Guardian Holdings chief quits
Guardian 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 2007 and increased revenues of $3.7m compared $3.2m in the corresponding period in 2006.
QuestGates appoints Pinder
Loss adjuster QuestGates strengthened its liability division appointing Steve Pinder as divisional service manager. He joins from Capita CMGL where he was a senior handler and team leader.
Fitch upgrades Markel
Fitch Ratings upgraded the financial strength rating of Markel International’s insurance company to ‘A’ with a positive outlook from ‘A-‘ with a positive outlook.
Ace launches D&O cover
Ace launched a directors' and officers' (D&O) cover designed to address the increased exposure of individuals and their personal assets.