Insurer

Willis Commerical Network reaches milestone

The Willis Commercial Network, a partnership between the Willis Group brokerage and local, independent brokers, has signed up its 60th member – Leicester-based Martin Bown & Co.

Allianz makes regional appointments

Allianz Cornhill has appointed Steve Williams as its new regional manager for the North West and will be based in the Manchester office. He was previously with Royal and Sun Alliance as North West regional director.

Aviva cuts chief executive’s pay

Aviva has announced it cut chief executive Richard Harvey’s compensation 23% last year after he received a one-time payment in 2002 related to a merger. The value of his pension rose 24%.

Zurich CEO claims second spot in corporate market

Zurich chief executive officer James J Schiro today declared that its return to profitability was based its “strong emphasis on the fundamentals of underwriting and claims management as well as on tight cost and expense controls”.

Axa UK appoints board members

At its meeting on 13 February 2004, the Board of AXA UK approved the appointment of Keith Gibbs and John O'Neill as Board Directors of AXA UK. The appointments are subject to the usual regulatory approvals.

Cobra membership grows

Commercial broking alliance Cobra said it is currently processing six new members to add to the ten that have joined since 1 Decmeber.

Aon announces profit rise

Aon has reported a $215m net profit for the last quarter of 2003, a 15.6% increase on the $186m it made over the same period of 2002.

Axa's Regan moves to RSA as group financial controller

Royal & Sun Alliance Insurance Group has appointed Pat Regan in a new role as group financial controller, subject to approval by the Financial Services Authority. The appointment follows the announcement in January that George Culmer will join the Group…

Marsh appoints former officer

Broker Marsh has announced that Iain Pickard has been appointed as its new UK retail chief operating officer.

HHH on verge of major announcement with sale mooted

Hill House Hammond (HHH) is expected to make a major announcement within the next 24 hours, Insurance Age magazine has learned. Sources have speculated that the announcement could be related to a possible sale of the business. HHH was unavailable for…

Hiscox Insurance boss Sian Fisher resigns

Sian Fisher, the managing director of Hiscox plc subsidiary Hiscox Insurance, has resigned and will be leaving the company at the beginning of February 2004.

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