Insurer
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.
QBE addresses market rumours
QBE has issued a statement regarding its potential exposure to the Gulf of Mexico oil rig disaster and Insurance Australia Group's (IAG) announcement on motor liability claims.
LV opens new broker office in Exeter
LV Broker has announced it is opening a new office in Exeter and has appointed Steve Meredith as regional manager for the South West.
Junction reveals "ambitious" growth plans
Junction said it aimed to more than double compound sales in next three years.
Groupama appoints new chief actuary
Groupama has appointed Niraj Shah as chief actuary. He takes over from Steven Blake who will be leaving the company at the end of June to take up a senior management appointment at RSA.
Chubb announces £41.5m Lloyd’s Syndicate
Chubb Insurance has announced that it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. It will commence underwriting from 14 June for business incepting from 1 July 2010.
IAG boosts UK claims reserves
Insurance Australia Group (IAG) said that due to a "significant deterioration in UK claim experience", in particular bodily injury claims, it has conducted an independent actuarial review of its UK business.
Quinn may have to raise commercial rates by 3000% to secure UK re-entry
Quinn Insurance may have to increase rates on its UK commercial premiums by 3000% to secure regulatory approval to re-enter the market.
HDI-Gerling announces opening of regional hubs
HDI-Gerling Industrial Insurance Company UK has announced the formation of two new business divisions together with the creation of a new regional structure.
Interview - Xavier Denecker: Trading ahead
Emmanuel Kenning questions Xavier Denecker, managing director of Coface UK and Ireland, about what the future holds for the multi-billion pound trade credit insurance industry.
Market Watch: Sporting chance
With the 2012 Olympics looming large on the horizon, Emmanuel Kenning delves into the many and varied risks surrounding the insurance of sports clubs.
Management Clinic: Securing the stamp of approval
We have the opportunity to expand into Europe but, after all the bad publicity about passporting surrounding an Irish insurer recently, is it a good idea?