Insurer
Fusion founders Pallett and Crisp join Aspen
Aspen Insurance UK, a subsidiary of Aspen Insurance Holdings, has announced the appointment of Kevin Pallett and Geoff Crisp to launch a range of new insurance and risk management products for selected brokers and their clients in the UK market.
RSA's Devitt to depart UK business
RSA’s sales and strategic relationship director Aaron Devitt is to leave the UK business after taking an internal promotion in Copenhagen.
AMII warns Government off IPT increase
Any rise in insurance premium tax (IPT) will severely hit an NHS already under pressure, according to the Association of Medical Insurance Intermediaries (AMII).
Argo moves into entertainment with Mitsui appointment
Argo International, the specialist Lloyd's insurer and subsidiary of Argo Group International Holdings, has expanded its specialist portfolio with the addition of entertainment to its underwriting business.
Axa appoints former Allianz man as property chief
Axa Insurance has appointed Tony Hutchins as its new head of property insurance. Mr Hutchins has joined from Allianz Commercial where he was UK head of property and risk control.
Brit rejects PE valuation following share offer
Brit Insurance has confirmed that it has received an offer for the business from private equity firm, Apollo Global Managment.
RSA chairman slams Obama's "anti-British rhetoric" over BP
Barack Obama has been labelled anti-British for his attack on BP in an open letter from John Napier, chairman of RSA.
Brit shares up 20% following private equity approach
Brit Insurance's shares have shot up in value in the first two and a half hours of trading this morning to 881 pence.
RSA SME boss Norgrove to move to Travelers
Ken Norgrove, director of small to medium sized enterprise (SME) business and chief executive of group renewable energy at RSA, is to return to Ireland to take a role at Travelers.
PB Week: World Cup time
On Friday it is the start of the World Cup and some industry pundits give their verdict on who is going to win in the latest PB Week.
Directors leave Quinn Group
Five directors have left the board of Quinn Group (ROI) in a move that could pave the way for the Quinn family to acquire Quinn Insurance, according to reports.
Middle departs from Axa
Anthony Middle has left Axa, where he is managing director, commercial lines, to join Aviva in the role of strategic partnership director. He is on six months 'gardening' leave.
Survey shows employee absence costs UK economy £17bn
Employees took 180 million sick days last year, averaging 6.4 days each, according to the latest CBI/Pfizer Absence and Workplace Health Survey.
Argo raids CNA for claims chief
Argo International, a specialist Lloyd’s insurer and subsidiary of Argo Group International Holdings, has appointed Ruth Roberts as head of claims.
Cobra Network appoints Home & Legacy
Cobra Network has announced the recruitment of Home & Legacy to provide additional mid and high net worth expertise to its insurance panel.
Equity Red Star launches over 50s PA policy
Equity Red Star has launched its ‘Over 50s Accident Plan’ to cater specifically for the over 50s sector.
World Cup insured for £6.2bn, says Lloyd's
The most watched sporting event in the world, the football World Cup, will be insured to the tune of an estimated £6.2bn when it kicks off in less than a week according to Lloyd’s.
Ace Global Markets appoints head of aviation
Ace Global Markets has announced the appointment of Malcolm Brett as product line head of aviation.
German giant linked to Quinn Insurance bid
German insurance giant Talanx has become the latest name linked with a bid for Quinn Insurance.
NIG enhances package products
NIG has relaunched its package products suite within its NIG Network broker system, with revamped products, a new ‘professionals’ product and an enhanced quote system.
Capita receives Lloyd's approval
Capita Managing Agency, part of the Capita Group, has announced that it has received approval from Lloyd’s to manage live syndicates.
CNA unveils senior hires
CNA Insurance Company has announced the appointments of Paul Dowling and John Taylor to the newly-created roles of chief underwriting officer, commercial lines and chief underwriting officer, specialty lines, respectively.
Equity Red Star appoints underwriting manager for Scotland
Equity Red Star has announced the appointment of Iain Torrance as underwriting manager for Scotland, heading up its fleet and motor accounts in the region. He will be based in the insurer’s Glasgow office which opened in April 2008.
Majority of SMEs have inadequate cover
Less than one in three (30%) small to medium sized enterprises (SMEs) in Europe believe they are insured in the event that a professional mistake leads to them being sued, according to research from Hiscox.