Insurer
MAST security training courses receive government approval
The Department of Transport’s Maritime & Coastguard Agency has approved three new training courses from security specialist Maritime Asset Security and Training.
Staddon named MD of the MGAA
Peter Staddon has been appointed as the first managing director of the Managing General Agents' Association.
Ambant launches MGA support firm
Ambant, the Lloyd’s of London and international insurance market services company has launched MGA service provider Ambant Underwriting Services.
Cannock making his mark at Markel
Less than 12 months after joining Markel from the Lloyd's market, Matthew Cannock was promoted to managing director, Asia.
Hong Kong Federation of Insurers revamps website
The Hong Kong Federation of Insurers has upgraded its website with increased functionality and enhanced consumer, broker and member sections.
Transport ministers told to consider graduated driver licensing
The Department for Transport has been advised to consider the introduction of graduated driver licensing for young drivers by the Transport Research Laboratory.
Post Intelligence – company profile: Towergate Partnership
Towergate says it will continue its aggressive acquisition strategy (FY12: 27 acquisition; 1H13: 10) focused on networks, retail and underwriting. The challenge is to turnaround falling operating earnings in the retail business.
Post Intelligence – company profile: Arthur J. Gallagher & Co.
With an increasing focus on international growth, AJ Gallagher has completed a record 60 acquisitions in 2012 across all business lines with annualised revenues of $232m.
Post Intelligence – company profile: Aviva plc
Following a loss of £3bn last year, Aviva has identified 43 businesses that are performing under par.
Post Intelligence – company profile: Direct Line Insurance Group plc
Compared to an operating loss of £375m in FY10, Direct Line returned an operating profit in 1H13 of £287m, up 28% year-on-year.
Post Intelligence – company profile: Esure Group
As part of its strategy to diversify its earnings, Esure Group is working to expand its home, broker and additional service offerings.
Post Intelligence – company profile: Munich Re
Munich Re continues to expand its primary insurance business, ERGO, in Asia and Eastern Europe.
Post Intelligence – company profile: Admiral Group plc
Following a difficult time with motor insurance, Admiral Group issued a profit warning in FY12.
Post Intelligence – company profile: AIG
In four years, AIG has repaid $182bn of bailout funds through intensive disposal of assets.
Post Intelligence – company profile: RSA Insurance Group plc
RSA has a target to double premiums from emerging markets through actions including bolt-on acquisitions.
Research shows growth in telematics product offerings
The number of car insurance products featuring telematics has increased from two to 14 in the past two years research from Defaqto has found.
ABI unveils rehab insurer panel
The Association of British Insurers has revealed the make up of a new rehabilitation panel to provide a unified voice for insurers.
Zurich shakes up commercial broker team
Zurich has made some changes to its commercial broker leadership team following the retirement of two of its members.
Adventurous over-50s covered by Avanti
Avanti Insurance has increased its coverage to take into account the latest holiday adventure sports being taken up by 50 to 90 year olds.
Video: Michael Tripp
Former Ecclesiastical chief executive Michael Tripp has joined accountancy firm Mazars as a general insurance partner.
Mutual chief calls for Treasury support for Share Bill and better PRA engagement
The Government has been urged to get behind the Mutual Redeemable Share Bill that was introduced by Lord Naseby in July.
Former Mapfre travel claims boss Smith heads for Avanti
Avanti Insurance has appointed Mapfre’s former head of travel claims Julie Smith to the role of business development director.
RFIB opens office in South Africa
RFIB Group has opened a representative office in Durban, South Africa.
Saga eyes Q1 listing
The private equity owners of travel and insurance specialist Saga are said to be planning a £3bn stock exchange listing early next year.