Equity buys NI insurer
Equity purchased Holdsure, an insurer based in Carrick- fergus in Northern Ireland, from Berkshire Hathaway. Last week Equity bought Belfast broker Open + Direct.
FSA unveils crime division
The FSA unveiled the finan- cial crime and intelligence division to tackle the risks posed by the evolution of financial crime.
DAS acquires Amicus
DAS UK acquired Amicus Legal a specialist legal protection underwriting agency. Amicus Legal with a particular focus on marine legal protection.
AIG warns of D&O risks
AIG Europe warned of the growing exposure for companies and directors outside the US both in civil and criminal actions.
Red Star house cover
Equity Red Star launched a household insurance policy offering buildings cover of up to £400,000, with £40,000 on contents for properties of up to five bedrooms. The policy is available to Open GI and SSP users .
SSP extends Swinton deal
Software Solutions Partners (SSP) has extended its IT contract with Swinton to encompass recently acquired brokers and the group's online operations.
Marsh wins China licence
Chinese authorities granted Marsh the country's first wholly-owned foreign enterprise broking licence, which will allow Marsh to broker across a number of sectors.
Insurers need to develop new cover in response to the European Environmental Liability Directive, which comes into force at the end of April, according to the Federation of European Risk Management Associations.