People Moves – Page 138
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NewsAllianz puts 170 jobs at risk as it plots direct home and motor exit
Allianz UK is planning to withdraw from direct home and motor and as a result, is putting 170 jobs at risk. Roles in Allianz’s Bristol and Guildford offices will be affected by the proposal and a period of consultation has begun with the Union on the ...
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NewsTracey McDermott to leave FCA in July
FCA acting chief executive Tracey McDermott is leaving the regulator on 1 July. The announcement today follows the appointment of Sam Woods as the new PRA boss. As a result Andrew Bailey will now leave his role as PRA head to join the FCA. Earlier this ...
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NewsRomero opens Midlands office after hiring Circle's Williams
Leeds-based broker Romero has opened a new office in Nottingham to serve clients in the Midlands. The new office is headed by Stuart Williams, who joined Romero as a director in March from broker Circle Insurance Services, where he was operations director on a short-term contract. ...
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NewsBollington expands further into motor trade with Scottish hire
Bollington Insurance is planning to expand its motor trade business following the hire of a new motor trade account manager. In his new role Gary Ferguson will service businesses in Scotland. He has joined the broker from TL Dallas in Falkirk. Prior to that he also ...
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NewsAXA creates separate real estate arm amid push for further growth
AXA Insurance has created a standalone real estate division to take advantage of the double digit growth the division has seen. The real estate business is currently managed as part of the wider London Branch operation. But the insurer said owing to the real estate book ...
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NewsRSA UK personal lines MD Mark Christer to leave
RSA UK personal lines managing director Mark Christer is leaving the company after five years in the role. David Coughlan, RSA’s group underwriting director, will replace Christer on 1 May. He will report to UK chief executive Steve Lewis. Coughlan joined RSA in 2008 as group ...
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NewsHyperion’s Stuart Rootham to depart
Hyperion Insurance Group-owned Howden UK Retail joint managing director Stuart Rootham is leaving the company at the end of June. Prior to being appointed joint managing director, Rootham had been the managing director of broker RK Harrison (RKH) Insurance Services since 2011. After the acquisition of ...
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NewsBroker Network hires Canopius’s Tim Rolfe for new role
Broker Network has hired former Canopius UK specialty chief executive Tim Rolfe as chief product and underwriting officer. Rolfe will take up the newly created role on 1 May, subject to regulatory approval. It emerged in February that Rolfe was leaving Lloyd’s insurer Canopius, which he ...
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NewsAIG plans to cut 125 UK jobs – report
Troubled insurer American International Group (AIG) is planning to cut 125 jobs in the UK, Bloomberg reports. Sources familiar with the plan told Bloomberg that the US-based group was planning to cut 5% of its 2,500-strong UK workforce, which would mean around 125 staff would be ...
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NewsPRA insurance head named regulator’s new chief executive
PRA executive director of insurance supervision Sam Woods will become the regulator’s new chief executive on 1 July. Woods will also become the Bank of England’s deputy governor for prudential regulation. He will replace current PRA chief executive Andrew Bailey, who is leaving to become chief ...
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NewsEx European regulator chief joins PwC's insurance advisory team
PwC said it has appointed former top European regulator Carlos Montalvo Rebuelta (pictured) to its global insurance regulatory practice. Based in Spain, Montalvo will support the corporate services group’s European and global clients in managing their regulatory challenges. Montalvo was previously executive director at the European ...
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NewsWillis Networks names replacement for insurer relations director
Richard Fullerton has been promoted to role of Willis Commercial Network market development director
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NewsJLT's Thistle managing director Paul Williams to depart
Williams’ exit is part of management changes under Thistle and JLT Specialty broking merger plans
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NewsPremium finance firm Bexhill hires commercial director amid growth plans
Bexhill says it is a seeing a demand from brokers for new premium finance solutions
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NewsSeventeen Group expands Scottish presence with latest purchase
The broker has acquired Annandale Insurance Brokers
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NewsDes O’Connor joins Broker Network as chief commercial officer
Appointment comes as Highbridge buys majority stake of network
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NewsArthur J Gallagher buys insurance management firm
Kane Insurance Management specialises in captive consulting and Insurance-Linked Security
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NewsAXA group boss Henri de Castries to retire in September
AXA Germany head Thomas Buberl to replace long-standing chief
