lloyd’s market for the first time.
Insurers and brokers are trying to pinpoint the risks posed by increasingly complex supply chains, writes Phil Wall, head of risk engineering UK, Ireland, Middle East & Africa at HDI Global, calling for market collaboration to signpost ways forward.
Ageas has restructured its senior management, resulting in the departure of insurance CEO François-Xavier Boisseau as well as other senior figures.
Chris Lay enjoyed his time in Canada but Marsh’s new UK and Ireland CEO has no doubt that London is the place to be. “The UK is a priority for Marsh,” he told Cecile Brisson, just before the world’s biggest broker bought off London-based broker Jardine…
Brightside saw pre-tax losses of £10.2m last year, but incoming CEO Brendan McCafferty said there is “no need to alter strategy”.
The CEO of the UK's largest broker has defended broker facilities, amid an official probe into allegations the practice is anti-competitive.
Ascending the Alps, relaunching rugby and seven marathons in seven days
Independent Scottish broker Bruce Stevenson has bought Turiff-based Youngson Insurance Consultants.
Brit executive chairman Mark Cloutier is leaving the Lloyd’s insurer, to become CEO and chairman of Aspen
Aggregator disruptor Honcho has been backed £50,000 by an SME fund from Barclays.
US-based insurtech Slice has raised an additional $20m in its series A round.
Swinton will continue its trajectory toward becoming primarily a digital business, Ardonagh CEO David Ross said, but he refused to call time on the high street broking model.
Marsh UK CEO Chris Lay has decried the lack of a 'pipeline' of women in line for senior roles, urging for flexible working as a possible solution.