Willis Towers Watson
Towers Watson adds to P&C team with senior hires
Towers Watson has appointed Charlie Kefford and Kirsty Gray to its UK property and casualty insurance senior management team.
Willis returns to profit despite sliding operating income
Willis has swung back to profit in its latest full year results, 12 months after reporting a loss of $446m, in spite of a reduction in adjusted operating income.
Axa’s Evans lauded for commitment to public interest at CII awards
Axa group chief executive Paul Evans was recognised with an achievement award for his work in championing the public interest at last night’s inaugural Chartered Insurance Institute Public Interest Awards.
RSA mid-markets boss Wilkinson exits
RSA mid-market regions director Dan Wilkinson has left the insurer after just over a year in the job.
Career file - Pat Regan: Aviva CFO Regan to join QBE in Australia
Aviva's chief financial officer Pat Regan is leaving the group to join QBE as its CFO in Sydney, Australia.
Interview: David Martin: The value of specialism
Having returned to broking, Willis UK retail head David Martin is rethinking the strategy of resource deployment and focusing more on specialisms.
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Industry-owned cat modelling framework launches
An industry-owned catastrophe modelling framework has launched today aiming to reduce costs and increase flexibility for its users.
C-Suite: Different expectations pose risk
The government and the industry are not on the same page when it comes to motor premium reductions.
Ace hires Willis’ Stuart Elliot to grow terrorism book
Ace Group has appointed Stuart Elliot as terrorism and political violence underwriter responsible for growing the its terrorism book.
ABI’s Evans slams lack of political courage on young drivers
The Association of British Insurers has condemned stalled progress on a government green paper investigating updated rules for young drivers.
Philippines promotes catastrophe risk financing initiative
The United Nations Office for Disaster Risk Reduction has teamed up with Willis Re and Munich Re to propose a new approach to catastrophe risk financing for the Philippines.
Willis' Thomas moving to Singapore
Neil Thomas, executive director, energy, property and casualty claims at Willis is moving to Singapore from London in February to help him concentrate more on Asia.
Willis UK restructure not aimed at 'cost cutting'
The restructuring of Wills Group’s UK operations is designed to fuel growth and is “not an exercise in cost cutting” according to UK retail head David Martin.
2014 tipped to see consolidation surge as sector’s M&A appetite increases
Regulatory certainty, soft market and economic recovery make deals likely.
Marsh boss raises doubts over customer benefit of quota share deals
Marsh UK and Ireland chief executive Mark Weil has admitted that doubts remain over the customer benefits of quota share deals, such as the arrangement made last year between Aon and Berkshire Hathaway.
Willis acquires specialist broker Charles Monat
Willis has acquired Charles Monat, a life insurance broker to high net worth clients, to bolster its Global Wealth Solutions operation.
Reinsurance renewals remain ‘tough’ despite reduced concerns over PPOs
Insurers benefiting from non-motor rate reductions across the board.
Doug Smith appointed to corporate consultancy role
Former Willis and Marsh boss Doug Smith has joined Insight Insurance Consultancy’s corporate insurance consultancy business.
Market Moves: 9 January 2014
Ecclesiastical, LV, Ageas, Zurich and Torus are among the insurers recruiting this week, while Willis, and Arthur J Gallagher are the brokers making moves.
My Licence: Seal of approval
While the My Licence driver data-sharing initiative may have some obstacles to overcome, the industry consensus is that it should benefit all parties involved in motor insurance.
Willis hails 30% increase in solicitors' PI market share
The UK legal services practice of Willis Group has grown its market share of the solicitors’ professional indemnity insurance market by around 30%.
Axa restructures Manchester branch
Insurer Axa has restructured its Manchester branch in a bid to better support local brokers.
Gallagher grows north-east office with sales director appointment
Arthur J Gallagher is growing its management team in north-east England with the appointment of Martin Atkinson as UK retail sales director.