Omni run-off win
Omni Whittington Capital Management has won the run-off contract for Syndicate 2002 from its original managing agency Zenith Syndicate Management.

The transfer has b …

Omni run-off winOmni Whittington Capital Management has won the run-off contract for Syndicate 2002 from its original managing agency Zenith Syndicate Management.The transfer has been achieved by a novation, which has now received full approval from Lloyd's.Syndicate 2002 was established in 2000 to write predominantly UK personal lines (motor) and small commercial business. The syndicate's final year of account was 2002 when it had capacity of about £84m(First published 15 July)

DAS downgradeStandard & Poor's (S&P) has downgraded the outlook on its rating for legal expenses underwriter DAS Legal Expenses Insurance Company. S&P said the outlook had been downgraded from stable to negative to reflect the negative outlook on the company's immediate parent, ERGO Group. (First published 15 July)

Haulage productTHB Group has launched a risk managed haulage combined product, underwritten by ACE Insurance. Called Freightshield, the product is aimed at small to medium sized haulage contractors.(First published 15 July)

Fusion postsFusion Insurance has created three senior positions to provide additional broker support.Keith Jackson has been made general manager, north. Steve Williams has been appointed general manager, south. In addition, John Birchall has been named as strategic relationship manager. ((First published 15 July)

Towergate buys Towergate Underwriting Group has acquired agricultural and rural underwriting agency AIUA.Towergate said AIUA underwrites £28m in annual gross written premiums, and has strong relationships with Norwich Union and Royal & SunAlliance. (First published 15 July)Read it first at www.insurancetimes.co.uk

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