Danny Walkinshaw looks at the latest insurance stories online
The latest developments at some of the largest insurers and brokers in the UK and global markets have hit the headlines at insurancetimes.co.uk over the past week.
AIG, ACE, Willis, Towergate and Bluefin were just a few of the firms to feature in stories that were popular with visitors to the site.
The most popular story, ‘ACE in UK restructure’, was revealed first on insurancetimes.co.uk. The insurer hopes its new business structure will allow it to get closer to the UK broker market, hence the decision to appoint five new regional managers.
Broker Willis became the latest in the line of global firms to redomicile its operations, with Ireland its preferred destination. The news received a host of online coverage, including the Irish Times’ website, which reported that the broking giant’s decision to quit Bermuda will allow it to take advantage of Ireland’s 12.5% corporate tax rate.
Online visitors were also keen to read the thoughts of Towergate founder Peter Cullum after his speech at a London event organised by the consolidator. Cullum spoke in detail about the company’s plans, much to the interest of the rest of the insurance market.
A new office in Manchester for Bluefin also made the top five list, as did revelations that AIG had shed 10,000 staff in the first half of the year, a result of selling business units and cutting jobs.
Fantasy football managers continue to flock to the site in their droves to check on the performance of their teams, and plenty are choosing to make transfers already.
Online Top 5
The five most read stories at insurancetimes.co.uk this week:
ACE in UK restructure
Five regional managers appointed, and two new business segments created
Willis set to redomicile to Ireland
Broker plans move from Bermuda to Ireland
Cullum in Towergate battleplan
Founder Peter Cullum lays out path for beating downturn
Bluefin expands in Manchester
Julia Whittle hired as account manager for professions division
AIG shrinks by 10,000 jobs
US government employment figures show speed of job cuts