Willis political risk
Willis is expanding its political and credit risks operation.
Audrey Zuck, previously of Banc of America Securities, becomes executive director in London where Phillip Hamilton Lee joins to spearhead business development in European credit. Alexandra Deschner joins the Willis team in New York as assistant vice president to manage North American accounts.
Capita's Talbot deal
Capita has been instructed by Talbot Underwriting to provide aggregate entry services for its property, political risks, aviation treaty and terrorism accounts.
Hardy shares sold
Prudential and its subsidiaries now own 1.2 million ordinary shares of Hardy Underwriting .
Amvescap has acquired 135,000 shares in Domestic & General Group, increasing its stake to 4.4 million shares, or 12.36%.
Questgate has made new appointments to its loss adjuster's liability team.
Brian Tunnah, former
GAB Robins area liability director, becomes liability business development director. John Turner is appointed liability technical manager, a post he held at Capita.
Sterling Hamilton Wright, in conjunction with Northern Underwriters, has secured an additional £8m worth of capacity for 2003. The extra capacity incorporates a new carrier for sole traders liability insurance.
Latest research from Hays Marketing Technology has found serious discrepancies in the treatment of customer and prospect databases by top UK insurers.
The study, carried out over a two-year period across UK top 1,000 companies, found that the accuracy of insurance prospect databases currently stands at only 52.2%, 10.4% lower than marketers anticipated.