R&SA signs IT deal
Royal & SunAlliance (R&SA) signed a 10-year IT out-sourcing deal worth £92m, with T-Systems. R&SA will outsource its IT and printing operations with 63 employees being transferred to the service provider.
Markel GWP falls 8%
Markel International reported an 8% fall in gross written premiums to $162m for the third quarter of 2007 from $176m in the same period of 2006.
Lloyd’s approves EPG
EPG Insurance, the specialist provider of auto and machinery products insurance, was granted Lloyd’s broker status.
UKGI premium finance deal UKGI established an exclusive partnership with Kaupthing Singer & Friedlander Premium Finance, allowing UKGI members to offer premium finance to clients.
Hallam buys First Light
James Hallam acquired First Light Insurance Brokers, based in London’s Docklands.