Insurer
Mike Quinton says departure was nothing to do with aggregator failure
Mike Quinton has confirmed he has left Covea, the parent company behind the failed aggregator start-up he had worked on, stressing that it was only a temporary role.
Chartis' Sadler elected president of Aerospace insurers
Janet Sadler of insurer Chartis Europe has been elected president of the International Union of Aerospace Insurers.
Coface expects lower profit margins due to Europe debt crisis
Credit insurer Coface SA has said it may post lower profit margins from underwriting as Europe's debt problems fuel higher claims.
Axa Gulf opens new retail operation in Bahrain
Axa Gulf has opened a retail shop at the Nakheel Centre in Saar as part of an expansion strategy aimed at increasing its geographical footprint in Bahrain and the Gulf.
International insurance think tank appoints Swiss Re's Fitzpatrick as MD
The Geneva Association has named John Fitzpatrick as secretary general and managing director.
Operational risk still overlooked, says Grant Thornton
An inaugural market study by Grant Thornton has found that insurance companies should seek a better balance in risk management across all risk categories to successfully deliver business plans within acceptable risk limits.
Zurich appoints head of sales and distribution for global corporate
Zurich Insurance Group has appointed Valerie Butt as head of sales, distribution & marketing for global corporate, effective 1 July.
Ex-Jubilee motor boss joins HDI-Gerling
Industrial insurance firm HDI-Gerling is expanding its UK offering to include motor fleet in the UK after appointing John Shepherd to head up the new line of business.
Ferma reveals identity of board appointments
The Federation of European Risk Management Associations has elected three board members on new three-year terms.
ECIC bids to help contractors in tough times
The Electrical Contractors' Insurance Company has opened an office in Scotland designed to build its partnerships with brokers and trade associations.
Direct Group swoops for second 2012 acquisition with Simple purchase
The Direct Group, a Doncaster-headquartered provider of outsourced services, has acquired Simple Insurance from Leeds-based UK General for an undisclosed sum.
Ace research exposes lack of terrorism cover among UK corporates
More than a third of UK corporates do not have specific insurance cover in place for terrorism and political violence risk, according to a survey undertaken by Ace.
Manulife plans Asia expansion
Candadian insurer Manulife Financial plans to double its insurance agents in Asia to about 100,000 in the next five years and boost the region's share of profit to 40%.
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".
Mapfre to supply motorcyle cover for Peugeot in Italy
Mapfre Asistencia's Italian arm has entered into an agreement with Peugeot Citröen Group to provide roadside assistance and customer services to Peugeot Scooters, the group's specialist motorcycle unit.
Griffith-Jones appointed non-exec chairman of incoming FCA
KPMG chairman John Griffith-Jones will join the FSA board on 1 September as non-executive director and deputy chairman, before becoming non-executive chairman designate of the soon-to-be-introduced Financial Conduct Authority.
EA issues flood warnings across England and Wales
The Environment Agency has issued 36 flood warnings in England and Wales.
Lumley Jacobs extends forensic coding deal with Home & Legacy
Lumley Jacobs has signed a three-year extension to its agreement with Home & Legacy to supply forensic coding to high net worth customers.
MP draws link between doctors' roles and rising motor premiums
A Bradford MP has told the medical profession that it must accept its role in the rising cost of motor insurance after a doctor at Doncaster Royal Infirmary was accused of helping a staged patient write a false claim.
Footballer found not guilty of insurance fraud
Scotland striker Garry O'Connor has been cleared of attempting to defraud Aviva over a £93 500 claim on his crashed Ferrari.
Gallagher buys Missouri business
Arthur J Gallagher has acquired Missouri employee benefits and consulting business, Broker Benefit Services.
Japan to allow sovereign guarantees for tankers
Japan's cabinet plans to approve a bill giving sovereign guarantees for the nation’s oil tankers, circumventing sanctions aimed at stalling Iran's nuclear programme, according to Bloomberg.
RSA fills Asia and Middle East legal role with ex-Fortis Bank GC
General insurer RSA has appointed Christina Tham as legal, risk and compliance director for the Asia and Middle East region.