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Market Moves - 6 February 2014
It was a busy week in recruitment again for insurers, with Ace, Marketform and XL Group among those recruiting.
Gallagher recruits RSA IT boss for new CIO role
Arthur J Gallagher has swooped for RSA’s UK and Western Europe IT and change leader Giles Baxter, to serve as its new international chief information officer.
Ex-First Assist boss Ellen to become Barbon chairman
Barbon Insurance Group has appointed Simon Ellen as its new chairman with effect from 1 February.
Prudential's Nuvoloni appointed DIMA chairman
Dublin International Insurance & Management Association has appointed Marco Nuvoloni as chairman of the association, replacing the outgoing Stephen Devine.
Lloyd’s launches volume claims service
Lloyd’s has unveiled a new shared volume claims service to allow the market to better handle non-complex claims.
Higos swoops for Bluefin team
Higos Insurance Services has bolstered its commercial insurance team with several new additions from rival Bluefin.
MICC boosts membership to 16 with first female representative
The MENA Insurance CEO Club has inducted its first female member in the form of Lamia Ben Mahmoud, chair and general manager of Société Tunisienne de Réassurance.
CFC swoops for HCC’s Woodward to fill director role
Underwriting agency CFC has appointed Nick Woodward to the new role of claims and products director.
Ironshore hires Lexington's Horton for US liability risks role
Ironshore International has appointed Chris Horton as director of underwriting for US liability risks, including specialty casualty, Iron Pro, Iron Health and environmental business lines.
Disability broker Fish lands relationship manager
Fish Insurance has appointed Becky Rourke as its relationship manager responsible for liaison with local authorities and disability support groups.
Colosso replaces Coles as Howden CEO amid expansion plans
Howden Broking Group has appointed Adrian Colosso to the role of chief executive as part of a management reshuffle designed to build on recent expansion within the Hyperion-owned broking group.
ALC Health appoints Godbold as MD
Private medical insurance provider ALC Health has appointed Stephen Godbold as managing director.
Ace names Axa’s Brionne as Iberia president
Ace has recruited Axa’s property-casualty programme director for northern, central and eastern Europe to lead its own operations in Iberia.
LV Broker recruits DLG underwriting manager
LV Broker has swooped for a Direct Line Group portfolio underwriting boss to serve as its new technical underwriting manager.
RSA UK & Europe finance boss heads to energy sector
RSA’s UK and Western Europe finance director is to leave the insurance industry, moving to a Wiltshire-based energy company.
R&Q promotes Morris to US captive CEO
R&Q has named Rod Morris as chief executive of its US captive operation, Quest USA.
Bollington recruits from Circle for sales and affinities boss
Bollington has recruited Circle Insurance sales director Neil Newman to lead its commercial sales and affinities business.
Rural plants seeds of expansion with second Farm Web swoop
Rural Insurance has expanded its regional development underwriter team with the appointment of Sarah Robinson from NIG Farm Web.
Argenta’s Paul Hunt to step back from exec roles
Argenta Syndicate Management executive director and underwriting director Paul Hunt is to step back from his executive roles within the group over the next two months.
Swinton recruits former Direct Line MD Moat as non-exec
Swinton has named former Direct Line motor managing director Chris Moat as a non-executive director, Post can reveal.
Ace recruits from Sportscover for UK & Ireland environment underwriter
Ace has recruited a former sports and leisure underwriter to bolster its environmental risk division.
Markham recruits UN specialist for kidnap push
High net worth broker Markham Private Clients has appointed a European Parliament and United Nations risk specialist to head up a new kidnap and ransom facility underwritten by AIG.
Miller recruits XL Re’s Poon to head Asia claims
Insurance and reinsurance broker Miller has appointed XL Re’s claims manager to lead its claims operations in Asia.
Gallagher integration costs climb £3m in 2013
The total cost Gallagher of integrating 30 acquisitions including Giles and Bollinger rose by almost 25% over the course of 2013, costing the broking giant $24.1m (£14.5m)