Travelers
Market Moves: Lockton among the major movers as new hires are made across the sector
Recruitment activity was spread across all sectors of the insurance industry this week. Busy among brokers was Lockton, with two appointments coming in the form of a new business development executive and an incoming senior yacht consultant. Loss…
Travelers hires K&R specialist to underwrite Lloyd's book
Travelers has hired kidnap and ransom specialist Melanie Simpson-Mills to join Travelers Syndicate Management as a development underwriter.
Travelers hires ex-Catlin director for aviation division
Travelers has appointed David Watts as head of general aviation for Travelers Syndicate Management, Syndicate 5000 at Lloyd’s.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
Chaucer swoops for Travelers marine specialist
Lloyd’s specialist insurer Chaucer has recruited Travelers’ senior UK marine underwriter.
Travelers reports 91% increase in net income for Q2
US insurer Travelers today reported net income of $925m, or $2.41 per diluted share, for the quarter ended June 30, 2013, compared to $499m, or $1.26 per diluted share, in the prior year quarter.
R&Q and MPPA reach agreement
Randall & Quilter has reached an agreement with MPPA Insurance to receive by way of novation all contracts underwritten by MPPA.
Travelers Q1 figures show upturn for US P&C business
Positive results at property casualty insurer Travellers reflect an upturn in the US market according to a Westhouse insurance analyst.
Hurst-Bannister expands Xchanging role
Former London Market Group and Travelers chairman Barnabas Hurst-Bannister has been given an expanded role at technology provider Xchanging.
International: Are you protected?
A pan-European data protection regulation may enhance transparency and accountability, but could inadvertently hamper insurance activities, harming companies and policyholders.
NIG recruits from Travelers for commercial claims head
Commercial insurer NIG has recruited Travelers’ senior claims manager Rob Smart to serve as its new head of commercial claims.
Giles sets sights on £145m GWP for network start-up within two years
The newly installed managing director of Giles' networks and London market businesses has outlined his far-reaching plans to add hundreds of millions of pounds in gross written premium to the firm's books within the next two years.
Mitsui Sumitomo swoops for Travelers claims head
Mitsui Sumitomo has appointed Travelers Syndicate Management head of claims Simon Catt for its Lloyd's operation.
'Crippled infrastructure' hampers Sandy recovery
Assessing the scale of devastation wrought by Superstorm Sandy has been hampered by disruptions in fuel supply, communications and power, according to insurance firms on the ground.
Analysts predict 'superstorm' Sandy will strike primary insurers hardest
Lloyd's will avoid major losses relating to 'superstorm' Sandy, if early estimates that the primary insurers will absorb the bulk of the losses are correct.
Primary insurers to bear brunt of Sandy, says Fitch
Losses related to Hurricane Sandy will be largely borne by primary insurers, according to Fitch Ratings.
ProSight hires ex-Travelers boss Cusition as syndicate underwriter
ProSight Specialty Underwriters has appointed Paul Cusition, former global head of professional indemnity at ANV, as active underwriter of Syndicate 1110 at Lloyd’s.
Market moves: Busy week sees major hires at Travelers and Giles
In a busy week of recruitment for insurers and brokers, certain firms strengthened their reputations as companies with a real appetite for employment.
Market moves: FSJ, Liberty and RSA among main hirers in busy week for recruitment
This week FSJ continued its recent recruitment push by adding four new brokers to its growing team. Meanwhile, Liberty announced hires in its European underwriting arm and syndicates team, and RSA welcomed two new staff to its global speciality lines…
Cage begins work as CUO for Travelers Europe
Rob Cage has taken up the role of chief underwriting officer for Travelers in Europe, after joining from Chubb Europe, where he was active underwriter of Chubb's syndicate.
Cage takes post as Travelers CUO
Travelers has announced its new chief underwriting officer, Rob Cage, has started his new role having been appointed early in the year.
Travelers claims head joins Liberty
Commercial lines insurer Liberty Mutual Insurance has appointed Nikki Barrett-Browne as commercial casualty claims manager.
Travelers appoints European COO
P&C insurer Travelers has appointed former Willis global specialty boss Matthew Wilson as its new chief operating officer.