Insurer
Argo hires Taylor for international role
Lloyd’s insurer Argo International has hired Rupert Taylor from Novae to head its international general liability division.
Dual strikes Aspen and Pembroke capacity deals
Specialist underwriting agency Dual Corporate Risks has entered into a strategic partnership with Aspen Managing Agency (Syndicate 4711) and Pembroke Managing Agency (Syndicate 4000) to provide additional capacity for directors' & officers' liability.
The Post claims advent calendar – 1 December
To celebrate the countdown to the festive period, we have 24 of the most outrageous, unusual and downright embarrassing claims of the year.
Buyers queue up for Thai flood-hit Hardy
Hardy Underwriting has said it has had several preliminary expressions of interest in its business after putting itself up for sale following catastrophe losses from the Thai floods.
HBL lowers offer for cat-hit Omega
Omega bidder Haverford has confirmed that it has cut its offer for 25% of the troubled Lloyd’s business to 74p per share.
R&Q buys Lloyd’s HNW MGA Synergy
Randall and Quilter is to buy the high net worth managing general agent Synergy Insurance Services.
Penny Black’s insurance week
Pity Penny’s friend Jamie Marchant, Groupama’s marketing supremo.
Your say: Question marks over Bent
The judgment in the Bent v Highways and Utilities case raises some very interesting questions - and there are at least two question marks hanging over the early stage handling of the case.
Underwriting Service Awards 2011
The second annual Underwriting Service Awards ceremony took place at the Oval cricket ground, London, with more than 250 underwriters in attendance. The winners were determined by the feedback and views of intermediaries, who place risks on behalf of…
Editor's comment: Sales, sprinklers and statistics
Any reputable estate agent — excusing the potential oxymoron — will tell you the property market falls quiet in the run-up to Christmas, as potential vendors focus on the festivities ahead. Not so in the insurance market, with an unexpected end-of-year…
ULR Additions shuffles jobs as accounts remain unfiled
Legal expenses provider ULR Additions has failed to file its accounts at Companies House, almost four months after Post revealed that two long-standing senior figures had departed the firm.
Reid furious over Bluefin sell-off rumours
Bluefin Insurance Group boss Stuart Reid has insisted Axa calling in advisers to look at selling off Bluefin Advisory Services has no impact on the general insurance broker.
Airmic to have global compliance database ready by September 2013
Airmic is to create a final version of its industry-backed global compliance database by September 2013.
Health and safety proposals welcomed by insurers
Insurers and lawyers have welcomed the government’s claim that it will cut the health and safety burden on employers.
Career development: Allianz employees gain CII qualifications
Allianz staff have received the results of their Chartered Insurance Institute examinations, with 78% of employees achieving passing grades.
Market moves: Fresh faces for underwriters
As the industry heads into December, underwriting agencies and insurers lead the way in the job market. This week saw major moves at Chubb, More Than and Travelers, while Evolution, Arista and Ink all welcomed new staff. It was another slow week for…
News analysis: Forensic claims analyst issues warning as insurers fail to focus on audits
A specialist forensic claims analyst has warned that insurers need to take claims auditing “far more seriously” in the wake of the High Court case brought against Endsleigh.
View from the top: Embrace the post-Jackson world
The Jackson reforms present a real opportunity. As we await the Ministry of Justice consultation response, let’s be optimistic and assume full implementation next year at sustainable costs levels with real incentives to keep cases ‘on track’.
Review of the year - Loss adjusting: Ups and downs
2011 was another rollercoaster ride in the loss adjusting sector, with claims surges, criticism from insurers, struggles with recruitment, and mergers and acquisitions.
Cigna finalises acquisition of First Assist
Cigna has finalised the acquisition of First Assist Insurance Services following regulatory approval from the UK’s Financial Services Authority in late October.
Sciemus recruits former Aon Group chairman
Modelling company, Sciemus, has appointed insurance industry veteran Dennis Mahoney as its new chairman.
Arag chooses Barrie & Hibbert for Solvency II internal model
German insurer, Arag, has selected financial services firm Barrie & Hibbert for its internal model for market risk and for quantifying strategic asset allocation opportunities in a Solvency II environment.
L&G director resigns
Underwriting boss Malcolm Cooper has left Legal & General “to pursue other opportunities”.
Hudson resurfaces at Mitsui
Former Travelers Europe president Martin Hudson has been named as director of underwriting at Mitsui Sumitomo.