Brit Insurance
Brit expands global distribution network with Bermuda office opening
Brit is targeting an expansion of its distribution network with the opening of a Bermuda office.
Brit hires ex-Markel SVP Bonanno to head up Bermuda office
Brit is targeting an expansion of its distribution network with the opening of an office in Bermuda.
Underwriters under pressure to secure facility deals to remain in London market
Lloyd’s underwriters have been warned they may have to secure facility deals with brokers in order to conduct business in the market in the future, despite a question mark remaining over whether these practices are anti-competitive.
Interview: Mark Cloutier: Maintaining momentum
After restructuring last year, Brit has posted impressive results for the first half of 2013 – and chief executive Mark Cloutier insists the firm is on the right track to becoming top dog at Lloyd’s
Former Lloyd’s chair Taylor joins Pioneer board
Former Lloyd’s chairman Max Taylor has been appointed as chairman of the board at BMS owned-Pioneer Underwriting.
Career file - Dane Douetil: Ex-Brit boss Douetil takes helm as BMS group CEO
Broking group BMS Associates has named Brit Insurance chief executive Dane Douetil as group CEO.
Brit developing 'tactics' to counter Aon/Berkshire Hathaway type deals
Brit Insurance chief executive Mark Cloutier claims his firm has a “defensive strategy” in place to counter the impact of an increase in high-profile broker line slips.
Dane Douetil takes the reins at BMS Associates
BMS Associates has named Brit Insurance chief executive Dane Douetil as its new group CEO.
Covéa appoints Owen to newly-created post
Covéa Insurance has named Maureen Owen head of regions for the North.
Brit posts improved COR of 86%
Brit Insurance has reported a combined operating ratio of 86% for the first half of 2013 – an improvement from 92.8% in 2012.
Simply Business MBO to realise the ‘full potential’ of business
Simply Business chief executive Jason Stockwood has revealed the recent management buy out was prompted by a desire to clarify its shareholder structure.
Simply Business parts ways with Brit after completing MBO
Simply Business has finally completed a management buy-out with backing from European equity firm Ana Cap.
Argo International hires Brit's Jackson as head of compliance
Lloyd’s insurer Argo International has appointed Mike Jackson as head of compliance.
Brit adopts Xchanging’s Fees Direct Plus
Xchanging, the business process, procurement and technology services provider has today announced Brit Insurance as a customer of its enhanced Fees Direct offering, Fees Direct Plus.
Covéa appoints ex-Brit distribution boss Tim Grant
Covéa Insurance has appointed Tim Grant to the newly created position of micro SME leader.
Ferneyhough joins Brit as strategy director
Brit has appointed insurance analyst Joy Ferneyhough to the newly created role of director of strategy and corporate development.
Prettejohn to leave Brit
Brit Insurance’s non-executive director Nicholas Prettejohn will retire from the company’s board at the end of June, following his appointment as non-executive director of the Prudential Regulation Authority.
News Review: 13 June 2013
News Review
Market Moves: Broking sector has quiet week apart from a new COO role created at BMS
The recruitment merry-go-round produced a mixed bag of hires this week, with Covéa taking a lead role on behalf of insurers. The broking sector, usually a hive of market hiring activity, threw up little of note – although BMS Group proved the exception…
Brit enters political & credit risk market
Brit has entered the political & credit risk market with the appointments of Peter Jenkins and John Lentaigne as co-heads of the new division.
Brit chairman Prettejohn joins PRA board
Brit Insurance chairman and former Lloyd’s chief executive Nick Prettejohn is joining the board of the Prudential Regulation Authority following approval by the Chancellor of the Exchequer.
Ex-Brit director joins Prosight board
Lloyd's coverholder Prosight Specialty Underwriters has appointed former Brit board member Peter Goddard as a non-executive director.
Simply Business closes in on MBO as Brit CEO Cloutier admits u-turn over broker commitment
Simply Business is close to a deal which will see it separate from Brit Group through a management buyout, Postonline has learnt.
Covéa reveals management shake-up with double appointment
Covéa Insurance has promoted Chris Withers to the role of head of commercial lines distribution, while Liam Casserley will take on the position of schemes broker manager.