Latest News – Page 2021
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Archive
Higos announces West Country expansion
Higos insurance services, of Wells, have bought Mike Deverell insurance services, also based in Somerset. Managing director Mike Deverell commented: “I am pleased we have secured the continuity of service and products by joining Higos. Their high standard of customer care was a primary reason for my decision to join ...
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Swinton extends acquisition drive as profits grow
Personal lines giant Swinton is looking to follow its purchase of commercial broker Vectis Insurance as early as this month, according to its chief executive Patrick Smith.Swinton acquired Isle of Wight-based Vectis last week. "There are a couple we have our eye on and we may be purchasing in the ...
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Protectagroup to float after expansion plan
Welsh broker Protectagroup is set to float on the London Stock Exchange after completing an aggressive acquisition drive which will more than quadruple its size.The personal lines broker intends to proceed with an initial public offering (IPO) by 2011 through a main market flotation, which may include the yet to ...
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Chubb appoints personal insurance head
Chubb has appointed Paul Chapman as head of personal insurance, following a restructure of its personal lines division. The appointment is the final phase of the overhaul, which will increase the company's regional presence. All underwriting will remain in London.The new role will see Chap-man, former worldwide underwriting manager for ...
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Jelf strengthens position across Thames Valley
Jelf reaches tenth acquisition in 12 months with Aldershot broker purchase
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Aon calls for better employee safety management
Aon has called for the oil industry to implement crisis management plans and other measures to help prevent kidnapping as the number of foreigners kidnapped in Nigeria is on the rise. According to Aon, while the number of global kidnappings has dipped slightly, incidents are on the increase in Nigeria ...
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Lancashire weighs in with strong Q1 results
Lancashire Holdings has announced net income after tax of $87.9m or $0.43 diluted earnings per common share for the first quarter 2007, compared to $9.3m or $0.05 per common share for the same quarter of 2006. The company also generated operating income of $88.1m, or $0.43 diluted operating earnings per ...