News
Lloyd’s applies for Brazilian licence
Lloyd’s is set to expand in Brazil, and announced it is in the process of making a formal application to be an admitted reinsurer in the country and will establish its first representative office in Rio de Janeiro.
Oxygen Insurance Brokers opens Glasgow office
Oxygen Insurance Brokers has opened a new office in Glasgow by its UK Corporate Risks Practice. The opening is a response to the growth in Scottish commercial insurance business, and is also the first location of the Practice’s new specialist Mergers &…
CII strengthens team to support professional standards initiative
The CII is increasing the resource behind its initiative to raise professional standards and increase levels of qualifications in the general insurance sector.
Quantum directors complete buyout
Stefan Wissenbach, co-founder and chairman of Warwick-based Quantum Underwriting Solutions, has been bought out of the firm by directors James Wasdell and Lee Rhodes.
FSCS levies set to top £30m in next year
Financial services firms are expected to pay a net total of £30.7m in levies in the next financial year, according to the Financial Services Compensation Scheme (FSCS).
Endurance issues annual results
Endurance Specialty Holdings has revealed a net income of $521.1m (£265.6m) in its 2007 annual results.
CCV snaps up regional Lockton sites
Cullum Capital Ventures (CCV) has announced the acquisition of a portfolio of businesses from Lockton International.
Towergate strengthens affinity business
Towergate has acquired Kent-based affinity specialist, Woodgate & Partners.
RSA acquires Fyfe Group
Royal & SunAlliance (RSA) has acquired the Fyfe Group for an undisclosed amount.
CII accreditation awarded to Scottish college
Cardonald College has become the first Scottish education institution to receive Accredited Provider status from the Chartered Insurance Institute (CII).
Smart & Cook moves to Dundee
National insurance broker Smart & Cook has opened its third Scottish office, in Discovery House on Dundee’s Technology Park.
ABC links up with RiskSTOP
ABC Insurance has appointment RiskSTOP to provide risk management services for its commercial insurance portfolio.
Lark makes first Groupama-backed purchase
Lark Group has acquired Hampshire-based Griffiths Good & Company for an undisclosed sum. The acquisition will add around £7 million gross premium, £1m revenue and 14 staff to the group.
ABC appoints new underwriting head
ABC Insurance, part of the LV Group, has appointed Mike Crane as head of broker underwriting.
Lockton targets major clients with Leeds operation
Lockton’s Corporate Risk Solutions (CRS) division has added to its operations in the North with the establishment of a Leeds office, headed up by Mark Evans, formerly of Marsh and Willis.
St. Paul Travelers prepares for red umbrella rebrand
St. Paul Travelers is all set to adopt the Travelers trading name and red umbrella logo of its US parent with effect from 4 February 2008.
Appointment at Colemont Miami
Colemont Miami has recruited Carlos W. Herrera to its newly formed corporate portfolio area. ...
Appointment at Venture Preference
Sandy Dunn and Ian Brimecome have both become non-executive directors at Venture Preference. ...
Lloyd's capacity down
Lloyd's underwriting capacity reached £15.95bn on 1 January. This business is supported by 176 broke...
Appointment at United Insurance Brokers
United Insurance Brokers has hired Neil Daws as its manager of financial institutions, based at the ...
Appointment at Nuclear Risk Insurers
Nuclear Risk Insurers has appointed Quentin Jackson as its non-executive director. He has also becom...
Appointment at The Financial Services Skills Council
The Financial Services Skills Council has recruited Roy Leighton as its new chairman. He takes over ...
Appointment at The CII
The CII has recruited Sian Fisher, head of agency operations at Oxygen Insurance Brokers, and Peter ...
Appointment at The Parabis Group
The Parabis Group has appointed Christine Bradford as its group HR director. ...