Company news
This month: Celebrations, climate change and culture
In this month’s issue Post published the annual top 100 Insurers, a list of the UK's biggest insurers ranked by non-life gross premium written in 2018, in association with AM Best.
How climate change is impacting the risk profiles of financial institutions
A closer look at how board-level considerations of climate change must shift, and the potential consequences if they do not
Clyde & Co names Matthew Kelsall as CEO successor
Matthew Kelsall is set to take over as CEO of Clyde & Co when Peter Hasson steps down at the end of this year.
Sedgwick restructures UK leadership team
Sedgwick UK deputy CEO Paul White has been promoted to lead the business, following the appointment of current CEO Stewart Steel as head of a combined Continental Europe, Middle East and Africa division.
Markel sells Brazilian subsidiary
Markel has sold its Brazilian subsidiary to its existing executive team following a strategic review.
Editor's comment: Let the games begin
We love board games at our house. One huge cupboard is filled with them and we have four different versions of monopoly in the cupboard and two versions of Cluedo.
Profit up at Arron Banks’ Eldon as losses deepen at insurer Southern Rock
Arron Banks-owned Eldon Insurance saw profit more than double in 2018, but losses at his insurer Southern Rock increased.
Scor’s battle with activist investor rumbles on amid Covéa legal action
Activist investor CIAM has blasted Scor's strategy as "without significant intrinsic value creation" in a letter to the resinsurer's lead director, following reports in the French media on its collapsed merger talks with Covéa.
Aviva appoints Jason Windsor as CFO
Aviva have appointed Jason Windsor as chief financial officer and executive director with immediate effect.
Aviva's Rob Townend to depart in leadership reshuffle
Rob Townend is leaving Aviva, amid leadership team changes that see the insurer scrap its UK managing director roles.
Lloyd’s unveils further measures to tackle market culture amid ‘sobering’ survey
Lloyd’s has today revealed six additional measures it will take to improve culture at the market, after a survey labelled “sobering” by its chairman Bruce Carnegie-Brown.
Nearly one in ten workers saw sexual harassment at Lloyd’s over the last year
Lloyd’s CEO John Neal said he was “appalled” by Lloyd’s culture survey results, as the results show 8% of workers claim to have witnessed sexual harassment in the market in the last 12 months.
Ecclesiastical UKGI MD John Blundell to retire
Ecclesiastical UK general insurance managing director John Blundell will retire from the role next year.
PE house swoops for Charles Taylor in £261m deal
Private equity firm Lovell Minnick Partners has made a £261m offer to buy Charles Taylor, with an aim to de-list it.
Rising Star: Will Slade, Allianz Insurance
Since completing Allianz's 8-week commercial summer internship Will Slade has progressed to distribution manager for the insurer.
Ageas and Ardonagh’s Uris extend deal with £200m contract
Ageas has signed a four year contract with Uris Group to provide cover for a number of specialist personal and commercial lines risks.
Claims Consortium completes acquisition of Stream
Claims Consortium Group has completed its acquisition of Stream Claims Services.
Keoghs swoops for Newcastle firm’s insurance practice
Keoghs has bought Newcastle-based Sintons’ defendant insurance business.
RSA appoints Ireland CEO
Kevin Thompson has been appointed as CEO of RSA Ireland, succeeding Ken Norgrove.
Tim Harris to join Direct Line as CFO
Direct Line Group has appointed Tim Harris as chief financial officer.
Clear Insurance acquires Morrison Insurance Solutions
Clear Insurance Management has acquired Alcester-based Morrison Insurance Solutions, its largest acquisition to date.
Aspen appoints UK CEO
Clive Edwards will become CEO of Aspen UK and Aspen Managing Agency.
CRL ceases writing new business following Alpha collapse
CRL, which recently failed to rehome 20,500 Alpha Insurance structural and latent defects policies, is no longer writing new business.
Hyperion to merge RKH and Howden
Hyperion will bring Howden and RKH together under a single management structure.