Charles Taylor
Charles Taylor Managing Agency appoints Ajay Gupta as CUO
Charles Taylor Managing Agency has appointed Ajay Gupta as chief underwriting officer and board director from Mitsui Sumitomo Insurance Underwriting.
Charles Taylor to target insurtech with specialist arm
Professional services firm Charles Taylor will target the insurance technology market with a dedicated business, Charles Taylor Insure Tech.
Drones and Vnuk in the news; David Marock interviewed
Important news and exclusive content from Insurance Post over the past week
Interview: David Marock, Group CEO, Charles Taylor
He's a CEO with £24m burning a hole in his pocket but Charles Taylor boss David Marock isn't in a great hurry to spend it.
Open APIs mooted by Brolly co-founder after insurtech Downing Street summit
The slower pace of insurtech growth has been recognised by government during a Downing Street meeting of leading industry players on Wednesday (30 March).
Solvency II drives increase in Lloyd's legacy portfolio sales
An increasing number of firms are looking to dispose of their legacy portfolios as Solvency II puts pressure on capital requirements.
The Claims Process: Together again
Hammering down loss adjusters on fees proved a false economy for insurers as falling service standards merely wreaked more havoc on the industry’s reputation. But sense has prevailed and the two sectors are showing signs of a welcome reconciliation
Profits and revenues up at Charles Taylor in 2015
Charles Taylor CEO David Marock has heralded 2015 as a year of “strong growth” after the multi-faceted firm delivered a 31.6% increase in statutory profit before tax to £12.8m for 2015 (2014: £9.7m).
Charles Taylor completes Bestpark disposal
Charles Taylor subsidiary LCL Acquisitions has completed the sale of its holding in run-off insurer Bestpark International to Ashbrooke Financial Group.
Charles Taylor recruits internally for insurance services CEO
Charles Taylor has appointed Luisa Barile as CEO of its insurance services division to succeed Stephen Card, who has been appointed insurance support services director.
Tornadoes: Whirling havoc
Widespread media coverage may give the impression tornadoes only occur in the US. This is not the case, with the high-speed weather phenomenon threatening destruction around the world
London market claims system Write-Back goes live
Write-Back, the system that allows the IT systems of Lloyd’s managing agents to interact fully with the market’s central claims systems, went live on 17 October, supported by eight carriers.
Charles Taylor sticks to strategy with non-life business transfer
Charles Taylor subsidiaries Cardrow Insurance and Beech Hill Insurance have entered agreements to transfer their insurance businesses to Tenecom, a subsidiary of Berkshire Hathaway.
Charles Taylor subsidiary to sell Bestpark holding
Charles Taylor subsidiary LCL Acquisitions has entered into an agreement to sell its holding in Bestmark International to Ashbrooke Financial Group.
Marock defends adjusting business as 'fundamentally sound' despite profit drop
Charles Taylor group CEO David Marock said the company's long-term strategy for its adjusting division will enable it to support its clients once the claims environment returns to a normal level.
Profits up 28% at Charles Taylor as group plots acquisitions
Professional services firm Charles Taylor has reported a 28.1% increase in pre-tax profits to £5.3m (H1 2014: £4.1m) alongside a 21.7% rise in revenue to £69.1m (H1 2014: £56.8m) for the first six months of 2015.
Charles Taylor teams up with PE firm to buy major stake in software provider
Charles Taylor and global private equity firm The Riverside Company have collectively entered into an agreement to acquire a majority interest in the owner of Fadata AD, a specialist provider of software solutions to the global insurance industry.
Charles Taylor COO Ely to take over from Clarke as adjusting CEO
Charles Taylor chief operating officer Damian Ely will take over from Arthur Clarke as CEO of Charles Taylor Adjusting on 1 January 2016 following the Clarke’s retirement on 31 December.
Market Moves - 22 June 2015
Find out who has moved where in the world of insurance this week.
Charles Taylor to replace Robson with Creasy as chairman
Former Kiln Group chairman Edward Creasy will replace Charles Taylor chair Rupert Robson following the release of the company’s half year results on 28 August.
Charles Taylor announces result of rights issue
Professional services firm Charles Taylor has announced that it received valid acceptances in respect of 17,638,808 of the 19,722,762 new ordinary shares offered to qualifying shareholders in its three for seven rights issue, representing approximately…
Charles Taylor completes Scottish Widows International purchase
Professional services firm Charles Taylor has completed its acquisition of Scottish Widows International, a business it has administered for the past eight years.
Marock notes strong acquisition pipeline for rights issue fund
Charles Taylor is eyeing up potential acquisition targets across all three lines of the company's professional services business as well as life run-off firms, according to CEO David Marock.
Charles Taylor sees £9.2m revenue jump in ‘strong' 2014
Charles Taylor saw its revenue increase by £9.2m for the year ended 31 December 2014 to £122.8m.