Regulation

Glencairn acquires IoRisk Solutions

Glencairn Limited has appointed Mark Ter Haar as its new Business Development Director. The move comes as part of the acquisition of IoRisk Solutions, which was established in 2001 under an umbrella arrangement with independent Lloyd’s broker, Holman’s.

London market must explain contract certainty

The London Insurance market risks losing custom if it fails to explain to the rest of the world the huge impact contract certainty will have on its practices, says Reynolds Porter Chamberlain, the City law firm.

QBE changes name of underwriting entity

QBE European Operations has changed the name of QBE International Insurance to QBE Insurance (Europe) (QIE).QBE International Insurance makes up the company market arm of QBE European Operations, including brands such as Ensign and MPB.

Lloyd's signs four year contract for managed IT services

Lloyd’s has re-signed a managed services contract worth £10.5 million with European IT services provider, Steria. Steria will continue to provide applications management, data centre hosting and infrastructure management to the market – which has the…

Markel International España opens for business

Markel International, the international property and casualty insurer, has announced the opening of its Spanish branch, Markel International España. The office was opened to an audience of 120 Spanish professional liability brokers last week in Madrid.

NU in healthcare buy

Norwich Union Healthcare has completed the acquisition of Private Health Care, one of the largest independent providers of occupational health solutions in the UK.

Capita expands health division

The UK’s largest corporate occupational health provider will be created from 1 October when the integration of BMI Health Services with Capita Health Solutions is completed, it was claimed.

Fitch: key challenges in Russian insurance sector

Fitch Ratings says the Russian insurance sector continues to be challenged by low market capitalisation, inability to meet solvency requirements, and variable level of consistency in the statutory financial reporting. The sector also suffers from a lack…

ABI responds to government changes

The Association of British Insurers has welcomed today’s government announcement that it plans to clamp down on uninsured drivers. The ABI said the move could significantly reduce the level of uninsured driving and improve road safety.

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