Broker start-up boost
Open GI reported an increase in the number of start-up brokers contracting for IT systems in response to growing market opportunities.
First published on 16 April
D&O inquiries surge
The insurance industry received a record number of inquiries in 2006 relating to directors' and officers' (D&O) liability insurance, according to Towers Perrin.
First published on 16 April
Chicago Olympics cover
Chicago plans to take out a $500m insurance policy to avoid the need for public funds to back its bid to host the summer Olympics and Paralympics in 2016, according to reports.
First published on 16 April
Bermuda regulator chief
The Bermuda Monetary Authority appointed Matthew Elderfield as chief executive. Elderfield joins from the FSA where he was department head of the major retail groups division. He takes on the role as chief executive of the Bermuda regulatory body in July and succeeds former chairman and chief executive Cheryl-Ann Lister.
First published on 13 April
IUA creates web database
The International Under-writing Association (IUA) launched a website creating an online database of documents and resources for the London re/insurance market.
First published on 16 April
Markel social policy
Markel UK, the retail division of Markel International, launched a policy for the social welfare sector.
First published on 13 April
AIG in alternative energy
AIG global marine and energy established a global alternative energy practice. Rick Gibbons, executive vice president of the division is leading the practice.
First published on 16 April
Two for AXA committee
AXA appointed two new members to its executive committee. John Dacey joins as group regional chief executive for Japan Asia-Pacific, while Frank Keuper, chief executive of AXA Konzern (Germany), was also appointed to the committee.
First published on 11 April
New Argenta claims head
Argenta Syndicate Manage-ment appointed David Williams, formerly of Xchanging, as head of claims.
First published on 12 April
Marine hikes justified
In most cases, the increased premiums which shipowners were being asked to pay by their P&I clubs were justified, and a vital factor in maintaining a solvent marine mutual market, according to law firm Moore Stephens.
First published on 12 April
Aon chief trousers $8.7m
Aon president and chief executive Gregory Case was awarded $8.7m in compensation in 2006, according to regulatory filings.
First published on 12 April
Thacker buy-out
Broker Richard Thacker, was acquired by its management team. The management buyout was led by Howard Mayhew and Tim McNulty, who will become managing director and director respectively. The current managing director, Ian Gemmell, will remain with the business.
First published on 12 April
