Latest News – Page 1917
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News
News in brief
Guardian Holdings chief quitsGuardian Holdings group chief executive Rory O’Brien has resigned, the insurer said. Peter Ganteaume, the former chief executive of the group will assume the leadership until a suitable replacement is found. The group reported an operating profit of $259.9m (£126m) for the nine month period ended September ...
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Backchat
Lloyd’s opens its (toilet) doors
Rumours that levels of run-off are getting out of hand intensified last week after a water main on Lime Street unexpectedly burst.The event wreaked havoc when managing agent Cathedral was forced to unceremoniously evacuate its hallowed premises. Staff at Xchanging also lost water in its building. Luckily the good folks ...
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News
No regulatory breaks for market, says FSA leader
The FSA has said it will not hand regulatory breaks to the London market if the sole aim is to enhance competition with foreign markets. It emerged this week that Sarah Wilson, insurance sector leader at the FSA, told delegates at a high-level Treasury summit on the competitiveness of the ...
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Supplements
Listings 21-30
21. BRIT INSURANCE HOLDINGS55 Bishopsgate, London, EC2N 3ASTel: 020 7984 8500Fax: 020 7984 8501Website: www.britinsurance.com email: enquiries@britinsurance.comChief officer: Dane Jonathan Douetil CBE, group chief executiveNumber of UK offices: 9Number of UK employees: 721Main lines of business: Brit Global Markets: accident and health; aerospace; marine; financial & professional; property.Brit Reinsurance: property ...
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Supplements
Listings 31-40
31. ECCLESIASTICALBeaufort House, Brunswick Road, Gloucester, GL1 1JZTel: 01452 528 533Fax: 01452 423 557Website: www.ecclesiastical.comemail: ecclesiastical@eigmail.com Chief officer: Michael Tripp, chief executiveYear established: 1887Major shareholders: Allchurches TrustNumber of UK offices: 7Number of UK employees: 983Main lines of business: General insurance and financial servicesSubsidiaries: The Churches Purchasing Scheme; Ecclesiastical Insurance Office ...
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Supplements
Listings 41-50
41. MARKEL CORPORATIONMarkel Corporation49 Leadenhall Street, London EC3A 2EATel: 020 7953 6000Fax: 020 7953 6001email: gerry.albanese@markelintl.comWebsite: www.markelintl.com Chief officer: Gerry Albanese, president and chief operating officer, Markel InternationalYear established: 2000Number of UK offices: 8Number of UK employees: 425Main lines of business: Specialty: Treaty reinsurance of worldwide property and non-US casualty ...
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News Analysis
Insuring the twilight years
As the population of the UK ages, more insurance companies are targeting the older consumer. But are they offering a fair deal? Michael Faulkner reports
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News
Allianz general managers go in division merger
The general managers of Allianz’s personal lines and speciality divisions have left the company following the creation of a new division The insurer confirmed this week that Allianz Personal general manager Nick Hall and Gareth Jones, general manager of Allianz Specialty, had left the company following the restructure. As ...
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News
Iprism signs second network
Online SME comparative quote facility Iprism has signed its second broker network 1 Answer Network two weeks after announcing its first network tie-up with UKGI.Iprism said it was currently in discussion with other potential network partners, with further announcements expected in the New Year.The deal with 1 Answer Network allows ...
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News
Chubb team to service independent brokers
Chubb has restructured its London office, creating a new broker-facing specialist team in an attempt to align itself more closely with independent brokers. The 23-person team will comprise of specialist personnel from within the company, and will service an initial panel of 80 brokers controlling premiums ranging from £5m to ...
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News
Motor market losses will increase, says Deloitte
The UK private motor market will fall further into the red in 2007, despite sustained rate increases during the year, according to Deloitte.The professional services firm said in a report that the motor market’s underlying loss would drop further from its 2006 performance before improving slightly in 2008, although still ...
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Online only
Integration, integration, integration
Allianz is not the only insurer integrating its divisions
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Online onlyMMA inks connectivity deal with Kewill
Streamlined electronic communications with broker network delivered
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Online only
Biba alerts industry to impact of FSCS funding changes
Biba has expressed concern that its members may be forced to help compensate the customers of Northern Rock
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Online only
Sabre appoints head of business systems
Sabre appoints David Hall as head of business systems
