Insurer
Aquilo completes Rubicon motor acquisition and sells IT department in MBO
Claims services provider Aquilo has completed the acquisition of Rubicon's motor inspection business at the same time as its IT division finalised a management buyout.
Smart & Cook given £57m boost
Broker Smart and Cook today announced a £57m cash injection from venture capitalist 3i.
Barton and Benjamin team up to launch new Lloyd's brokerage
Nigel Barton, who quit Lloyd's managing agency Faraday 18 months ago after a clash of management styles, is forming a new insurance brokerage.
A Wales of a time
Regional Review
Aviva confident after strong results
Aviva today recorded an operating result of £911m in its general insurance business, compared to £881m in 2002.
JLT reports increase in profits and revenue
Broker Jardine Lloyd Thompson today reported an increase in turnover from £388.6m to £429m for the year ended 31 December 2003.
Zurich CEO claims second spot in corporate market
Zurich chief executive officer James J Schiro today declared that its return to profitability was based its “strong emphasis on the fundamentals of underwriting and claims management as well as on tight cost and expense controls”.
Axa UK appoints board members
At its meeting on 13 February 2004, the Board of AXA UK approved the appointment of Keith Gibbs and John O'Neill as Board Directors of AXA UK. The appointments are subject to the usual regulatory approvals.
Cobra membership grows
Commercial broking alliance Cobra said it is currently processing six new members to add to the ten that have joined since 1 Decmeber.
Path to Success: Liability Underwriter
Matt Hunt, 27, is a liability underwriter at new Lloyd's syndicate Illium and talks of his career to date
Aon announces profit rise
Aon has reported a $215m net profit for the last quarter of 2003, a 15.6% increase on the $186m it made over the same period of 2002.
New international personal lines head at Ace
Thomas Urbanec has joined Ace as executive vice president of its International Personal Lines division.
Axa's Regan moves to RSA as group financial controller
Royal & Sun Alliance Insurance Group has appointed Pat Regan in a new role as group financial controller, subject to approval by the Financial Services Authority. The appointment follows the announcement in January that George Culmer will join the Group…
New head of UK Retail at Marsh
Marsh has appointed Iain Pickard as its chief operating officer for UK Retail.
Marsh appoints former officer
Broker Marsh has announced that Iain Pickard has been appointed as its new UK retail chief operating officer.
HHH on verge of major announcement with sale mooted
Hill House Hammond (HHH) is expected to make a major announcement within the next 24 hours, Insurance Age magazine has learned. Sources have speculated that the announcement could be related to a possible sale of the business. HHH was unavailable for…
Hiscox Insurance boss Sian Fisher resigns
Sian Fisher, the managing director of Hiscox plc subsidiary Hiscox Insurance, has resigned and will be leaving the company at the beginning of February 2004.
Lloyd's FD to quit to join Aviva
Andrew Moss, the director - finance, risk management and operations at Lloyd's, is set to join UK insurance giant Aviva as its new group finance director. A starting date has yet to be confirmed.
Lloyd's FD to quit to join Aviva
Andrew Moss, the director - finance, risk management and operations at Lloyd's, is set to join UK insurance giant Aviva as its new group finance director. A starting date has yet top be confirmed.
UKI Partnerships wins Stroud & Swindon Building Society contract
UKI Partnerships has won the household insurance account for Stroud and Swindon Building Society, available throughout its 22-branch network.
Axa loses two heads to Groupama
Phil Bird will be joining Groupama from Axa as director of non-motor and SME underwriting, while Kate Mutter, also from Axa, will be joining Groupama to head the group's sales and agency activities.
New elections to Council of Lloyd's
Five appointments to the Council of Lloyd's, the ultimate governing body of the market, have been made following an election of members which closed at 1.00pm on Monday 19 January 2004.
Cobra appointments boost offering
Independent commercial broking alliance Cobra, has announced three new appointments to strengthen its compliance and broker development teams.
NIG shake up sees Bunker step down as MD
RBS Insurance today announced that Charles Crawford will assume responsibility as managing director of NIG following the decision of Phil Bunker to leave in March 2004.