People Moves – Page 157
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AgendaNew management for Allianz Global Corporate & Specialty board
Allianz Global Corporate & Specialty (AGCS) have announced their its chief underwriting officer. Paul O’Neill, 53-years-old, will oversee AGCS’s energy, marine, aviation and entertainment lines of business, with effect from October 1. O’Neill, who is currently AGCS’s global head of marine and energy, will succeed Bill ...
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NewsCooper Gay puts 70 jobs at risk as turnaround continues
Cooper Gay has put 70 London-based jobs at risk of redundancy as it continues to restructure, Insurance Times understands. The broking group employs 400 staff in London, where it is headquartered. The news comes as Cooper Gay continues work to turn itself around under new chief ...
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NewsBrightside puts 50 jobs at risk in restructuring
Broking group Brightside has put 50 jobs at risk as part of a restructuring programme for its non-customer-facing functions. The functions affected by the restructure include IT, marketing and finance. The formal consultation period for the potential cuts will begin mid-July and the final decision announced ...
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NewsCooper Gay hires chief innovation officer
Peter Hacker has joined broker Cooper Gay as group chief innovation officer. Hacker was previously head of rival broker Jardine Lloyd Thompson’s communications, technology and media practice and has also served as a managing director of Swiss Re. He is also co-founder and partner at Distinction ...
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NewsL&G names former top civil servant as chairman
Legal & General said it has appointed former senior civil servant Sir John Kingman as group chairman. The appointment has been approved by the PRA and the FCA. Kingman (pictured) succeeds Rudy Markham, who was appointed interim chairman when John Stewart retired on 1 June. Kingman ...
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NewsAviva fights back amid wave of consolidation
Aviva is investing heavily in smaller independent brokers in an effort to stave off the lure of the consolidators who are on a buying spree. After the large-scale acquisitions of Oval, Giles and Jelf, there are not many big brokers left in the market. So attention ...
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NewsMarsh and Gallagher plot UK acquisitions
Much of the recent talk about UK SME broker mergers and acquisitions has been dominated by the new consolidators such as GRP and PIB. But it should not be forgotten that there are much bigger beasts in the market that also have a strong appetite for ...
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NewsChubb's European high net worth head to depart
Chubb Europe’s head of personal lines Simon Mobey is leaving the company. He will be replaced by UK and Ireland distribution head Jeremy Miles who has been promoted to the role of senior vice president, personal risk services, Europe. In his new role Miles will be ...
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NewsHDI plots Scottish expansion with Glasgow branch
HDI Global is planning to open an office in Glasgow. The insurer said it wanted to strengthen its regional footprint by establishing a presence in Scotland. It already has offices in London, Birmingham and Manchester. As a result of the move HDI has hired Paul McGhee ...
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NewsAon UK appoints long-serving Marsh exec to board
Aon UK Ltd has appointed former Marsh executive John Nicholson as a non-executive director. Aon UK Ltd is Aon’s main regulated entity in the UK, and includes the global broking group’s UK risk management, insurance and reinsurance businesses. Nicholson worked at Marsh for 18 years between ...
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NewsBroker Network plots acquisitions
Broker Network is planning to acquire brokers, according to market sources. The network is close to completing a deal which means that Towergate will retain 19.9% of Broker Network’s shares. Towergate, which is selling a majority stake in Broker Network to Highbridge for £46m, has put ...
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NewsHomeserve names Ford chief operating officer
HomeServe said it has appointed current group chief financial officer Johnathan Ford to the new position of group chief operating officer. In his new role, Ford will ensure high levels of operational effectiveness across the group as it grows, the home assistance company said. As part ...
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NewsAXA's Buberl to set out five-year plan
AXA’s incoming group chief executive Thomas Buberl is due today to present his five-year plan to cut costs and boost growth, according to the Financial Times. Buberl (pictured), who starts his new job at the French-based insurer in September, will present his plan ahead of an ...
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NewsMarkel names Desai head of professional indemnity
Markel International has appointed Bhavik Desai (pictured) as head of professional indemnity. Desai replaces David Sawyer who has become managing director of professional and financial risks in the group’s newly-created specialty and financial lines division, headed by James Hastings. Markel have been writing professional indemnity in ...
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NewsAdmiral appoints Mumsnet founder as non-executive director
Admiral has appointed the founder of online parenting forum Mumsnet as a non-executive director. Mumsnet chief executive Justine Roberts (pictured) has been responsible for the creation, strategic direction and overall management of Mumsnet, building it into one of the most recognisable internet brands in the UK, ...
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Online onlyDeloitte appoints new regulatory partner
A former Bank of England regulation director has joined consultants Deloitte. Andrew Bulley, who played a key role in the PRA’s roll-out of Solvency II to the life insurance industry, has been appointed as a partner in the Deloitte’s EMEA centre for regulatory strategy. “Now is ...
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NewsCooper Gay hires strategy and change head
Broking group Cooper Gay Swett & Crawford (CGSC) has hired Wendy Kilminster as head of strategy and change. She will join the company in September and report to group commercial director Andy Wallin. CGSC is in turnaround mode under new chief executive Steve Hearn, who joined ...
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NewsAsh Bathia’s Lloyd’s syndicate hires QBE financial lines head
Probitas 1492, the Lloyd’s syndicate run by Ash Bathia (pictured), has hired QBE’s former financial lines head Charles Boorman. Boorman joined Probitas today and reports to casualty chief underwriting officer Neila Buurman. In his new role Boorman heads up Probitas 1492’s financial lines team of underwriters, ...
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NewsSompo Canopius operations head Stephen Manning departs
Sompo Canopius chief operating officer Stephen Manning will leave the Lloyd’s insurer at the end of the year. It is understood that while Manning currently has no position to move into, he is keen to stay within the industry. Manning said: “I have enjoyed 11 exhilarating ...
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NewsLonmar changes board as directors exit following GRP deal
Lloyd’s broker Lonmar is reshuffling its board after three directors left following the completion of the management buy-out backed by Peter Cullum’s consolidator Global Risk Partners (GRP). Lonmar chairman Howard Steeples, director Christopher Birrell and non-executive director George Boden are now no longer Lonmar directors following ...
