Management: Just 18 months after becoming chief executive in January 2008, Simon Rice led a management buyout from AXA. This year he sold the firm’s liability and affinity portfolio to Gallagher UK.

Big story: Lonmar Global Risks lost a legal battle over poaching against Tyser & Co in November 2010. Lonmar had claimed that three former employees had broken contractual restrictions by transferring accounts worth more than £300,000 between the two companies.


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