Ace
Investing in people will create value for insurers, says Marsh
Insurers can create value for their firm in the economic downturn by investing in talented personnel, according to Marsh UK’s CEO Martin South.
Ace predicts a ‘challenging’ 2012
2012 will be one of the most challenging years the insurance industry has faced, according to Ace president Richard Pryce.
Argo looks to Novae for liability head
Argo International has appointed Rupert Taylor as head of International general liability.
Argo hires Taylor for international role
Lloyd’s insurer Argo International has hired Rupert Taylor from Novae to head its international general liability division.
Underwriting Service Awards 2011
The second annual Underwriting Service Awards ceremony took place at the Oval cricket ground, London, with more than 250 underwriters in attendance. The winners were determined by the feedback and views of intermediaries, who place risks on behalf of…
Ace appoints new UK and Ireland boss
Ace has named Duncan Green as head of UK and Ireland for the insurer’s accident and health business.
Perkins Slade rings the changes
Despite a relatively quiet quarter for broker recruitment, Perkins Slade named three new directors this week. The intermediary was not the only firm making changes, with Jelf and Willis also naming new starters. Among insurers I was a bust seven days for…
Catlin marine and transport division takes underwriting team of the year 2011 title
Ace Europe and Catlin were both double winners at the 2011 Underwriting Service Awards last night at the Kia Oval.
Ace snaps up former Chubb regions boss
Ace has today unveiled former Chubb Insurance UK regions manager Carolyn Hamilton as the firm’s new corporate risks regional development manager.
Stonepoint to reduce interests in Cunningham Lindsey and Lockton
Global claims management group Cunningham Lindsey and broker Lockton International are both looking at options that may see private equity giant Stonepoint Capital divest or reduce its interests in the groups, Post understands.
Market moves: Setting the trend
Insurer MMA was the main recruiter this week, with the firm naming five new staff across its regional office network. The moves set the trend among fellow underwriters, with high-profile appointments at Groupama, DAS and for Markel’s fledging operation…
Roundtable - Global programme: Building successful global programmes
Delivering tailored coverage around the world is a boon for multinational insurers. However, keeping up with regulatory demands, both internationally and locally, can be be a strain. Post gathered a group of experts to debate the most pressing issues.
Claims - Board representation: Staking a claim
Claims representation at insurer board level may remain a relative rarity — but is it a business critical necessity or a luxury?
Ace recruits from RSA in the Midlands
Ace has recruited RSA’s Steve Baker to its technical risks team as regional construction underwriter, responsible for developing the construction book of business in the Midlands and the South.
Ace launches multi-national practice in Continental Europe
Ace has created a new practice designed to meet the needs of multinational companies that are based or operating in Continental European countries.
Market moves: All change at Mondial and Marsh
This week insurers were, once again, the main recruiters with the majority of high profile appointments.
Ace and Chubb experts lead Lloyd's environment consortium
Lloyd’s has responded to increased demand for higher levels of environment impairment liability coverage by launching its own environmental liability consortium.
Market moves: Insurers move for senior staff
For the second week running insurers were the major movers and shakers, with Ecclesiastical recruiting a managing director for Ireland, Aviva adding to its executive team, and NIG expanding its presence in London. In broking, Willis continued to make…
Ace’s earnings hit by investment losses
Ace has reported reduced profits for the first nine months of 2011 and a loss for Q3, which it blamed on $760m in net realised investment losses.
Career development news: Ace to sponsor D&O product workshop
Ace is set to sponsor a free educational workshop aimed at helping educate brokers about directors’ and officers’ liabilities products.
News analysis: IFB’s three-year strategy wins financial backing from insurers
The Insurance Fraud Bureau is to more than double in size in its crackdown on professional enablers.
Combined Insurance bosses quit amid redundancy row
The European managing director and the head of European operations at Combined Insurance have left the company.
Ace Q3 results described as 'outstanding' in tough conditions
Ace has today reported a Q3 loss of $0.09 per share, compared with net income of $1.97 per share for the same quarter last year.
QBE makes two new hires to launch liability product
Business insurance specialist QBE has formed a new team to launch an environmental liability product.