London News

Lloyd’s Dinner Features Lord Levene, NATO Head on Global Concerns

Lloyd’s held its fifth “Annual City Dinner” on Wednesday night, Sept. 5. A cross section of business and government leaders in attendance heard from Lloyd’s Chairman Lord Levene and the Secretary General of NATO Jaap de Hoop Scheffer. In his …

NMB Names Thon Energy Division Director

Newman Martin and Buchan, an independent Lloyd’s insurance and reinsurance broker, has appointed Hilde Thon as a director of its energy division. Thon, a Norwegian national, has 25 years’ experience in the marine and energy insurance broking sector and worked …

Lockton Introduces New ‘Business Resilience’ Coverage

Lockton announced from its London office that it has “designed an exclusive insurance product called Business Resilience in partnership with Kiln, an international insurance and reinsurance underwriter.” The coverage targets Lockton clients, who have “time critical networks and who have …

West Joins Marsh UK Business Continuity Team

Marsh UK announced that Vince West has joined its London office as a managing consultant within its Business Continuity Management team. He will be responsible for developing and delivering the firm’s business continuity services to existing and prospective clients. Before …

Cooper Gay Acquires CRS Team

The Cooper Gay Group, one of the London market’s largest privately owned insurance and reinsurance brokerage groups, announced that it has acquired the reinsurance and terrorism broking teams of CRS Group (London) plc., effective Sept. 1. Cooper Gay’s CEO Toby …

U.S. Risk Names Goss a Broker and Inland Marine Underwriter

Dallas-based U.S. Risk Insurance Group Inc. named Quinton Goss a broker and inland marine underwriter at U.S. Risk Brokers, the company’s wholesale excess and surplus lines insurance brokerage operations. He will be based in the company’s Dallas office. As a …

AIR, RMS Comment on Felix

Both AIR Worldwide and Risk Management Solutions have issued bulletins commenting on Hurricane Felix. Its sudden formation and rapid strengthening into a category 5 storm are virtually unprecedented. “Since 1900, only four years have recorded more than a single Category …

Guy Carp Names Lumbis Managing Director, Corporate Finance-Europe

Guy Carpenter & Company has appointed Paul Lumbis as Managing Director of Corporate Finance, Europe. He will be responsible for leading the firm’s European corporate finance business, with a particular emphasis on mergers and acquisitions (M&A). He also will help …

Barrett Joins Miller’s London Office

Miller Insurance Services Limited announced that Victoria Barrett has joined the company as a broker and Associate Director of its Professional Risks business unit. She will be based in Miller’s London office. Her appointment “further strengthens the position of Miller …

Best Downgrades American Live Stock to ‘A’ after Hiscox Buy

A.M. Best Co. has downgraded the financial strength rating (FSR) to “A” (Excellent) from “A+” (Superior) and the issuer credit rating to “a” from “aa-“of American Live Stock Insurance Company (ALS) of Geneva, Ill. Best also removed the ratings from …