Mergers & acquisitions (M&A)
Career development & CSR: Chartis and CII team up to offer environmental training
Chartis UK has joined forces with the Chartered Insurance Institute to offer a suite of accredited training programmes to brokers, covering environmental liability issues.
Zurich names head of strategy
Zurich Financial Services Group has appointed Luca Marighetti to the position of group head of strategy.
Gallagher Heath brand launched
Heath Lambert is to begin trading as Gallagher Heath with immediate effect following its acquisition by Arthur J Gallagher & Co.
Chaucer takeover completed
Chaucer has confirmed its takeover by US-based The Hanover Insurance Group has been completed.
Novae-Omega merger falls through
Novae has announced to the London Stock Exchange that “it is unlikely a transaction can be structured in its interest” with fellow Lloyd’s insurer Omega.
Aviva major acquisition spree 'unlikely'
Major acquisitions to fast-track the creation of a multi-brand general insurance strategy for Aviva are unlikely, despite the £600m windfall set to be secured from last week's sale of roadside assistance provider RAC, according to analyst Eamonn Flanagan.
Towergate seals first broker deal of 2011
Towergate Insurance has acquired BWA Insurance Services — trading as Beric Webb Associates — for an undisclosed sum, in its first broker deal since 2009.
Law firms poised for top-25 merger
Legal bosses from Beachcroft and Davies Arnold Cooper are remaining tight-lipped over merger talks — despite market speculation a decision could be reached within a week.
Career development & CSR: Marsh wins NW award
Marsh has been named as insurance broker of the year in the 2011 St Nick North West Turnaround Awards, held at Manchester's Museum of Science and Industry.
Alternative business structures: I bought the law
With the arrival of alternative business structures imminent, Amy Ellis looks at the pros and cons of the ability for those outside the legal sphere to invest in services.
Chaucer outlines delisting timetable after scheme sanctioned
Following an application by Chaucer to the UK Listing Authority, it is expected that trading of Chaucer Shares on the main market of the London Stock Exchange will be suspended from 4:30pm on 30 June 2011.
JLT targets Latin American growth with Chilean deal
JLT is to expand its Latin American business with the acquisition of Chilean broker Orbital Corredores de Seguros.
Arthur J Gallagher swoops for Lloyd's broker business
Arthur J Gallagher (UK) has acquired part of the liability and affinity portfolio of Lonmar Global Risks.
Towergate acquires Kent broker
Towergate Insurance has acquired BWA Insurance Services trading as Beric Webb Associates.
Multi-brand strategy moves a step closer at Aviva
Next month’s launch of an internet-only brand by Aviva could prove the first of many, according to UK general insurance CEO David McMillan, as the insurance giant remains optimistic of retaining a significant proportion of RAC’s 300 000 motor insurance…
Interview - Peter Winslow: Best at building
Backed by an armoury of well-known brands, BGL CEO Peter Winslow tells Lynn Rouse about pan-European aggregation, acquisitions and why there is plenty of life in meerkats yet.
Brown: Aon 'could buy anyone' to expand its regional footprint
Aon UK chief executive Rob Brown has claimed the broker is well positioned to make further acquisitions in the UK market and "could buy anyone" to expand its regional footprint.
Customer service: Brand no longer a guarantee of standards
It is becoming harder for companies to rely on the strength of their brand to prove their service credentials, according to speakers at the breakfast briefing.
Beachcroft and DAC in merger talks
Beachcroft and Davies Arnold Cooper are in talks over a potential merger that would create an insurance law firm with combined revenue of close to £175m.
Hastings eyes Aviva and Allianz in 2012 IPO push - Insurance News Now - 23 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the news that the panel of insurers at Hastings Direct has more than doubled in size since an MBO 18 months ago. The firm is due to sign another five companies…
Bloodstock - Market Update: Dark horse
With race lovers flocking to Royal Ascot this week, Jane Bernstein reports on a bloodstock insurance market still hampered by soft rates and self-insurance.
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
RSA acquires Canadian firm ETFS
RSA Insurance Group has confirmed the acquisition of the insurance assets of Expert Travel Financial Services Incorporated a distributor of travel insurance in Canada.
Transatlantic and Allied World in $8.5bn merger
Transatlantic Holdings and Allied World Assurance Company have confirmed the signing of a definitive merger agreement.