News
Bennetts hires regional director from Jelf Group
Insurance broker Bennetts Commercial has appointed Carole Lowe as a director to its senior management team.
Arista makes underwriting appointment for South East
CEO Charles Earle promotes Anothony Foulds to take responsibility for property, liability and motor business in South East
Cunningham Lindsey raids Garwyn for area manager
Cunningham Lindsey’s liability services has hired new area manager, Adrian Hotson, in its latest appointment from casualty market rivals Garwyn.
Torus announces $185m equity investment boost
Torus has announced an additional equity investment of $185m (£120m) to support the expansion of its specialty insurance and reinsurance businesses.
Aviva warns of vacant property rise
A new study by the Local Data Company shows that retail property vacancy rates across Britain rose 2% in the past six months of last year to 12%, with some towns seeing as much as 24% of its shops lying empty.
Sterling launches new product following broker consultation
Sterling Insurance has announced the launch of its new Executive Business product.
UK business insolvencies have fallen to lowest rate since June 2007
The latest Insolvency Index from Experian has revealed a positive picture in January, with the rate of business failures falling to its lowest point since June 2007.
CBG offloads "certain elements" of personal lines business
Swinton snaps up £370K chunk of personal lines business which chief executive Peter Haplin described as "just the type of business we are looking to acquire"
Willis Risk Solutions appoints head of sales and client development
Fiona Gilvey has been named head of sales and client development for the risk solutions group of Willis UK & Ireland and takes up the position immediately.
Towergate raids HSBC for new managing director
Caravan and park homes broker Towergate Bakers has announced the appointment of Simon Townsend as its managing director.
Groupama's UK profits more than halved
Groupama’s results for 2009 reveal combined profitability for the UK operations (before tax and amortization) has fallen to £14.1m (2008: £30.1m)
Bluefin reports fall in revenue
Axa-owned Bluefin Insurance Group (BIG) has reported a 9% fall in revenues to £116m in 2009.
Axa UK's GI earnings tumble
Axa's total general insurance (GI) and health underlying earnings in the UK and Ireland have fallen 63% to £90m in 2009, compared to £244m in 2008.
Healix boosts health care trust business
Healthcare and medical assistance specialist, Healix Group, has appointed Simon Curtis and Mark Cassidy to its health services business.
GAB Robins hires more ex-Teceris staff in Leeds
Following GAB Robins re-opening its office in Leeds, two further former Teceris staff members have joined the team.
Ace raids RBS for travel director
Ace European Group has announced the appointment of Chris Price to the newly created role of regional director of travel insurance for the Europe, Middle East and Africa (EMEA) region.
Unemployment fell in last three months of 2009 but 2.8 million are 'underemployed'
Total unemployment was down 3,000 between October and December last year.
Firm warns of power vacuum following Sants departure from FSA
The UK financial services industry needs to remain calm despite the announcement of Hector Sants' departure from the Financial Services Authority (FSA), warns Wolters Kluwer Financial Services.
PB Week: Our most important asset?
It's at this time of year that the invitations arrive asking me, as a representative of the Chartered Insurance Institute, to be a speaker at trade conferences and exhibitions.
Hiscox raids Zurich Insurance to build technology PI team
Hiscox has appointed Graeme King as underwriter in its technology, media and telecoms (TMT) team, targeting the international technology professional indemnity market.
Broker UIB expands energy division
Insurance broker UIB has appointed Charles Walker to help expand its offshore energy division.
Groupama announces talent drive
Groupama Insurances is implementing a three year talent plan and has appointed Jordan O'Connor in the newly created role of talent and resourcing manager to drive the initiative.
Marsh launches construction consulting practice
Marsh has launched a specialist construction consulting practice to provide dispute resolution, risk advisory, and audit services to the construction and engineering industries across EMEA.
Open GI appoints head of software development
Technology company Open GI has appointed Sue Craig to the new role of head of software development.