The stories making waves this week

Promotion

Neil Clutterback is set to succeed Geoff Moylan as director of underwriting and technical at Allianz Commercial. Moylan retires on 31 May.

Three

Marsh has appointed Daniel Glaser as group president and chief operating officer, Peter Zaffino as chief executive and Alex Moczarski as chief executive of reinsurance division Guy Carpenter.

Goodbye

Distribution director Keith Hector and head of specialist markets Mike Phillips are the latest departures from AXA Commercial following chief executive Amanda Blanc’s shake-up of the business.

Ambition

Lloyd’s insurer Beazley is targeting a combined operating ratio in the mid-90s for the full year of 2011, despite a $154m (£94.5m) hit from catastrophes so far.

Win

Aon has won the contract for McLaren Group’s Formula 1 team.

Acquisition

Invicta Insurance Services is set to buy the general portfolio of Keith Montgomery Insurance Services. From 1 May, Invicta will also control the motor and commercial portfolios of Fountain Insurance & Investment Services.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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