All Opinion articles – Page 90
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News
Erinaceous loses top two directors
Two directors at Erinaceous Insurance Services are defecting to Towergate and its sister company CCV. Managing director, Andy Halstead, and director of insurance and underwriting, Nick Crocker, will take up roles at Towergate Financial Services and CCV. This development comes amid speculation that HBOS has tabled a bid for ...
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IGI shelves London property business
Jobs lost and London office closed as insurer withdraws from commercial let property
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Brownsword ‘spy’ move
David Brownsword, whose company pioneered the use of lie detector technology in the insurance sector, is believed to be joining insurance surveillance company Mike India 5. Brownsword is thought to be spearheading Mike India Five’s move into fraud detection services. He is believed to be joining the company in January ...
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Atrium brushes off downgrade threat
Atrium has shrugged off the potential threat of being downgraded by ratings agency Moody’s Investor Service.Moody’s has placed Atrium’s Syndicate 609 under review in light of the company’s proposed merger with Bermuda reinsurer Ariel, and the news that its lead underwriter, Christine Dandridge, will be retiring.The ratings agency said although ...
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R&SA gets China subsidiary approval
Mike Jakeman named as chief executive of R&SA Greater China
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Insurance industry wastes talent
New study finds 50% of insurance workers looking to change career
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Web news…
Kane to succeed SatchellArchie Kane, chief executive of Scottish Widows, is the new chairman of the Association of British Insurers (ABI). He was appointed at the Association's AGM on 18 July and succeeds Keith Satchell who has concluded his two-year term.First published 19 July Rise in home insuranceThousands of homeowners ...
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Features
Irish eyes are smiling
Already an established name in the direct motor market, Quinn-direct’s general manager, Colin Morgan tells how the company is using its Irish expertise to bring competitively-priced, hassle-free insurance to the UK. Andrew Holt reports
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Ex-Chubb motor chief to lead Hiscox’s high net worth expansion
Hiscox is set to ramp up its high net worth (HNW) motor book after picking up Chubb’s ex-motor chief to drive its expansion.Ashley Cole, former lead underwriter for motor and household at Chubb, will be responsible for building the insurer’s motor strategy to compliment its core household HNW offering.Glen Caton, ...
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Co-op Financial cuts costs and 1,000 jobs
Co-operative Financial Services (CFS) is to cut its workforce by approximately 1,000 by the end of 2007 as part of a move to slash costs by £100m a year. The job losses amount to approximately 10% of employees at CFS and come three years after the division made 2,500 staff ...
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Jury hears first evidence from defendants
Nathan Skinner reports on the continuing Independent fraud case
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Brit announces restructuring
Changes include introduction of new underwriting forum, creation of two new claims divisions and appointment of three new execs
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Indie trial: Jury hears Bright's SFO interviews
Jurors at Southwark Crown Court have heard evidence from taped interviews given by defendant Michael Bright
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Co-operative Financial Services announces job cuts
CFS proposes to reduce its workforce by approximately 1000 during 2007
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News
Heath Lambert plays down impact as senior director defects to RFIB
Heath Lambert has played down the significance of losing a senior director to fellow Lloyd’s broker, RFIB Group.Hugh Champion, managing director of Heath’s facilities division, which represents around 10% of the company’s overall brokerage, has left to lead RFIB’s own facilities team.The departure of Champion, who joined the company in ...