Articles by Callum Brodie
Ex-Brightside boss Banks launches van insurance brand Footprint
Former Brightside chief executive Arron Banks has launched specialist standard and non-standard van insurance brand Footprint Insurance, having enrolled an experienced management team led by Lance Testa.
UK General prepares for 2014 schemes growth with three hires
UK General has made a trio of appointments to broaden the scope and knowledge of its schemes division, in anticipation of a period of expansion.
Aviva sets aside £500m for investment as insurance growth plan is launched
Aviva has pinpointed £500m for investment in UK infrastructure following a pledge with five other life insurers to pump £25bn into major projects as part of the government’s national infrastructure plan.
Bassett finds new home at OIM Underwriting
OIM Underwriting has appointed Faraday’s Nicola Bassett to the newly created role of claims director.
Further storms predicted next week as insurers remain vigilant
Insurers have been warned that much of the UK will be impacted by storms that are set to wreak havoc on homeowners and commuters next week.
Willis names Owens as CEO of amalgamated captive business
Willis Group has appointed Paul Owens as chief executive of the newly formed Willis Global Captive Management business.
Ageas reinsurance claims boss Gunter to retire next year
Ageas’ head of reinsurance claims Nick Gunter will retire at the end of March 2014 following 35 years at the insurer, Post can reveal.
Watson to remain as Canopius CEO ahead of Sompo-backed M&A activity
Canopius chairman Michael Watson will not look to replace outgoing chief executive Inga Beale and will instead occupy the role himself on a permanent basis as he eyes acquisition opportunities under the ownership of NKSJ Holdings’ Sompo Japan.
Turvill to continue as NED after retiring as Willis International chair
Willis International chairman Sarah Turvill will step down from her role at the end of the year before taking on a non-executive director position on the board.
Novae plays down speculation of imminent Antares deal
Novae has attempted to pour cold water on speculation linking the firm with a bid for fellow Lloyd’s player Antares by stating that “there is no certainty” of a deal taking place.
S&P points to 'weak management' at RSA following downgrade
Standard & Poor’s has attributed a succession of profit warnings at RSA culminating in the resignation of chief executive Simon Lee for its decision to downgrade its ratings on the company and its core subsidiaries to 'A-' from 'A'.
Truell bolsters GI presence with stake in 'game changing' tech business
City financier Edmund Truell has acquired a significant minority stake in technology business Regulatory Efficiency Gains, which he believes will “completely change” the way the insurance market operates.
Devine replaces Bristow as divisional MD at Gallagher Heath
Gallagher Heath has appointed Tim Devine as managing director of its public sector and education practice.
Axa, Allianz and Zurich among 'corporate predators' circling RSA, claims analyst
Axa, Allianz and Zurich have been touted as likely bidders for RSA after the firm’s share price plummeted following news of chief executive Simon Lee’s “inevitable” resignation.
RSA chairman Scicluna to serve as interim CEO following Lee resignation
RSA chief executive Simon Lee has resigned as the insurer revealed it will pump £135m into its troubled Irish division.
Profit growth not BGL's main aim in 2013 as CEO eyes five-year plan
BGL chief executive Matthew Donaldson has defended his firm’s static profit growth in 2013 by claiming that the launch of a five year growth initiative had meant that building on last year’s profit margin was never expected.
BGL profits remain flat despite attracting two million more customers
The BGL Group has recorded pre-tax profits of £88m for the second consecutive year, despite increasing customer numbers by two million to 6.6 million during the same period.
RSA no longer facing pay out two years after tragic M5 crash
RSA is no longer expecting to be on the hook for claims relating to a fatal motorway pile-up after the fireworks contractor in charge of a display held on the night of the crash in which seven people died was cleared of breaching health and safety laws.
Lorega partners with BVCA on loss recovery offering
The British Venture Capital Association is to offer Lorega’s loss recovery insurance to its members via its advantage platform.
Millburn unable to pay claims after entering administration
Millburn Insurance Company has become the first UK regulated insurance firm to enter administration since 2009, three months after it stopped writing new business following a review by the Prudential Regulation Authority.
Independent Inspections hopes to cut claims cycle with prepaid card scheme
Claims management company Independent Inspections has signed up to Tuxedo Money Solutions’ prepaid card scheme in a bid to reduce the lifecycle of a home insurance claim and enhance policyholder experience.
Howden expands Nordic footprint with deal for Finnish broker
Howden Broking Group has acquired of a majority share in Finnish broker Colemont Finland Oy from AmWins subsidiary Colemont Global Group.
Liberty Mutual wholesale manager Goodearl joins XL
XL Group has appointed Lewis Goodearl as chief underwriting officer UK property and casualty for its Lloyd’s business.
Aon Risk Solutions' Barclay to take over Rural reins from Stevens
Rural Insurance has appointed Aon Risk Solutions' Ian Barclay to replace Simon Stevens as managing director of the agricultural insurer.